NOT LISTED FOR SALE

406 Front Ave Salem, VA 24153

Estimated Value: $192,000 - $218,000

3 Beds
1 Bath
1,365 Sq Ft
$148/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $105,000 $77 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,212/month

92 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Fenced Yard
  • Salem High School Rated A-
  • No HOA
  • Patio

About This Home

As of February 2020

Charming home in the City of Salem. This home has seen many updates. New flooring throughout the home. Updated kitchen and bathroom as well. This home also features a large shaded fenced in back yard perfect for enjoying time with family or friends.

Last Agent to Sell the Property

Troy Cox

UC/Blue Ridge Land - Cburg License #0225227221 Listed on: 10/17/2019

Last Buyer's Agent

Ryan McCollum

Long & Foster - Blacksburg License #0225222068

Long & Foster - Blacksburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $877

Year Built

  • Built in 1925

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Home Design

  • 1,365 Sq Ft Home
  • Traditional Architecture

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 21616

Home Details

Home Type

Single Family

Est. Annual Taxes

$877

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Estimated Total Finished Sq Ft: 1365
  • Class: Residential
  • County Or City: Salem
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: LTS 5 & 6 & 7 SEC 17 SALEM DEVELOPMENT CO
  • Lvt Date: 10/18/2019
  • Master On Main: Yes
  • Number Rooms: 5
  • Parcel Nbr: 21616
  • Property Sub Type: Detached
  • Style Structure Home: Traditional
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Appliances: Dishwasher, Dryer/Electric, Range/Electric, Refrigerator, Washer
  • Bedrooms: 3
  • Full Bathrooms: 1

Exterior Features

  • Exterior Features: Fenced Yard, Private Yard, Quality Landscaping, Sidewalks, Patio

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: None

Schools

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

Lot Info

  • Lot Size: 9583.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2019
Closed on
Feb 4, 2020
Sold by
Phillips Roger K
Bought by
Chandler Joseph A and Chandler Joseph A
Seller's Agent
Troy Cox
UC/Blue Ridge Land - Cburg
Buyer's Agent
Ryan McCollum
Long & Foster - Blacksburg
List Price
$114,995
Sold Price
$105,000
Premium/Discount to List
-$9,995
-8.69%
Current Estimated Value
$207,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,969
Avg. Annual Appreciation
12.69%
Original Mortgage
$99,750
Outstanding Balance
$89,256
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$112,806

Purchase Details

Listed on
Feb 7, 2017
Closed on
Mar 13, 2017
Sold by
Birmingham Michael G and Birmingham Teresa Maria
Bought by
Phillips Roger K
Seller's Agent
Teresa Birmingham
MURRAY REALTY INC
Buyer's Agent
Teresa Birmingham
MURRAY REALTY INC
List Price
$99,500
Sold Price
$97,500
Premium/Discount to List
-$2,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%
Original Mortgage
$95,733
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2015
Sold by
Reedy Deborah Agee and Agee Randall C
Bought by
Birmingham Michael G and Birmingham Teresa Marie
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Chandler Joseph A $105,000 Sage Title Group
Phillips Roger K $97,500 Fidelity National Title
Birmingham Michael G $27,500 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandler Joseph A $99,750
Previous Owner Phillips Roger K $95,733
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2020 02/19/20 Sold $105,000 0.0% $77 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/14/2020 01/14/20 Price Changed $104,950 -4.5% $77 / Sq Ft
11/18/2019 11/18/19 Price Changed $109,950 -4.4% $81 / Sq Ft
10/17/2019 10/17/19 For Sale $114,995 +17.9% $84 / Sq Ft
02/13/2017 02/13/17 Sold $97,500 -2.0% $71 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $99,500 -- $73 / Sq Ft
Source: New River 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
2024 $877 $146,100 $36,800 $109,300
2023 $1,554 $129,500 $33,900 $95,600
2022 $1,399 $116,600 $29,400 $87,200
2021 $1,321 $110,100 $27,900 $82,200
2020 $1,285 $107,100 $27,900 $79,200
2019 $1,132 $94,300 $27,900 $66,400
2018 $1,103 $93,500 $27,900 $65,600
2017 $1,093 $92,600 $27,900 $64,700
2016 $1,001 $84,800 $27,900 $56,900
2015 $437 $81,300 $28,000 $53,300
2014 $437 $81,300 $28,000 $53,300
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Troy Cox

    UC/Blue Ridge Land - Cburg

    Section Image
  • Ryan McCollum

    Buyer's Agent in 2020

    Ryan McCollum

    Long & Foster - Blacksburg

    (540) 449-9733

    4 in this area

    129 Total Sales

    Section Image

  • T

    Seller's Agent in 2017

    Teresa Birmingham

    MURRAY REALTY INC

    (540) 793-0108

    1 in this area

    6 Total Sales

    Section Image
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 407044

New River Valley Association of REALTORS®

APN: 216-1-6

Virginia Salem City County Salem 24153

406 Front Ave, Salem, VA

This home is located at 406 Front Ave, Salem, VA 24153 since 17 October 2019 and is currently estimated at $202,062, approximately $148 per square foot. This property was built in 1925. 406 Front Ave is a home located in Salem City with nearby schools including South Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

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.

New River 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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