NOT LISTED FOR SALE

220 Electric Rd Salem, VA 24153

Salem Area

Estimated Value: $377,000 - $427,751

3 Beds
2 Baths
2,073 Sq Ft
$191/Sq Ft Est. Value

Sale Details

Date Sold: October 15, 2024

Last sale price $380,000 $183 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,346 / mo

3 Days on Market

Highlights

  • City View
  • Whirlpool Bathtub
  • Breakfast Area or Nook
  • 3.02 Acre Lot
  • No HOA
  • Google Fiber

About This Home

As of October 2024

This wonderful bright and airy Mid Century Modern Mica Flagstone home., a Frank Lloyd Wright ''knock off'' from plans purchased in 1950 from House Beautiful Magazine. Amazing views of the mountains and surrounding area from all the front facing windows. This one family owned home has been well cared for by the present Owner. Updates include but not limited to windows replaced, addition of a Home Office (could be used as a 4th bedroom) and second full bathroom with walk-in shower, original wood floors refinished, kitchen updated but in keeping with the original design, updated fixtures and large laundry area. 400' road frontage on Electric Rd has been leased before for commercial development. Presently zoned RSF . The Electric Rd frontage approx. 400', all city utilities and across

Last Agent to Sell the Property

Tim Thompson

MKB, REALTORS(r) License #0225056345 Listed on: 08/30/2024

MKB, REALTORS(r)

Last Buyer's Agent

Janie Meggers

MKB, REALTORS(r) - OAK GROVE License #0225175057

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,443

Year Built

  • Built in 1952

Lot Details

  • 3.02 Acre Lot
  • Lot Sloped Down
  • Cleared Lot
  • Property is zoned RSF

Property Views

  • City
  • Mountain

Home Design

  • Stone Siding

Interior Spaces

  • 1-Story Property
  • Bookcases
  • Ceiling Fan
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Storage
  • Partial Basement
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Detached Carport Space
  • Tuck Under Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed
  • Front Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 1A

Community Details

Overview

  • No Home Owners Association
  • Conehurst Subdivision

Amenities

  • Restaurant
  • Google Fiber

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,443

Year Built

Built in 1952

Lot Details

3.02 Acres

Listing Details

  • Interior Features: Book Shelves, Breakfast Area, Ceiling Fan, Masonry Fireplace, Storage, Whirlpool Bath
  • Heating System: Forced Air Gas
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Garage Door Opener, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Other - See Remarks, Patio, Paved Driveway, Storage Shed
  • Views: City, Mountain, Sunrise, Sunset
  • AddlCoveredPrkng: Carport Detached
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1779.00
  • ExteriorDoors: Insulated Storm, Wood
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • Internet Access: Fiber
  • InternetAccessCurntInternetProv: Glo Fiber
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 294.00
  • Major Area: 03 - City of Salem
  • NumberAddCovSpaces: 3.00
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 1779
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 4.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2073.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior, Other - See Remarks

Lot Info

  • Lot Description: Cleared, Down Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 3.02
  • Lot: 1A
  • ZoningCode: RSF

Building Info

  • Year Built: 1952

Tax Info

  • Taxes (6 mo): 3442.80

MLS Schools

  • Elementary School: East 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
Aug 30, 2024
Closed on
Oct 11, 2024
Sold by
Bought by
Seller's Agent
Tim Thompson
MKB, REALTORS(r)
Buyer's Agent
Janie Meggers
MKB, REALTORS(r) - OAK GROVE
List Price
$387,777
Sold Price
$380,000
Premium/Discount to List
-$7,777
-2.01%
Views
84
Current Estimated Value
$396,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,438
Avg. Annual Appreciation
2.39%
Original Mortgage
$215,000
Outstanding Balance
$210,790
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$185,648

Purchase Details

Closed on
Apr 18, 2024
Sold by
Bought by
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

  • Kimberly Harlow Real Estate Agent - VARNEY REALTY PARTNERS

    Kimberly Harlow

    VARNEY REALTY PARTNERS

    (540) 517-6711

    12 Total Sales

    3 in Salem

    $46K - $227K Price Range

    Kimberly Harlow
     Section Image
  • Kat Pascal Real Estate Agent - MOUNTAIN VIEW REAL ESTATE LLC

    Kat Pascal

    MOUNTAIN VIEW REAL ESTATE LLC

    (540) 384-9221

    25 Total Sales

    1 in Salem

    $189,000 Price

    Kat Pascal
     Section Image
  • Rose Dudley Real Estate Agent - LICHTENSTEIN ROWAN, REALTORS(r)

    Rose Dudley

    LICHTENSTEIN ROWAN, REALTORS(r)

    (540) 329-3907

    75 Total Sales

    2 in Salem

    $325K - $400K Price Range

    Rose Dudley
     Section Image
  • Darin Greear Real Estate Agent - Long & Foster - Blacksburg

    Darin Greear

    Long & Foster - Blacksburg

    (540) 518-0531

    604 Total Sales

    1 in Salem

    $578,000 Price

    Darin Greear
     Section Image
  • Anastasia Thompson Real Estate Agent - WAINWRIGHT & CO., REALTORS(r)

    Anastasia Thompson

    WAINWRIGHT & CO., REALTORS(r)

    (540) 302-2465

    58 Total Sales

    7 in Salem

    $105K - $430K Price Range

    Anastasia Thompson
     Section Image
  • Brenda Woody Real Estate Agent - Long & Foster - Blacksburg

    Brenda Woody

    Responds Quickly

    Long & Foster - Blacksburg

    (540) 385-4026

    134 Total Sales

    4 in Salem

    $177K - $240K Price Range

    Brenda Woody
     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
$380,000 First Choice Title
-- None Listed On Document
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 $90,000
Open $215,000
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
10/15/2024 10/15/24 Sold $380,000 -2.0% $183 / Sq Ft
09/02/2024 09/02/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $387,777 -- $187 / Sq Ft
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 $1,951 $330,700 $106,000 $224,700
2024 $1,721 $286,900 $102,800 $184,100
2023 $2,357 $196,400 $89,200 $107,200
2022 $2,137 $178,100 $77,100 $101,000
2021 $1,812 $151,000 $53,600 $97,400
2020 $1,784 $148,700 $53,600 $95,100
2019 $1,758 $146,500 $53,600 $92,900
2018 $1,669 $141,400 $53,600 $87,800
2017 $1,697 $143,800 $53,600 $90,200
2016 $1,697 $143,800 $53,600 $90,200
2015 $1,709 $144,800 $56,900 $87,900
2014 $1,709 $144,800 $56,900 $87,900
Source: Public Records

Agents Affiliated with this Home

  • Tim Thompson Real Estate Agent - MKB, REALTORS(r)

    Seller's Agent in 2024

    Tim Thompson

    MKB, REALTORS(r)

    (540) 353-7073

    127 Total Sales

    Tim Thompson
    Section Image

  • J

    Buyer's Agent in 2024

    Janie Meggers

    MKB, REALTORS(r) - OAK GROVE

    (540) 797-1419

    47 Total Sales

    Janie Meggers
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 910552

Roanoke Valley Association of REALTORS®

APN: 112-1-3

Virginia Salem City County Salem 24153

220 Electric Rd, 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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