NOT LISTED FOR SALE

524 Moran Ave Salem, VA 24153

Estimated Value: $249,000 - $271,000

3 Beds
1.5 Baths
1,063 Sq Ft
$243/Sq Ft Est. Value

Last Sold January 14, 2025

Last sale price $240,000 $226 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,455/month

2 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Fenced Yard
  • Ranch Style House
  • Breakfast Area or Nook
  • Storage

About This Home

As of January 2025

Discover this charming 3-bedroom, 1.5-bathroom ranch home nestled in the heart of Salem. Boasting timeless appeal, the home features gleaming hardwood floors that flow throughout the main living areas, creating a warm and inviting atmosphere. The fully fenced backyard offers privacy and a perfect space for outdoor activities, gardening, or entertaining.The full, unfinished basement provides endless possibilities for future expansion, whether you envision additional living space, a home gym, or a workshop. Conveniently located near Salem's schools, shopping, dining, and recreation, this home offers both comfort and potential in an unbeatable location. Don't miss your chance to make this classic ranch your own!

Last Agent to Sell the Property

Katy Cookston

KELLER WILLIAMS COASTAL VIRGINIA License #0225226729 Listed on: 12/04/2024

Last Buyer's Agent

MORGAN L FERGUSON

REAL BROKER LLC - DGA-SALEM License #0225210761

REAL BROKER LLC - DGA-SALEM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,982

Year Built

  • Built in 1965

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced Yard

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,063 Sq Ft Home
  • Insulated Doors
  • Storage
  • Laundry on main level
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Basement

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Kimball Acres Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,982

Year Built

Built in 1965

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Interior Features: Breakfast Area, Storage
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Fenced Yard, Paved Driveway
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1063.00
  • ExteriorDoors: Insulated
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryLowerLevel: 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: 1063
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1063.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 1063.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1063.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.22
  • Lot: 2

Building Info

  • Year Built: 1965

Tax Info

  • Taxes (6 mo): 1982.00

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
Dec 4, 2024
Closed on
Jan 8, 2025
Sold by
Hayes Andrew J
Bought by
Pacific Premier Trust and Ira Carol Payne
Seller's Agent
Katy Cookston
KELLER WILLIAMS COASTAL VIRGINIA
Buyer's Agent
MORGAN L FERGUSON
REAL BROKER LLC - DGA-SALEM
List Price
$225,000
Sold Price
$240,000
Premium/Discount to List
$15,000
6.67%
Views
7
Current Estimated Value
$258,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,038
Avg. Annual Appreciation
6.33%

Purchase Details

Listed on
Jun 12, 2021
Closed on
Jul 14, 2021
Sold by
Thomas Matthew S and Thomas Heather N
Bought by
Hayes Andrew J
Seller's Agent
Ruth An Cooper
MKB, REALTORS(r)
Buyer's Agent
Katy Cookston
KELLER WILLIAMS COASTAL VIRGINIA
List Price
$185,000
Sold Price
$195,000
Premium/Discount to List
$10,000
5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$195,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2016
Closed on
May 24, 2016
Sold by
Beadling Proerties Llc
Bought by
Thomas Mathtw S and Thomas Heather N
Seller's Agent
Waid Powell
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Ruth An Cooper
MKB, REALTORS(r)
List Price
$149,000
Sold Price
$149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$5,215
Interest Rate
3.61%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Jan 13, 2014
Closed on
Feb 4, 2014
Sold by
Pack Walter Edward and Pack David Arnold
Bought by
Beadling Properties Llc
Seller's Agent
David Martin
YOUNG REALTY COMPANY
Buyer's Agent
Robert Powell
EDWIN C HALL ASSOCIATES INC
List Price
$134,550
Sold Price
$125,000
Premium/Discount to List
-$9,550
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
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
Pacific Premier Trust $240,000 Pike Title
Pacific Premier Trust $240,000 Pike Title
Hayes Andrew J $195,000 Accommodation
Thomas Mathtw S $149,000 None Available
Beadling Properties Llc $125,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayes Andrew J $195,000
Previous Owner Thomas Mathtw S $5,215
Previous Owner Thomas Mathtw S $146,301
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2025 01/14/25 Sold $240,000 +6.7% $226 / Sq Ft
12/15/2024 12/15/24 Pending -- -- --
12/13/2024 12/13/24 For Sale $225,000 +15.4% $212 / Sq Ft
07/20/2021 07/20/21 Sold $195,000 +5.4% $183 / Sq Ft View Prior Sale
06/14/2021 06/14/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $185,000 +24.2% $174 / Sq Ft
05/31/2016 05/31/16 Sold $149,000 0.0% $140 / Sq Ft View Prior Sale
04/26/2016 04/26/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $149,000 +19.2% $140 / Sq Ft
02/07/2014 02/07/14 Sold $125,000 -7.1% $118 / Sq Ft View Prior Sale
01/20/2014 01/20/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $134,550 -- $127 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $1,172 $198,700 $39,300 $159,400
2024 $1,109 $184,800 $37,800 $147,000
2023 $1,982 $165,200 $36,300 $128,900
2022 $1,788 $149,000 $32,200 $116,800
2021 $1,648 $137,300 $30,700 $106,600
2020 $1,608 $134,000 $30,700 $103,300
2019 $1,518 $126,500 $30,700 $95,800
2018 $1,460 $123,700 $29,200 $94,500
2017 $1,444 $122,400 $29,200 $93,200
2016 $1,442 $122,200 $29,200 $93,000
2015 $1,319 $111,800 $29,000 $82,800
2014 $1,319 $111,800 $29,000 $82,800
Source: Public Records

Agents Affiliated with this Home

  • Katy Cookston

    Seller's Agent in 2025

    Katy Cookston

    KELLER WILLIAMS COASTAL VIRGINIA

    (540) 520-8402

    41 in this area

    225 Total Sales

    Katy Cookston
    Section Image

  • M

    Buyer's Agent in 2025

    MORGAN L FERGUSON

    REAL BROKER LLC - DGA-SALEM

    11 in this area

    115 Total Sales

    MORGAN L FERGUSON
    Section Image
  • Ruth An Cooper

    Seller's Agent in 2021

    Ruth An Cooper

    MKB, REALTORS(r)

    (540) 819-1925

    6 in this area

    78 Total Sales

    Ruth An Cooper
    Section Image

  • W

    Seller's Agent in 2016

    Waid Powell

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 330-1415

    3 in this area

    17 Total Sales

    Waid Powell
    Section Image

  • D

    Seller's Agent in 2014

    David Martin

    YOUNG REALTY COMPANY

    13 Total Sales

    David Martin
    Section Image

  • R

    Seller Co-Listing Agent in 2014

    Robert Rouse

    YOUNG REALTY COMPANY

    (540) 529-1555

    4 in this area

    53 Total Sales

    Robert Rouse
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 912861

Roanoke Valley Association of REALTORS®

APN: 235-5-2

Virginia Salem City County Salem 24153

524 Moran Ave, Salem, VA

Not Listed for Sale

Detached

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