NOT LISTED FOR SALE

402 Chestnut St Salem, VA 24153

Estimated Value: $269,118 - $322,000

2 Beds
2 Baths
1,080 Sq Ft
$269/Sq Ft Est. Value

Sale Details

Date Sold: June 18, 2025

Last sale price $284,000 $263 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,714 / mo

12 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • Level Lot
  • Front Porch
  • Forced Air Heating and Cooling System

About This Home

As of June 2025

Remodeled one-level living 2 BR 2 BA townhome on a quiet tree-lined street in the heart of Salem. Has living room, dining area, kitchen, laundry, primary bedroom with en-suite & walk-in closet, guest bedroom, hall bath, back deck & storage. Kitchen has new quartz countertops, ceramic backsplash, stainless sink & disposal. New appliances include stainless side-by-side fridge, glass-top electric stove, built-in micro, and dishwasher. Laundry has full-sized clothes washer & dryer. New flooring, paint, lights. This end unit owns flat grassy side lot perfect for croquet! Walk to downtown Salem banks, antiques & restaurants. Chestnut Manor HOA dues are $70/mo include lawn mowing, mulch, shrubs & snow removal.

Last Agent to Sell the Property

Patrick Wilkinson

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225040887 Listed on: 05/09/2025

Last Buyer's Agent

Patrick Wilkinson

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225040887 Listed on: 05/09/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,602

Year Built

  • Built in 2003

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

HOA Fees

  • $70 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Insulated Doors

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • Assigned Parking

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Harriet Voris Association

Listing and Financial Details

  • Tax Lot 1A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,602

Year Built

Built in 2003

Lot Details

7,405 Sq Ft Lot

HOA Fees

$70 per month

Listing Details

  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Deck
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1080.00
  • ExteriorDoors: Insulated
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Phone Email: 540-521-3089
  • P O A Condo Contact Name: Harriet Voris
  • POACondoDues: 70.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 1 Story
  • SubdivisionMap: Hockman Land Co
  • Total Above Grd Fin S Q F T: 1080
  • TotalBdrm: 2
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1080.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Designated Spaces
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.17
  • Lot: 1A

Building Info

  • Year Built: 2003

Tax Info

  • Taxes (6 mo): 2602.00

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
May 9, 2025
Closed on
Jun 5, 2025
Sold by
Cross Properties Inc
Bought by
Martin Sandra B
Seller's Agent
Patrick Wilkinson
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Patrick Wilkinson
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$289,000
Sold Price
$284,000
Premium/Discount to List
-$5,000
-1.73%
Views
64
Current Estimated Value
$290,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,030
Avg. Annual Appreciation
2.44%
Original Mortgage
$134,000
Outstanding Balance
$133,653
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$156,377

Purchase Details

Closed on
Mar 27, 2025
Sold by
Holman Laura G
Bought by
Cross Properties Inc
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
Martin Sandra B $284,000 Old Republic National Title
Cross Properties Inc $215,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Sandra B $134,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2025 06/18/25 Sold $284,000 -1.7% $263 / Sq Ft
05/21/2025 05/21/25 Pending -- -- --
05/09/2025 05/09/25 For Sale $289,000 -- $268 / 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 $1,269 $215,000 $46,600 $168,400
2024 $1,195 $199,200 $43,000 $156,200
2023 $2,141 $178,400 $39,400 $139,000
2022 $1,855 $154,600 $28,800 $125,800
2021 $1,753 $146,100 $25,200 $120,900
2020 $1,717 $143,100 $25,200 $117,900
2019 $1,679 $139,900 $25,200 $114,700
2018 $1,632 $138,300 $25,200 $113,100
2017 $1,632 $138,300 $25,200 $113,100
2016 $1,448 $138,300 $25,200 $113,100
2015 $1,448 $137,200 $25,000 $112,200
2014 $1,448 $137,200 $25,000 $112,200
Source: Public Records

Agents Affiliated with this Home

  • Patrick Wilkinson

    Seller's Agent in 2025

    Patrick Wilkinson

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 777-7000

    25 in this area

    65 Total Sales

    Patrick Wilkinson
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 917094

Roanoke Valley Association of REALTORS®

APN: 144-6-1-402

Virginia Salem City County Salem 24153

402 Chestnut St, 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.

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