$399,950
SOLD AUG 27, 2025

5417 Salem St Richmond, VA 23231

Fulton Neighborhood
3 Beds
2.5 Baths
1,453 Sq Ft
5,249 Sq Ft Lot

Recently Sold

$275 Per Sq Ft

17 Days on Market

Highlights

  • New Construction
  • Cape Cod Architecture
  • Wood Flooring
  • Open High School Rated A+
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of August 2025

Enjoy this awesome new construction home in quiet Fulton on a non-through street, and around the corner from Triple Crossing Brewery, Blue Atlas, Church Hill, Powhatan Park and the James River and minutes from Downtown!! Featuring 3 bedrooms 2.5 baths and 1,450 SF of living space with an unfinished walkout basement that's almost 1,000SF set to be completed August 1st 2025!! Enjoy great views of the quiet street on your covered front porch and enjoy living in your new home with tons of upgrades throughout to include 9' ceilings on the first floor, wide plank engineered hardwoods throughout, lots of can lights, massive 10x16 private rear balcony, a walk out basement with a bathroom already roughed in, 9' ceilings and poured concrete walls and more!! Spacious LR with transom over the front door and 2 coat closets for added storage and features a nice sized space for ease of living and sight lines into the kitchen and dining areas! Kitchen boasting quartz counter tops, soft close doors and drawers, SS Appliances with a pantry and not to mention a 7' island with a bar overhang as well as a larger rear deck overlooking the back yard!! First Floor Primary bedroom with a nice sized WIC and en suite featuring tile floors, oversized vanity with tub/shower and tile surround! Powder room off the rear hall is tucked away or privacy! Larger totally private back yard! Nice sized bedrooms on the 2nd floor with larger closets and plenty of overhead lighting! Hall bath features tile floors and larger vanity! Massive walk out unfinished basement is perfect for a band room, rec room, workshop or just plain old storage and features a French door out onto the larger 10x16 concrete patio and overlook the private rear yard! Photos are of a nearly identical home selections in this home could be slightly different. See supplements for info on Chase Community Lending program. This house qualifies and it’s potentially a much lower interest rate on a 30-year fixed conventional loan!

Last Agent to Sell the Property

Matt Jarreau

Hometown Realty License #0225175691 Listed on: 05/21/2025

Last Buyer's Agent

Beth Davis

Liz Moore & Associates License #0225269509

Liz Moore & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $408

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 5,249 Sq Ft Lot
  • Lot Dimensions are 35x150
  • Picket Fence
  • Privacy Fence
  • Landscaped
  • Level Lot
  • Zoning described as R-5

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,453 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • French Doors
  • Dining Area
  • Unfinished Basement
  • Interior Basement Entry
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Induction Cooktop
  • Stove
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Schools

  • Chimborazo Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • Cable TV Available

Community Details

  • Powhatan Place Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number E010-0138-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$408

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2025
  • Property Attached Yn: No
  • Lot Size Acres: 0.1205
  • Lot Size: 35x150
  • Ownership: Corporate
  • Subdivision Name: Powhatan Place
  • Above Grade Finished Sq Ft: 1453.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: Actual
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 987.0
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Basement: Interior Entry, Unfinished
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Smooth Cooktop, Self Cleaning Oven, Stove, Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Dining Area, Eat-in Kitchen, French Door(s)/Atrium Door(s), Granite Counters, High Ceilings, Kitchen Island, Bath in Primary Bedroom, Main Level Primary, Pantry, Recessed Lighting, Cable TV, Walk-In Closet(s)
  • Living Area: 1453.0
  • Stories: 2
  • Window Features: Screens

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: Picket, Privacy, Fenced
  • Lot Features: Landscaped, Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Deck, Porch
  • Patio And Porch Features: Front Porch, Patio, Deck, Porch
  • Property Condition: New Construction

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E010-0138-013
  • Zoning Description: R-5

Tax Info

  • Tax Year: 2025
  • Tax Lot: 13

MLS Schools

  • Elementary School: Chimborazo
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2025
Closed on
Aug 20, 2025
Sold by
Watchtower Homes And Construction Llc
Bought by
Davis Elizabeth A and Davis Seth A
Seller's Agent
Matt Jarreau
Hometown Realty
Buyer's Agent
Beth Davis
Liz Moore & Associates
List Price
$399,950
Sold Price
$399,950
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.45%
Original Mortgage
$379,952
Outstanding Balance
$379,952
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$14,246
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $399,950 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $379,952 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 Sold $399,950 0.0% $275 / Sq Ft
06/07/2025 06/07/25 Pending -- -- --
05/21/2025 05/21/25 For Sale $399,950 +13231.7% $275 / Sq Ft
02/03/2017 02/03/17 Sold $3,000 -85.0% --
11/05/2016 11/05/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $20,000 +263.6% --
11/22/2013 11/22/13 Sold $5,500 -49.0% --
10/31/2013 10/31/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $10,777 -- --
Source: Central Virginia Regional MLS

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 $408 $34,000 $34,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Jarreau

    Seller's Agent in 2025

    Matt Jarreau

    Hometown Realty

    (804) 306-9019

    56 in this area

    750 Total Sales

    Matt Jarreau
    Section Image
  • Beth Davis

    Buyer's Agent in 2025

    Beth Davis

    Liz Moore & Associates

    (804) 396-3069

    1 in this area

    1 Total Sale

    Beth Davis
    Section Image
  • Sean Priest

    Seller's Agent in 2017

    Sean Priest

    Hometown Realty

    (804) 334-6358

    80 Total Sales

    Sean Priest
    Section Image
  • Dorothy Branch

    Seller's Agent in 2013

    Dorothy Branch

    Century 21 All American

    (804) 378-2234

    17 Total Sales

    Dorothy Branch
    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2514128

Central Virginia Regional MLS

APN: E010-0138-013

Virginia Richmond City County Richmond 23231 Fulton

5417 Salem St, Richmond, VA

This home is located at 5417 Salem St, Richmond, VA 23231 and is currently priced at $399,950, approximately $275 per square foot. This property was built in 2025. 5417 Salem St is a home located in Richmond City with nearby schools including Chimborazo Elementary School, Martin Luther King Jr. Middle School, and Armstrong 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.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

Nearby Homes