NOT LISTED FOR SALE

360 N Broad St Salem, VA 24153

Estimated Value: $396,602 - $471,000

3 Beds
3.5 Baths
2,108 Sq Ft
$206/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $386,500 $183 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,471/month

26 Days on Market

Highlights

  • No HOA
  • Patio
  • Shed
  • Bay Window
  • Restaurant
  • Garden

About This Home

As of August 2022

Solid 1930's home in the heart of Salem. Simply step out of your front door to the sidewalk lined streets and enjoy a quick walk to the Farmer's Market on Saturday mornings or take an evening stroll through the Roanoke College campus. Located on one of Salem's most desirable streets,you will be within walking distance to all of Downtown Salem's welcoming storefronts &amenities! From the well maintained hardwoods throughout to the built-in bookshelves to the beautiful wooden staircase with elegant curved railings, the next owner will be afforded a unique opportunity to breathe new life into this historic 3BR/3BA home. Updates include replacement windows, a generator, roof, and oversized gutters with gutter guards. Come take a tour and envision turning this charming house into your HOME

Last Agent to Sell the Property

Dana Berenbaum

MKB, REALTORS(r) License #0225219400 Listed on: 06/02/2022

MKB, REALTORS(r)

Last Buyer's Agent

Sarah Bernard

COLDWELL BANKER TOWNSIDE, REALTORS(r) License #0225308884

COLDWELL BANKER TOWNSIDE, REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,278

Year Built

  • Built in 1938

Lot Details

  • 0.56 Acre Lot
  • Level Lot
  • Garden

Parking

  • Off-Street Parking

Home Design

  • Stone Siding

Interior Spaces

  • 2,108 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Gas Log Fireplace
  • Bay Window
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Schools

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

Utilities

  • Central Air
  • Radiator
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,278

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Gas Log Fireplace
  • Heating System: Radiator Gas Heat
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Cook Top, Dishwasher, Range Hood, Refrigerator, Wall Oven
  • Cooling System: Central Cooling
  • Outside Features: Bay Window, Garden Space, Patio, Paved Driveway, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1104.00
  • Fireplace Number Fireplaces: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Comcast
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 2108
  • TotalBdrm: 3
  • TotalBths: 3.10
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2108.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 1004.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1004.00
  • UpperAboveGrdFin Sq Ft: 1004.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Maint-Free Exterior

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.56

Building Info

  • Year Built: 1938

Tax Info

  • Taxes (6 mo): 3278.40

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
Jun 2, 2022
Closed on
Jul 11, 2022
Sold by
Donald M Sutton Sr Revocable Trust
Bought by
Wiser Dustie and Wiser Neal A
Seller's Agent
Dana Berenbaum
MKB, REALTORS(r)
Buyer's Agent
Sarah Bernard
COLDWELL BANKER TOWNSIDE, REALTORS(r)
List Price
$385,000
Sold Price
$386,500
Premium/Discount to List
$1,500
0.39%
Current Estimated Value
$434,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,151
Avg. Annual Appreciation
3.43%
Original Mortgage
$400,414
Outstanding Balance
$383,216
Interest Rate
5.81%
Mortgage Type
VA
Estimated Equity
$51,435
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
Wiser Dustie $386,500 Acquisition Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiser Dustie $400,414
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2022 08/05/22 Sold $386,500 +0.4% $183 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $385,000 -- $183 / 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 $1,965 $333,100 $85,100 $248,000
2024 $1,844 $307,400 $79,200 $228,200
2023 $3,433 $286,100 $73,100 $213,000
2022 $3,278 $273,200 $70,000 $203,200
2021 $3,170 $264,200 $67,000 $197,200
2020 $3,097 $258,100 $63,900 $194,200
2019 $2,908 $242,300 $60,900 $181,400
2018 $2,765 $234,300 $54,800 $179,500
2017 $2,738 $232,000 $54,800 $177,200
2016 $2,738 $232,000 $54,800 $177,200
2015 $2,579 $218,600 $51,400 $167,200
2014 $2,579 $218,600 $51,400 $167,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 890078

Roanoke Valley Association of REALTORS®

APN: 87-5-6