Estimated Value: $211,000 - $310,000
Highlights
- No HOA
- Forced Air Heating and Cooling System
- 4-minute walk to Salem Parks & Recreation
- G.W. Carver Elementary School Rated 9+
About This Home
As of March 2019Rare opportunity to own a remodeled duplex in Salem. Most recent updates include roof, windows, siding, refinished floors and carpet, kitchen and baths. Great rental income or live on one side and rent the other side. Both sides have gas heat. 618 7th Street is 3 bedrooms with central air, 1 bath, kitchen, dining room, living room, heated laundry/storage room, also additional storage room on back of home. 614 7th Street is 2 bedrooms, large kitchen with attached dining area, spacious living room, full bath. Storage building has locks to share with both sides.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,381
Year Built
- Built in 1959
Lot Details
- 7,405 Sq Ft Lot
Home Design
- Duplex
Interior Spaces
- 2,062 Sq Ft Home
- Crawl Space
Parking
- 2 Parking Spaces
- Off-Site Parking
Schools
- G. W. Carver Elementary School
- Andrew Lewis Middle School
- Salem High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 31 & 32
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- Operating Expense $8,200
- Gross Income $17,000
- Net Operating Income $8,800
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $129,000 | First Choice Title & Setmnt | ||
| -- | Multiple | ||
| -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $109,650 | ||
| Previous Owner | $80,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/15/2019 03/15/19 | Sold | $129,000 | -4.1% | $63 / Sq Ft |
| 02/05/2019 02/05/19 | Pending | -- | -- | -- |
| 01/31/2019 01/31/19 | For Sale | $134,500 | -- | $65 / Sq Ft |
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $979 | $166,000 | $35,900 | $130,100 |
| 2024 | $916 | $152,700 | $34,900 | $117,800 |
| 2023 | $1,688 | $140,700 | $32,400 | $108,300 |
| 2022 | $1,606 | $133,800 | $28,400 | $105,400 |
| 2021 | $1,546 | $128,800 | $26,200 | $102,600 |
| 2020 | $1,470 | $122,500 | $26,200 | $96,300 |
| 2019 | $1,404 | $117,000 | $26,200 | $90,800 |
| 2018 | $1,106 | $93,700 | $26,200 | $67,500 |
| 2017 | $1,106 | $93,700 | $26,200 | $67,500 |
| 2016 | $1,106 | $93,700 | $26,200 | $67,500 |
| 2015 | $1,097 | $93,000 | $26,300 | $66,700 |
| 2014 | $1,097 | $93,000 | $26,300 | $66,700 |
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 855604
APN: 186-9-5
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Ask me questions while you tour the home.