$40,000
SOLD MAY 31, 2023

2005 E Main St Salem, VA 24153

0.56 Acre
$71,429 Price per Acre
24,394 Sq Ft Lot

Recently Sold

20% Below List Price

57 Days on Market

About This Lot

As of May 2023

The Salem City Plan calls for this property to be Commercial. It is currently zoned Residential and has an assessed value of $93,700. Bank/ Stand alone business. Lots of possibilities.

Last Agent to Sell the Property

Neal Wall

JMAX PROPERTY MANAGEMENT LLC License #0205092955 Listed on: 03/08/2023

Last Buyer's Agent

Neal Wall

JMAX PROPERTY MANAGEMENT LLC License #0205092955 Listed on: 03/08/2023

Property Details

Property Type

  • Land

Lot Details

  • 0.56 Acre Lot

Schools

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

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Type: Land
  • CondoAssocYN: No
  • ElectricDescription: Above Ground
  • Land Sub Type: Undeveloped
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2023-05-04
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Schools

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

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Total Acreage: 0.56
  • Land Type: Lot
  • Phase: 1

Tax Info

  • Taxes (6 mo): 1125.00
  • FILLTAXID: 78-2-2.11

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
May 26, 2023
Sold by
Mhosny Llc
Bought by
Doyle Properties Llc
Seller's Agent
Neal Wall
JMAX PROPERTY MANAGEMENT LLC
Buyer's Agent
Neal Wall
JMAX PROPERTY MANAGEMENT LLC
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%
Views
113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.57%

Purchase Details

Closed on
Sep 30, 2019
Sold by
Hosny Mohamed
Bought by
Mhosny Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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

Date Type Sale Price Title Company
Warranty Deed $40,000 Fidelity National Title
Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 For Sale $149,950 +274.9% --
05/31/2023 05/31/23 Sold $40,000 -20.0% --
05/04/2023 05/04/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $50,000 -- --
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $702 $117,000 $117,000 $0
2023 $1,201 $100,100 $100,100 $0
2022 $1,124 $93,700 $93,700 $0
2021 $1,092 $91,000 $91,000 $0
2020 $1,092 $91,000 $91,000 $0
2019 $1,092 $91,000 $91,000 $0
2018 $1,074 $91,000 $91,000 $0
2017 $1,088 $92,200 $92,200 $0
2016 $1,088 $92,200 $92,200 $0
2015 $1,088 $92,200 $92,200 $0
2014 $1,088 $92,200 $92,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristine Davis

    Seller's Agent in 2025

    Kristine Davis

    EDWIN C HALL ASSOCIATES INC

    (540) 309-9429

    2 Total Sales

    Section Image
  • Frank C. Martin, III | SIOR, CCIM

    Seller Co-Listing Agent in 2025

    Frank C. Martin, III | SIOR, CCIM

    EDWIN C HALL ASSOCIATES INC

    (540) 309-9429

    1 in this area

    5 Total Sales

    Section Image
  • Neal Wall

    Seller's Agent in 2023

    Neal Wall

    JMAX PROPERTY MANAGEMENT LLC

    (540) 309-3924

    7 in this area

    28 Total Sales

    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 896474

Roanoke Valley Association of REALTORS®

APN: 78-2-2.11

Virginia Salem City County Salem 24153

2005 E Main St, Salem, VA

This home is located at 2005 E Main St, Salem, VA 24153 and is currently priced at $40,000. 2005 E Main St is a home located in Salem City with nearby schools including G.W. Carver Elementary School, Andrew Lewis Middle School, and Salem High School.

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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