NOT LISTED FOR SALE

227 Elm St Salem, VA 24153

Estimated Value: $231,471 - $250,000

3 Beds
1.5 Baths
1,196 Sq Ft
$201/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $210,000 $176 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,321/month

1 Day on Market

Highlights

  • Deck
  • No HOA
  • Walk-In Closet
  • Ranch Style House
  • Covered Patio or Porch
  • Handicap Accessible

About This Home

As of May 2022

This Ranch was beautifully renovated in 2019 and offers one floor living with an open concept. It has new interior and exterior walls, roof, plumbing, electrical, renovated kitchen and baths, windows, lighting, laundry and mudroom leading to a large new deck that is handicap accessible, vinyl installed over handrails on deck to prevent splinters. Master Bedroom has a large walk in closet, 3 total bedrooms, 1.5 baths, heat pump, paved drive and level yard. Walking distance to downtown Salem.

Last Agent to Sell the Property

Jack Frye

YOUNG REALTY COMPANY License #0225107868 Listed on: 03/09/2022

Last Buyer's Agent

Christina Defibaugh

ZENITH HORIZON REALTY LLC License #0225093070

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,539

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 70 x 155
  • Level Lot
  • Garden

Home Design

  • 1,196 Sq Ft Home
  • Ranch Style House

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Sump Pump

Parking

  • 4 Open Parking Spaces
  • 2 Parking Spaces
  • Detached Carport Space
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot Parcel 1&10ft LT2Elm

Community Details

Overview

  • No Home Owners Association

Amenities

  • Restaurant
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,539

Year Built

Built in 1940

Lot Details

0.25 Acres

Listing Details

  • Interior Features: Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator, Sump Pump
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Garden Space, Paved Driveway
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1196.00
  • ExteriorDoors: Fiberglass, Full View
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Detached
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1196
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1196.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 273.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 273.00
  • 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: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Handicap Access

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 70 x 155
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.25
  • Lot: Parcel 1&10ft LT2Elm

Building Info

  • Year Built: 1940

Tax Info

  • Taxes (6 mo): 1539.00

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
Mar 14, 2023
Sold by
Shipp Bertis Nolan and Shipp Pamela Belle
Bought by
Bertis Nolan Shipp Jr Revocable Trust
Current Estimated Value
$240,368

Purchase Details

Listed on
Mar 9, 2022
Closed on
Mar 31, 2022
Sold by
Montgomery Terri A and Evans Shelley
Bought by
Shipp Bertis Nolan and Shipp Pamela Belle
Seller's Agent
Jack Frye
YOUNG REALTY COMPANY
Buyer's Agent
Christina Defibaugh
ZENITH HORIZON REALTY LLC
List Price
$209,000
Sold Price
$210,000
Premium/Discount to List
$1,000
0.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%

Purchase Details

Listed on
Sep 12, 2019
Closed on
Sep 20, 2019
Sold by
Infinity Investment Properties Llc
Bought by
Montgomery Terri M and Montgomery Shelley Evans
Seller's Agent
Angel Lane
WAINWRIGHT & CO., REALTORS(r)
Buyer's Agent
Lori Mccarren
WAINWRIGHT & CO., REALTORS(r)
List Price
$169,950
Sold Price
$165,000
Premium/Discount to List
-$4,950
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%

Purchase Details

Closed on
Feb 19, 2019
Sold by
Rich David Rich and Rich Randall
Bought by
Infinity Investment Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bertis Nolan Shipp Jr Revocable Trust -- --
Shipp Bertis Nolan $210,000 Acquisition Title
Montgomery Terri M $165,000 Acquisition Ttl & Setmnt Agc
Infinity Investment Properties Llc $36,000 First Choice Title & Settlem
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2022 05/10/22 Sold $210,000 +0.5% $176 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $209,000 +26.7% $175 / Sq Ft
09/20/2019 09/20/19 Sold $165,000 -2.9% $138 / Sq Ft View Prior Sale
09/14/2019 09/14/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $169,950 -- $142 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $1,047 $177,400 $42,500 $134,900
2024 $986 $164,300 $41,300 $123,000
2023 $1,739 $144,900 $38,400 $106,500
2022 $1,538 $128,200 $31,900 $96,300
2021 $1,475 $122,900 $30,100 $92,800
2020 $1,411 $117,600 $30,100 $87,500
2019 $803 $66,900 $30,100 $36,800
2018 $866 $73,400 $30,100 $43,300
2017 $859 $72,800 $30,100 $42,700
2016 $859 $72,800 $30,100 $42,700
2015 $805 $68,200 $26,500 $41,700
2014 $805 $68,200 $26,500 $41,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 887521

Roanoke Valley Association of REALTORS®

APN: 143-3-21

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