NOT LISTED FOR SALE

113 Academy St Salem, VA 24153

Estimated Value: $196,000 - $208,495

1 Bed
1 Bath
974 Sq Ft
1.26 Acre Lot

Sale Details

Date Sold: January 31, 2024

Last sale price $176,000 $181 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,383 / mo

3 Days on Market

About This Home

As of January 2024

HONEY STOP THE SEARCH! Remodeled condo located in the historic Academy Court and all within walking distance of everything that downtown Salem as to offer, including Roanoke College. Completely remodeled from the beautifully updated kitchen, which includes granite countertops, stainless Steel appliances, soft close cabinets, custom-built bar, updated bathroom to include a tub, and freshly painted throughout. Get your clients in this one... they are going to fall in LOVE!

Last Agent to Sell the Property

MONICA W SPEER

MKB, REALTORS(r) License #0225066015 Listed on: 01/12/2024

Co-Listed By

Rita Trinkle

MKB, REALTORS(r) License #0225058326

Last Buyer's Agent

Christine Sands

MKB, REALTORS(r) - SALEM License #0225253066

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,472

Year Built

  • Built in 1895

Lot Details

  • 1.26

HOA Fees

  • $222 Monthly HOA Fees

Home Design

  • 974 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation

Kitchen

  • Electric Range
  • Built-In Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • Assigned Parking

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Academy Association
  • Academy Court Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,472

Year Built

Built in 1895

Lot Details

1.26 Acres

HOA Fees

$222 per month

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Condominium
  • Has Basement: Slab
  • Major Appliances: Clothes Dryer, Clothes Washer, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • CondoAssocYN: Yes
  • EntryAboveGrdFin Sq Ft: 974.00
  • ExteriorDoors: Fiberglass
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: XFinity
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Phone Email: ellenagee@hotmail.com
  • P O A Condo Contact Name: Academy
  • POACondoDues: 222.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • Residential Type: Attached
  • Total Above Grd Fin S Q F T: 974
  • TotalBdrm: 1
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 974.00
  • UncoveredNumberSpaces: 1.00
  • Uncovered Parking: Designated Spaces
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

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

Association/Amenities

  • Misc Features: Cable TV

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • ZoningCode: RMF

Building Info

  • Year Built: 1895

Tax Info

  • Taxes (6 mo): 1472.40

MLS Schools

  • Elementary School: West 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
Jan 12, 2024
Closed on
Jan 31, 2024
Sold by
Bought by
Seller's Agent
MONICA W SPEER
MKB, REALTORS(r)
Buyer's Agent
Christine Sands
MKB, REALTORS(r) - SALEM
List Price
$175,000
Sold Price
$176,000
Premium/Discount to List
$1,000
0.57%
Views
18
Current Estimated Value
$200,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,374
Avg. Annual Appreciation
5.58%
Original Mortgage
$167,200
Outstanding Balance
$163,415
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$36,959

Purchase Details

Listed on
Jan 23, 2020
Closed on
Jun 30, 2020
Sold by
Bought by
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.74%
Original Mortgage
$92,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2018
Closed on
Feb 21, 2019
Sold by
Bought by
Seller's Agent
Julie Arthur
MKB, REALTORS(r)
List Price
$112,950
Sold Price
$109,950
Premium/Discount to List
-$3,000
-2.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%
Original Mortgage
$82,462
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2014
Closed on
Apr 3, 2014
Sold by
Bought by
Seller's Agent
Rob Robinson
RE/MAX REAL ESTATE ONE
Buyer's Agent
Chasity Marie Labiosa
MKB, REALTORS(r) - NEW CASTLE
List Price
$104,900
Sold Price
$104,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.96%
Original Mortgage
$83,920
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$176,000 Acquisition Title
$115,000 Fidelity National Ttl Ins Co
$109,950 First Choice Title & Settlem
$104,900 Performance Title
$101,600 None Available
$90,000 None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $167,200
Previous Owner $92,000
Previous Owner $82,462
Previous Owner $83,920
Previous Owner $101,600
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 Prior Sale
01/31/2024 01/31/24 Sold $176,000 +0.6% $181 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $175,000 +52.2% $180 / Sq Ft
07/14/2020 07/14/20 Sold $115,000 -11.5% $118 / Sq Ft View Prior Sale
06/02/2020 06/02/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $129,900 +18.1% $133 / Sq Ft
03/01/2019 03/01/19 Sold $109,950 -2.7% $113 / Sq Ft View Prior Sale
01/10/2019 01/10/19 Pending -- -- --
09/24/2018 09/24/18 For Sale $112,950 +7.7% $116 / Sq Ft
04/03/2014 04/03/14 Sold $104,900 0.0% $108 / Sq Ft View Prior Sale
02/03/2014 02/03/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $104,900 -- $108 / 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 $944 $160,000 $30,000 $130,000
2024 $886 $147,700 $25,000 $122,700
2023 $1,472 $122,700 $0 $122,700
2022 $1,396 $116,300 $0 $116,300
2021 $1,320 $110,000 $0 $110,000
2020 $1,255 $104,600 $0 $104,600
2019 $1,195 $99,600 $0 $99,600
2018 $1,152 $97,600 $0 $97,600
2017 $1,152 $97,600 $0 $97,600
2016 $1,095 $92,800 $0 $92,800
2015 $1,075 $91,100 $15,100 $76,000
2014 $1,075 $91,100 $15,100 $76,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    MONICA W SPEER

    MKB, REALTORS(r)

    (540) 989-4555

    36 Total Sales

    MONICA W SPEER
    Section Image
  • Rita Trinkle

    Seller Co-Listing Agent in 2024

    Rita Trinkle

    MKB, REALTORS(r)

    (540) 330-6343

    37 Total Sales

    Rita Trinkle
    Section Image
  • Christine Sands

    Buyer's Agent in 2024

    Christine Sands

    MKB, REALTORS(r) - SALEM

    (240) 252-8427

    23 Total Sales

    Christine Sands
    Section Image
  • Julie Arthur

    Seller's Agent in 2019

    Julie Arthur

    MKB, REALTORS(r)

    (540) 293-1503

    51 Total Sales

    Julie Arthur
    Section Image
  • Rob Robinson

    Seller's Agent in 2014

    Rob Robinson

    RE/MAX

    (540) 520-3198

    66 Total Sales

    Rob Robinson
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 904307

Roanoke Valley Association of REALTORS®

APN: 105-6-2-113

Virginia Salem City County Salem 24153

113 Academy St, Salem, VA

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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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