NOT LISTED FOR SALE

400 Hemlock Rd Salem, VA 24153

Estimated Value: $95,000 - $126,000

0.95 Acre
$116,316 Price per Acre
41,382 Sq Ft Lot

Last Sold August 23, 2022

Last sale price $27,500

Est. 302% increase in value since last sale

Current estimated payment $607/month

127 Days on Market

Highlights

  • 0.95 Acre Lot
  • Wooded Lot
  • Gentle Sloping Lot
  • Salem High School Rated A-
  • No HOA

About This Lot

As of August 2022

Looking to build? This almost one acre, corner lot in the City of Salem has so many possibilities. This lot has great road frontage and may have potential for multi-family zoning. Convenientlylocated right off of 419 makes commuting to Roanoke, Botetourt, Salem, and even New Castle a breeze. City utilities are available which include electric, water and sewer. Don't miss thisopportunity to own property in Salem.

Last Agent to Sell the Property

Dana Berenbaum

MKB, REALTORS(r) License #0225219400 Listed on: 03/17/2022

MKB, REALTORS(r)

Co-Listed By

Kim Booth

MKB, REALTORS(r) License #0225254767

Last Buyer's Agent

Dana Berenbaum

MKB, REALTORS(r) License #0225219400 Listed on: 03/17/2022

MKB, REALTORS(r)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $371

Lot Details

  • 0.95 Acre Lot
  • Gentle Sloping Lot
  • Wooded Lot

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3

Property Details

Property Type

Land

Est. Annual Taxes

$371

Lot Details

0

Listing Details

  • Type: Land
  • CondoAssocYN: No
  • ElectricDescription: Available
  • Land Sub Type: Residential - Single Family
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Gas Description: Natural Gas
  • Sewer Description: Public Sewer
  • Water Description: Public Water

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Gentle Slope, Varied
  • Total Acreage: 0.95
  • Lot: 3
  • Land Type: Lot

Tax Info

  • Taxes (6 mo): 370.80

MLS Schools

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

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

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2022 08/23/22 Sold $27,500 -11.0% --
07/22/2022 07/22/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $30,900 -- --
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 $338 $57,300 $57,300 $0
2024 $280 $46,700 $46,700 $0
2023 $532 $44,300 $44,300 $0
2022 $461 $38,400 $38,400 $0
2021 $437 $36,400 $36,400 $0
2020 $437 $36,400 $36,400 $0
2019 $437 $36,400 $36,400 $0
2018 $430 $36,400 $36,400 $0
2017 $430 $36,400 $36,400 $0
2016 $430 $36,400 $36,400 $0
2015 $413 $35,000 $35,000 $0
2014 $413 $35,000 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Dana Berenbaum

    Seller's Agent in 2022

    Dana Berenbaum

    MKB, REALTORS(r)

    (540) 521-4424

    58 in this area

    209 Total Sales

    Dana Berenbaum
    Section Image
  • Kim Booth

    Seller Co-Listing Agent in 2022

    Kim Booth

    MKB, REALTORS(r)

    (540) 793-4440

    36 in this area

    132 Total Sales

    Kim Booth
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 887758

Roanoke Valley Association of REALTORS®

APN: 151-2-4

Virginia Salem City County Salem 24017

400 Hemlock Rd, Salem, VA

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