$279,000
SOLD APR 25, 2025

2201 Bainbridge Dr Unit 2203 Salem, VA 24153

-- Bed
-- Bath
1,744 Sq Ft
0.25 Acres

Recently Sold

$160 Per Sq Ft

7 Days on Market

Highlights

  • No HOA
  • Salem High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of April 2025

Updated duplex perfect for investors or owner-occupants seeking rental income. Each unit offers 2 bedrooms and 1 full bath, hardwood floors, new LVP flooring, main level laundry, and an updated kitchen and bathroom. Outside is a grassy backyard to enjoy along with private parking on a paved driveway and a covered front porch with a private entrance for each unit.

Last Agent to Sell the Property

Heather Couture

MKB, REALTORS(r) License #0225251846 Listed on: 03/17/2025

MKB, REALTORS(r)

Co-Listed By

Edgar Smith

MKB, REALTORS(r) - OAK GROVE License #0225024966

Last Buyer's Agent

Egon Hofmann

BARKER REALTY CO License #0225170977

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,213

Year Built

  • Built in 1966

Home Design

  • 1,744 Sq Ft Home
  • Duplex
  • Slab Foundation

Schools

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

Additional Features

  • 0.25 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heating
  • Legal Lot and Block 8 / 5

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Boulevard Estates Subdivision

Building Details

  • 1 Leased Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,213

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: Central Cooling
  • CondoAssocYN: No
  • Major Area: 03 - City of Salem
  • NumberLeasedUnits: 1.00
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2025-03-24
  • Water Class: N/A
  • YardSign: Yes
  • 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: East Salem
  • Middle School: Andrew Lewis
  • High School: Salem High

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.25
  • Lot: 8

Building Info

  • Year Built: 1966

Tax Info

  • Taxes (6 mo): 2212.80
  • FILLTAXID: 192-2-7

Multi Family

  • Tenant Pays: Air Conditioning, Electricity, Heating
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2021
Sold by
Pl Properties Llc
Bought by
4S Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Outstanding Balance
$478,875
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$202,404
Source: Public Records

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Range of Values:

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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 $163,750 Investors Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $524,000 Credit Line Revolving
Previous Owner $1,150,000 Commercial
Previous Owner $224,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $279,000 0.0% $160 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
03/17/2025 03/17/25 For Sale $279,000 -- $160 / 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
2024 $992 $165,300 $41,200 $124,100
2023 $1,854 $154,500 $38,700 $115,800
2022 $1,753 $146,100 $33,500 $112,600
2021 $1,703 $141,900 $31,500 $110,400
2020 $1,630 $135,800 $31,500 $104,300
2019 $1,598 $133,200 $31,500 $101,700
2018 $1,558 $132,000 $31,500 $100,500
2017 $1,571 $133,100 $31,500 $101,600
2016 $1,571 $133,100 $31,500 $101,600
2015 $1,510 $128,000 $28,000 $100,000
2014 $1,510 $128,000 $28,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Heather Couture

    Seller's Agent in 2025

    Heather Couture

    MKB, REALTORS(r)

    (540) 520-4011

    55 Total Sales

    Heather Couture
    Section Image

  • E

    Seller Co-Listing Agent in 2025

    Edgar Smith

    MKB, REALTORS(r) - OAK GROVE

    (540) 353-2800

    84 Total Sales

    Edgar Smith
    Section Image
  • Egon Hofmann

    Buyer's Agent in 2025

    Egon Hofmann

    BARKER REALTY CO

    (540) 314-1627

    134 Total Sales

    Egon Hofmann
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 915256

Roanoke Valley Association of REALTORS®

APN: 192-2-7

Virginia Salem City County Salem 24153

2201 Bainbridge Dr Unit 2203, Salem, VA

This home is located at 2201 Bainbridge Dr Unit 2203, Salem, VA 24153 and is currently priced at $279,000, approximately $159 per square foot. This property was built in 1966. 2201 Bainbridge Dr Unit 2203 is a home located in Salem City with nearby schools including East 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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