NOT LISTED FOR SALE

365 N Broad St Salem, VA 24153

Estimated Value: $648,000 - $806,000

4 Beds
3.5 Baths
4,306 Sq Ft
$166/Sq Ft Est. Value

Last Sold June 06, 2017

Last sale price $599,950 $139 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,191/month

5 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • No HOA
  • Salem High School Rated A-
  • Living Room with Fireplace
  • Covered Patio or Porch

About This Home

As of June 2017

Spectacular 2 Story home in very sought after Salem neighborhood. Close to farmer's market and downtown Salem.This unique home has over 4300 sq. ft. of living space. Five bedrooms & three & one-half baths. Totally renovated throughout.Relax on the rocking chair covered front porch or entertain on back patio with pool and screened gazebo. Large, beautifully landscaped yard. Spacious gourmet kitchen with granite counters.Large living room with gas fireplace. Lovely formal dining room.Family room off kitchen.Huge master suite with adjoining office and upstairs laundry.Beautiful hardwood floors.Built-in bookshelves. Double attached garage. Tons of character throughout.

Last Agent to Sell the Property

Thomas Stover

MKB, REALTORS(r) - OAK GROVE License #0225001234 Listed on: 04/13/2017

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $4,357

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 100x290.57
  • Level Lot

Interior Spaces

  • 4,306 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling Fan
  • Gas Log Fireplace
  • French Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Partial Basement
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch
  • Play Equipment

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Radiator
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$4,357

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Breakfast Area, Ceiling Fan, Gas Log Fireplace
  • Heating System: Heat Pump Electric, Radiator Gas Heat, Zoned Heat
  • Fireplace(s): Living Room, Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Cook Top, Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Wall Oven
  • Cooling System: Heat Pump Electric, Zoned Cooling
  • Outside Features: Covered Porch, Deck, In-Ground Pool, Playhouse
  • BedroomsBRUpperLevel: 4
  • EntryAboveGrdFin Sq Ft: 2153.00
  • ExteriorDoors: French, Wood
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 4306
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryUpperLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2017-04-18
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 4306
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 4306.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 2153.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Cable TV

Schools

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

Green Features

  • Energy Features: Attic Fan

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 100x290.57
  • Property Group Id: 19990816212109142258000000

Building Info

  • Year Built: 1890

Tax Info

  • Taxes (6 mo): 4357.00
  • FILLTAXID: 87-4-14

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
Apr 13, 2017
Closed on
Jun 5, 2017
Sold by
Hines James E and Hines Lynne M
Bought by
Cromer Stephen F and Cromer Jessica M
Seller's Agent
Thomas Stover
MKB, REALTORS(r) - OAK GROVE
List Price
$599,950
Sold Price
$599,950
Current Estimated Value
$715,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,438
Avg. Annual Appreciation
2.15%
Original Mortgage
$599,950
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Listed on
May 29, 2012
Closed on
Aug 3, 2012
Sold by
Martin Robert E and Martin Tracy S
Bought by
Hines James E and Hines Lynne M
Seller's Agent
Thomas Stover
MKB, REALTORS(r) - OAK GROVE
Buyer's Agent
Thomas Stover
MKB, REALTORS(r) - OAK GROVE
List Price
$599,950
Sold Price
$557,000
Premium/Discount to List
-$42,950
-7.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.55%
Original Mortgage
$417,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2008
Sold by
Sink Jarrell L and Sink Sue E
Bought by
Martin Robert E and Martin Tracy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,000
Interest Rate
5.91%
Mortgage Type
Credit Line Revolving
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
Cromer Stephen F $599,950 Fidelity National Title
Hines James E $557,000 First American Title Ins
Martin Robert E -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cramer Stephen F $534,500
Closed Cromer Stephen F $599,950
Previous Owner Hines James E $417,000
Previous Owner Martin Robert E $527,000
Previous Owner Sink Jarrell L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2017 06/06/17 Sold $599,950 0.0% $139 / Sq Ft
04/18/2017 04/18/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $599,950 +7.7% $139 / Sq Ft
08/06/2012 08/06/12 Sold $557,000 -7.2% $129 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
05/29/2012 05/29/12 For Sale $599,950 -- $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 $3,884 $658,300 $94,100 $564,200
2024 $3,520 $586,700 $86,400 $500,300
2023 $6,733 $561,100 $79,800 $481,300
2022 $6,164 $513,700 $76,400 $437,300
2021 $5,977 $498,100 $73,100 $425,000
2020 $5,789 $482,400 $69,800 $412,600
2019 $5,452 $454,300 $66,500 $387,800
2018 $5,288 $448,100 $59,800 $388,300
2017 $4,357 $369,200 $59,800 $309,400
2016 $4,293 $363,800 $59,800 $304,000
2015 $4,145 $351,300 $61,200 $290,100
2014 $4,145 $351,300 $61,200 $290,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 836230

Roanoke Valley Association of REALTORS®

APN: 87-4-14