NOT LISTED FOR SALE

2001 Rice Ave Salem, VA 24153

Salem Area

Estimated Value: $374,000 - $436,000

0.5 Acre
$809,854 Price per Acre
21,780 Sq Ft Lot

Sale Details

Date Sold: May 15, 2018

Last sale price $40,000

Est. 912% increase in value since last sale

Current estimated payment $2,394 / mo

395 Days on Market

About This Lot

As of May 2018

Very pretty lot in City of Salem, mountain views, access from an alley.

Last Buyer's Agent

Brian & Rachelle Smith

RE/MAX ALL POINTS License #0225058049

RE/MAX ALL POINTS

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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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $114

Lot Details

  • 0.5

Schools

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

Utilities

  • Water Not Available
  • Sewer Not Available

Additional Features

  • 21,780 Sq Ft Lot
  • Mountain Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16B

Property Details

Property Type

Land

Est. Annual Taxes

$114

Lot Details

0.5 Acres

Listing Details

  • Type: Land
  • Views: Mountain
  • ElectricDescription: Above Ground
  • Land Sub Type: Residential - Single Family
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: None
  • Water Description: None

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Total Acreage: 0.50
  • Lot: 16B
  • Land Type: Lot

Tax Info

  • Taxes (6 mo): 114.46

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, 2017
Closed on
May 14, 2018
Sold by
Bought by
Buyer's Agent
Brian & Rachelle Smith
RE/MAX ALL POINTS
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%
Current Estimated Value
$404,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,927
Avg. Annual Appreciation
32.30%
Original Mortgage
$240,000
Interest Rate
4.5%
Mortgage Type
Construction
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

  • Amanda Patterson Real Estate Agent - VARNEY REALTY PARTNERS

    Amanda Patterson

    VARNEY REALTY PARTNERS

    (540) 452-9637

    56 Total Sales

    2 in Salem

    $265K - $486K Price Range

    Amanda Patterson
     Section Image

  • TH

    Tim Hash

    Responds Quickly

    MOUNTAIN CITY REALTY & AUCTION LLC

    (540) 240-9970

    70 Total Sales

    6 in Salem

    $150K - $340K Price Range

    Tim Hash
     Section Image
  • Christopher Kidd Carter Real Estate Agent - LONG & FOSTER - ROANOKE OFFICE

    Christopher Kidd Carter

    LONG & FOSTER - ROANOKE OFFICE

    (540) 900-1911

    159 Total Sales

    4 in Salem

    $170K - $670K Price Range

    Christopher Kidd Carter
     Section Image
  • Alex Taylor Real Estate Agent - MAC WESTLAND REAL ESTATE GROUP

    Alex Taylor

    MAC WESTLAND REAL ESTATE GROUP

    (540) 792-3330

    129 Total Sales

    3 in Salem

    $156K - $235K Price Range

    Alex Taylor
     Section Image
  • Steven Lee Real Estate Agent - RED KEY REALTY INC

    Steven Lee

    RED KEY REALTY INC

    (540) 900-3554

    59 Total Sales

    2 in Salem

    $215K - $320K Price Range

    Steven Lee
     Section Image
  • Pam Smith Real Estate Agent - MKB, REALTORS(r)

    Pam Smith

    MKB, REALTORS(r)

    (540) 666-6751

    44 Total Sales

    1 in Salem

    $190,000 Price

    Pam Smith
     Section Image
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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
$40,000 Fidelity National Title Ins
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 $240,300
Closed $235,514
Closed $240,000
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
05/15/2018 05/15/18 Sold $40,000 -11.1% --
04/05/2018 04/05/18 Pending -- -- --
03/06/2017 03/06/17 For Sale $45,000 -- --
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 $2,020 $342,300 $48,200 $294,100
2024 $1,925 $320,800 $45,800 $275,000
2023 $3,539 $294,900 $42,700 $252,200
2022 $3,264 $272,000 $36,600 $235,400
2021 $3,038 $253,200 $33,000 $220,200
2020 $2,882 $240,200 $33,000 $207,200
2019 $2,744 $228,700 $33,000 $195,700
2018 $114 $9,700 $9,700 $0
2017 $114 $9,700 $9,700 $0
2016 $114 $9,700 $9,700 $0
2015 $112 $9,500 $9,500 $0
2014 $112 $9,500 $9,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 834684

Roanoke Valley Association of REALTORS®

APN: 203-2-12.1

Virginia Salem City County Salem 24153

2001 Rice Ave, 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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