NOT LISTED FOR SALE

232 N Broad St Salem, VA 24153

Estimated Value: $428,646

0.35 Acre
$1,224,703 Price per Acre
15,246 Sq Ft Lot

Last Sold April 15, 2022

Last sale price $160,950

Est. 166% increase in value since last sale

Current estimated payment $2,505/month

4 Days on Market

Highlights

  • City View
  • No HOA
  • Gentle Sloping Lot
  • Salem High School Rated A-

About This Lot

As of April 2022

Prime location on one of Salem's most desirable streets, surrounded by grand historic homes. This is a 130' wide lot, approximately 112' deep. Gently sloped toward the back of the lot. Easy walk to all that Downtown Salem has to offer. Truly a unicorn listing!!

Last Agent to Sell the Property

Amber Mason

MKB, REALTORS(r) License #0225226234 Listed on: 03/04/2022

MKB, REALTORS(r)

Last Buyer's Agent

Egon Hofmann

BARKER REALTY CO License #0225170977

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $701

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 130x111x137x113
  • Gentle Sloping Lot

Property Views

  • City Views

Schools

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

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$701

Lot Details

0

Listing Details

  • Road Frontage: 130.00
  • Type: Land
  • Views: City
  • CondoAssocYN: No
  • ElectricDescription: Available
  • Land Sub Type: Undeveloped
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2022-03-08
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 130x111x137x113
  • Property Group Id: 19990816212131825981000000
  • Land Description: Gentle Slope
  • Total Acreage: 0.35
  • Land Type: Lot
  • ZoningCode: SFR

Tax Info

  • Taxes (6 mo): 700.80
  • FILLTAXID: 87-7-7.1

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
Mar 4, 2022
Closed on
Mar 30, 2022
Sold by
Trustees Of Roanoke College
Bought by
Matzuga Robert C and Matzuga Crystal C
Seller's Agent
Amber Mason
MKB, REALTORS(r)
Buyer's Agent
Egon Hofmann
BARKER REALTY CO
List Price
$99,900
Sold Price
$160,950
Premium/Discount to List
$61,050
61.11%
Current Estimated Value
$428,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,696
Avg. Annual Appreciation
32.62%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Matzuga Robert C $160,950 Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $160,950 +61.1% --
03/08/2022 03/08/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $99,900 -- --
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 -- $262,400 $204,800 $57,600
2024 -- $250,600 $193,000 $57,600
2023 $2,786 $232,200 $174,600 $57,600
2022 $1,738 $144,800 $106,400 $38,400
2021 $863 $147,800 $109,400 $38,400
2020 $1,744 $147,800 $109,400 $38,400
2019 $1,744 $147,800 $109,400 $38,400
2018 $1,744 $147,800 $109,400 $38,400
2017 $863 $73,100 $73,100 $0
2016 $863 $73,100 $73,100 $0
2015 -- $73,100 $73,100 $0
2014 -- $73,100 $73,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Amber Mason

    Seller's Agent in 2022

    Amber Mason

    MKB, REALTORS(r)

    (540) 520-9784

    20 in this area

    45 Total Sales

    Amber Mason
    Section Image
  • Egon Hofmann

    Buyer's Agent in 2022

    Egon Hofmann

    BARKER REALTY CO

    (540) 314-1627

    36 in this area

    132 Total Sales

    Egon Hofmann
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 887432

Roanoke Valley Association of REALTORS®

APN: 87-7-7

Virginia Salem City County Salem 24153

232 N Broad St, Salem, VA

This home is located at 232 N Broad St, Salem, VA 24153 since 04 March 2022 and is currently estimated at $428,646. 232 N Broad 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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