NOT LISTED FOR SALE

411 Mount Vernon Ave Salem, VA 24153

Estimated Value: $202,000 - $308,000

4 Beds
1 Bath
1,464 Sq Ft
$160/Sq Ft Est. Value

Last Sold May 16, 2023

Last sale price $140,000 $96 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,291/month

4 Days on Market

Highlights

  • No HOA
  • Central Air
  • Baseboard Heating

About This Home

As of May 2023

Two Story home for sale in the heart of beautiful Salem! This property could make a great rental and is in walking distance to Roanoke College and downtown Salem. Property has most recently been used as an Air BNB. The home has had a new front door, storm door, 4 new Pella windows and a tankless water heater recently installed. Property passes ''As Is''. Appliances pass ''As Is''. Inspections welcome but are for buyer's knowledge only. All furniture passes with the property with the exception of televisions. Come see and make your offer today!

Last Agent to Sell the Property

Charisse Brewer

YOUNG REALTY COMPANY License #0225234388 Listed on: 03/17/2023

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 1912

Lot Details

  • 5,227 Sq Ft Lot

Interior Spaces

  • 1,464 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Electric Range

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot Pt Lt 36

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,300

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Heating System: Baseboard Gas
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 4
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1000.00
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubagentAuthorized: No
  • SubdivisionMap: Monteiro Addn
  • Total Above Grd Fin S Q F T: 1464
  • TotalBdrm: 4
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1464.00
  • UpperAboveGrdFin Sq Ft: 464.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.12
  • Lot: Pt Lt 36

Building Info

  • Year Built: 1912

Tax Info

  • Taxes (6 mo): 1300.00

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
Mar 17, 2023
Closed on
Apr 18, 2023
Sold by
Dowe Douglas W
Bought by
Evergreen Assisted Living Community Llc
Seller's Agent
Charisse Brewer
YOUNG REALTY COMPANY
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Current Estimated Value
$226,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,404
Avg. Annual Appreciation
20.92%

Purchase Details

Closed on
Sep 4, 2015
Sold by
Dowe Douglas W
Bought by
Dowe Douglas W and Dowe Rodney A

Purchase Details

Listed on
Nov 29, 2013
Closed on
Jan 29, 2014
Sold by
Whaley Geraldine D and Warren Frankye D
Bought by
Dowe Douglas Wayne
Seller's Agent
J.c. Taylor
YOUNG REALTY COMPANY
Buyer's Agent
J.c. Taylor
YOUNG REALTY COMPANY
List Price
$149,950
Sold Price
$115,000
Premium/Discount to List
-$34,950
-23.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$109,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2008
Sold by
Dowe Alfred Thomas
Bought by
Whaley Geraldine D and Webb Lula D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Evergreen Assisted Living Community Llc $140,000 First American Title
Dowe Douglas W -- None Available
Dowe Douglas Wayne $115,000 First American Title Ins
Whaley Geraldine D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dowe Douglas Wayne $109,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2023 05/16/23 Sold $140,000 -6.7% $96 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $150,000 +30.4% $102 / Sq Ft
02/05/2014 02/05/14 Sold $115,000 -23.3% $79 / Sq Ft View Prior Sale
12/16/2013 12/16/13 Pending -- -- --
11/29/2013 11/29/13 For Sale $149,950 -- $102 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $1,077 $182,500 $43,200 $139,300
2024 $986 $164,400 $42,200 $122,200
2023 $1,417 $118,100 $38,900 $79,200
2022 $1,339 $111,600 $37,300 $74,300
2021 $1,296 $108,000 $35,700 $72,300
2020 $1,255 $104,600 $34,100 $70,500
2019 $1,181 $98,400 $32,400 $66,000
2018 $1,113 $94,300 $29,200 $65,100
2017 $1,101 $93,300 $29,200 $64,100
2016 $1,101 $93,300 $29,200 $64,100
2015 $1,084 $91,900 $29,500 $62,400
2014 $1,084 $91,900 $29,500 $62,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 896729

Roanoke Valley Association of REALTORS®

APN: 87-5-2