$369,000
SOLD MAY 7, 2026

403 Lake Ave Salem, VA 24153

Salem Area
4 Beds
2.5 Baths
2,088 Sq Ft
0.5 Acre Lot

Sale Details

Date Sold: May 7, 2026

$177 Per Sq Ft

1 Day on Market

Highlights

  • Deck
  • Whirlpool Bathtub
  • Google Fiber
  • Ranch Style House
  • No HOA
  • Fenced Yard

About This Home

As of May 2026

Perched in a convenient Salem neighborhood with beautiful mountain views, this 4-bedroom, 2.5-bath home offers a great combination of updates, comfortable living space, and inviting outdoor areas. The home has been well maintained and improved over the years, creating a move-in-ready layout ideal for everyday living and entertaining. Outdoor living is a highlight, featuring a new deck and screened-in porch with mountain views, perfect for morning coffee or relaxing evenings enjoying the sunsets. The fenced yard provides space for pets, play, or gatherings. An oversized garage, additional storage buildings, and a second driveway with RV parking add versatility. Conveniently located near schools, shopping, dining, parks, the Salem Duck Pond, and major commuting routes.

Last Agent to Sell the Property

Laura Bachmann

REAL BROKER LLC - MCLEAN License #0225248986 Listed on: 03/28/2026

REAL BROKER LLC - MCLEAN

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,338

Year Built

  • Built in 1964

Lot Details

  • 21,780 Sq Ft Lot
  • Fenced Yard
  • Garden

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Bay Window
  • Insulated Doors
  • Storage
  • Basement
  • Fireplace in Basement
  • Attic Fan
  • Storm Doors
  • Property Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Attached Carport
  • Garage Door Opener
  • On-Street Parking

Outdoor Features

  • Deck
  • Side Porch

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 15 / 2

Community Details

Overview

  • No Home Owners Association

Amenities

  • Restaurant
  • Public Transportation
  • Google Fiber

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,338

Year Built

Built in 1964

Lot Details

0.5 Acres

Listing Details

  • Interior Features: Ceiling Fan(s), Storage, Whirlpool Bath
  • Heating System: Heat Pump Electric
  • Fireplace(s): Basement, Gas Log
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full, Sump Pump, Walk-Out Access
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Gas, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Bay Window, Deck, Fenced Yard, Garden Space, Paved Driveway, Shed(s)
  • Views: Mountain(s), Sunset
  • AddlCoveredPrkng: Garage Detached
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1193.00
  • ExteriorDoors: Insulated, Insulated Storm
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable, Fiber
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 895.00
  • Major Area: 03 - City of Salem
  • NumberAddCovSpaces: 2.00
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • Residential Type: Detached
  • Style Of House: 1 Story, Ranch
  • Total Above Grd Fin S Q F T: 1193
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2088.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 298.00
  • Uncovered Parking: Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 298.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Covered Porch, Screened Porch, Side Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Paved Road

Green Features

  • Energy Features: Attic Fan

Lot Info

  • Lot Description: Gentle Sloping
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.50
  • Lot: 15
  • Phase: 6

Building Info

  • Year Built: 1964

Tax Info

  • Taxes (6 mo): 3338.40

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2026
Closed on
Apr 13, 2026
Sold by
Bought by
Seller's Agent
Laura Bachmann
REAL BROKER LLC - MCLEAN
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$369,000
Sold Price
$369,000
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.83%
Original Mortgage
$276,750
Interest Rate
0.0638%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $369,000 Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $276,750 New Conventional
Previous Owner $12,127 Unknown
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/07/2026 05/07/26 Sold $369,000 0.0% $177 / Sq Ft
03/31/2026 03/31/26 Pending -- -- --
03/30/2026 03/30/26 For Sale $369,000 -- $177 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,550 $262,700 $55,700 $207,000
2024 $1,468 $244,600 $53,900 $190,700
2023 $2,641 $220,100 $50,900 $169,200
2022 $2,314 $192,800 $44,900 $147,900
2021 $2,204 $183,700 $41,900 $141,800
2020 $2,129 $177,400 $38,900 $138,500
2019 $2,093 $174,400 $38,900 $135,500
2018 $2,043 $173,100 $38,900 $134,200
2017 $2,013 $170,600 $38,900 $131,700
2016 $2,013 $170,600 $38,900 $131,700
2015 $2,198 $186,300 $44,000 $142,300
2014 $2,198 $186,300 $44,000 $142,300
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2026

    Laura Bachmann

    REAL BROKER LLC - MCLEAN

    (703) 217-1680

    45 Total Sales

    Laura Bachmann
    Section Image

  • N

    Buyer's Agent in 2026

    Non Member Transaction Agent

    Non-Member Transaction Office

See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 925945

Roanoke Valley Association of REALTORS®

APN: 102-5-8

Virginia Salem City County Salem 24153

403 Lake Ave, 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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