NOT LISTED FOR SALE

862 Stonegate Ct Salem, VA 24153

Estimated Value: $258,700 - $269,000

3 Beds
2 Baths
1,416 Sq Ft
$188/Sq Ft Est. Value

Last Sold October 27, 2015

Last sale price $159,000 $112 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,698/month

189 Days on Market

Highlights

  • Mountain View
  • Storage
  • Level Lot
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of October 2015

Desirable Stonegate Court 3 Bedroom Home. One Owner Home Offers One Floor Living and a Convenient Salem Location. Well Maintained Home In Move In Condition. No Maintenance Living. Walk to Downtown Salem. This Property is Grandfathered as a Rental Use as Well As Owner Occupied Home.

Last Agent to Sell the Property

Egon Hofmann

BARKER REALTY CO License #0225170977 Listed on: 02/13/2015

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,726

Year Built

  • Built in 1984

Lot Details

  • 3,485

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Hardboard

Interior Spaces

  • 1,416 Sq Ft Home
  • Insulated Doors
  • Living Room with Fireplace
  • Storage
  • Mountain Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • West Salem Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • Level Lot

Community Details

  • Stonegate Court Subdivision

Listing and Financial Details

  • Legal Lot and Block 21 / Bldg. 5

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,726

Year Built

Built in 1984

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Interior Features: Storage
  • Heating System: Forced Air Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Townhouse
  • Has Basement: Slab
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Electric, Refrigerator, Wall Oven
  • Cooling System: Central Cooling
  • Outside Features: Patio
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1416.00
  • ExteriorDoors: Insulated
  • Fireplace Number Fireplaces: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • POACondoDues: 200.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • Residential Type: Attached
  • SubdivisionMap: Stonegate Court
  • Total Above Grd Fin S Q F T: 1416
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1416.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Lot Info

  • Lot Description: Level Lot, Views
  • Property Group Id: 19990816212109142258000000
  • Lot: 21

Rental Info

  • Tenant: Call Listing Agent

Building Info

  • Year Built: 1984

Tax Info

  • Taxes (6 mo): 1726.00

MLS Schools

  • Elementary School: West Salem
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2015
Closed on
Sep 16, 2015
Sold by
Ferguson Joseph W and Ferguson Mary J
Bought by
Mcgowan Joanne
Seller's Agent
Egon Hofmann
BARKER REALTY CO
List Price
$169,500
Sold Price
$159,000
Premium/Discount to List
-$10,500
-6.19%
Current Estimated Value
$265,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,675
Avg. Annual Appreciation
5.17%
Original Mortgage
$238,500
Outstanding Balance
$187,390
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$78,285
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcgowan Joanne $159,000 First Choice Title & Settlem
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgowan Joanne $238,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2015 10/27/15 Sold $159,000 -6.2% $112 / Sq Ft
08/21/2015 08/21/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $169,500 -- $120 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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 $1,318 $223,400 $39,000 $184,400
2024 $1,242 $207,000 $36,000 $171,000
2023 $2,208 $184,000 $33,000 $151,000
2022 $2,040 $170,000 $24,000 $146,000
2021 $1,882 $156,800 $21,000 $135,800
2020 $1,847 $153,900 $21,000 $132,900
2019 $1,825 $152,100 $21,000 $131,100
2018 $1,778 $150,700 $21,000 $129,700
2017 $1,778 $150,700 $21,000 $129,700
2016 $1,778 $150,700 $21,000 $129,700
2015 $1,726 $146,300 $15,500 $130,800
2014 $1,726 $146,300 $15,500 $130,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 811872

Roanoke Valley Association of REALTORS®

APN: 63-2-21