NOT LISTED FOR SALE

119 Front Ave Salem, VA 24153

Estimated Value: $210,208

Studio
-- Bath
2,160 Sq Ft
$97/Sq Ft Est. Value

Sale Details

Date Sold: May 27, 2021

Last sale price $154,950 $72 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,209 / mo

31 Days on Market

Highlights

  • River View
  • Forced Air Heating System
  • Ceiling Fan
  • No HOA

About This Home

As of May 2021

GREAT INVESTMENT - TWO APARTMENTS WITH RETAIL ENTRY LEVEL UNIT IN SALEM - LIVE IN ONE UNIT AND RENT THE OTHER TWO -

Last Agent to Sell the Property

William Eric Thomas

MOUNTAIN VIEW REAL ESTATE LLC License #0225057075 Listed on: 03/06/2021

Co-Listed By

Brad Thomas

MOUNTAIN VIEW REAL ESTATE LLC License #0225188833

Last Buyer's Agent

Egon Hofmann

BARKER REALTY CO License #0225170977

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,199

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot

Interior Spaces

  • 2,160 Sq Ft Home
  • Ceiling Fan
  • River Views
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 19 & 20

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,199

Year Built

Built in 1920

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Forced Air Gas
  • Type: Multi-Family
  • Has Basement: Full Basement
  • Cooling System: No Cooling System
  • Views: River
  • Internet Access: Cable
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

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

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.07
  • Lot: 19 & 20
  • Present Use: Built-As

Building Info

  • Year Built: 1920

Tax Info

  • Taxes (6 mo): 1199.00

Multi Family

  • Tenant Pays: Electricity, Gas
  • Units In Building: 3.00
  • Multi Family Type: Apartments

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
Mar 6, 2021
Closed on
Apr 19, 2021
Sold by
Bought by
Seller's Agent
William Eric Thomas
MOUNTAIN VIEW REAL ESTATE LLC
Buyer's Agent
Egon Hofmann
BARKER REALTY CO
List Price
$154,950
Sold Price
$154,950
Current Estimated Value
$210,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,258
Avg. Annual Appreciation
6.20%
Original Mortgage
$123,000
Outstanding Balance
$106,366
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$103,842
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
$154,950 Fidelity National 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 $123,000
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
05/27/2021 05/27/21 Sold $154,950 0.0% $72 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $154,950 -- $72 / 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 $881 $149,400 $22,100 $127,300
2024 $811 $135,100 $20,900 $114,200
2023 $1,604 $133,700 $19,600 $114,100
2022 $1,391 $115,900 $17,900 $98,000
2021 $1,199 $99,900 $15,300 $84,600
2020 $1,199 $99,900 $15,300 $84,600
2019 $1,199 $99,900 $15,300 $84,600
2018 $1,056 $89,500 $15,300 $74,200
2017 $1,047 $88,700 $14,500 $74,200
2016 $1,047 $88,700 $14,500 $74,200
2015 $1,047 $88,700 $14,500 $74,200
2014 $1,047 $88,700 $14,500 $74,200
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2021

    William Eric Thomas

    MOUNTAIN VIEW REAL ESTATE LLC

    (540) 580-5250

    291 Total Sales

    William Eric Thomas
    Section Image
  • Brad Thomas

    Seller Co-Listing Agent in 2021

    Brad Thomas

    MOUNTAIN VIEW REAL ESTATE LLC

    (540) 915-3637

    560 Total Sales

    Brad Thomas
    Section Image
  • Egon Hofmann

    Buyer's Agent in 2021

    Egon Hofmann

    BARKER REALTY CO

    (540) 314-1627

    132 Total Sales

    Egon Hofmann
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 877551

Roanoke Valley Association of REALTORS®

APN: 234-1-13.1

Virginia Salem City County Salem 24153

119 Front Ave, 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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