Seller's Agent in 2022
Amber Mason
MKB, REALTORS(r)
(540) 520-9784
45 Total Sales
721 Red Ln Salem, VA 24153
Salem AreaEstimated Value: $355,000 - $409,158
3
Beds
2
Baths
2,156
Sq Ft
$180/Sq Ft
Est. Value
Highlights
- Deck
- No HOA
- Attic Fan
- Sun or Florida Room
- Cottage
- Forced Air Heating and Cooling System
About This Home
As of July 2022Opportunities like this don't come often! Adorable ''drunken brick'' cottage style home in one of Salem's best neighborhoods. Solid 1939 construction needs your updates to make it perfect. Hardwood floors. Large living room with 11' ceilings and gas fireplace. Spacious kitchen open to dining area with bay window. Two bedrooms (currently connected with a cased opening, used as one bedroom and sitting area, easily converted back to two separate rooms) on the upper level share a hall bath. Downstairs from the kitchen you'll find a lovely sunroom that opens to your backyard, as well as two large bedrooms, a shared bath and laundry room. Unique deck overlooking quaint backyard. Same owner since 1977.
Last Agent to Sell the Property
MKB, REALTORS(r) License #0225226234 Listed on: 06/24/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,478
Year Built
- Built in 1939
Lot Details
- 13,939 Sq Ft Lot
- Lot Dimensions are 80 x 173
- Property is zoned RSF
Home Design
- Cottage
- Split Level Home
- Brick Exterior Construction
Interior Spaces
- Gas Log Fireplace
- Living Room with Fireplace
- Sun or Florida Room
- Partial Basement
- Attic Fan
Kitchen
- Electric Range
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 3 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Deck
Schools
- West Salem Elementary School
- Andrew Lewis Middle School
- Salem High School
Utilities
- Forced Air Heating and Cooling System
- Radiator
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 1 & pt 2
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2022
Closed on
Jul 28, 2022
Sold by
Bought by
Seller's Agent
Amber Mason
MKB, REALTORS(r)
Buyer's Agent
Kimberly Payne
MKB, REALTORS(r)
List Price
$289,950
Sold Price
$282,000
Premium/Discount to List
-$7,950
-2.74%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,040
Avg. Annual Appreciation
8.26%
Original Mortgage
$267,900
Interest Rate
0.0578%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $282,000 | First Choice Title & Settlemen |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $101,000 | ||
| Open | $267,900 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2022 07/29/22 | Sold | $282,000 | -2.7% | $131 / Sq Ft |
| 07/03/2022 07/03/22 | Pending | -- | -- | -- |
| 06/24/2022 06/24/22 | For Sale | $289,950 | -- | $134 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,139 | $362,500 | $58,400 | $304,100 |
| 2024 | $1,588 | $264,600 | $56,900 | $207,700 |
| 2023 | $2,956 | $246,300 | $54,300 | $192,000 |
| 2022 | $2,671 | $222,600 | $50,100 | $172,500 |
| 2021 | $2,501 | $208,400 | $46,600 | $161,800 |
| 2020 | $2,478 | $206,500 | $43,900 | $162,600 |
| 2019 | $2,437 | $203,100 | $43,900 | $159,200 |
| 2018 | $2,393 | $202,800 | $43,900 | $158,900 |
| 2017 | $2,368 | $200,700 | $43,900 | $156,800 |
| 2016 | $2,368 | $200,700 | $43,900 | $156,800 |
| 2015 | $2,289 | $194,000 | $43,200 | $150,800 |
| 2014 | $2,289 | $194,000 | $43,200 | $150,800 |
Source: Public Records
Agents Affiliated with this Home
-
Amber Mason
-
Kimberly Payne
Buyer's Agent in 2022
Kimberly Payne
MKB, REALTORS(r)
(540) 589-3991
79 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 890825
APN: 62-4-1
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