NOT LISTED FOR SALE

201 Elm St Salem, VA 24153

Estimated Value: $218,000 - $261,020

4 Beds
2 Baths
2,570 Sq Ft
$93/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $225,000 $88 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,353/month

2 Days on Market

Highlights

  • Deck
  • No HOA
  • Storage
  • Salem High School Rated A-
  • Covered Patio or Porch
  • 5-minute walk to Lake Spring Park

About This Home

As of June 2024

Introducing a captivating 2-story home nestled in the heart of downtown Salem. This charming abode boasts a rich history with much of its original 1905 construction intact, lending it a unique and timeless appeal. Step onto the inviting front covered porch Situated on a nice level lot, the property also features two convenient storage buildings. Inside, revel in the modern comforts of updated kitchen and bathrooms, seamlessly blending contemporary convenience with historic charm. For those who prefer to avoid stairs, a bedroom with an attached Jack and Jill full bathroom provides effortless accessibility. The home is equipped with two HVAC systems, both 13 years old, along with gas furnace, stove, dryer, and even a gas hook-up at the hot water heater for efficient energy use.

Last Agent to Sell the Property

Christy Crouch

RE/MAX ALL POINTS License #0225020100 Listed on: 04/18/2024

RE/MAX ALL POINTS

Last Buyer's Agent

Tim Carter

WAINWRIGHT & CO., REALTORS(r) License #0225229210

WAINWRIGHT & CO.,  REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1905

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Interior Spaces

  • 2,570 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Doors
  • Storage
  • Crawl Space

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 13

Community Details

Overview

  • No Home Owners Association

Amenities

  • Restaurant
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,412

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Storage
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Range Gas, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1354.00
  • ExteriorDoors: Insulated, Metal
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 2570
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Xfinity/glofiber
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2024-04-20
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubdivisionMap: Shanks Addition
  • Total Above Grd Fin S Q F T: 2570
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2570.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1216.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Handicap Access, Paved Road

Schools

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

Lot Info

  • Lot Description: Cleared, Level Lot
  • Lot Dimensions: .13
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.13
  • Lot: 13

Building Info

  • Year Built: 1905

Tax Info

  • Taxes (6 mo): 1412.00
  • FILLTAXID: 143-3-25

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
May 30, 2024
Sold by
Zimmer Jean F
Bought by
Place Ashley and Snyder Will
Seller's Agent
Christy Crouch
RE/MAX ALL POINTS
Buyer's Agent
Tim Carter
WAINWRIGHT & CO., REALTORS(r)
List Price
$225,000
Sold Price
$225,000
Views
21
Current Estimated Value
$239,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,505
Avg. Annual Appreciation
4.85%
Original Mortgage
$213,750
Outstanding Balance
$211,250
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$28,255

Purchase Details

Listed on
Jun 27, 2011
Closed on
Feb 13, 2012
Sold by
Virginia Housing Development Authority
Bought by
Zimmer Jean F
Seller's Agent
Jack Peay
LICHTENSTEIN ROWAN, REALTORS(r)
Buyer's Agent
Jack Peay
LICHTENSTEIN ROWAN, REALTORS(r)
List Price
$124,900
Sold Price
$118,000
Premium/Discount to List
-$6,900
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$107,262
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 2011
Sold by
Stevens Monica B and Stevens Michael D
Bought by
Virginia Housing Development Authority

Purchase Details

Closed on
Jun 14, 2007
Sold by
Tiedemann Michael S and Lanier Megan Carol
Bought by
Stevens Michael D and Stevens Monica B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,500
Interest Rate
7.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Place Ashley $225,000 Performance Title
Zimmer Jean F $118,000 American Title & Settlement
Virginia Housing Development Authority $125,000 None Available
Stevens Michael D -- Acquisition Title And Settle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Place Ashley $213,750
Previous Owner Zimmer Jean F $107,262
Previous Owner Stevens Michael D $169,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $225,000 0.0% $88 / Sq Ft
04/20/2024 04/20/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $225,000 +90.7% $88 / Sq Ft
02/24/2012 02/24/12 Sold $118,000 -5.5% $72 / Sq Ft
12/16/2011 12/16/11 Pending -- -- --
06/27/2011 06/27/11 For Sale $124,900 -- $76 / Sq Ft
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
2025 $992 $168,100 $36,200 $131,900
2024 $847 $141,200 $35,200 $106,000
2023 $1,555 $129,600 $32,700 $96,900
2022 $1,426 $118,800 $27,200 $91,600
2021 $1,414 $117,800 $25,700 $92,100
2020 $1,378 $114,800 $25,700 $89,100
2019 $1,378 $114,800 $25,700 $89,100
2018 $1,397 $118,400 $25,700 $92,700
2017 $1,388 $117,600 $25,700 $91,900
2016 $1,388 $117,600 $25,700 $91,900
2015 $1,402 $118,800 $23,000 $95,800
2014 $1,402 $118,800 $23,000 $95,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 906761

Roanoke Valley Association of REALTORS®

APN: 143-3-25