NOT LISTED FOR SALE

416 Cypress St Salem, VA 24153

Estimated Value: $157,000 - $217,000

3 Beds
1 Bath
864 Sq Ft
$214/Sq Ft Est. Value

Last Sold February 03, 2022

Last sale price $135,000 $156 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,055/month

125 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Breakfast Area or Nook
  • Salem High School Rated A-
  • No HOA
  • Fenced Yard

About This Home

As of February 2022

Great Salem Ranch within walking distance to downtown. Newer metal roof, newer gas forced air furnace and gas hot water heater. Interior just painted and house feature hardwood floors. 3rd bedroom/den opens to deck and overlooks level back yard that is fully fenced and haas nice storage building. Full unfinished basement offers space for hobbies and storage. Great owner occupant or investor property.

Last Agent to Sell the Property

Timothy Toohig

RE/MAX ALL POINTS License #0225002420 Listed on: 08/06/2021

RE/MAX ALL POINTS

Last Buyer's Agent

Kim Miller

NEST REALTY ROANOKE License #0225098552

NEST REALTY ROANOKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,123

Year Built

  • Built in 1958

Lot Details

  • Lot Dimensions are 54 x 140
  • Fenced Yard
  • Level Lot
  • Cleared Lot

Home Design

  • Ranch Style House

Interior Spaces

  • 864 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Electric Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 24

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,123

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Deck, Fenced Yard
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 864.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1728
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Comcast
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2021-12-09
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Hockman Land Co
  • Total Above Grd Fin S Q F T: 864
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 864.00
  • TotalUnfin Sq Ft: 864.00
  • UncoveredNumberSpaces: 3.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 864.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior

Schools

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

Lot Info

  • Lot Description: Cleared, Level Lot
  • Lot Dimensions: 54 X 140
  • Property Group Id: 19990816212109142258000000
  • Lot: 24

Building Info

  • Year Built: 1958

Tax Info

  • Taxes (6 mo): 1123.20
  • FILLTAXID: 144-7-4

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
Aug 6, 2021
Closed on
Jan 31, 2022
Sold by
Shuhong Wang
Bought by
Horne Benjamin Bradley and Horne Jacquelyne Maryssa
Seller's Agent
Timothy Toohig
RE/MAX ALL POINTS
Buyer's Agent
Kim Miller
NEST REALTY ROANOKE
List Price
$139,500
Sold Price
$135,000
Premium/Discount to List
-$4,500
-3.23%
Current Estimated Value
$184,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,808
Avg. Annual Appreciation
9.18%
Original Mortgage
$132,554
Outstanding Balance
$124,117
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$61,920

Purchase Details

Closed on
Aug 29, 2017
Sold by
Barker Rodney V
Bought by
Wang Shuhong

Purchase Details

Listed on
Sep 7, 2013
Closed on
Oct 9, 2013
Sold by
Henson Pamela Sue
Bought by
Barker Rodney
List Price
$67,450
Sold Price
$67,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%

Purchase Details

Closed on
Dec 20, 2011
Sold by
Henson Pamela Sue
Bought by
Henson Pamela Sue
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
Horne Benjamin Bradley $135,000 Fidelity National Title
Wang Shuhong $53,000 Old Republic Title Ins Co
Barker Rodney $67,450 First American Title Ins
Henson Pamela Sue -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horne Benjamin Bradley $132,554
Closed Horne Benjamin Bradley $4,725
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2022 02/03/22 Sold $135,000 -3.2% $156 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $139,500 +106.8% $161 / Sq Ft
10/10/2013 10/10/13 Sold $67,450 0.0% $78 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
09/07/2013 09/07/13 For Sale $67,450 -- $78 / 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 $904 $153,200 $38,300 $114,900
2024 $849 $141,500 $37,200 $104,300
2023 $1,516 $126,300 $34,500 $91,800
2022 $1,189 $99,100 $28,700 $70,400
2021 $1,123 $93,600 $27,100 $66,500
2020 $1,088 $90,700 $27,100 $63,600
2019 $1,043 $86,900 $27,100 $59,800
2018 $924 $78,300 $27,100 $51,200
2017 $1,070 $90,700 $27,100 $63,600
2016 $1,070 $90,700 $27,100 $63,600
2015 $1,047 $88,700 $25,500 $63,200
2014 $1,047 $88,700 $25,500 $63,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 882706

Roanoke Valley Association of REALTORS®

APN: 144-7-4