NOT LISTED FOR SALE

115 Elm St Salem, VA 24153

Estimated Value: $204,000 - $230,667

3 Beds
1.5 Baths
1,880 Sq Ft
$117/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $142,000 $76 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,250/month

Highlights

  • No HOA
  • Covered Patio or Porch
  • Ceiling Fan
  • Salem High School Rated A-
  • Shed
  • 5-minute walk to Lake Spring Park

About This Home

As of October 2021

Spacious & affordable in the heart of Salem! Updated electrical, oversized and level lot, covered front porch and side patio are just some of the wonderful features this 2 story ''farmhouse style'' home offers. This home is also conveniently located to shops and restaurants, has off street parking, a large storage shed, and an eat-in kitchen.

Last Agent to Sell the Property

Krysandra Rubiano

DIVINE FOG REALTY COMPANY LLC- ROANOKE License #0225242926 Listed on: 05/03/2021

Last Buyer's Agent

Krysandra Rubiano

DIVINE FOG REALTY COMPANY LLC- ROANOKE License #0225242926 Listed on: 05/03/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,330

Year Built

  • Built in 1902

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Interior Spaces

  • 1,880 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Built-In Oven
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14 & PT 15

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,330

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Baseboard Electric
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Range Electric, Refrigerator, Wall Oven
  • Cooling System: Window A/C
  • Outside Features: Covered Porch, Patio, Paved Driveway, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBRUpperLevel: 3
  • EntryAboveGrdFin Sq Ft: 940.00
  • ExteriorDoors: Wood
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 2012
  • HalfBathsHalfBathsUpperLvl: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2021-09-02
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1880
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1880.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 132.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Entry Above Grd Unfin S Q F T: 132.00
  • UpperAboveGrdFin Sq Ft: 940.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Paved Road

Schools

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

Lot Info

  • Lot Description: Cleared, Level Lot
  • Lot Dimensions: 8,799 sq.ft
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.20
  • Lot: 14 & PT 15

Building Info

  • Year Built: 1902

Tax Info

  • Taxes (6 mo): 1330.00
  • FILLTAXID: 143-3-26

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Sep 28, 2021
Sold by
Cotton Rebekah
Bought by
Centerfield Ventures Llc
Seller's Agent
Krysandra Rubiano
DIVINE FOG REALTY COMPANY LLC- ROANOKE
Buyer's Agent
Krysandra Rubiano
DIVINE FOG REALTY COMPANY LLC- ROANOKE
List Price
$154,950
Sold Price
$142,000
Premium/Discount to List
-$12,950
-8.36%
Current Estimated Value
$220,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,167
Avg. Annual Appreciation
12.55%
Original Mortgage
$120,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 2, 2018
Closed on
Jul 11, 2018
Sold by
Johnson Paulious L and Johnson Kathryn A
Bought by
Cotton Rebekah
Seller's Agent
Brian & Rachelle Smith
RE/MAX ALL POINTS
Buyer's Agent
Jason Varney
MKB, REALTORS(r)
List Price
$129,950
Sold Price
$122,000
Premium/Discount to List
-$7,950
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$117,928
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Centerfield Ventures Llc $142,000 Accommodation
Cotton Rebekah $122,000 First Choice Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Centerfield Ventures Llc $120,000
Previous Owner Cotton Rebekah $117,928
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $142,000 -8.4% $76 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $154,950 +27.0% $82 / Sq Ft
07/18/2018 07/18/18 Sold $122,000 -6.1% $65 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $129,950 -- $69 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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 $990 $167,800 $39,900 $127,900
2024 $902 $150,300 $38,800 $111,500
2023 $1,667 $138,900 $36,000 $102,900
2022 $1,495 $124,600 $29,900 $94,700
2021 $1,402 $116,800 $28,300 $88,500
2020 $1,373 $114,400 $28,300 $86,100
2019 $1,373 $114,400 $28,300 $86,100
2018 $1,330 $112,700 $28,300 $84,400
2017 $1,316 $111,500 $28,300 $83,200
2016 $1,201 $111,500 $28,300 $83,200
2015 $1,201 $101,800 $26,500 $75,300
2014 $1,201 $101,800 $26,500 $75,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 879440

Roanoke Valley Association of REALTORS®

APN: 143-3-26