NOT LISTED FOR SALE

1885 Patrick Ln Salem, VA 24153

Estimated Value: $576,000 - $612,077

3 Beds
2 Baths
2,200 Sq Ft
$268/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $505,000 $230 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,732/month

9 Days on Market

Highlights

  • Mountain View
  • Secluded Lot
  • Ranch Style House
  • Fort Lewis Elementary School Rated A-
  • Great Room with Fireplace
  • <<bathWithWhirlpoolToken>>

About This Home

As of December 2022

Well built brick and stone ranch home with full walk out basement. Home has double garage up and double garage/workshop in the basement. Gorgeous hardwood floors and granite counters, gas fireplace in Great Room, tray ceilings in dining room, great room, and master bedroom. Huge master bath with walk in shower and jetted tub and his & hers walk in closets. Central vac system. Separate approx. 24'x46' building with concrete floor perfect for storage or shop. Whole house generator. Basement has 10' ceilings, plumed for a full bath, and is partitioned and ready to be finished. Very private 1.7 acre lot. This is an exceptional opportunity to own a home of this quality and privacy just minutes from downtown Salem.

Last Agent to Sell the Property

Hamp Maxwell

BARKER REALTY CO License #0225021466 Listed on: 11/09/2022

Last Buyer's Agent

Neil Conner

THE GOOD SIGN REAL ESTATE CO. License #0225038090

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,397

Year Built

  • Built in 2007

Lot Details

  • 1.76 Acre Lot
  • Secluded Lot
  • Gentle Sloping Lot
  • Garden

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • Central Vacuum
  • Bookcases
  • Gas Log Fireplace
  • Drapes & Rods
  • Great Room with Fireplace
  • Mountain Views
  • Laundry on main level

Kitchen

  • <<builtInOvenToken>>
  • Cooktop<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • <<bathWithWhirlpoolToken>>

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 7 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Schools

  • Fort Lewis Elementary School
  • Glenvar Middle School
  • Glenvar High School

Utilities

  • Heat Pump System
  • Power Generator
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,397

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Book Shelves, Gas Log Fireplace, Walk-in-Closet, Whirlpool Bath
  • Heating System: Heat Pump Electric
  • Fireplace(s): Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Central Vacuum, Cook Top, Dishwasher, Disposer, Garage Door Opener, Generator, Range Hood, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Garden Space
  • Views: Mountain
  • AddlCoveredPrkng: Garage Detached
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 2200.00
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 2200
  • Internet Access: DSL
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberAddCovSpaces: 4.00
  • NumberPrimCovSpaces: 3.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2022-11-18
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • SubdivisionMap: Resubd J&M Tingle
  • Total Above Grd Fin S Q F T: 2200
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 7.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2200.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Side Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Schools

  • Elementary School: Fort Lewis
  • Middle School: Glenvar
  • High School: Glenvar

Lot Info

  • Lot Description: Gentle Slope, Secluded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.76
  • Lot: 3

Building Info

  • Year Built: 2007

Tax Info

  • Taxes (6 mo): 4397.00
  • FILLTAXID: 035-03-02-56.00-0000

MLS Schools

  • Elementary School: Fort Lewis
  • HighSchool: Glenvar
  • Middle School: Glenvar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Dec 16, 2022
Sold by
Palleria William B and Palleria Catherine J
Bought by
William B Palleria Sr And Catherine J Palleri
Seller's Agent
Hamp Maxwell
BARKER REALTY CO
Buyer's Agent
Neil Conner
THE GOOD SIGN REAL ESTATE CO.
List Price
$550,000
Sold Price
$505,000
Premium/Discount to List
-$45,000
-8.18%
Current Estimated Value
$589,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,019
Avg. Annual Appreciation
5.09%

Purchase Details

Listed on
Nov 9, 2022
Closed on
Dec 15, 2022
Sold by
Hedge Betty B
Bought by
Palleria William B and Palleria Catherine J
Seller's Agent
Hamp Maxwell
BARKER REALTY CO
Buyer's Agent
Neil Conner
THE GOOD SIGN REAL ESTATE CO.
List Price
$550,000
Sold Price
$505,000
Premium/Discount to List
-$45,000
-8.18%
Source: Public Records

Range of Values:

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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
William B Palleria Sr And Catherine J Palleri -- Century Title Services
Palleria William B $505,000 Century Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hedge Roy E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2022 12/20/22 Sold $505,000 -8.2% $230 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $550,000 -- $250 / 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
2024 $5,641 $542,400 $49,800 $492,600
2023 $5,145 $485,400 $39,800 $445,600
2022 $4,397 $403,400 $39,800 $363,600
2021 $4,275 $392,200 $39,800 $352,400
2020 $4,091 $375,300 $44,500 $330,800
2019 $3,883 $356,200 $43,100 $313,100
2018 $3,774 $348,900 $43,100 $305,800
2017 $3,774 $346,200 $43,100 $303,100
2016 $3,769 $345,800 $43,100 $302,700
2015 $3,765 $345,400 $43,100 $302,300
2014 $3,747 $343,800 $42,000 $301,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 894280

Roanoke Valley Association of REALTORS®

APN: 035-03-02-56