NOT LISTED FOR SALE

626 S Market St Salem, VA 24153

Estimated Value: $249,758 - $280,000

4 Beds
4 Baths
1,868 Sq Ft
$140/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $215,000 $115 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,478/month

107 Days on Market

Highlights

  • No HOA
  • Shed
  • Forced Air Heating and Cooling System
  • G.W. Carver Elementary School Rated 9+

About This Home

As of April 2022

Huge 2 story home featuring 4 bedrooms, 4 full baths, huge kitchen with dining area, master on main floor, laundry, living room, updated cabinets and vanity's fixtures, luxury vinyl flooring throughout the house, mud room, freshly painted, large parking area at the back of the house. Closet being added to one of the bedrooms upstairs. HVAC replaced within the last 3 years. Perfect rental opportunity and/or possible future commercial space.

Last Agent to Sell the Property

Julie Poff

MKB, REALTORS(r) License #0225063336 Listed on: 11/24/2021

MKB, REALTORS(r)

Last Buyer's Agent

Mack Garmon

RE/MAX REAL ESTATE ONE License #0225092153

RE/MAX REAL ESTATE ONE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1910

Lot Details

  • 6,229

Interior Spaces

  • 1,868 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 4 Full Bathrooms

Outdoor Features

  • Shed

Schools

  • G. W. Carver Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13 & 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,400

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Heating System: Forced Air Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1000.00
  • FullBathsFullBathsEntryLvl: 3
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 1868
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Comcast
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2022-03-11
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubdivisionMap: Salem Improvement
  • Total Above Grd Fin S Q F T: 1868
  • TotalBdrm: 4
  • TotalBths: 4.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 1868.00
  • UpperAboveGrdFin Sq Ft: 868.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: No

Utilities

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

Association/Amenities

  • Misc Features: Paved Road

Schools

  • Elementary School: G. W. Carver
  • Middle School: Andrew Lewis
  • High School: Salem High

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Lot: 13 & 14

Building Info

  • Year Built: 1910

Tax Info

  • Taxes (6 mo): 1400.00
  • FILLTAXID: 160-8-6

MLS Schools

  • Elementary School: G. W. Carver
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2024
Sold by
Nugent Ruimel
Bought by
626 S Market St Llc
Current Estimated Value
$261,690

Purchase Details

Listed on
Mar 12, 2019
Closed on
Jul 22, 2019
Sold by
Philpott James R
Bought by
Jones Ronald C and Jones Angel G
Seller's Agent
Rob Robinson
RE/MAX REAL ESTATE ONE
Buyer's Agent
Sidney Clinevell
KELLER WILLIAMS REALTY ROANOKE
List Price
$149,950
Sold Price
$147,900
Premium/Discount to List
-$2,050
-1.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$147,900
Interest Rate
3.8%
Mortgage Type
VA

Purchase Details

Listed on
Oct 11, 2016
Closed on
Mar 3, 2017
Sold by
Rao Steven M and Rao David A
Bought by
Philpott James R
Seller's Agent
Rob Robinson
RE/MAX REAL ESTATE ONE
Buyer's Agent
Rob Robinson
RE/MAX REAL ESTATE ONE
List Price
$74,900
Sold Price
$64,375
Premium/Discount to List
-$10,525
-14.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.90%
Original Mortgage
$61,156
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2006
Sold by
Conner Larry J and Conner Rhonda S
Bought by
Rao Steven M and Rao David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
626 S Market St Llc -- None Listed On Document
Jones Ronald C $147,900 Performance Ttl & Setmnt Inc
Philpott James R $64,375 Fidelity National Title Ins
Rao Steven M $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Ronald C $147,900
Previous Owner Philpott James R $61,156
Previous Owner Rao Steven M $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2022 04/18/22 Sold $215,000 -4.4% $115 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
11/24/2021 11/24/21 For Sale $224,950 +52.1% $120 / Sq Ft
07/22/2019 07/22/19 Sold $147,900 -1.4% $75 / Sq Ft View Prior Sale
06/24/2019 06/24/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $149,950 +132.9% $76 / Sq Ft
03/24/2017 03/24/17 Sold $64,375 -14.1% $34 / Sq Ft View Prior Sale
02/17/2017 02/17/17 Pending -- -- --
10/11/2016 10/11/16 For Sale $74,900 -- $40 / 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 $1,123 $190,300 $29,900 $160,400
2024 $1,022 $170,400 $29,100 $141,300
2023 $2,027 $168,900 $27,000 $141,900
2022 $1,574 $131,200 $23,700 $107,500
2021 $1,499 $124,900 $21,900 $103,000
2020 $1,447 $120,600 $21,900 $98,700
2019 $1,028 $85,700 $21,900 $63,800
2018 $794 $67,300 $21,900 $45,400
2017 $794 $67,300 $21,900 $45,400
2016 $787 $66,700 $21,900 $44,800
2015 $811 $68,700 $21,000 $47,700
2014 $811 $68,700 $21,000 $47,700
Source: Public Records

Agents Affiliated with this Home

  • Julie Poff

    Seller's Agent in 2022

    Julie Poff

    MKB, REALTORS(r)

    (540) 563-9903

    27 in this area

    51 Total Sales

    Julie Poff
    Section Image
  • Mack Garmon

    Buyer's Agent in 2022

    Mack Garmon

    RE/MAX

    (540) 354-5141

    12 in this area

    84 Total Sales

    Mack Garmon
    Section Image
  • Rob Robinson

    Seller's Agent in 2019

    Rob Robinson

    RE/MAX

    (540) 520-3198

    30 in this area

    75 Total Sales

    Rob Robinson
    Section Image

  • S

    Buyer's Agent in 2019

    Sidney Clinevell

    KELLER WILLIAMS REALTY ROANOKE

    (540) 467-6179

    5 in this area

    20 Total Sales

    Sidney Clinevell
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 885529

Roanoke Valley Association of REALTORS®

APN: 160-8-6

Virginia Salem City County Salem 24153

626 S Market St, Salem, VA

This home is located at 626 S Market St, Salem, VA 24153 since 24 November 2021 and is currently estimated at $261,690, approximately $140 per square foot. This property was built in 1910. 626 S Market St is a home located in Salem City with nearby schools including G.W. Carver Elementary School, Andrew Lewis Middle School, and Salem 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.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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