$145,000
SOLD MAY 30, 2025

412 S Broad St Salem, VA 24153

3 Beds
1 Bath
851 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$170 Per Sq Ft

3% Below List Price

9 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Skylights
  • G.W. Carver Elementary School Rated 9+
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of May 2025

NICE ONE FLOOR PLAN WITH NO STEPS TO DEAL WITH. EASY ACCESS TO THE DOWNTOWN SALEM AREA. LEVEL YARD. OFFSTREET PARKING. FIRST 30 DAYS OF LISTING RESERVED FOR OWNER OCCUPANTS ONLY.

Last Agent to Sell the Property

Robert Rouse

YOUNG REALTY COMPANY License #0225022611 Listed on: 04/23/2025

Last Buyer's Agent

Jennifer O'connor

MKB, REALTORS(r) License #0225268423

MKB, REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,573

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot
  • Property is zoned RSF

Home Design

  • Ranch Style House

Interior Spaces

  • 851 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Crawl Space
  • Laundry on main level

Kitchen

  • Gas Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Dropmore Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,573

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Skylight
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Range Gas, Range Hood
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 851.00
  • ExteriorDoors: Wood
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 851
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 851.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • 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
  • Water Heater Type: Tank

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.20
  • ZoningCode: RSF

Building Info

  • Year Built: 1950

Tax Info

  • Taxes (6 mo): 1573.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2025
Sold by
Johnson Patrick and Oconnor Jennifer
Bought by
Can Am Real Estate Services Llc
Current Estimated Value
$161,718

Purchase Details

Listed on
Apr 23, 2025
Closed on
Apr 9, 2025
Sold by
Commonwealth Trustees Llc
Bought by
Rmh 2023-4 Trust and Greenspring Capital Management Llc
Seller's Agent
Robert Rouse
YOUNG REALTY COMPANY
Buyer's Agent
Jennifer O'connor
MKB, REALTORS(r)
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.32%

Purchase Details

Closed on
Jan 30, 2012
Sold by
Colwell Raymond and Colwell Maxine C
Bought by
Colwell Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
3.96%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed -- None Listed On Document
Gift Deed -- None Listed On Document
Trustee Deed $139,900 None Listed On Document
Gift Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $142,500 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2025 05/30/25 Sold $145,000 -3.3% $170 / Sq Ft
05/02/2025 05/02/25 Pending -- -- --
04/23/2025 04/23/25 For Sale $149,900 -- $176 / 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 $773 $131,100 $38,200 $92,900
2024 $721 $120,200 $37,100 $83,100
2023 $1,297 $108,100 $34,500 $73,600
2022 $1,158 $96,500 $30,200 $66,300
2021 $1,056 $88,000 $27,900 $60,100
2020 $1,031 $85,900 $27,900 $58,000
2019 $967 $80,600 $27,900 $52,700
2018 $891 $75,500 $27,900 $47,600
2017 $883 $74,800 $27,900 $46,900
2016 $883 $74,800 $27,900 $46,900
2015 $890 $75,400 $24,500 $50,900
2014 $890 $75,400 $24,500 $50,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 916540

Roanoke Valley Association of REALTORS®

APN: 145-12-4