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Sold for $252,500
  • $252,500

    1220 Terrace Dr, Salem, VA 24153

    3beds
    1,156sqft
    Single Family Residence
    Built in 1950
    0.8 Acres Lot
    $281,600 Zestimate®
    $218/sqft
    $1,913 Estimated rent

    Home value

    $281,600

    $268,000 - $296,000

    $1,913/mo

    Zestimate® history
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    $1,553/mo

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    What's special

    Experience the best of both worlds! Welcome home to the ever-peaceful Green Hill Terrace where expansive mountain views & rural living seamlessly blend into the modern amenities & historic charm of nearby downtown Salem! This meticulously maintained, updated, 3/2 ranch home sits on a nearly 1 acre park-like parcel w/great sun exposure. Move-in-ready or room to expand for your vision.Remodel includes new HVAC, plumbing and electrical upgrades. Estate homes fill the neighborhood directly adjacent to Green Hill Park & Equestrian Center, boasting miles of trails, picnic shelters, playground, stocked trout fishing & swimming on the Roanoke River, all w/in the highly sought after Glenvar school district!

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Mcnamara 727-776-1957,

    MKB, REALTORS(r)

    Bought with:

    DAVID KEETER, 0225263803

    KELLER WILLIAMS REALTY ROANOKE

    Source: RVAR,MLS#: 904244MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Ductless, Forced Air
    Cooling
    • Ductless, Heat Pump Electric
    Appliances
    • Included: Dryer, Washer, Dishwasher, Microwave, Electric Range, Refrigerator
    Features
    • Storage
    • Flooring: Ceramic Tile, Wood
    • Doors: Wood
    • Windows: Screens, Storm Window(s)
    • Has basement: Yes
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Masonry
    Interior area
    • Total structure area: 1,988
    • Total interior livable area: 1,156 sqft
    • Finished area above ground: 1,156

    Property

    Parking
    • Parking features: Garage Under, Off Street
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Front Porch, Rear Porch
    • Exterior features: Maint-Free Exterior
    • Has view: Yes
    • View description: Sunset
    Lot
    • Size: 0.8 Acres
    • Features: Cleared, Varied
    Details
    • Parcel number: 055.040302.000000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick, Wood
    Condition
    • Completed
    • Year built: 1950

    Utilities & green energy

    • Electric: 1 Phase
    • Water: Well
    • Utilities for property: Cable, DSL

    Community & HOA

    Community
    • Subdivision: Green Hill Terrace
    HOA
    • Has HOA: No
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $218/sqft
    • Tax assessed value: $200,000
    • Annual tax amount: $1,590
    • Date on market: 1/10/2024
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/29/2024Sold$252,500-4.7%$218/sqft
    Source: RVAR #904244 Report a problem
    2/5/2024Pending sale$265,000$229/sqft
    Source: RVAR #904244 Report a problem
    1/10/2024Listed for sale$265,000+68.8%$229/sqft
    Source: RVAR #904244 Report a problem
    3/12/2021Sold$157,000+4.7%$136/sqft
    Source: RVAR #876267 Report a problem
    1/16/2021Pending sale$150,000$130/sqft
    Source: RVAR #876267 Report a problem
    1/13/2021Listed for sale$150,000$130/sqft
    Source: RVAR #876267 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,060 +25%$200,000 +26.2%
    2024$1,648 +3.6%$158,500 +5.6%
    2023$1,591 +3.3%$150,100 +6.2%
    2022$1,540 +3.1%$141,300 +3.1%
    2021$1,493 +1.2%$137,000 +1.2%
    2020$1,476 +2.3%$135,400 +2.3%
    2019$1,443 +0.3%$132,400 +0.3%
    2018$1,439 +3.3%$132,000 +3.3%
    2017$1,393 +0.8%$127,800 +0.8%
    2016$1,382 $126,800 +0.9%
    2015$1,382 +1.7%$125,700 +0.8%
    2014$1,359 -3.3%$124,700 -3.3%
    2012$1,406 -0.1%$129,000 -0.1%
    2011$1,407 +4%$129,100 +4%
    2010$1,353 +0.8%$124,100 +0.8%
    2009$1,342 +7.1%$123,100 +7.1%
    2008$1,252 +6.8%$114,900
    2007$1,173 +7.4%--
    2006$1,092 +7.6%--
    2005$1,015 +4.7%--
    2004$969 --
    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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    $281,600
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    With Zillow Showcase(estimated)
    $287,232