NOT LISTED FOR SALE

19 Lake Ave Salem, VA 24153

Salem Area

Estimated Value: $205,000 - $235,374

3 Beds
1 Bath
1,105 Sq Ft
$203/Sq Ft Est. Value

Sale Details

Date Sold: November 10, 2022

Last sale price $165,000 $149 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,320 / mo

62 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Porch
  • Property is near schools
  • No HOA
  • Bungalow
  • 4-minute walk to Lake Spring Park

About This Home

As of November 2022

This wonderful property is the perfect starter home located in an incredible part of Salem! You simply can't beat this area where you'll be conveniently located within walking distance to West Salem Elementary School, close to downtown and many shopping and dining options, while also having easy access to I-81. This beautiful home offers 3 bedrooms, 1 bathroom, over 1100 square feet of living space, and the laundry room all on one level! Beautiful original hardwoods in the bedrooms and hallway. New carpet and fresh paint in the living room along with new flooring in the Kitchen and Bathroom! Other features include a newer roof that is roughly 5 years old, replacement windows in 2012, walk in shower, large pantry in the laundry room off the kitchen, and freshly painted porch, steps, and railings! You'll also enjoy apple, pear, and fig trees on the property along with a large storage building in the backyard!

Last Agent to Sell the Property

Ryan McCollum

Long & Foster - Blacksburg License #0225222068 Listed on: 08/11/2022

Long & Foster - Blacksburg

Last Buyer's Agent

Tonja Smith Doyle

Roots Realty Group License #0225253547

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

Year Built

  • Built in 1941

Lot Details

  • 8,712

Home Design

  • Bungalow
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,105 Sq Ft Home
  • Crawl Space
  • Storm Doors
  • Laundry on main level

Kitchen

  • Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Outdoor Features

  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • 8,712 Sq Ft Lot
  • Property is near schools

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 12415

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Estimated Total Finished Sq Ft: 1105
  • Class: Residential
  • County Or City: Salem
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: LT 11A SEC 7 L L RUSH MAP
  • Lvt Date: 08/11/2022
  • Master On Main: Yes
  • Miscellaneous: Schools (Walking)
  • Parcel Nbr: 12415
  • Property Sub Type: Detached
  • Main Level Bathrooms: 1
  • Room Level Bedrooms Main: 3
  • Style Structure Home: Bungalow/Cottage
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Appliances: Dishwasher, Oven, Range/Electric, Refrigerator
  • Attic: Floored, Pull Down Stairs
  • Basement: Crawl Space
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Interior Amenities: Laundry On Main, Pantry

Exterior Features

  • Exterior Features: Porch, Storage Shed, Storm Doors
  • Exterior Finish: Aluminum
  • Roofing: Shingle

Utilities

  • Air Conditioner: Central Electric
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: None

Lot Info

  • Lot Size: 8712

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
Aug 11, 2022
Closed on
Nov 10, 2022
Sold by
Bought by
Seller's Agent
Ryan McCollum
Long & Foster - Blacksburg
Buyer's Agent
Tonja Smith Doyle
Roots Realty Group
List Price
$189,900
Sold Price
$165,000
Premium/Discount to List
-$24,900
-13.11%
Current Estimated Value
$224,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,594
Avg. Annual Appreciation
8.50%
Original Mortgage
$140,250
Outstanding Balance
$134,569
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$90,025
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

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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
$165,000 Sage 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 $140,250
Previous Owner $40,000
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
11/10/2022 11/10/22 Sold $165,000 -2.9% $149 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
10/06/2022 10/06/22 Price Changed $169,900 -5.6% $154 / Sq Ft
08/30/2022 08/30/22 Price Changed $179,900 -5.3% $163 / Sq Ft
08/11/2022 08/11/22 For Sale $189,900 -- $172 / Sq Ft
Source: New River 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 $1,017 $172,300 $44,200 $128,100
2024 $958 $159,600 $42,800 $116,800
2023 $1,632 $136,000 $40,400 $95,600
2022 $1,463 $121,900 $35,600 $86,300
2021 $1,380 $115,000 $33,300 $81,700
2020 $1,327 $110,600 $30,900 $79,700
2019 $1,300 $108,300 $30,900 $77,400
2018 $1,266 $107,300 $30,900 $76,400
2017 $1,256 $106,400 $30,900 $75,500
2016 $1,256 $106,400 $30,900 $75,500
2015 $1,147 $97,200 $29,000 $68,200
2014 $1,147 $97,200 $29,000 $68,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 416078

New River Valley Association of REALTORS®

APN: 124-1-5

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