NOT LISTED FOR SALE

320 Schrader St Salem, VA 24153

Estimated Value: $216,000 - $227,000

2 Beds
1 Bath
1,043 Sq Ft
$212/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $152,000 $146 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,265/month

Highlights

  • 1.83 Acre Lot
  • Deck
  • Ranch Style House
  • Salem High School Rated A-
  • Hilly Lot
  • No HOA

About This Home

As of July 2021

One level living located on approx 2 acres in the City of Salem! Minutes to downtown Salem, Roanoke College and I-81. Privacy and convenience make this adorable home a must see! Newer roof, hot water heater, garden space and large deck. New furnace in 2018 and outbuilding with electricity. Updated kitchen, floors and bathroom. This home would be perfect for an AirBNB, first time homebuyer or just someone looking to downsize.

Last Agent to Sell the Property

Ginger Francis

LONG & FOSTER - ROANOKE OFFICE License #0225199674 Listed on: 06/17/2021

LONG & FOSTER - ROANOKE OFFICE

Co-Listed By

Glenda Morris

LONG & FOSTER - ROANOKE OFFICE License #0225210824

Last Buyer's Agent

Jack Richards

RICHARDS & STONE, REALTORS(r) License #0225099446

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,428

Year Built

  • Built in 1954

Lot Details

  • 1.83 Acre Lot
  • Level Lot
  • Hilly Lot
  • Garden

Home Design

  • Ranch Style House

Interior Spaces

  • 1,043 Sq Ft Home
  • Skylights
  • Laundry on main level
  • Property Views
  • Basement

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

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

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Front Porch

Schools

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

Utilities

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

Community Details

Overview

  • No Home Owners Association
  • Mason Creek Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,428

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Interior Features: Skylight, Walk-in-Closet
  • Heating System: Forced Air Gas
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Other - See Remarks
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Deck, Garden Space, Patio, Storage Shed
  • Views: Sunrise, Sunset
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1043.00
  • ExteriorDoors: Fiberglass
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1043
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Detached
  • RatifiedContractDt: 2021-06-22
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1043
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1043.00
  • UncoveredNumberSpaces: 2.00
  • 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: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior

Schools

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

Lot Info

  • Lot Description: Hilly, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.83

Building Info

  • Year Built: 1954

Tax Info

  • Taxes (6 mo): 1428.00
  • FILLTAXID: 115-1-5

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jul 28, 2021
Sold by
Moore Ashley P
Bought by
Watson Sandra Underwood
Seller's Agent
Ginger Francis
LONG & FOSTER - ROANOKE OFFICE
Buyer's Agent
Jack Richards
RICHARDS & STONE, REALTORS(r)
List Price
$164,950
Sold Price
$152,000
Premium/Discount to List
-$12,950
-7.85%
Current Estimated Value
$220,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,950
Avg. Annual Appreciation
9.36%
Original Mortgage
$144,400
Outstanding Balance
$131,363
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$89,587

Purchase Details

Listed on
Sep 8, 2017
Closed on
Nov 14, 2017
Sold by
Hodgkin Michael
Bought by
Moore Ashley P
Seller's Agent
Janie Whitlow
THE REAL ESTATE GROUP
Buyer's Agent
Tammy Parrish
MKB, REALTORS(r)
List Price
$119,500
Sold Price
$121,000
Premium/Discount to List
$1,500
1.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$118,790
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 2007
Sold by
Brown Kenneth R
Bought by
Hodgkin Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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
Watson Sandra Underwood $152,000 Fidelity National Ttl Ins Co
Moore Ashley P $121,000 None Available
Hodgkin Michael $113,000 Star City Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Sandra Underwood $144,400
Previous Owner Moore Ashley P $118,790
Previous Owner Hodgkin Michael $90,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $152,000 -7.9% $146 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $164,950 +36.3% $158 / Sq Ft
11/17/2017 11/17/17 Sold $121,000 +1.3% $116 / Sq Ft
09/17/2017 09/17/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $119,500 -- $115 / 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 $1,123 $190,400 $63,200 $127,200
2024 $1,016 $169,300 $52,600 $116,700
2023 $1,846 $153,800 $50,200 $103,600
2022 $1,651 $137,600 $43,600 $94,000
2021 $1,465 $122,100 $41,600 $80,500
2020 $1,428 $119,000 $41,600 $77,400
2019 $1,386 $115,500 $41,600 $73,900
2018 $1,317 $111,600 $41,600 $70,000
2017 $1,306 $110,700 $41,600 $69,100
2016 $1,306 $110,700 $41,600 $69,100
2015 $1,285 $108,900 $40,900 $68,000
2014 $1,285 $108,900 $40,900 $68,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Ginger Francis

    LONG & FOSTER - ROANOKE OFFICE

    (540) 580-2447

    4 in this area

    71 Total Sales

    Ginger Francis
    Section Image

  • G

    Seller Co-Listing Agent in 2021

    Glenda Morris

    LONG & FOSTER - ROANOKE OFFICE

    (540) 355-0031

    23 in this area

    135 Total Sales

    Glenda Morris
    Section Image

  • J

    Buyer's Agent in 2021

    Jack Richards

    RICHARDS & STONE, REALTORS(r)

    (540) 520-5928

    4 in this area

    36 Total Sales

    Jack Richards
    Section Image

  • J

    Seller's Agent in 2017

    Janie Whitlow

    THE REAL ESTATE GROUP

    (540) 353-2461

    28 in this area

    77 Total Sales

    Janie Whitlow
    Section Image
  • Tammy Parrish

    Buyer's Agent in 2017

    Tammy Parrish

    MKB, REALTORS(r)

    (540) 354-7002

    4 in this area

    48 Total Sales

    Tammy Parrish
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 881000

Roanoke Valley Association of REALTORS®

APN: 115-1-5

Virginia Salem City County Salem 24153

320 Schrader St, Salem, VA

This home is located at 320 Schrader St, Salem, VA 24153 since 17 June 2021 and is currently estimated at $220,950, approximately $211 per square foot. This property was built in 1954. 320 Schrader St is a home located in Salem City with nearby schools including East 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.

Nearby Homes