$330,000
SOLD JAN 16, 2024

521 N Market St Salem, VA 24153

4 Beds
2 Baths
1,980 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$167 Per Sq Ft

4% Below List Price

68 Days on Market

Highlights

  • No HOA
  • Covered patio or porch
  • Restaurant
  • Salem High School Rated A-
  • Public Transportation
  • Bookcases

About This Home

As of January 2024

Welcome home to this Salem City charmer. Walk to nearby Main St , Salem City center, and Roanoke College. The current owners have made beautiful updates to the home, showcasing it's original character. Enter into your cozy sitting room with built in bookshelves and Fireplace. Modern lighting fixtures attract your eyes to the soaring ceilings. Make your way into the updated kitchen with new back splash and quartz counter tops. Explore the home to find your perfect home office - there are many great options! Yard is already fenced in so bring your pooches!

Last Agent to Sell the Property

Renee Fonteneau

NEST REALTY ROANOKE License #0225253053 Listed on: 09/21/2023

NEST REALTY ROANOKE

Last Buyer's Agent

Judy Hillman

LONG & FOSTER - ROANOKE OFFICE License #0225175511

LONG & FOSTER - ROANOKE  OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,822

Year Built

  • Built in 1938

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,980 Sq Ft Home
  • 1.5-Story Property
  • Bookcases
  • Living Room with Fireplace
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 5

Community Details

Overview

  • No Home Owners Association

Amenities

  • Restaurant
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,822

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Interior Features: Book Shelves
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Patio, Paved Driveway
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1320.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 2640
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2023-11-28
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 1980
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1980.00
  • TotalUnfin Sq Ft: 660.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 660.00
  • UpperAboveGrdFin Sq Ft: 660.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.20
  • Lot: 5

Building Info

  • Year Built: 1938

Tax Info

  • Taxes (6 mo): 2822.00
  • FILLTAXID: 70-6-3

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
Sep 21, 2023
Closed on
Jan 16, 2024
Sold by
Register Jesse D and Register Kayse
Bought by
Rabow Gina Marie
Seller's Agent
Renee Fonteneau
NEST REALTY ROANOKE
Buyer's Agent
Judy Hillman
LONG & FOSTER - ROANOKE OFFICE
List Price
$345,000
Sold Price
$330,000
Premium/Discount to List
-$15,000
-4.35%
Views
540
Current Estimated Value
$367,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,351
Avg. Annual Appreciation
7.03%
Original Mortgage
$276,000
Outstanding Balance
$272,611
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$93,558

Purchase Details

Closed on
Aug 2, 2021
Sold by
Lynch Joshua R and Lynch Michelle L
Bought by
Register Jesse D and Register Kayse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
2.93%
Mortgage Type
VA

Purchase Details

Listed on
Feb 9, 2017
Closed on
Mar 15, 2017
Sold by
Jones Colin M and Jones Emily H
Bought by
Lynch Joshua R and Lynch Michelle L
Seller's Agent
Sonya Dickinson
MKB, REALTORS(r)
Buyer's Agent
Durant Vick
MKB, REALTORS(r)
List Price
$179,890
Sold Price
$179,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$170,895
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2012
Closed on
Mar 29, 2012
Sold by
Senter Eugene W and Senter Camille S
Bought by
Jones Colin M and Jones Emily H
Seller's Agent
George Barker
BARKER REALTY CO
List Price
$199,950
Sold Price
$185,000
Premium/Discount to List
-$14,950
-7.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.56%
Original Mortgage
$180,310
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $330,000 Priority Title
Deed $235,000 Virginia Title Center Llc
Deed $179,890 First American Title Ins
Deed $185,000 Preferred Settlement & Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $276,000 New Conventional
Previous Owner $235,000 VA
Previous Owner $170,895 New Conventional
Previous Owner $180,310 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $330,000 -4.3% $167 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
11/15/2023 11/15/23 Price Changed $345,000 +6.2% $174 / Sq Ft
11/08/2023 11/08/23 Price Changed $325,000 -5.7% $164 / Sq Ft
11/07/2023 11/07/23 Price Changed $344,500 -0.1% $174 / Sq Ft
10/26/2023 10/26/23 For Sale $345,000 0.0% $174 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $345,000 -1.4% $174 / Sq Ft
10/17/2023 10/17/23 For Sale $350,000 +6.1% $177 / Sq Ft
10/10/2023 10/10/23 Off Market $330,000 -- --
10/06/2023 10/06/23 Price Changed $350,000 -1.7% $177 / Sq Ft
09/21/2023 09/21/23 For Sale $356,000 +97.9% $180 / Sq Ft
03/31/2017 03/31/17 Sold $179,890 0.0% $100 / Sq Ft
02/12/2017 02/12/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $179,890 -2.8% $100 / Sq Ft
04/02/2012 04/02/12 Sold $185,000 -7.5% $103 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $199,950 -- $111 / 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 $1,549 $258,200 $51,400 $206,800
2023 $2,822 $235,200 $47,400 $187,800
2022 $2,723 $226,900 $45,500 $181,400
2021 $2,809 $234,100 $43,500 $190,600
2020 $2,713 $226,100 $41,500 $184,600
2019 $2,142 $178,500 $39,500 $139,000
2018 $2,051 $173,800 $35,600 $138,200
2017 $2,082 $176,400 $35,600 $140,800
2016 $2,083 $176,500 $35,600 $140,900
2015 $2,021 $171,300 $36,000 $135,300
2014 $2,021 $171,300 $36,000 $135,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 901844

Roanoke Valley Association of REALTORS®

APN: 70-6-3