NOT LISTED FOR SALE

115 Elm St Salem, VA 24153

Salem Area

Estimated Value: $199,000 - $265,000

3 Beds
1.5 Baths
1,880 Sq Ft
$122/Sq Ft Est. Value

Sale Details

Date Sold: October 5, 2021

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

Est. 62% increase in value since last sale

Current estimated payment $1,345 / mo

122 Days on Market

Highlights

  • No HOA
  • Patio
  • Level Lot
  • Front Porch
  • Baseboard Heating
  • 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

VARNEY REALTY PARTNERS License #0225242926 Listed on: 05/03/2021

Last Buyer's Agent

Krysandra Rubiano

VARNEY REALTY PARTNERS License #0225242926 Listed on: 05/03/2021

Range of Values:

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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 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
  • 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

  • Patio
  • Front Porch

Schools

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

Utilities

  • 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

8,712 Sq Ft Lot

Listing Details

  • Interior Features: Ceiling Fan(s)
  • Heating System: Baseboard Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Range Electric, Refrigerator, Wall Oven
  • Cooling System: Window Unit(s)
  • Outside Features: Patio, Paved Driveway, Shed(s)
  • AddlCoveredPrkng: Not Applicable
  • EntryAboveGrdFin Sq Ft: 940.00
  • ExteriorDoors: Wood
  • HalfBathsHalfBathsUpperLvl: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 2 Story
  • 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: Covered Porch, Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Paved Road

Lot Info

  • Lot Description: Cleared, Level
  • 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

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
May 3, 2021
Closed on
Sep 28, 2021
Sold by
Bought by
Seller's Agent
Krysandra Rubiano
VARNEY REALTY PARTNERS
Buyer's Agent
Krysandra Rubiano
VARNEY REALTY PARTNERS
List Price
$154,950
Sold Price
$142,000
Premium/Discount to List
-$12,950
-8.36%
Current Estimated Value
$229,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,740
Avg. Annual Appreciation
10.41%
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
Bought by
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Salem, VA

  • 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
  • Dayna Patrick Real Estate Agent - RE/MAX All Stars

    Dayna Patrick

    Responds Quickly

    RE/MAX All Stars

    (540) 384-4566

    225 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
  • Dena Balzano Real Estate Agent - LICHTENSTEIN ROWAN, REALTORS(r)

    Dena Balzano

    LICHTENSTEIN ROWAN, REALTORS(r)

    (540) 329-2423

    92 Total Sales

    10 in Salem

    $195K - $675K Price Range

    Dena Balzano
     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
$142,000 Accommodation
$122,000 First Choice Title
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 $827,000
Closed $1,143,250
Closed $120,000
Previous Owner $117,928
Previous Owner $116,800
Previous Owner $95,000
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
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 View Prior Sale
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

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 $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

  • K

    Seller's Agent in 2021

    Krysandra Rubiano

    VARNEY REALTY PARTNERS

    (561) 779-3159

    41 Total Sales

    Krysandra Rubiano
    Section Image
  • Jason Varney Real Estate Agent - MKB, REALTORS(r)

    Buyer's Agent in 2018

    Jason Varney

    MKB, REALTORS(r)

    (540) 793-4384

    14 Total Sales

    Jason Varney
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 879440

Roanoke Valley Association of REALTORS®

APN: 143-3-26

Virginia Salem City County Salem 24153

115 Elm St, 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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