NOT LISTED FOR SALE

350 Academy St Salem, VA 24153

Estimated Value: $326,000 - $422,000

3 Beds
2.5 Baths
1,834 Sq Ft
$204/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $249,000 $136 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,162/month

69 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Walk-In Closet
  • Salem High School Rated A-
  • Front Porch
  • Storage

About This Home

As of November 2018

PRICE REDUCED!!!Looks can be deceiving! This Cottage/Contemporary is much larger than you think! History meets modern architecture. Original house constructed in 1914 with HUGE addition built in 2010. The architect that lives in this home has given it a New York kind of style. Sidewalk-lined street in one of Salem's most historical neighborhoods. You will love the convenience of walking to the Salem Farmer's Market, Coffee Shops, Library and Restaurants. Enjoy the modern Kitchen and Great Room along with 3 bedrooms and 2.5 baths. Great Room features gorgeous hardwood floors reclaimed from historic Downtown Roanoke Church plus Vintage Lockers from the Old Salem Post Office. You MUST SEE this Unique House! Please be sure to check out the Virtual Tour!

Last Agent to Sell the Property

TERESA E FANT

MKB, REALTORS(r) - SALEM License #0225172758 Listed on: 07/20/2018

Last Buyer's Agent

Karl Ford

MKB, REALTORS(r) License #0225128934

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,861

Year Built

  • Built in 1914

Lot Details

  • 6,229

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,834 Sq Ft Home
  • Bookcases
  • Ceiling Fan
  • Storage
  • Basement

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Front Porch
  • Lot Dimensions are 50x125

Community Details

  • No Home Owners Association
  • Restaurant

Listing and Financial Details

  • Tax Lot 15

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,861

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Ceiling Fan, Storage, Walk-in-Closet
  • Heating System: Forced Air Gas, Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Other - See Remarks
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Electric
  • Cooling System: Central Cooling, Heat Pump Electric
  • BedroomsBREntryLevel: 2
  • BedroomsBRUpperLevel: 1
  • EntryAboveGrdFin Sq Ft: 1466.00
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 2410
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2018-09-27
  • Residential Type: Detached
  • Style Of House: Other - See Remarks
  • SubdivisionMap: SWPT
  • Total Above Grd Fin S Q F T: 1834
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1834.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 576.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 576.00
  • UpperAboveGrdFin Sq Ft: 368.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Schools

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

Lot Info

  • Lot Description: Varied
  • Lot Dimensions: 50x125
  • Property Group Id: 19990816212109142258000000
  • Lot: 15

Building Info

  • Year Built: 1914

Tax Info

  • Taxes (6 mo): 1861.00
  • FILLTAXID: 87-4-2

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
Jul 20, 2018
Closed on
Oct 25, 2018
Sold by
Andrews John R and Andrews Catherine A
Bought by
Trexel James F
Seller's Agent
TERESA E FANT
MKB, REALTORS(r) - SALEM
Buyer's Agent
Karl Ford
MKB, REALTORS(r)
List Price
$255,000
Sold Price
$249,000
Premium/Discount to List
-$6,000
-2.35%
Current Estimated Value
$375,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,032
Avg. Annual Appreciation
6.15%
Original Mortgage
$199,200
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2007
Sold by
Pickard Properties Llc
Bought by
Andrews John R and Andrews Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,800
Interest Rate
6.23%
Mortgage Type
Stand Alone Second
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
Trexel James F $249,000 First Choice Title & Settlem
Andrews John R $114,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trexel James F $182,000
Closed Trexel James F $199,200
Previous Owner Andrews Catherine A $150,000
Previous Owner Andrews John R $7,000
Previous Owner Andrews John R $174,400
Previous Owner Andrews John R $22,800
Previous Owner Andrews John R $91,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2018 11/02/18 Sold $249,000 -2.4% $136 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $255,000 -- $139 / 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 $1,618 $274,200 $44,500 $229,700
2024 $1,498 $249,700 $43,500 $206,200
2023 $2,764 $230,300 $40,100 $190,200
2022 $2,587 $215,600 $38,500 $177,100
2021 $2,437 $203,100 $36,800 $166,300
2020 $2,334 $194,500 $35,100 $159,400
2019 $2,156 $179,700 $33,400 $146,300
2018 $1,861 $157,700 $30,100 $127,600
2017 $1,842 $156,100 $30,100 $126,000
2016 $1,841 $156,000 $30,100 $125,900
2015 $1,789 $151,600 $30,000 $121,600
2014 $1,789 $151,600 $30,000 $121,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 850690

Roanoke Valley Association of REALTORS®

APN: 87-4-2