1502 Kinloch Lane

1502 Kinloch Lane in Salem, VA was first built in 2016 and is 8 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1502 Kinloch Lane has 2,466 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 11,761 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of shingle (not wood). For those who need parking, there is a garage. The garage is 484 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of a combination of material. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1502 Kinloch Lane was last sold in Oct 7, 2020 for $374,950. According to our calculations, that's $152.05 per sqft. Prior to that sales transaction, the property was sold for $334,950 in Oct 17, 2017. Current property owners are expected to pay $4,046 in taxes per year. The property on 1502 Kinloch Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $381,700. To break that down further, the land itself was valued at $69,000. While improvements to the property were assessed at a total of $312,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.