NOT LISTED FOR SALE

509 Front Ave Salem, VA 24153

Estimated Value: $248,000 - $286,044

4 Beds
2 Baths
2,000 Sq Ft
$132/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $140,000 $70 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,478/month

78 Days on Market

Highlights

  • No HOA
  • Fenced Yard
  • Restaurant
  • Salem High School Rated A-
  • Front Porch
  • 5-minute walk to Salem Parks & Recreation Department

About This Home

As of July 2018

Classic Farmhouse Style with Modern Amenities! This 4 Bedroom, 2 Bath home features plenty of space and well lit rooms with original wide baseboards and hardwood floors. Vaulted dining room addition with office puts this home over the top! New roof in 2017 and new hot water heater 2018... so move right in!

Last Agent to Sell the Property

Ashley Donahue

WAINWRIGHT & CO., REALTORS(r) License #0225068678 Listed on: 03/30/2018

WAINWRIGHT & CO., REALTORS(r)

Last Buyer's Agent

Leah Hedrick

MKB, REALTORS(r) License #0225223483

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,416

Year Built

  • Built in 1921

Lot Details

  • 0.43 Acre Lot
  • Fenced Yard
  • Level Lot

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling Fan
  • Partial Basement

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Shed
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Radiator
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Restaurant

Listing and Financial Details

  • Tax Lot 2

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,416

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Ceiling Fan
  • Heating System: Radiator Gas Heat
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Fenced Yard, Paved Driveway, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 3
  • EntryAboveGrdFin Sq Ft: 1212.00
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 2000
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Comcast
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2018-06-16
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubdivisionMap: Mutter Map
  • Total Above Grd Fin S Q F T: 2000
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2000.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 788.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.43
  • Lot: 2

Building Info

  • Year Built: 1921

Tax Info

  • Taxes (6 mo): 1416.00
  • FILLTAXID: 201-3-7

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
Jul 17, 2018
Sold by
Davis Jason P and Davis Julie P
Bought by
Cortes Matthew and Trail Darian
Seller's Agent
Ashley Donahue
WAINWRIGHT & CO., REALTORS(r)
Buyer's Agent
Leah Hedrick
MKB, REALTORS(r)
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Current Estimated Value
$255,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,351
Avg. Annual Appreciation
9.37%
Original Mortgage
$137,464
Outstanding Balance
$121,278
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$142,733

Purchase Details

Closed on
Jun 19, 2006
Sold by
Craft Johnny
Bought by
Davis Jason P and Davis Julie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,025
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2005
Sold by
Cupp Jeffrey W
Bought by
Craft Johnny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,009
Interest Rate
5.54%
Mortgage Type
FHA
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
Cortes Matthew $140,000 Performance Title & Settleme
Davis Jason P $129,500 None Available
Craft Johnny $119,950 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortes Matthew $35,000
Open Cortes Matthew $137,464
Previous Owner Davis Jason P $15,000
Previous Owner Davis Jason P $127,000
Previous Owner Davis Jason P $123,025
Previous Owner Craft Johnny $119,009
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2018 07/19/18 Sold $140,000 -3.4% $70 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $145,000 -- $73 / 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 $1,043 $173,800 $40,500 $133,300
2023 $1,835 $152,900 $37,400 $115,500
2022 $1,736 $144,700 $32,400 $112,300
2021 $1,690 $140,800 $30,800 $110,000
2020 $1,637 $136,400 $30,800 $105,600
2019 $1,595 $132,900 $30,800 $102,100
2018 $1,416 $120,000 $30,800 $89,200
2017 $1,402 $118,800 $30,800 $88,000
2016 $1,534 $130,000 $30,800 $99,200
2015 $1,461 $123,800 $27,300 $96,500
2014 $1,461 $123,800 $27,300 $96,500
Source: Public Records

Agents Affiliated with this Home

  • Ashley Donahue

    Seller's Agent in 2018

    Ashley Donahue

    WAINWRIGHT & CO., REALTORS(r)

    (540) 580-3547

    27 in this area

    111 Total Sales

    Section Image
  • Leah Hedrick

    Buyer's Agent in 2018

    Leah Hedrick

    MKB, REALTORS(r)

    (540) 797-2174

    13 in this area

    157 Total Sales

    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 846556

Roanoke Valley Association of REALTORS®

APN: 201-3-7

Virginia Salem City County Salem 24153

509 Front Ave, Salem, VA

This home is located at 509 Front Ave, Salem, VA 24153 since 30 March 2018 and is currently estimated at $264,011, approximately $132 per square foot. This property was built in 1921. 509 Front Ave is a home located in Salem City with nearby schools including South 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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