NOT LISTED FOR SALE

55 Ward St Salem, VA 24153

Estimated Value: $147,000 - $170,408

3 Beds
1 Bath
1,086 Sq Ft
$143/Sq Ft Est. Value

Last Sold January 05, 2023

Last sale price $115,000 $106 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $873/month

25 Days on Market

About This Home

As of January 2023

Great fixer upper in Salem school district. With a little TLC this could be a good income producing property or customize it to live in. New roof in 2019. Recent electrical upgrade. Vinyl siding recently replaced. Gas furnace recently replaced. Some replacement windows. Wood floor on entry, under carpet. Sold as-is, inspections welcome, but for buyer information only, no repairs to be made.

Last Agent to Sell the Property

Sharon Smith

RE/MAX REAL ESTATE ONE License #0225086492 Listed on: 11/10/2022

RE/MAX REAL ESTATE ONE

Last Buyer's Agent

Irina Hallacher

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225191711

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $987

Year Built

  • Built in 1950

Lot Details

  • 0.25 Acre Lot
  • Cleared Lot

Parking

  • Off-Street Parking

Interior Spaces

  • 1,086 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Edgewood Subdivision

Listing and Financial Details

  • Tax Lot 32

Home Details

Home Type

Single Family

Est. Annual Taxes

$987

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full
  • Cooling System: None
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 852.00
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 1086
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1086.00
  • TotalUnfin Sq Ft: 852.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 852.00
  • UpperAboveGrdFin Sq Ft: 234.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Lot Info

  • Lot Description: Cleared
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.25
  • Lot: 32

Building Info

  • Year Built: 1950

Tax Info

  • Taxes (6 mo): 987.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Jan 3, 2023
Sold by
Overstreet Sandra P
Bought by
Hallacher Irina A and Johnson James Kermit
Seller's Agent
Sharon Smith
RE/MAX REAL ESTATE ONE
Buyer's Agent
Irina Hallacher
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$124,500
Sold Price
$115,000
Premium/Discount to List
-$9,500
-7.63%
Current Estimated Value
$155,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,352
Avg. Annual Appreciation
10.58%
Original Mortgage
$86,250
Outstanding Balance
$83,573
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$71,779
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hallacher Irina A $115,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hallacher Irina A $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2023 01/05/23 Sold $115,000 -7.6% $106 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $124,500 -- $115 / 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
2025 $743 $125,900 $29,100 $96,800
2024 $688 $114,600 $27,600 $87,000
2023 $1,091 $90,900 $25,700 $65,200
2022 $986 $82,200 $21,300 $60,900
2021 $961 $80,100 $20,200 $59,900
2020 $947 $78,900 $20,200 $58,700
2019 $935 $77,900 $20,200 $57,700
2018 $778 $65,900 $20,200 $45,700
2017 $771 $65,300 $20,200 $45,100
2016 $512 $65,300 $20,200 $45,100
2015 $512 $68,000 $20,000 $48,000
2014 $512 $68,000 $20,000 $48,000
Source: Public Records

Agents Affiliated with this Home

  • Sharon Smith

    Seller's Agent in 2023

    Sharon Smith

    RE/MAX

    (540) 797-4333

    11 in this area

    67 Total Sales

    Sharon Smith
    Section Image
  • Irina Hallacher

    Buyer's Agent in 2023

    Irina Hallacher

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 521-9943

    6 in this area

    220 Total Sales

    Irina Hallacher
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 894315

Roanoke Valley Association of REALTORS®

APN: 79-2-33

Virginia Salem City County Salem 24017

55 Ward St, Salem, VA

Not Listed for Sale

Detached

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