NOT LISTED FOR SALE

1406 Eddy St Unit 1408 Salem, VA 24153

3 Beds
2 Baths
2,000 Sq Ft
0.27 Acres

Last Sold January 07, 2020

Last sale price $90,000 $45 Per Sq Ft

120 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 3-minute walk to Salem Parks & Recreation Department
  • Salem High School Rated A-
  • Baseboard Heating

About This Home

As of January 2020

Investment opportunity in Salem. Great location, convenient access to the Roanoke River Greenway. Upper unit currently leased at $775.00/month, same tenants since 2006. Separate apartment downstairs now can be used as duplex, rented in the past for $500.00/month. Possible 2nd BR in lower unit.

Last Agent to Sell the Property

Jen Koll

BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN License #0225213334 Listed on: 07/01/2019

BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN

Last Buyer's Agent

J.c. Taylor

YOUNG REALTY COMPANY License #0225120168

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,340

Year Built

  • Built in 1960

Lot Details

  • 0.27 Acre Lot

Home Design

  • Duplex

Interior Spaces

  • 2,000 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 7-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,340

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Heating System: Baseboard Electric, Forced Air Electric, Other - See Remarks
  • Type: Multi-Family
  • Has Basement: Full Basement
  • Cooling System: Central Cooling, Other - See Remarks
  • Major Area: 03 - City of Salem
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2019-10-29
  • Water Class: N/A
  • 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

Schools

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

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.27
  • Lot: 7-8

Building Info

  • Year Built: 1960

Tax Info

  • Taxes (6 mo): 1340.00
  • FILLTAXID: 201-1-5

Multi Family

  • Lease Type: Month-to-Month
  • Tenant Pays: All Utilities
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

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

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

Property History

Date Event Price Change Sq Ft Price
01/07/2020 01/07/20 Sold $90,000 -18.2% $45 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $110,000 -- $55 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 860873

Roanoke Valley Association of REALTORS®

APN: 201-1-5