NOT LISTED FOR SALE

702 Diamond Rd Salem, VA 24153

Salem Area

Estimated Value: $282,000 - $352,000

4 Beds
2 Baths
1,841 Sq Ft
$175/Sq Ft Est. Value

Sale Details

Date Sold: March 12, 2021

Last sale price $225,000 $122 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,025 / mo

42 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Central Air
  • No HOA
  • Shed
  • Ceiling Fan

About This Home

As of March 2021

This 2100 sq ft. 4 bedroom, 2 bath home is located in a great family neighborhood in Salem, Orchard Heights! This home has been well cared for with nicely sized bedrooms, living room and family room with bar and masonry fireplace. Also, an updated HVAC system, maintenance free exterior, covered front porch and rear deck, perfect for entertaining. Deer often browse the large lot and you'll appreciate the quiet streets. This is a great opportunity, move in ready. Come and view today!

Last Agent to Sell the Property

Brian Marshall

WAINWRIGHT & CO., REALTORS® License #0225193389 Listed on: 12/16/2020

WAINWRIGHT & CO., REALTORS®

Last Buyer's Agent

Curtis Sheets

WAINWRIGHT & CO., REALTORS®- LAKE License #0225103608

WAINWRIGHT & CO., REALTORS®- LAKE

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,947

Year Built

  • Built in 1972

Lot Details

  • 17,424 Sq Ft Lot
  • Gentle Sloping Lot

Home Design

  • Split Foyer
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Orchard Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,947

Year Built

Built in 1972

Lot Details

0.4 Acres

Listing Details

  • Interior Features: Ceiling Fan, Masonry Fireplace
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Dishwasher, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck, Paved Driveway, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • EntryAboveGrdFin Sq Ft: 1050.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 791.00
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Split-Foyer
  • Total Above Grd Fin S Q F T: 1050
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1841.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Maint-Free Exterior

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.40
  • Lot: 13

Building Info

  • Year Built: 1972

Tax Info

  • Taxes (6 mo): 1947.00

MLS Schools

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

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.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2020
Closed on
Feb 16, 2021
Sold by
Bought by
Seller's Agent
Brian Marshall
WAINWRIGHT & CO., REALTORS®
Buyer's Agent
Curtis Sheets
WAINWRIGHT & CO., REALTORS®- LAKE
List Price
$234,900
Sold Price
$225,000
Premium/Discount to List
-$9,900
-4.21%
Current Estimated Value
$321,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,645
Avg. Annual Appreciation
6.76%
Original Mortgage
$191,250
Outstanding Balance
$170,661
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$150,984

Purchase Details

Closed on
Apr 30, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Salem, VA

  • Brenda Woody Real Estate Agent - Long & Foster - Blacksburg

    Brenda Woody

    Responds Quickly

    Long & Foster - Blacksburg

    (540) 385-4026

    131 Total Sales

    4 in Salem

    $177K - $240K Price Range

    Brenda Woody
     Section Image
  • Debbie Shelton Real Estate Agent - BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Debbie Shelton

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 329-3697

    159 Total Sales

    1 in Salem

    $530,000 Price

    Debbie Shelton
     Section Image
  • Lucinda Scruggs Real Estate Agent - QUALITY REALTY

    Lucinda Scruggs

    QUALITY REALTY

    (540) 401-5951

    125 Total Sales

    1 in Salem

    $244,000 Price

    Lucinda Scruggs
     Section Image
  • Brad Thomas Real Estate Agent - MOUNTAIN VIEW REAL ESTATE LLC

    Brad Thomas

    Responds Quickly

    MOUNTAIN VIEW REAL ESTATE LLC

    (540) 900-1493

    558 Total Sales

    26 in Salem

    $28K - $750K Price Range

    Brad Thomas
     Section Image
  • Mary Wright Real Estate Agent - Keller Williams New River Valley

    Mary Wright

    Responds Quickly

    Keller Williams New River Valley

    (540) 698-5524

    72 Total Sales

    2 in Salem

    $370,000 Price Range

    Mary Wright
     Section Image
  • Joe Racek Real Estate Agent - Sycamore Realtors

    Joe Racek

    Sycamore Realtors

    (540) 299-2761

    225 Total Sales

    2 in Salem

    $245K - $255K Price Range

    Joe Racek
     Section Image
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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
$225,000 Virginia Title Center
-- None Available
Source: Public Records

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 $191,250
Source: Public Records

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
03/12/2021 03/12/21 Sold $225,000 -4.2% $122 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $234,900 -- $128 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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
2026 $3,119 $268,900 $53,500 $215,400
2025 $1,464 $248,200 $50,400 $197,800
2024 $1,412 $235,400 $47,000 $188,400
2023 $2,430 $202,500 $42,900 $159,600
2022 $2,262 $188,500 $40,900 $147,600
2021 $2,003 $166,900 $38,800 $128,100
2020 $1,946 $162,200 $38,800 $123,400
2019 $1,913 $159,400 $38,800 $120,600
2018 $1,816 $153,900 $36,800 $117,100
2017 $1,807 $153,100 $36,800 $116,300
2016 $1,807 $153,100 $36,800 $116,300
2015 $1,792 $151,900 $38,400 $113,500
2014 $1,792 $151,900 $38,400 $113,500
Source: Public Records

Agents Affiliated with this Home

  • BM

    Seller's Agent in 2021

    Brian Marshall

    WAINWRIGHT & CO., REALTORS®

    Section Image
  • Curtis Sheets Real Estate Agent - WAINWRIGHT & CO., REALTORS®- LAKE

    Buyer's Agent in 2021

    Curtis Sheets

    WAINWRIGHT & CO., REALTORS®- LAKE

    (540) 293-1033

    29 Total Sales

    Curtis Sheets
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 875754

Roanoke Valley Association of REALTORS®

APN: 261-2-13

Virginia Salem City County Salem 24153

702 Diamond Rd, Salem, VA

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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