NOT LISTED FOR SALE

520 Stonewall St Salem, VA 24153

Estimated Value: $68,280 - $297,000

0.42 Acre
$331,714 Price per Acre
18,295 Sq Ft Lot

Last Sold June 23, 2022

Last sale price $60,000

Est. 132% increase in value since last sale

Current estimated payment $753/month

35 Days on Market

About This Lot

As of June 2022

Great large level building lot on a quiet cul-de-sac. Located in North Salem. Close to downtown Salem, Roanoke College and easy access to I-81.

Last Agent to Sell the Property

Rene Reiner

REINER REALTY License #0225220213 Listed on: 05/06/2022

Last Buyer's Agent

Steve Stevens

RE/MAX REAL ESTATE ONE License #0225098053

RE/MAX REAL ESTATE ONE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $500

Lot Details

  • 0.42 Acre Lot
  • Level Lot

Schools

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

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1B

Property Details

Property Type

Land

Est. Annual Taxes

$500

Lot Details

0

Listing Details

  • Type: Land
  • CondoAssocYN: No
  • ElectricDescription: Available
  • Internet Access: Cable
  • Land Sub Type: Residential - Single Family
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Gas Description: Natural Gas
  • Sewer Description: Public Sewer
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Cable TV Avail

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Level
  • Total Acreage: 0.42
  • Lot: 1B
  • Land Type: Lot

Tax Info

  • Taxes (6 mo): 500.00

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
May 6, 2022
Closed on
Jun 17, 2022
Sold by
Garst Michael O
Bought by
Mckibben Donald and Mckibben Janet
Seller's Agent
Rene Reiner
REINER REALTY
Buyer's Agent
Steve Stevens
RE/MAX REAL ESTATE ONE
List Price
$74,995
Sold Price
$60,000
Premium/Discount to List
-$14,995
-19.99%
Current Estimated Value
$139,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,320
Avg. Annual Appreciation
26.28%

Purchase Details

Closed on
Jun 12, 2009
Sold by
Garst Michael O and Garst Elizabeth Imogen
Bought by
Garst Michael O
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
Mckibben Donald $60,000 Acquisition Title
Garst Michael O -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2022 06/23/22 Sold $60,000 -20.0% --
06/10/2022 06/10/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $74,995 -- --
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 $342 $57,900 $57,900 $0
2024 $338 $56,300 $56,300 $0
2023 $646 $53,800 $53,800 $0
2022 $596 $49,700 $49,700 $0
2021 $553 $46,100 $46,100 $0
2020 $522 $43,500 $43,500 $0
2019 $522 $43,500 $43,500 $0
2018 $513 $43,500 $43,500 $0
2017 $513 $43,500 $43,500 $0
2016 $513 $43,500 $43,500 $0
2015 $253 $42,800 $42,800 $0
2014 $253 $42,800 $42,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Rene Reiner

    Seller's Agent in 2022

    Rene Reiner

    REINER REALTY

    (540) 793-4095

    12 in this area

    190 Total Sales

    Rene Reiner
    Section Image
  • Steve Stevens

    Buyer's Agent in 2022

    Steve Stevens

    RE/MAX

    (309) 261-3355

    24 in this area

    134 Total Sales

    Steve Stevens
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 889255

Roanoke Valley Association of REALTORS®

APN: 60-7-5.1

Virginia Salem City County Salem 24153

520 Stonewall St, Salem, VA

Not Listed for Sale

Lots

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