Daniel Bennett
eXp Realty - Blacksburg
(540) 900-2938
133 Total Sales
9 in Salem
$125K - $455K Price Range
200 Electric Rd Salem, VA 24153
Salem AreaEstimated Value: $214,000
9.02
Acres
$23,725
Price per Acre
392,911
Sq Ft Lot
About This Lot
As of July 2016Large lot with billboard income leased from Lamar billboard company. 16-year lease in place with current rent at $4,700/year with $300 increases in year 2, 6, & 11.Lamar Advertising is an outdoor advertising company which operates billboards, logo signs, and transit displays. The company was founded in 1902 and has over 200 locations in the United States, Canada and Puerto Rico.
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Property Details
Property Type
- Land
Lot Details
- 9.02 Acre Lot
- Property is zoned RSF
Schools
- East Salem Elementary School
- Andrew Lewis Middle School
- Salem High School
Utilities
- Water Not Available
- Sewer Not Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 115 / 1
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
Jun 1, 2016
Closed on
Jul 5, 2016
Sold by
Bought by
Buyer's Agent
Robert Rouse
YOUNG REALTY COMPANY
List Price
$49,950
Sold Price
$52,000
Premium/Discount to List
$2,050
4.1%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,000
Avg. Annual Appreciation
15.08%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Salem, VA
-
Daniel Bennett
-
Judy Hillman
Judy Hillman
LONG & FOSTER - ROANOKE OFFICE
(540) 900-2923
117 Total Sales
3 in Salem
$235K - $330K Price Range
-
Stephanie Varney
Stephanie Varney
VARNEY REALTY PARTNERS
(540) 613-5683
98 Total Sales
6 in Salem
$46K - $235K Price Range
-
Jarrod Hines
Jarrod Hines
REAL BROKER LLC - MCLEAN
(540) 831-3727
107 Total Sales
3 in Salem
$160K - $333K Price Range
-
Tim Thompson
Tim Thompson
Responds QuicklyMKB, Roanoke
(540) 900-3294
128 Total Sales
9 in Salem
$163K - $503K Price Range
-
Brenda Bratt
Brenda Bratt
WAINWRIGHT & CO., REALTORS(r)- LAKE
(540) 590-5011
231 Total Sales
3 in Salem
$220K - $495K Price Range
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 |
|---|---|---|---|
| $52,000 | Acquisition Title |
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 |
|---|---|---|---|---|
| 07/08/2016 07/08/16 | Sold | $52,000 | +4.1% | -- |
| 06/10/2016 06/10/16 | Pending | -- | -- | -- |
| 06/01/2016 06/01/16 | For Sale | $49,950 | -- | -- |
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 | $901 | $152,700 | $152,700 | $0 |
| 2024 | $863 | $143,900 | $143,900 | $0 |
| 2023 | $1,704 | $142,000 | $142,000 | $0 |
| 2022 | $1,488 | $124,000 | $124,000 | $0 |
| 2021 | $1,469 | $122,400 | $122,400 | $0 |
| 2020 | $1,469 | $122,400 | $122,400 | $0 |
| 2019 | $1,469 | $122,400 | $122,400 | $0 |
| 2018 | $1,444 | $122,400 | $122,400 | $0 |
| 2017 | $1,444 | $122,400 | $122,400 | $0 |
| 2016 | $1,444 | $122,400 | $122,400 | $0 |
| 2015 | $1,357 | $115,000 | $115,000 | $0 |
| 2014 | $1,357 | $115,000 | $115,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Rouse
R
Buyer's Agent in 2016
Robert Rouse
YOUNG REALTY COMPANY
(540) 529-1555
50 Total Sales
-
Jack Frye
Buyer Co-Listing Agent in 2016
Jack Frye
YOUNG REALTY COMPANY
(540) 580-7484
104 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 826949
APN: 115-1-6
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.
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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