Check Availability

1220 Stoutamire Drive

1220 Stoutamire Drive, Salem, VA 24153
Property in Salem
Sold Apr 20, 2017
$78,000
$78,000 by Branch Banking And Trust Co
Mortgage Due May 01, 2032
1220 Stoutamire Drive has been categorized by the local assessors in Salem, VA as a residential type of property. The building on the property was first built in 1971 and is 53 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1220 Stoutamire Drive has 1,000 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 10,498 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with oil. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1220 Stoutamire Drive sold most recently in Apr 13, 2017 for a total of $78,000. If you work out the math, that's approximately a cost of $78.00 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,610 in taxes each year. 1220 Stoutamire Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $134,200. If we break it down further, the land itself was valued at $35,100. Improvements to the property, however, were assessed at a total of $99,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unfinished basement
  • Basement Area: 1,000
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,498
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,000
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: 109
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT D WELL LT & 10 FT STRIP GOODWIN-ANDREWS INC SUBD

Ownership

  • Current Owner : MANNING RICHARD M
  • Previous Owner : MANNING RICHARD M
  • Previous Owner 2: SAKIEY DONNA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salem City Public Schools
  • Census Tract: 010100

Zoning

  • Zoning: RSF

Geography

  • Assessors Map Reference: MAP 50
  • Parcel: Aug 04, 2050
  • Municipality: SALEM CITY
  • Latitude: 37.3055
  • Longitude: -80.0371

    Address

  • Full Address: 1220 Stoutamire Dr
  • Address - House Number: 1220
  • Address - Street Name: Stoutamire
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Salem
  • Carrier Code: C008
  • 4-Digit Zip Code: 4006
  • Zip Code: 24153

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,610

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 75
  • Final Value: 194,321
  • High Value: 231,017
  • Low Value: 157,625

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $156,000
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: Apr 20, 2017
  • First Open Lien Mortgage Loan Amount: $78,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2032
  • Second Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Second Open Lien Mortgage Recording Date: May 16, 2017
  • Second Open Lien Mortgage Loan Amount: $78,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2032

    Market Valuation

  • Market Total Value: $134,200
  • Market Land Value: $35,100
  • Market Improvement Value: $99,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,200
  • Assessed Land Value: $35,100
  • Assessed Improvements Value: $99,100

    Sales

  • Current Sale Contract Date: Apr 13, 2017
  • Current Sale Recording Date: Apr 20, 2017
  • Current Sale Transaction ID: 1811423530
  • Current Sale Price: $78,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 170001058

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Apr 20, 2017
  • First Mortgage Loan Amount: $78,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2032

About Salem



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1220 Stoutamire Drive located in?
The 1220 Stoutamire Drive is a located in the neighborhood of Salem in Salem, Salem.
What is the average sales price for listings in 1220 Stoutamire Drive?
The average sales price for units in 1220 Stoutamire Drive is $0 currently.

Quantcast