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Sold for $950,000
    • $950,000

    1200 Terrace Dr, Salem, VA 24153

    5beds
    5,503sqft
    Single Family Residence
    Built in 2000
    3.19 Acres Lot
    $989,400 Zestimate®
    $173/sqft
    $4,484 Estimated rent

    Home value

    $989,400

    $940,000 - $1.05M

    $4,484/mo

    Zestimate® history
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    What's special

    Wet barExercise roomQuality finishesStone fireplaceCozy stone fireplaceOpen floor planLarge formal dining room
    Situated on over three acres, this home exemplifies the essence of luxury nestled in privacy w/ scenic breathtaking views. The open floor plan is flooded w/ natural light & is highlighted by quality finishes & amenities throughout such as a master suite on main level, formal living w/ a beautiful accent stone fireplace, large formal dining room, gourmet kitchen w/ a cozy stone fireplace, granite countertops & stainless-steel appliances, wet bar, & a bonus entertainment room leading to the perfect outdoor entertaining ambience w/ a stone fireplace & two private trails. On the second level you will find a master suite along w/ two additional rooms & a full bath. Lower level includes a bonus oversized theater room, full bath, office, & exercise room. This rare gem is a true sight to be seen!

    Zillow last checked:

    Listing updated:

    Listed by:

    ALYSHIA MERCHANT 540-815-1602,

    NEST REALTY ROANOKE

    Bought with:

    DAVID SPANGLER, 0225250577

    KELLER WILLIAMS REALTY ROANOKE

    Source: RVAR,MLS#: 904267MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • Forced Air Electric, Propane
    Cooling
    • Central Air
    Appliances
    • Included: Wall Oven
    Features
    • Ceiling Fan(s), Walk-In Closet(s), Wet Bar, Theater Room
    • Flooring: Carpet, Tile, Vinyl, Wood
    • Doors: French Doors
    • Windows: Clad, Insulated Windows, Tilt-In
    • Basement: Full,Walk-Out Access
    • Number of fireplaces: 3
    • Fireplace features: Kitchen, Living Room, Other, Gas Log, Masonry, Wood Burning Stove
    Interior area
    • Total structure area: 5,503
    • Total interior livable area: 5,503 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved Driveway, Garage Door Opener
    • Has garage: Yes
    • Covered spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Covered Porch, Patio
    • Exterior features: Outdoor Grill, Formal Garden, Other
    • Has view: Yes
    • View description: Mountain(s), Sunrise, Sunset
    Lot
    • Size: 3.19 Acres
    • Dimensions: 138,956 SQFT
    • Features: Gentle Sloping, Secluded, Cul-De-Sac
    Details
    • Parcel number: 055.000106.020000
    • Other equipment: Satellite Dish

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Brick, Wood Siding
    Condition
    • Year built: 2000

    Utilities & green energy

    • Sewer: Private Septic
    • Water: Private Well

    Community & HOA

    Community
    • Features: Trail Access
    • Subdivision: Green Hill
    HOA
    • Has HOA: No
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $173/sqft
    • Tax assessed value: $824,800
    • Annual tax amount: $6,986
    • Date on market: 1/11/2024
    • Cumulative days on market: 89 days

