NOT LISTED FOR SALE

417 Front Ave Salem, VA 24153

Estimated Value: $178,000 - $205,000

3 Beds
1.5 Baths
948 Sq Ft
$200/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $149,950 $158 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,063/month

7 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Shed
  • No HOA
  • Fenced Yard
  • Forced Air Heating and Cooling System

About This Home

As of September 2021

Delightful ranch located in desirable City of Salem offers spacious LR, Eat-in-Kitchen, 3 BRs, 1& 1/2 BAs, Lovely hardwood floors, Tilt-in replacement windows, Covered rear porch overlooking level fenced backyard with storage shed.

Last Agent to Sell the Property

Mary Kay Thurman

RE/MAX ALL STARS License #0225029632 Listed on: 08/09/2021

RE/MAX ALL STARS

Last Buyer's Agent

Mary Kay Thurman

RE/MAX ALL STARS License #0225029632 Listed on: 08/09/2021

RE/MAX ALL STARS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,087

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced Yard
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House

Interior Spaces

  • 948 Sq Ft Home
  • Crawl Space
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • South Salem 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,087

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Fenced Yard, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 948.00
  • HalfBathsHalfBathsEntryLvl: 1
  • 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: 948
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 948.00
  • TotalHBaths: 1
  • Uncovered Parking: Off Street Parking
  • 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: Rear 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: 0.14

Rental Info

  • Tenant: Stephanie

Building Info

  • Year Built: 1950

Tax Info

  • Taxes (6 mo): 1087.00

MLS Schools

  • Elementary School: South Salem
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2025
Sold by
Welch Phoebe Laurel and Welch William T
Bought by
Welch William T and Welch Phoebe Laurel
Current Estimated Value
$189,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,940
Outstanding Balance
$169,476
Interest Rate
6.91%
Mortgage Type
FHA
Estimated Equity
$19,856

Purchase Details

Listed on
Aug 9, 2021
Closed on
Sep 23, 2021
Sold by
Bourhill Living Trust and Bourhill Eric C
Bought by
Welch William T and Nash Phoebe Laurel
Seller's Agent
Mary Kay Thurman
RE/MAX ALL STARS
Buyer's Agent
Mary Kay Thurman
RE/MAX ALL STARS
List Price
$149,950
Sold Price
$149,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$119,960
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2008
Sold by
Bourhill Eric Charles
Bought by
Bourhill Eric C and Bourhill Linda
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 Buyer Sale Price Title Company
Welch William T -- Old Republic National Title
Welch William T $90,600 Fidelity National Title
Welch William T $90,600 Fidelity National Title
Bourhill Eric C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch William T $170,940
Previous Owner Welch William T $119,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $149,950 0.0% $158 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $149,950 -- $158 / 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 $880 $149,200 $34,000 $115,200
2024 $836 $139,400 $32,500 $106,900
2023 $1,488 $124,000 $30,000 $94,000
2022 $1,337 $111,400 $26,000 $85,400
2021 $1,087 $90,600 $24,700 $65,900
2020 $1,010 $84,200 $24,700 $59,500
2019 $946 $78,800 $24,700 $54,100
2018 $922 $78,100 $24,700 $53,400
2017 $912 $77,300 $24,700 $52,600
2016 $952 $80,700 $24,700 $56,000
2015 $891 $75,500 $24,700 $50,800
2014 $891 $75,500 $24,700 $50,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 882764

Roanoke Valley Association of REALTORS®

APN: 201-4-9