NOT LISTED FOR SALE

10 School Ln Salem, VA 24153

Salem Area

Estimated Value: $35,174 - $231,000

3 Beds
1 Bath
1,244 Sq Ft
$87/Sq Ft Est. Value

Sale Details

Date Sold: July 16, 2021

Last sale price $25,500 $20 Per Sq Ft

Est. 326% increase in value since last sale

Current estimated payment $617 / mo

3 Days on Market

Highlights

  • City View
  • Cottage
  • Forced Air Heating System
  • No HOA
  • Front Porch
  • Level Lot

About This Home

As of July 2021

Cottage on a Level 0.22 Acre Lot. The property is Sold in AS IS Condition. Be Careful when entering the house. Unsafe flooring. This Level Lot would be a perfect building site for your future home. Convenient Salem Location. Priced $20,200 Below the Tax Assessed Value.

Last Agent to Sell the Property

Egon Hofmann

BARKER REALTY CO License #0225170977 Listed on: 07/06/2020

Last Buyer's Agent

Egon Hofmann

BARKER REALTY CO License #0225170977 Listed on: 07/06/2020

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 145 x 66.45
  • Level Lot

Home Design

  • Cottage

Interior Spaces

  • 1,244 Sq Ft Home
  • City Views
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Schools

  • G. W. Carver Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Heating System: Forced Air Oil
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Cooling System: No Cooling System
  • Views: City
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1244.00
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Cottage
  • SubagentAuthorized: No
  • SubdivisionMap: Pt Lt School Alley
  • Total Above Grd Fin S Q F T: 1244
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1244.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 145 X 66.45
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.22

Building Info

  • Year Built: 1945

Tax Info

  • Taxes (6 mo): 710.00

MLS Schools

  • Elementary School: G. W. Carver
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Jul 14, 2021
Sold by
Bought by
Seller's Agent
Egon Hofmann
BARKER REALTY CO
Buyer's Agent
Egon Hofmann
BARKER REALTY CO
List Price
$40,000
Sold Price
$25,500
Premium/Discount to List
-$14,500
-36.25%
Current Estimated Value
$108,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,044
Avg. Annual Appreciation
33.22%

Purchase Details

Closed on
Mar 16, 2017
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Salem, VA

  • Brad Thomas Real Estate Agent - MOUNTAIN VIEW REAL ESTATE LLC

    Brad Thomas

    Responds Quickly

    MOUNTAIN VIEW REAL ESTATE LLC

    (540) 900-1493

    558 Total Sales

    26 in Salem

    $28K - $750K Price Range

    Brad Thomas
     Section Image
  • Mary Wright Real Estate Agent - Keller Williams New River Valley

    Mary Wright

    Responds Quickly

    Keller Williams New River Valley

    (540) 698-5524

    73 Total Sales

    2 in Salem

    $370,000 Price Range

    Mary Wright
     Section Image
  • Joe Racek Real Estate Agent - Sycamore Realtors

    Joe Racek

    Sycamore Realtors

    (540) 299-2761

    225 Total Sales

    2 in Salem

    $245K - $255K Price Range

    Joe Racek
     Section Image
  • Thomas Fellers Real Estate Agent - MKB, Roanoke

    Thomas Fellers

    MKB, Roanoke

    (540) 427-7269

    221 Total Sales

    14 in Salem

    $195K - $700K Price Range

    Thomas Fellers
     Section Image
  • Dayna Patrick Real Estate Agent - RE/MAX All Stars

    Dayna Patrick

    Responds Quickly

    RE/MAX All Stars

    (540) 384-4566

    226 Total Sales

    6 in Salem

    $219K - $675K Price Range

    Dayna Patrick
     Section Image
  • Rick Payne Real Estate Agent - MKB, Roanoke

    Rick Payne

    MKB, Roanoke

    (540) 501-7697

    87 Total Sales

    5 in Salem

    $230K - $336K Price Range

    Rick Payne
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$25,500 Accommodation
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $25,500 -36.3% $20 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $40,000 -- $32 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $237 $40,100 $40,100 $0
2024 $234 $39,000 $39,000 $0
2023 $434 $36,200 $36,200 $0
2022 $798 $66,500 $31,800 $34,700
2021 $740 $61,700 $29,300 $32,400
2020 $722 $60,200 $29,300 $30,900
2019 $701 $58,400 $29,300 $29,100
2018 $687 $58,200 $29,300 $28,900
2017 $682 $57,800 $29,300 $28,500
2016 $682 $57,800 $29,300 $28,500
2015 $624 $52,900 $24,000 $28,900
2014 $624 $52,900 $24,000 $28,900
Source: Public Records

Agents Affiliated with this Home

  • Egon Hofmann Real Estate Agent - BARKER REALTY CO

    Seller's Agent in 2021

    Egon Hofmann

    BARKER REALTY CO

    (540) 314-1627

    134 Total Sales

    Egon Hofmann
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 871011

Roanoke Valley Association of REALTORS®

APN: 145-12-2

Virginia Salem City County Salem 24153

10 School Ln, Salem, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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