--
Bed
--
Bath
2,146
Sq Ft
6,098
Sq Ft Lot
Highlights
- No HOA
- Salem High School Rated A-
- Central Air
About This Home
As of January 2025This beautifully renovated duplex in the heart of Salem offers modern updates throughout, providing an ideal investment opportunity in a prime area. Each unit features 2 bedrooms and 1 bath, perfect for tenants or owner-occupants alike. Located within walking distance to downtown Salem, Roanoke College, the Salem Civic Center, and Salem Red Sox stadium, this property ensures convenient access to local amenities and entertainment. Perfect for generating passive income in a desirable area. Schedule your showing today!
Last Agent to Sell the Property
KELLER WILLIAMS COASTAL VIRGINIA License #0225226729 Listed on: 11/03/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,332
Year Built
- Built in 1985
Lot Details
- 6,098 Sq Ft Lot
Home Design
- 2,146 Sq Ft Home
- Duplex
- Brick Exterior Construction
- Slab Foundation
Schools
- G. W. Carver Elementary School
- Andrew Lewis Middle School
- Salem High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 19 & 20
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2024
Closed on
Jan 7, 2025
Sold by
Johnson Julia
Bought by
Hayes Leslie M
Seller's Agent
Katy Cookston
KELLER WILLIAMS COASTAL VIRGINIA
Buyer's Agent
Toni Gravely
KELLER WILLIAMS REALTY ROANOKE
List Price
$350,000
Sold Price
$315,000
Premium/Discount to List
-$35,000
-10%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,915
Avg. Annual Appreciation
0.40%
Original Mortgage
$131,000
Outstanding Balance
$130,664
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$184,903
Purchase Details
Closed on
Dec 29, 2022
Sold by
Johnson Joseph Wayne
Bought by
Johnson Julia
Purchase Details
Closed on
May 20, 2016
Sold by
Ramey Barbara Ann and Will Of Charlotte Beatrice And
Bought by
Elkins Jeffrey L and Allen Charlotte Beatrice Ramey Elkin
Purchase Details
Closed on
Feb 6, 2009
Sold by
Church Barbara Ann Ramey and Anna Bell Ramey Revocable Trus
Bought by
Anderson Charlotte Beatrice
Similar Homes in Salem, VA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $315,000 | First American Title | |
| Deed | $315,000 | First American Title | |
| Deed | -- | -- | |
| Deed | -- | None Available | |
| Gift Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $131,000 | New Conventional | |
| Closed | $131,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/08/2025 01/08/25 | Sold | $315,000 | -10.0% | $147 / Sq Ft |
| 11/22/2024 11/22/24 | Pending | -- | -- | -- |
| 11/08/2024 11/08/24 | For Sale | $350,000 | -- | $163 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History Compared to Growth
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 | $1,166 | $194,300 | $29,100 | $165,200 |
| 2023 | $2,071 | $172,600 | $27,000 | $145,600 |
| 2022 | $1,982 | $165,200 | $23,700 | $141,500 |
| 2021 | $1,906 | $158,800 | $21,900 | $136,900 |
| 2020 | $1,795 | $149,600 | $21,900 | $127,700 |
| 2019 | $1,706 | $142,200 | $21,900 | $120,300 |
| 2018 | $1,568 | $132,900 | $21,900 | $111,000 |
| 2017 | $1,568 | $132,900 | $21,900 | $111,000 |
| 2016 | $1,565 | $132,600 | $21,900 | $110,700 |
| 2015 | $1,497 | $126,900 | $26,300 | $100,600 |
| 2014 | $1,497 | $126,900 | $26,300 | $100,600 |
Source: Public Records
Agents Affiliated with this Home
-
Katy Cookston
Seller's Agent in 2025
Katy Cookston
KELLER WILLIAMS COASTAL VIRGINIA
(540) 520-8402
231 Total Sales
-
Toni Gravely
Buyer's Agent in 2025
Toni Gravely
KELLER WILLIAMS REALTY ROANOKE
(540) 676-5795
141 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 912175
APN: 160-8-11.1
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