NOT LISTED FOR SALE

243 Elm St Salem, VA 24153

Estimated Value: $235,000 - $274,675

1 Bed
1 Bath
850 Sq Ft
$294/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $169,950 $200 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,422/month

65 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Ceiling Fan
  • Salem High School Rated A-
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of March 2021

Great home in central Salem location. Large (1632 square foot) two story addition in back with tons of potential. Addition is framed for 4 bedrooms, 2 baths. Needs to be finished but it could be a great 2 family home or duplex with a little work, all wire and plumbing already installed. Separate gas forced air heat and central air. Basement is partitioned for 4 rooms.

Last Agent to Sell the Property

Hamp Maxwell

BARKER REALTY CO License #0225021466 Listed on: 11/30/2020

Last Buyer's Agent

Angel Lane

WAINWRIGHT & CO., REALTORS(r) License #0225096830

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 55x156
  • Level Lot

Interior Spaces

  • 850 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Partial Basement

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot PT LT 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,920

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Clothes Washer, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 850.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 3332
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2021-02-03
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 850
  • TotalBdrm: 1
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 850.00
  • TotalUnfin Sq Ft: 2482.00
  • Unfinished Attached S Q F T Entry Above Grd Unfin S Q F T: 816.00
  • Unfinished Attached S Q F T Entry Below Grd Unfin S Q F T: 850.00
  • Unfinished Attached S Q F T Upper Above Grd Unfin S Q F T: 816.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

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: Cable TV

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 55x156
  • Property Group Id: 19990816212109142258000000
  • Lot: PT LT 6

Building Info

  • Year Built: 1959

Tax Info

  • Taxes (6 mo): 1920.00
  • FILLTAXID: 143-3-17

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
Nov 30, 2020
Closed on
Mar 10, 2021
Sold by
Francisco Donald L and Francisco Marsha J
Bought by
Harrell Philip Jordan
Seller's Agent
Hamp Maxwell
BARKER REALTY CO
Buyer's Agent
Angel Lane
WAINWRIGHT & CO., REALTORS(r)
List Price
$169,950
Sold Price
$169,950
Total Days on Market
65
Current Estimated Value
$249,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,719
Avg. Annual Appreciation
9.60%
Original Mortgage
$161,452
Outstanding Balance
$145,059
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$113,058
Source: Public Records

Range of Values:

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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
Harrell Philip Jordan $169,950 Sage Title Group Llc
Harrell Philip Jordan $169,950 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrell Philip Jordan $161,452
Closed Harrell Philip Jordan $161,452
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $169,950 0.0% $200 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
11/30/2020 11/30/20 For Sale $169,950 -- $200 / 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 $1,185 $200,800 $39,600 $161,200
2024 $1,187 $197,800 $38,500 $159,300
2023 $2,219 $184,900 $35,700 $149,200
2022 $2,035 $169,600 $29,700 $139,900
2021 $1,998 $166,500 $28,000 $138,500
2020 $1,926 $160,500 $28,000 $132,500
2019 $1,890 $157,500 $28,000 $129,500
2018 $990 $83,900 $28,000 $55,900
2017 $968 $82,000 $28,000 $54,000
2016 $968 $82,000 $28,000 $54,000
2015 $968 $82,000 $25,500 $56,500
2014 $968 $82,000 $25,500 $56,500
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Hamp Maxwell

    BARKER REALTY CO

    (540) 389-1100

    8 in this area

    22 Total Sales

    Hamp Maxwell
    Section Image

  • A

    Buyer's Agent in 2021

    Angel Lane

    WAINWRIGHT & CO., REALTORS(r)

    (540) 915-1416

    26 in this area

    147 Total Sales

    Angel Lane
    Section Image
  • Lori Mccarren

    Buyer Co-Listing Agent in 2021

    Lori Mccarren

    WAINWRIGHT & CO., REALTORS(r)

    (540) 819-7388

    22 in this area

    137 Total Sales

    Lori Mccarren
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 875404

Roanoke Valley Association of REALTORS®

APN: 143-3-17

Virginia Salem City County Salem 24153

243 Elm St, Salem, VA

This home is located at 243 Elm St, Salem, VA 24153 since 30 November 2020 and is currently estimated at $249,669, approximately $293 per square foot. This property was built in 1959. 243 Elm 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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