Joe Racek
Sycamore Realtors
(540) 299-2761
227 Total Sales
2 in Salem
$245K - $255K Price Range
117 Front Ave Salem, VA 24153
Salem AreaEstimated Value: $169,000 - $247,996
3
Beds
2
Baths
2,016
Sq Ft
$102/Sq Ft
Est. Value
Highlights
- River View
- No HOA
- 2 Car Detached Garage
- Deck
- Cottage
- Forced Air Heating System
About This Home
As of November 2019Country cottage in much desired Salem. Great for investors with excellent rental potential. Has 1 Kitchen upstairs and 1 Kitchen downstairs. Great starter home with huge 2 car garage. Large deck in rear. River views. Sold As-Is. Seller willing to pay 1st year of Flood Insurance.
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,063
Year Built
- Built in 1945
Lot Details
- 5,227 Sq Ft Lot
- Level Lot
Parking
- 2 Car Detached Garage
Home Design
- Cottage
Interior Spaces
- 2,016 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- River Views
- Basement Fills Entire Space Under The House
Kitchen
- Electric Range
- Range Hood
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Deck
Schools
- South Salem Elementary School
- Andrew Lewis Middle School
- Salem High School
Utilities
- Forced Air Heating System
- Heat Pump System
- Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 17-18
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 25, 2019
Closed on
Oct 15, 2019
Sold by
Bought by
List Price
$82,000
Sold Price
$55,000
Premium/Discount to List
-$27,000
-32.93%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,999
Avg. Annual Appreciation
21.56%
Original Mortgage
$60,000
Interest Rate
3.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 14, 2017
Sold by
Bought by
Purchase Details
Closed on
Apr 23, 2008
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
$63,000
Interest Rate
5.5%
Mortgage Type
VA
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Salem, VA
-
Joe Racek
-
Thomas Fellers
Thomas Fellers
MKB, Roanoke
(540) 427-7269
221 Total Sales
14 in Salem
$195K - $700K Price Range
-
Dayna Patrick
Dayna Patrick
RE/MAX All Stars
(540) 384-4566
225 Total Sales
6 in Salem
$219K - $675K Price Range
-
Rick Payne
Rick Payne
MKB, Roanoke
(540) 501-7697
88 Total Sales
5 in Salem
$230K - $336K Price Range
-
Daniel Bennett
Daniel Bennett
eXp Realty - Blacksburg
(540) 900-2938
132 Total Sales
9 in Salem
$125K - $455K Price Range
-
Judy Hillman
Judy Hillman
LONG & FOSTER - ROANOKE OFFICE
(540) 900-2923
117 Total Sales
3 in Salem
$235K - $330K Price Range
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 |
|---|---|---|---|
| $55,000 | Fidelity National Ttl Ins Co | ||
| -- | None Available | ||
| $70,000 | First American |
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 | $117,600 | ||
| Closed | $60,000 | ||
| Previous Owner | $91,425 | ||
| Previous Owner | $88,000 | ||
| Previous Owner | $63,000 |
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 |
|---|---|---|---|---|
| 11/06/2019 11/06/19 | Sold | $55,000 | -32.9% | $27 / Sq Ft |
| 09/23/2019 09/23/19 | Pending | -- | -- | -- |
| 07/25/2019 07/25/19 | For Sale | $82,000 | -- | $41 / 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 | $783 | $132,700 | $29,800 | $102,900 |
| 2024 | $764 | $127,300 | $28,500 | $98,800 |
| 2023 | $1,372 | $114,300 | $26,300 | $88,000 |
| 2022 | $1,207 | $100,600 | $22,800 | $77,800 |
| 2021 | $1,139 | $94,900 | $21,700 | $73,200 |
| 2020 | $904 | $75,300 | $21,700 | $53,600 |
| 2019 | $868 | $72,300 | $21,700 | $50,600 |
| 2018 | $843 | $71,400 | $21,700 | $49,700 |
| 2017 | $830 | $70,300 | $21,700 | $48,600 |
| 2016 | $819 | $69,400 | $21,700 | $47,700 |
| 2015 | $834 | $70,700 | $24,100 | $46,600 |
| 2014 | $834 | $70,700 | $24,100 | $46,600 |
Source: Public Records
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 861577
APN: 234-1-13
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.
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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