NOT LISTED FOR SALE

101 Front Ave Salem, VA 24153

Salem Area

Estimated Value: $217,000 - $266,000

3 Beds
2 Baths
2,864 Sq Ft
$82/Sq Ft Est. Value

Sale Details

Date Sold: June 17, 2019

Last sale price $80,000 $28 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $1,368 / mo

308 Days on Market

About This Home

As of June 2019

Multifamily ''triplex'' property with great potential. Duplex offers 2 bedrooms per unit (up and down layout) PLUS an additional home on the property for a third rental unit. The second home is one level, ranch style (2 bedroom layout), which would also make a great in-law quarters. Some TLC needed, but could make a nice addition to your rental portfolio. Owner financing available - $10,000 down payment, $1000/month, 6% interest.

Last Agent to Sell the Property

Toney Humphries

RE/MAX ALL POINTS License #0225087285 Listed on: 07/13/2018

RE/MAX ALL POINTS

Last Buyer's Agent

Paul Dotson

WAINWRIGHT & CO., REALTORS(r) License #0225023473

WAINWRIGHT & CO., REALTORS(r)

Range of Values:

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

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ICE

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,228

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 2,864 Sq Ft Home
  • City Views

Schools

  • South Salem Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 1&2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,228

Year Built

Built in 1940

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Heating System: Gas - Natural
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: No Cooling System
  • Views: City
  • Internet Access: Cable
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • SubdivisionMap: Salem DEV Comp
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Street

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.15
  • Lot: 1&2

Building Info

  • Year Built: 1940

Tax Info

  • Taxes (6 mo): 1228.00

Multi Family

  • Tenant Pays: All Utilities
  • Units In Building: 2.00
  • Multi Family Type: Other - See Remarks

MLS Schools

  • Elementary School: South Salem
  • 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 13, 2018
Closed on
Jun 11, 2019
Sold by
Bought by
Seller's Agent
Toney Humphries
RE/MAX ALL POINTS
Buyer's Agent
Paul Dotson
WAINWRIGHT & CO., REALTORS(r)
List Price
$99,950
Sold Price
$80,000
Premium/Discount to List
-$19,950
-19.96%
Current Estimated Value
$234,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,088
Avg. Annual Appreciation
16.25%

Purchase Details

Closed on
Mar 30, 2015
Sold by

Purchase Details

Closed on
Mar 23, 2015
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

  • Debbie Shelton Real Estate Agent - BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Debbie Shelton

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 329-3697

    160 Total Sales

    1 in Salem

    $530,000 Price

    Debbie Shelton
     Section Image
  • Lucinda Scruggs Real Estate Agent - QUALITY REALTY

    Lucinda Scruggs

    QUALITY REALTY

    (540) 401-5951

    125 Total Sales

    1 in Salem

    $244,000 Price

    Lucinda Scruggs
     Section Image
  • Brad Thomas Real Estate Agent - MOUNTAIN VIEW REAL ESTATE LLC

    Brad Thomas

    Responds Quickly

    MOUNTAIN VIEW REAL ESTATE LLC

    (540) 900-1493

    560 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

    227 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
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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
$80,000 Fidelity National Ttl Ins Co
$35,000 None Available
$55,000 First Choice Title & Settlem
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
06/17/2019 06/17/19 Sold $80,000 -20.0% $28 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
07/13/2018 07/13/18 For Sale $99,950 -- $35 / 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 $942 $159,700 $34,300 $125,400
2024 $916 $152,600 $32,700 $119,900
2023 $1,642 $136,800 $30,200 $106,600
2022 $1,489 $124,100 $26,200 $97,900
2021 $1,342 $111,800 $24,900 $86,900
2020 $1,339 $111,600 $24,900 $86,700
2019 $1,260 $105,000 $24,900 $80,100
2018 $1,227 $104,000 $24,900 $79,100
2017 $1,212 $102,700 $24,900 $77,800
2016 $1,107 $93,800 $24,900 $68,900
2015 $920 $78,000 $25,000 $53,000
2014 $920 $78,000 $25,000 $53,000
Source: Public Records

Agents Affiliated with this Home

  • Toney Humphries Real Estate Agent - RE/MAX

    Seller's Agent in 2019

    Toney Humphries

    RE/MAX

    (540) 798-8296

    58 Total Sales

    Toney Humphries
    Section Image
  • Paul Dotson Real Estate Agent - WAINWRIGHT & CO., REALTORS(r)

    Buyer's Agent in 2019

    Paul Dotson

    WAINWRIGHT & CO., REALTORS(r)

    (540) 580-1970

    22 Total Sales

    Paul Dotson
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 850453

Roanoke Valley Association of REALTORS®

APN: 234-1-7

Virginia Salem City County Salem 24153

101 Front Ave, 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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