    Price history

    DateEventPrice
    5/9/2024Sold$950,000-9.1%$173/sqft
    Source: RVAR #904267 Report a problem
    4/8/2024Pending sale$1,045,000$190/sqft
    Source: RVAR #904267 Report a problem
    2/23/2024Price change$1,045,000-6.7%$190/sqft
    Source: RVAR #904267 Report a problem
    1/11/2024Listed for sale$1,120,000+86.7%$204/sqft
    Source: RVAR #904267 Report a problem
    3/17/2021Sold$600,000+0%$109/sqft
    Source: RVAR #876312 Report a problem
    1/19/2021Pending sale$599,950$109/sqft
    Source: RVAR #876312 Report a problem
    1/15/2021Listed for sale$599,950+9.7%$109/sqft
    Source: RVAR #876312 Report a problem
    11/29/2018Listing removed$547,000$99/sqft
    Source: Long & Foster-Roanoke/South #0846504 Report a problem
    11/20/2018Pending sale$547,000$99/sqft
    Source: LONG & FOSTER - ROANOKE OFFICE #846504 Report a problem
    11/20/2018Listed for sale$547,000+4.3%$99/sqft
    Source: LONG & FOSTER - ROANOKE OFFICE #846504 Report a problem
    11/9/2018Sold$524,500-4.1%$95/sqft
    Source: RVAR #846504 Report a problem
    6/5/2018Price change$547,000-2.1%$99/sqft
    Source: Long & Foster-Roanoke/South #0846504 Report a problem
    5/9/2018Price change$559,000-3.1%$102/sqft
    Source: Long and Foster Real Estate #0846504 Report a problem
    4/27/2018Price change$577,000-1.7%$105/sqft
    Source: Long and Foster Real Estate #0846504 Report a problem
    4/18/2018Price change$587,000-1.7%$107/sqft
    Source: Long and Foster Real Estate #0846504 Report a problem
    3/29/2018Listed for sale$597,000+18.2%$108/sqft
    Source: LONG & FOSTER - DOWNTOWN ROANOKE #846504 Report a problem
    12/5/2014Sold$505,200-11.2%$92/sqft
    Source: Public Record Report a problem
    9/10/2013Listing removed$569,000$103/sqft
    Source: MKB, REALTORS - MAIN #793784 Report a problem
    8/28/2013Listed for sale$569,000+4.4%$103/sqft
    Source: MKB, REALTORS - MAIN #793784 Report a problem
    4/23/2013Listing removed$545,000$99/sqft
    Source: Vflyer Homes Report a problem
    3/22/2013Listed for sale$545,000-6%$99/sqft
    Source: Vflyer Homes Report a problem
    7/14/2012Listing removed$579,950$105/sqft
    Source: RE/MAX ALL STARS #777769 Report a problem
    1/15/2012Listed for sale$579,950-3.3%$105/sqft
    Source: RE/MAX ALL STARS #777769 Report a problem
    10/3/2011Listing removed$599,950$109/sqft
    Source: RE/MAX ALL STARS #771028 Report a problem
    5/20/2011Listed for sale$599,950-7.6%$109/sqft
    Source: RE/MAX ALL STARS #771028 Report a problem
    6/25/2010Listing removed$649,000$118/sqft
    Source: RealEstateShows.com #746038 Report a problem
    6/26/2009Listed for sale$649,000-3%$118/sqft
    Source: RealEstateShows.com #746038 Report a problem
    4/8/2009Listing removed$669,000$122/sqft
    Source: NCI Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,495 +22.8%$824,800 +24%
    2024$6,916 -1%$665,000 +0.9%
    2023$6,986 +15.3%$659,100 +18.5%
    2022$6,060 +5.9%$556,000 +5.9%
    2021$5,723 +3.8%$525,000 +3.8%
    2020$5,514 -1.3%$505,900 -1.3%
    2019$5,585 +9.1%$512,400 +9.1%
    2018$5,120 $469,700 +1.3%
    2017$5,120 +1.4%$463,700 +0.1%
    2016$5,049 $463,200 +3.1%
    2015$5,049 +3.4%$449,300 +0.3%
    2014$4,881 +6.2%$447,800 +6.2%
    2012$4,595 +0.2%$421,600 +0.2%
    2011$4,586 +0.2%$420,700 +0.2%
    2010$4,578 +0.4%$420,000 +0.4%
    2009$4,561 -2.9%$418,400 -2.9%
    2008$4,696 +6.9%$430,800
    2007$4,394 +3%--
    2006$4,265 +4.9%--
    2005$4,066 +3.7%--
    2004$3,920 +4.1%--
    2003$3,764 +1.4%--
    2002$3,711 +4.4%--
    2001$3,555 --
    Find assessor info on the county website

    Neighborhood: 24153

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Glenvar
    • Middle: Glenvar
    • High: Glenvar

    Source: RVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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