NOT LISTED FOR SALE

1602 Gaines St Salem, VA 24153

Salem Area

Estimated Value: $221,000 - $263,344

3 Beds
2 Baths
1,824 Sq Ft
$132/Sq Ft Est. Value

Sale Details

Date Sold: April 25, 2025

Last sale price $230,000 $126 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,401 / mo

2 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Central Air

About This Home

As of April 2025

Charming 3-bedroom, 2-bathroom ranch-style home situated on a desirable corner lot. This property features a mostly finished basement, offering extra living space or room for customization. The home is highlighted by a newer roof, providing peace of mind and added durability. A great opportunity for those seeking comfort and functionality in a prime location.

Last Agent to Sell the Property

Damon Gettier

REAL BROKER LLC - DGA-SALEM License #0225236055 Listed on: 03/19/2025

Co-Listed By

Veronica Turcios Smith

REAL BROKER LLC - DGA-SALEM License #0225249122

Last Buyer's Agent

Veronica Turcios Smith

REAL BROKER LLC - DGA-SALEM License #0225249122

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 1965

Lot Details

  • 8,015

Parking

  • 4 Open Parking Spaces

Home Design

  • Ranch Style House

Interior Spaces

  • Basement Fills Entire Space Under The House
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • G. W. Carver Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,700

Year Built

Built in 1965

Lot Details

8,015 Sq Ft Lot

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 912.00
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 912.00
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 912
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1824.00
  • UncoveredNumberSpaces: 4.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Lot Info

  • Lot Dimensions: 8035 sq ft
  • Property Group Id: 19990816212109142258000000

Building Info

  • Year Built: 1965

Tax Info

  • Taxes (6 mo): 1700.00

MLS Schools

  • Elementary School: G. W. Carver
  • 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 19, 2025
Closed on
Apr 23, 2025
Sold by
Bought by
Seller's Agent
Damon Gettier
REAL BROKER LLC - DGA-SALEM
Buyer's Agent
Veronica Turcios Smith
REAL BROKER LLC - DGA-SALEM
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%
Views
54
Current Estimated Value
$240,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,836
Avg. Annual Appreciation
3.69%
Original Mortgage
$225,834
Interest Rate
0.0625%
Mortgage Type
FHA
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
$230,000 Old Republic 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 $225,834
Previous Owner $50,000
Previous Owner $50,000
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
04/25/2025 04/25/25 Sold $230,000 +2.2% $126 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
03/25/2025 03/25/25 For Sale $225,000 -- $123 / 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 $949 $160,900 $34,700 $126,200
2024 $902 $150,400 $33,200 $117,200
2023 $1,622 $135,200 $30,700 $104,500
2022 $1,496 $124,700 $28,100 $96,600
2021 $1,376 $114,700 $24,500 $90,200
2020 $1,350 $112,500 $24,500 $88,000
2019 $1,297 $108,100 $24,500 $83,600
2018 $1,109 $94,000 $24,500 $69,500
2017 $1,099 $93,100 $24,500 $68,600
2016 $1,099 $93,100 $24,500 $68,600
2015 $1,115 $94,500 $24,000 $70,500
2014 $1,115 $94,500 $24,000 $70,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Damon Gettier

    REAL BROKER LLC - DGA-SALEM

    (540) 314-1199

    562 Total Sales

    Damon Gettier
    Section Image

  • V

    Seller Co-Listing Agent in 2025

    Veronica Turcios Smith

    REAL BROKER LLC - DGA-SALEM

    (540) 516-3326

    176 Total Sales

    Veronica Turcios Smith
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 915338

Roanoke Valley Association of REALTORS®

APN: 34-2-14

Virginia Salem City County Salem 24153

1602 Gaines 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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