NOT LISTED FOR SALE

404 Chestnut St Salem, VA 24153

Estimated Value: $240,521 - $278,000

2 Beds
2 Baths
1,080 Sq Ft
$246/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $172,000 $159 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,566/month

Highlights

  • Deck
  • Ranch Style House
  • Restaurant
  • Salem High School Rated A-
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

One level living in Salem at a great price! Friendly front porch, large great room with passthrough to eat-in kitchen including all kitchen appliances, back deck with recent composite flooring, master bedroom and second bedroom, two full baths.

Last Agent to Sell the Property

Ruth An Cooper

MKB, REALTORS(r) License #0225172889 Listed on: 04/13/2021

MKB, REALTORS(r)

Last Buyer's Agent

Mary Dykstra

MKB, REALTORS(r) License #0225150988

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,686

Year Built

  • Built in 2003

Lot Details

  • 3,920

HOA Fees

  • $60 Monthly HOA Fees

Home Design

  • 1,080 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Additional Features

  • Laundry on main level
  • 3,920 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2A

Community Details

Overview

  • Hariet Vorst Association

Amenities

  • Restaurant

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,686

Year Built

Built in 2003

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Heating System: Forced Air Gas
  • Type: A
  • Property Subtype 1: Townhouse
  • Has Basement: Slab
  • Major Appliances: Dishwasher, Disposer, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1080.00
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1080
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Phone Email: 540-521-3089
  • P O A Condo Contact Name: Hariet Vorst
  • POACondoDues: 60.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2021-04-27
  • Residential Type: Attached
  • Style Of House: 1 Story, Ranch
  • SubagentAuthorized: No
  • 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: Off Street Parking
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

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

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.09
  • Lot: 2A

Building Info

  • Year Built: 2003

Tax Info

  • Taxes (6 mo): 1686.00
  • FILLTAXID: 144-6-1404

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, 2021
Closed on
May 17, 2021
Sold by
Hare Dorothy J
Bought by
Sanders Montague L and Sanders Linda B
Seller's Agent
Ruth An Cooper
MKB, REALTORS(r)
Buyer's Agent
Mary Dykstra
MKB, REALTORS(r)
List Price
$172,000
Sold Price
$172,000
Current Estimated Value
$265,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,380
Avg. Annual Appreciation
10.33%
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
Sanders Montague L $172,000 Acquisition Ttl & Setmnt Agc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $172,000 0.0% $159 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $172,000 -- $159 / 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 $1,233 $209,000 $40,600 $168,400
2024 $1,162 $193,700 $37,500 $156,200
2023 $2,081 $173,400 $34,400 $139,000
2022 $1,810 $150,800 $25,000 $125,800
2021 $1,714 $142,800 $21,900 $120,900
2020 $1,678 $139,800 $21,900 $117,900
2019 $1,639 $136,600 $21,900 $114,700
2018 $1,593 $135,000 $21,900 $113,100
2017 $1,593 $135,000 $21,900 $113,100
2016 $1,193 $135,000 $21,900 $113,100
2015 $596 $130,200 $18,000 $112,200
2014 $596 $130,200 $18,000 $112,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 878730

Roanoke Valley Association of REALTORS®

APN: 144-6-1-404