NOT LISTED FOR SALE

507 N Market St Unit 509 Salem, VA 24153

Estimated Value: $345,895 - $387,000

4 Beds
2 Baths
1,832 Sq Ft
$198/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $221,500 $121 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,164/month

12 Days on Market

Highlights

  • Cape Cod Architecture
  • Sun or Florida Room
  • Breakfast Area or Nook
  • Salem High School Rated A-
  • No HOA
  • Fenced Yard

About This Home

As of May 2016

Traditional 4 bedroom, 2 bath, Cape Cod. Walk to Roanoke College and downtown Salem from this updated home featuring a remodeled kitchen and 1st floor bath, refinished hardwood and tile floors throughout, new windows, 2 fireplaces, potential for mother in law apartment upstairs. Sauna and shower in basement, sunroom, over-sized 2-car garage, gorgeous landscaped (fenced) backyard with huge brick patio.

Last Agent to Sell the Property

Liz Bowles

WAINWRIGHT & CO., REALTORS(r) License #0225199890 Listed on: 04/02/2016

WAINWRIGHT & CO., REALTORS(r)

Last Buyer's Agent

Mary Dykstra

MKB, REALTORS(r) License #0225150988

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,360

Year Built

  • Built in 1943

Lot Details

  • Lot Dimensions are 60 x 149
  • Fenced Yard
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,832 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Sun or Florida Room
  • Storage
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Rear Porch

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,360

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Ceiling Fan, Storage
  • Heating System: Forced Air Gas
  • Fireplace(s): Living Room
  • Type: A
  • Has Basement: Full Basement
  • Major Appliances: Dishwasher, Disposer, Freezer, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator, Sump Pump
  • Cooling System: Central Cooling
  • Outside Features: Fenced Yard, Patio, Paved Driveway, Sunroom
  • BedroomsBREntryLevel: 2
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 1200.00
  • ExteriorDoors: Full View, Wood
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 2792
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Direct TV
  • LaundryLaundryLowerLevel: 1
  • LaundryLaundryUpperLevel: 1
  • Major Area: 03 - City of Salem
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2016-04-14
  • Residential Type: Detached
  • Style Of House: Cape Cod
  • SubagentAuthorized: No
  • SubdivisionMap: Tax ID 70-6-6
  • Total Above Grd Fin S Q F T: 1832
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1832.00
  • TotalUnfin Sq Ft: 960.00
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 960.00
  • UpperAboveGrdFin Sq Ft: 632.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch, Side Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, In-Law Quarters, Satellite Dish

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 60 x 149
  • Property Group Id: 19990816212109142258000000
  • Lot: 2
  • ZoningCode: RSF

Rental Info

  • Tenant: if no answer call:

Building Info

  • Year Built: 1943

Tax Info

  • Taxes (6 mo): 2360.00
  • FILLTAXID: 70-6-6

MLS Schools

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wisdom Benjamin D $202,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $221,500 -3.3% $121 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $229,000 -- $125 / 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
2024 $1,712 $285,400 $51,700 $233,700
2023 $3,082 $256,800 $47,700 $209,100
2022 $2,957 $246,400 $45,700 $200,700
2021 $2,872 $239,300 $43,800 $195,500
2020 $2,783 $231,900 $41,800 $190,100
2019 $2,497 $208,100 $39,800 $168,300
2018 $2,464 $208,800 $35,800 $173,000
2017 $2,439 $206,700 $35,800 $170,900
2016 $2,360 $200,000 $35,800 $164,200
2015 $2,262 $191,700 $36,000 $155,700
2014 $2,262 $191,700 $36,000 $155,700
Source: Public Records

Agents Affiliated with this Home

  • Liz Bowles

    Seller's Agent in 2016

    Liz Bowles

    WAINWRIGHT & CO., REALTORS(r)

    (540) 526-3787

    60 Total Sales

    Liz Bowles
    Section Image
  • Mary Dykstra

    Buyer's Agent in 2016

    Mary Dykstra

    MKB, REALTORS(r)

    (540) 314-1110

    18 Total Sales

    Mary Dykstra
    Section Image
  • Dana Berenbaum

    Buyer Co-Listing Agent in 2016

    Dana Berenbaum

    MKB, REALTORS(r)

    (540) 521-4424

    218 Total Sales

    Dana Berenbaum
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 824725

Roanoke Valley Association of REALTORS®

APN: 70-6-6

Virginia Salem City County Salem 24153

507 N Market St Unit 509, Salem, VA

This home is located at 507 N Market St Unit 509, Salem, VA 24153 since 02 April 2016 and is currently estimated at $362,724, approximately $197 per square foot. This property was built in 1943. 507 N Market St Unit 509 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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