NOT LISTED FOR SALE

409 N Broad St Salem, VA 24153

Estimated Value: $659,000 - $815,987

4 Beds
5 Baths
4,213 Sq Ft
$178/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $650,000 $154 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,392/month

3 Days on Market

Highlights

  • In Ground Pool
  • Heated Floors
  • Wood Burning Stove
  • Salem High School Rated A-
  • 1.26 Acre Lot
  • Family Room with Fireplace

About This Home

As of November 2020

Stately home located on historic North Broad Street. Walking distance to Downtown Salem, Roanoke College and Salem Municipal golf course (on Academy St.). Large flat backyard with in-ground pool and gazebo. Recent landscaping including sod, mulch and planting of trees.

Last Agent to Sell the Property

Lewis Barker

BARKER REALTY CO License #0225036367 Listed on: 10/05/2020

Last Buyer's Agent

George Barker

BARKER REALTY CO License #0225110696

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,672

Year Built

  • Built in 1937

Lot Details

  • 1.26 Acre Lot
  • Lot Dimensions are 188x292
  • Fenced Yard
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Wood Burning Stove
  • Family Room with Fireplace
  • Heated Floors
  • Storm Doors

Kitchen

  • Built-In Oven
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Patio
  • Gazebo
  • Shed
  • Side Porch

Schools

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

Utilities

  • Radiator
  • Heat Pump System
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,672

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Interior Features: Wood Stove
  • Heating System: Heat Pump Electric, Heated Floor, Radiator Gas Heat
  • Fireplace(s): Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Garage Door Opener, Microwave Oven (Built In), Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Fenced Yard, Gazebo, In-Ground Pool, Patio, Paved Driveway, Storage Shed
  • BedroomsBRUpperLevel: 4
  • EntryAboveGrdFin Sq Ft: 1939.00
  • ExteriorDoors: Insulated Storm
  • FullBathsFullBathsUpperLvl: 3
  • Grand Total Attached S Q F T: 4213
  • HalfBathsHalfBathsUpperLvl: 2
  • Internet Access: Cable, DSL
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 390.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • OtherAboveGrdFin Sq Ft: 400.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2020-10-08
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubdivisionMap: Monteiro Addn
  • Total Above Grd Fin S Q F T: 3823
  • TotalBdrm: 4
  • TotalBths: 3.20
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 4213.00
  • TotalHBaths: 2
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1484.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Side Porch

Utilities

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

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 188x292
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.26

Building Info

  • Year Built: 1937

Tax Info

  • Taxes (6 mo): 5672.00
  • FILLTAXID: 87-3-4

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
Oct 5, 2020
Closed on
Oct 27, 2020
Sold by
Logan George W
Bought by
Overstreet Nathanial and Barudin Verity
Seller's Agent
Lewis Barker
BARKER REALTY CO
Buyer's Agent
George Barker
BARKER REALTY CO
List Price
$659,000
Sold Price
$650,000
Premium/Discount to List
-$9,000
-1.37%
Current Estimated Value
$751,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,662
Avg. Annual Appreciation
3.05%
Original Mortgage
$510,000
Outstanding Balance
$454,862
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$296,800

Purchase Details

Listed on
May 29, 2020
Closed on
Jul 30, 2020
Sold by
Powell John David and Powell Cheryl Beadling
Bought by
Logan George W
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
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
Overstreet Nathanial $650,000 First Choice Title & Setmnt
Logan George W $650,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Overstreet Nathanial $510,000
Previous Owner Powell John D $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $650,000 -1.4% $154 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $659,000 +1.4% $156 / Sq Ft
07/31/2020 07/31/20 Sold $650,000 0.0% $154 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $650,000 -- $154 / 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 $3,938 $667,400 $121,100 $546,300
2024 $3,739 $623,100 $107,100 $516,000
2023 $7,045 $587,100 $99,300 $487,800
2022 $6,590 $549,200 $94,800 $454,400
2021 $6,142 $511,800 $90,800 $421,000
2020 $5,768 $480,700 $86,900 $393,800
2019 $5,443 $453,600 $83,000 $370,600
2018 $5,148 $436,300 $75,200 $361,100
2017 $5,098 $432,000 $75,200 $356,800
2016 $5,076 $430,200 $75,200 $355,000
2015 $4,930 $417,800 $81,200 $336,600
2014 $4,930 $417,800 $81,200 $336,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lewis Barker

    BARKER REALTY CO

    (540) 400-9632

    14 in this area

    18 Total Sales

    Lewis Barker
    Section Image

  • G

    Buyer's Agent in 2020

    George Barker

    BARKER REALTY CO

    (540) 389-6727

    1 in this area

    2 Total Sales

    George Barker
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 873966

Roanoke Valley Association of REALTORS®

APN: 87-3-4

Virginia Salem City County Salem 24153

409 N Broad St, Salem, VA

This home is located at 409 N Broad St, Salem, VA 24153 since 05 October 2020 and is currently estimated at $751,662, approximately $178 per square foot. This property was built in 1937. 409 N Broad St is a home located in Salem City with nearby schools including West 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.

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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