NOT LISTED FOR SALE

2400 Ellison Ave Salem, VA 24153

Estimated Value: $208,000 - $242,000

3 Beds
1 Bath
953 Sq Ft
$240/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $127,500 $134 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,235/month

2 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Patio
  • No HOA
  • Rear Porch
  • 1-Story Property

About This Home

As of July 2020

Perfect starter home in the City of Salem! One level living with welcoming neutral paint throughout makes this 3 Bed, 1 Bath home move in ready. Updated kitchen leads out a sliding glass door to a backyard garden oasis, partially fenced, with mature, established landscaping! Well-maintained by the same owner for many years. This home is just waiting for the next owner to move in and start making memories!

Last Agent to Sell the Property

Christina Sword

VARNEY REALTY PARTNERS License #0225235816 Listed on: 05/18/2020

Last Buyer's Agent

William Jones

THE GOOD SIGN REAL ESTATE CO. License #0225230524

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,117

Year Built

  • Built in 1961

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced Yard
  • Level Lot
  • Garden
  • Property is zoned RSF

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 953 Sq Ft Home
  • 1-Story Property
  • Sliding Doors

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Rear Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Southside Hills Subdivision

Listing and Financial Details

  • Legal Lot and Block 25 / 9

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,117

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan(s)
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Electric, Refrigerator
  • Cooling System: Central Air
  • Outside Features: Deck, Fenced Yard, Garden Space, Patio, Paved Driveway, Shed(s)
  • Views: Mountain(s)
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 953.00
  • ExteriorDoors: Sliding, Wood
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Comcast/Xfinity
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBROtherLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 953
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 953.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Rear Porch, Side Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV

Lot Info

  • Lot Description: Level
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.19
  • Lot: 25
  • ZoningCode: RSF

Building Info

  • Year Built: 1961

Tax Info

  • Taxes (6 mo): 1117.20

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Jul 8, 2020
Sold by
Nichols Jacqueline W
Bought by
Cuddy Brian S
Seller's Agent
Christina Sword
VARNEY REALTY PARTNERS
Buyer's Agent
William Jones
THE GOOD SIGN REAL ESTATE CO.
List Price
$120,000
Sold Price
$127,500
Premium/Discount to List
$7,500
6.25%
Current Estimated Value
$217,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,013
Avg. Annual Appreciation
11.10%
Original Mortgage
$125,190
Outstanding Balance
$111,010
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$117,697
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cuddy Brian S $127,500 Performance Title & Setmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuddy Brian S $125,190
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2020 07/08/20 Sold $127,500 +6.3% $134 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $120,000 -- $126 / 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 $972 $164,700 $40,200 $124,500
2024 $909 $151,500 $39,200 $112,300
2023 $1,621 $135,100 $36,600 $98,500
2022 $1,453 $121,100 $31,300 $89,800
2021 $1,225 $102,100 $28,200 $73,900
2020 $1,175 $97,900 $28,200 $69,700
2019 $1,117 $93,100 $28,200 $64,900
2018 $1,089 $92,300 $28,200 $64,100
2017 $1,079 $91,400 $28,200 $63,200
2016 $1,079 $91,400 $28,200 $63,200
2015 $1,074 $91,000 $27,000 $64,000
2014 $1,074 $91,000 $27,000 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 869479

Roanoke Valley Association of REALTORS®

APN: 238-2-20