NOT LISTED FOR SALE

2408 Ellison Ave Salem, VA 24153

Estimated Value: $219,808 - $238,000

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

Last Sold February 08, 2022

Last sale price $176,000 $187 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,260/month

4 Days on Market

Highlights

  • No HOA
  • Fenced Yard
  • 1-Story Property
  • Covered Patio or Porch
  • Shed
  • Central Air

About This Home

As of February 2022

This one's a cutie with a lot of updates! Newer Pantry, Kitchen, HVAC and Carpet -all updated within the past 3 years! The fenced-in backyard compliments the large covered patio with direct access to a large storage building and nicely paved driveway. One Level Living in the heart of Salem!

Last Agent to Sell the Property

Stacey Porter

REAL BROKER LLC - MCLEAN License #0225231677 Listed on: 12/30/2021

REAL BROKER LLC - MCLEAN

Last Buyer's Agent

Cody Simpkins

WELCOME HOME REAL ESTATE License #0225239653

WELCOME HOME REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,324

Year Built

  • Built in 1965

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced Yard
  • Gentle Sloping Lot

Home Design

  • Slab Foundation

Interior Spaces

  • 940 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump 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 23 / 9

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,324

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Heat Pump Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Fenced Yard, Patio, Paved Driveway, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 940.00
  • ExteriorDoors: Fiberglass, Wood
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Comcast
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 940
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 940.00
  • UncoveredNumberSpaces: 3.00
  • 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

Utilities

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

Lot Info

  • Lot Description: Gentle Slope
  • Lot Dimensions: 9453
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.22
  • Lot: 23
  • Phase: 1

Building Info

  • Year Built: 1965

Tax Info

  • Taxes (6 mo): 1323.60

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
Dec 30, 2021
Closed on
Jan 3, 2022
Sold by
Dalia Rios
Bought by
Grant Sarah Elizabeth
Seller's Agent
Stacey Porter
REAL BROKER LLC - MCLEAN
Buyer's Agent
Cody Simpkins
WELCOME HOME REAL ESTATE
List Price
$174,500
Sold Price
$176,000
Premium/Discount to List
$1,500
0.86%
Current Estimated Value
$226,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,617
Avg. Annual Appreciation
6.51%
Original Mortgage
$171,150
Outstanding Balance
$158,642
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$67,310

Purchase Details

Listed on
May 11, 2021
Closed on
Jun 24, 2021
Sold by
Lee Jefferson P and Lee Brianna L
Bought by
Rios Dalia
Seller's Agent
Nancy Hawkins
REAL BROKER LLC - MCLEAN
Buyer's Agent
Stacey Porter
REAL BROKER LLC - MCLEAN
List Price
$169,950
Sold Price
$169,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$102,342
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 24, 2019
Sold by
Preas Robert W and Preas Norma Gay
Bought by
Via Brianna L and Lee Jefferson P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,024
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2011
Sold by
David Lucas Development Llc
Bought by
Burton Clarence L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,950
Interest Rate
4.74%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Grant Sarah Elizabeth $176,450 First American Title
Rios Dalia $169,950 Old Republic Natl Ttl Ins Co
Via Brianna L $139,200 First Choice Title & Setmnt
Burton Clarence L $127,950 Century Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant Sarah Elizabeth $171,150
Previous Owner Rios Dalia $102,342
Previous Owner Via Brianna L $135,024
Previous Owner Burton Clarence L $174,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2022 02/08/22 Sold $176,000 +0.9% $187 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $174,500 +2.7% $186 / Sq Ft
06/24/2021 06/24/21 Sold $169,950 0.0% $181 / Sq Ft View Prior Sale
05/17/2021 05/17/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $169,950 -- $181 / 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
2025 $1,038 $176,000 $40,900 $135,100
2024 $973 $162,100 $39,900 $122,200
2023 $1,733 $144,400 $37,200 $107,200
2022 $1,555 $129,600 $31,900 $97,700
2021 $1,372 $114,300 $28,700 $85,600
2020 $1,324 $110,300 $28,700 $81,600
2019 $1,127 $93,900 $28,700 $65,200
2018 $1,099 $93,100 $28,700 $64,400
2017 $1,088 $92,200 $28,700 $63,500
2016 $1,088 $92,200 $28,700 $63,500
2015 $1,061 $89,900 $27,000 $62,900
2014 $1,061 $89,900 $27,000 $62,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Stacey Porter

    REAL BROKER LLC - MCLEAN

    (540) 915-8136

    10 in this area

    75 Total Sales

    Stacey Porter
    Section Image
  • Cody Simpkins

    Buyer's Agent in 2022

    Cody Simpkins

    WELCOME HOME REAL ESTATE

    (540) 808-6369

    4 in this area

    98 Total Sales

    Cody Simpkins
    Section Image
  • Nancy Hawkins

    Seller's Agent in 2021

    Nancy Hawkins

    REAL BROKER LLC - MCLEAN

    (540) 580-6227

    3 in this area

    41 Total Sales

    Nancy Hawkins
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 886052

Roanoke Valley Association of REALTORS®

APN: 238-2-18

Virginia Salem City County Salem 24153

2408 Ellison Ave, Salem, VA

Not Listed for Sale

Detached

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.

Nearby Homes