NOT LISTED FOR SALE

404 Front Ave Salem, VA 24153

Salem Area

Estimated Value: $168,000 - $221,000

3 Beds
1 Bath
1,088 Sq Ft
$190/Sq Ft Est. Value

Sale Details

Date Sold: September 28, 2022

Last sale price $180,000 $165 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,316 / mo

3 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Level Lot
  • Cottage
  • Central Air

About This Home

As of September 2022

Completely remodeled while keeping all its original charm. This 3 bedroom 1 bath has been totally renovated with new AC unit, hot water heater, updated kitchen with stainless appliances, newly finished hardwood floors, and freshly painted inside and out. Enjoy the large patio in the level fenced in backyard with large new storage shed. This home faces the Roanoke River if you like fishing, siting on the bank, or getting your feet wet and is just a short stroll to access miles of trails on the Greenway. Desirable location in the City of Salem with excellent Salem schools. Convenient to Main St., Electric Rd., and Apperson Dr. Driveway long enough for three cars.

Last Agent to Sell the Property

Aaron Smith

MKB, REALTORS® License #0225252464 Listed on: 08/25/2022

MKB, REALTORS®

Last Buyer's Agent

Bailey Jenkins

NEST REALTY SOUTHSIDE License #0225254825

Range of Values:

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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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,183

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Cottage

Interior Spaces

  • 1,088 Sq Ft Home
  • 1-Story Property
  • Insulated Doors
  • Crawl Space
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3 & 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,183

Year Built

Built in 1950

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Dishwasher, Freezer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1088.00
  • ExteriorDoors: Insulated
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 1 Story, Cottage
  • Total Above Grd Fin S Q F T: 1088
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1088.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

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: 0.15
  • Lot: 3 & 4

Building Info

  • Year Built: 1950

Tax Info

  • Taxes (6 mo): 1183.00

MLS Schools

  • Elementary School: South 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
Aug 25, 2022
Closed on
Sep 26, 2022
Sold by
Reclamation Ventures Llc
Bought by
Seller's Agent
Aaron Smith
MKB, REALTORS®
Buyer's Agent
Bailey Jenkins
NEST REALTY SOUTHSIDE
List Price
$174,777
Sold Price
$180,000
Premium/Discount to List
$5,223
2.99%
Current Estimated Value
$206,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,540
Avg. Annual Appreciation
3.55%
Original Mortgage
$171,000
Outstanding Balance
$161,071
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$45,469

Purchase Details

Closed on
Mar 7, 2022
Sold by
Powers Jr Benjamin F
Bought by
Reclamation Ventures Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Salem, VA

  • Brenda Bratt Real Estate Agent - WAINWRIGHT & CO., REALTORS®- LAKE

    Brenda Bratt

    WAINWRIGHT & CO., REALTORS®- LAKE

    (540) 590-5011

    162 Total Sales

    3 in Salem

    $220K - $495K Price Range

    Brenda Bratt
     Section Image
  • Tammy Shepherd Real Estate Agent - SHEPHERD REALTY GROUP

    Tammy Shepherd

    SHEPHERD REALTY GROUP

    (540) 666-6265

    256 Total Sales

    10 in Salem

    $150K - $572K Price Range

    Tammy Shepherd
     Section Image
  • Lisa Martin Real Estate Agent - LISA & CO., REALTORS®

    Lisa Martin

    LISA & CO., REALTORS®

    (540) 592-4413

    65 Total Sales

    2 in Salem

    $206K - $237K Price Range

    Lisa Martin
     Section Image

  • GA

    Greg Alexander

    KW SALEM PROFESSIONALS

    (540) 240-9568

    67 Total Sales

    7 in Salem

    $215K - $495K Price Range

    Greg Alexander
     Section Image
  • Amanda Patterson Real Estate Agent - VARNEY REALTY PARTNERS

    Amanda Patterson

    VARNEY REALTY PARTNERS

    (540) 452-9637

    32 Total Sales

    2 in Salem

    $265K - $486K Price Range

    Amanda Patterson
     Section Image

  • TH

    Tim Hash

    MOUNTAIN CITY REALTY & AUCTION LLC

    (540) 240-9970

    68 Total Sales

    6 in Salem

    $150K - $340K Price Range

    Tim Hash
     Section Image
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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 Buyer Sale Price Title Company
$180,000 Century Title Services
Reclamation Ventures Llc $87,000 Priority 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 Borrower Loan Amount
Open $171,000
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
09/28/2022 09/28/22 Sold $180,000 +3.0% $165 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $174,777 -- $161 / 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
2026 $2,125 $183,200 $38,300 $144,900
2025 $991 $167,900 $34,300 $133,600
2024 $940 $156,600 $32,700 $123,900
2023 $1,656 $138,000 $30,200 $107,800
2022 $1,204 $100,300 $26,200 $74,100
2021 $1,129 $94,100 $24,900 $69,200
2020 $1,097 $91,400 $24,900 $66,500
2019 $1,049 $87,400 $24,900 $62,500
2018 $1,021 $86,500 $24,900 $61,600
2017 $1,010 $85,600 $24,900 $60,700
2016 $1,033 $87,500 $24,900 $62,600
2015 $946 $80,200 $24,700 $55,500
2014 $946 $80,200 $24,700 $55,500
Source: Public Records

Agents Affiliated with this Home

  • Aaron Smith Real Estate Agent - MKB, REALTORS®

    Seller's Agent in 2022

    Aaron Smith

    MKB, REALTORS®

    (540) 797-4469

    13 Total Sales

    Aaron Smith
    Section Image
  • Bailey Jenkins Real Estate Agent - NEST REALTY SOUTHSIDE

    Buyer's Agent in 2022

    Bailey Jenkins

    NEST REALTY SOUTHSIDE

    (540) 524-8700

    111 Total Sales

    Bailey Jenkins
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 892420

Roanoke Valley Association of REALTORS®

APN: 216-1-7

Virginia Salem City County Salem 24153

404 Front 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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