NOT LISTED FOR SALE

408 S Market St Salem, VA 24153

Estimated Value: $197,000 - $222,350

3 Beds
1 Bath
1,238 Sq Ft
$173/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $175,000 $141 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,248/month

1 Day on Market

Highlights

  • Mountain View
  • Family Room with Fireplace
  • Fenced Yard
  • Salem High School Rated A-
  • No HOA
  • Front Porch

About This Home

As of July 2022

TOTALLY UPDATED 3 BEDROOM 1 BATH HOUSE WITH OPEN FLOOR PLAN. NEW HEAT PUMP, NEWER ROOF, LARGE MUD ROOM FOR STORAGE.. GAS LOG FIREPLACE... HW UNDER CARPET..

Last Agent to Sell the Property

Lloyd Dyson

RE/MAX REAL ESTATE ONE License #0225074966 Listed on: 06/15/2022

RE/MAX REAL ESTATE ONE

Last Buyer's Agent

John Bryant

WAINWRIGHT & CO., REALTORS(r) License #0225237548

WAINWRIGHT & CO., REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,183

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced Yard

Interior Spaces

  • 1,238 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Storage
  • Laundry on main level
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • G. W. Carver Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Additional Features

  • Front Porch
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5,6

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,183

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Storage
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Fenced Yard
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • BedroomsBRUpperLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 952.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1406
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2022-06-16
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 1238
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1238.00
  • TotalUnfin Sq Ft: 168.00
  • Unfinished Attached S Q F T Entry Above Grd Unfin S Q F T: 168.00
  • UpperAboveGrdFin Sq Ft: 286.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Maint-Free Exterior

Schools

  • Elementary School: G. W. Carver
  • Middle School: Andrew Lewis
  • High School: Salem High

Lot Info

  • Lot Description: Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.14
  • Lot: 5,6

Building Info

  • Year Built: 1950

Tax Info

  • Taxes (6 mo): 1183.00
  • FILLTAXID: 145-9-3

MLS Schools

  • Elementary School: G. W. Carver
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jul 15, 2022
Sold by
Stallings Antione B
Bought by
Drumwright Audrey
Seller's Agent
Lloyd Dyson
RE/MAX REAL ESTATE ONE
Buyer's Agent
John Bryant
WAINWRIGHT & CO., REALTORS(r)
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$213,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,588
Avg. Annual Appreciation
6.57%
Original Mortgage
$147,537
Outstanding Balance
$140,569
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$73,019

Purchase Details

Closed on
Nov 27, 2012
Sold by
White Lucille C
Bought by
Stallings Antione B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.44%
Mortgage Type
Credit Line Revolving
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
Drumwright Audrey $175,000 Performance Title
Stallings Antione B $30,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drumwright Audrey $147,537
Previous Owner Stallings Antione B $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $175,000 0.0% $141 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $175,000 -- $141 / 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 $1,028 $174,200 $29,900 $144,300
2024 $949 $158,100 $29,100 $129,000
2023 $1,621 $135,100 $27,000 $108,100
2022 $1,204 $100,300 $23,700 $76,600
2021 $1,148 $95,700 $21,900 $73,800
2020 $1,105 $92,100 $21,900 $70,200
2019 $1,067 $88,900 $21,900 $67,000
2018 $923 $78,200 $21,900 $56,300
2017 $913 $77,400 $21,900 $55,500
2016 $913 $77,400 $21,900 $55,500
2015 $735 $62,300 $21,000 $41,300
2014 $735 $62,300 $21,000 $41,300
Source: Public Records

Agents Affiliated with this Home

  • Lloyd Dyson

    Seller's Agent in 2022

    Lloyd Dyson

    RE/MAX

    2 in this area

    8 Total Sales

    Lloyd Dyson
    Section Image
  • John Bryant

    Buyer's Agent in 2022

    John Bryant

    WAINWRIGHT & CO., REALTORS(r)

    (540) 293-5811

    2 in this area

    45 Total Sales

    John Bryant
    Section Image
  • April Bryant

    Buyer Co-Listing Agent in 2022

    April Bryant

    RE/MAX

    (540) 519-8548

    1 in this area

    39 Total Sales

    April Bryant
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 890449

Roanoke Valley Association of REALTORS®

APN: 145-9-3

Virginia Salem City County Salem 24153

408 S Market St, Salem, VA

This home is located at 408 S Market St, Salem, VA 24153 since 15 June 2022 and is currently estimated at $213,588, approximately $172 per square foot. This property was built in 1950. 408 S Market St is a home located in Salem City with nearby schools including G.W. Carver 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.

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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