NOT LISTED FOR SALE

118 Front Ave Salem, VA 24153

Salem Area

Estimated Value: $194,000 - $211,447

2 Beds
1 Bath
1,092 Sq Ft
$189/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2025

Last sale price $200,000 $183 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,329 / mo

Highlights

  • River View
  • No HOA
  • 1-Story Property
  • Deck
  • Covered Patio or Porch
  • Garden

About This Home

As of May 2025

Do not miss this totally remodeled one story home that is situation on a level corner lot. Some of the features and updates include: a new architectural shingle roof, all new vinyl siding, trim, gutters and thermal pane replacement windows. Other updates include: a completely new electrical system with breaker box and new wiring throughout the entire house. The new kitchen features marble countertops and new hickory cabinets, stainless appliances include a range/oven, dishwasher and microwave oven. The bathroom has also been updated with tile tub/ shower. Refinished hardwood pine floors. Energy efficient new insulation in attic and floor. New high efficiency heat pump for heating and air conditioning. New decks at the front porch and rear. This home is in Move- In Condition.

Last Agent to Sell the Property

Egon Hofmann

BARKER REALTY CO License #0225170977 Listed on: 04/16/2025

Last Buyer's Agent

David Duncan

NEST REALTY ROANOKE License #0225272549

NEST REALTY ROANOKE

Range of Values:

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Value Increase
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Percent Increase
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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

  • $1,345

Year Built

  • Built in 1936

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 130
  • Level Lot
  • Garden

Property Views

  • River
  • Mountain

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17 & 18

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,345

Year Built

Built in 1936

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Garden Space
  • Views: Mountain, River
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1092.00
  • ExteriorDoors: Fiberglass
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 1 Story
  • SubdivisionMap: Salem Development
  • Total Above Grd Fin S Q F T: 1092
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1092.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 50 X 130
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.14
  • Lot: 17 & 18

Rental Info

  • Tenant: Owner Sometimes

Building Info

  • Year Built: 1936

Tax Info

  • Taxes (6 mo): 1345.00

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
Apr 16, 2025
Closed on
May 7, 2025
Sold by
Tann Investments Llc
Bought by
Seller's Agent
Egon Hofmann
BARKER REALTY CO
Buyer's Agent
David Duncan
NEST REALTY ROANOKE
List Price
$184,950
Sold Price
$200,000
Premium/Discount to List
$15,050
8.14%
Views
18
Current Estimated Value
$206,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,112
Avg. Annual Appreciation
2.29%
Original Mortgage
$190,000
Outstanding Balance
$187,574
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$18,538

Purchase Details

Closed on
Sep 22, 2024
Sold by
Dorathy Linda T
Bought by
Tann Investments Llc
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

  • Brad Thomas Real Estate Agent - MOUNTAIN VIEW REAL ESTATE LLC

    Brad Thomas

    Responds Quickly

    MOUNTAIN VIEW REAL ESTATE LLC

    (540) 900-1493

    556 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

    72 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

    224 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

    222 Total Sales

    13 in Salem

    $205K - $700K Price Range

    Thomas Fellers
     Section Image
  • Monica Nicely Real Estate Agent - Keller Williams Realty Roanoke

    Monica Nicely

    Keller Williams Realty Roanoke

    (540) 744-3903

    107 Total Sales

    15 in Salem

    $160K - $410K Price Range

    Monica Nicely
     Section Image
  • Dayna Patrick Real Estate Agent - RE/MAX All Stars

    Dayna Patrick

    Responds Quickly

    RE/MAX All Stars

    (540) 384-4566

    224 Total Sales

    7 in Salem

    $219K - $675K Price Range

    Dayna Patrick
     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
$200,000 Old Republic National Title
Tann Investments Llc $60,000 American Title & Settlement
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 $190,000
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
05/15/2025 05/15/25 Sold $200,000 +8.1% $183 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
04/16/2025 04/16/25 For Sale $184,950 -- $169 / 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
2026 $2,233 $192,500 $38,300 $154,200
2025 $661 $112,100 $34,300 $77,800
2024 $630 $105,000 $32,700 $72,300
2023 $1,114 $92,800 $30,200 $62,600
2022 $1,004 $83,700 $26,200 $57,500
2021 $949 $79,100 $24,900 $54,200
2020 $938 $78,200 $24,900 $53,300
2019 $902 $75,200 $24,900 $50,300
2018 $880 $74,600 $24,900 $49,700
2017 $872 $73,900 $24,900 $49,000
2016 $872 $73,900 $24,900 $49,000
2015 $851 $72,100 $24,700 $47,400
2014 $851 $72,100 $24,700 $47,400
Source: Public Records

Agents Affiliated with this Home

  • Egon Hofmann Real Estate Agent - BARKER REALTY CO

    Seller's Agent in 2025

    Egon Hofmann

    BARKER REALTY CO

    (540) 314-1627

    131 Total Sales

    Egon Hofmann
    Section Image

  • DD

    Buyer's Agent in 2025

    David Duncan

    NEST REALTY ROANOKE

    (540) 392-2408

    12 Total Sales

    David Duncan
    Section Image

  • JF

    Buyer Co-Listing Agent in 2025

    Jenn Fountain

    NEST REALTY ROANOKE

    (540) 314-0029

    57 Total Sales

    Jenn Fountain
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 916296

Roanoke Valley Association of REALTORS®

APN: 234-13-1

Virginia Salem City County Salem 24153

118 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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