$122,000
SOLD APR 5, 2022

211 Elm St Salem, VA 24153

-- Bed
-- Bath
884 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$138 Per Sq Ft

5% Below List Price

4 Days on Market

About This Home

As of July 2023

Updated home in convenient location. Kitchen, HVAC, windows, electric panel, bathroom toilet and vanity all new within past few years. Hardwood floors refinished at the same time as other updates. Tenant on year lease with tenant right to terminate with 30 days notice.

Last Agent to Sell the Property

Jenn Fountain

NEST REALTY ROANOKE License #0225206250 Listed on: 03/10/2022

NEST REALTY ROANOKE

Last Buyer's Agent

Steve Eller

LICHTENSTEIN ROWAN, REALTORS(r) License #0225217181

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,156

Year Built

  • Built in 1946

Interior Spaces

  • 884 Sq Ft Home
  • Crawl Space

Schools

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

Additional Features

  • 7,841 Sq Ft Lot
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for all utilities, deposit
  • Tax Lot 2 ASA

Community Details

Overview

  • No Home Owners Association

Building Details

  • 1 Leased Unit
  • Operating Expense $3,618
  • Gross Income $11,520
  • Net Operating Income $7,902

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,156

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: Heat Pump Electric
  • CondoAssocYN: No
  • Major Area: 03 - City of Salem
  • NumberLeasedUnits: 1.00
  • NumberUnfurnished: 1.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2022-03-14
  • SubdivisionMap: E Whitlock
  • TotalAnnualExpen: 3618.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

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

Schools

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

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.18
  • Lot: 2 ASA

Building Info

  • Year Built: 1946

Tax Info

  • Taxes (6 mo): 1156.00
  • FILLTAXID: 143-3-24

Multi Family

  • Lease Type: One Year
  • Tenant Pays: All Utilities, Deposit
  • Units In Building: 1.00
  • Multi Family Type: Other - See Remarks

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2022
Sold by
Philip Warden David and Ring Lisa
Bought by
Jfi Llc
Current Estimated Value
$175,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2019
Sold by
Maxwell William C and Lee William E
Bought by
Fountain Jason N and Fountain Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
3.5%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Deed $129,000 Spigle Massey & Clay Plc
Deed $50,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $135,000 Construction
Previous Owner $65,600 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $155,000 +3.3% $175 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $150,000 +23.0% $170 / Sq Ft
04/05/2022 04/05/22 Sold $122,000 -5.4% $138 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $128,900 -- $146 / 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 $899 $152,300 $38,000 $114,300
2024 $844 $140,700 $37,400 $103,300
2023 $1,414 $117,800 $34,800 $83,000
2022 $1,156 $96,300 $28,900 $67,400
2021 $1,090 $90,800 $27,300 $63,500
2020 $641 $53,400 $27,300 $26,100
2019 $620 $51,700 $27,300 $24,400
2018 $640 $54,200 $27,300 $26,900
2017 $636 $53,900 $27,300 $26,600
2016 $636 $53,900 $27,300 $26,600
2015 $638 $54,100 $24,500 $29,600
2014 $638 $54,100 $24,500 $29,600
Source: Public Records

Agents Affiliated with this Home

  • Christy Crouch

    Seller's Agent in 2023

    Christy Crouch

    RE/MAX

    (540) 312-0085

    70 in this area

    541 Total Sales

    Christy Crouch
    Section Image
  • Jason Boothe

    Buyer's Agent in 2023

    Jason Boothe

    MOUNTAIN VIEW REAL ESTATE LLC

    (540) 204-5818

    9 in this area

    284 Total Sales

    Jason Boothe
    Section Image

  • J

    Seller's Agent in 2022

    Jenn Fountain

    NEST REALTY ROANOKE

    (540) 314-0029

    26 in this area

    70 Total Sales

    Jenn Fountain
    Section Image
  • Steve Eller

    Buyer's Agent in 2022

    Steve Eller

    LICHTENSTEIN ROWAN, REALTORS(r)

    (540) 793-2012

    17 in this area

    102 Total Sales

    Steve Eller
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 887583

Roanoke Valley Association of REALTORS®

APN: 143-3-24

Virginia Salem City County Salem 24153

211 Elm St, Salem, VA

This home is located at 211 Elm St, Salem, VA 24153 and is currently priced at $122,000, approximately $138 per square foot. This property was built in 1946. 211 Elm St is a home located in Salem City with nearby schools including West Salem 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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