NOT LISTED FOR SALE

702 Front Ave Salem, VA 24153

Estimated Value: $218,000 - $303,000

3 Beds
1 Bath
1,364 Sq Ft
$190/Sq Ft Est. Value

Last Sold July 05, 2024

Last sale price $100,000 $73 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,496/month

Highlights

  • No HOA
  • 1-Story Property
  • 4-minute walk to Salem Parks & Recreation Department
  • Salem High School Rated A-

About This Home

As of July 2024

This home is located at 702 Front Ave, Salem, VA 24153 since 21 March 2024 and is currently estimated at $258,600, approximately $189 per square foot. This property was built in 1925. 702 Front Ave is a home located in Salem City with nearby schools including South Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

Last Agent to Sell the Property

Michael Belcher

KELLER WILLIAMS REALTY ROANOKE License #0225259605 Listed on: 03/21/2024

KELLER WILLIAMS REALTY ROANOKE

Last Buyer's Agent

Payne Bowen

KELLER WILLIAMS REALTY ROANOKE License #0225260551

KELLER WILLIAMS REALTY ROANOKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,336

Year Built

  • Built in 1925

Lot Details

  • 7,841 Sq Ft Lot

Interior Spaces

  • 1,364 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1, 2, 13

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,336

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Heating System: Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Cooling System: Other - See Remarks
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1364.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1364
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2024-03-21
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 1364
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1364.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

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

Schools

  • Elementary School: South Salem
  • Middle School: Andrew Lewis
  • High School: Salem High

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.18
  • Lot: 1, 2, 13

Building Info

  • Year Built: 1925

Tax Info

  • Taxes (6 mo): 1335.60
  • FILLTAXID: 201-10-2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Jul 5, 2024
Sold by
Sheppard Eustacia Karla and Matthews Jeremy J
Bought by
Mclip Properties Llc
Seller's Agent
Michael Belcher
KELLER WILLIAMS REALTY ROANOKE
Buyer's Agent
Payne Bowen
KELLER WILLIAMS REALTY ROANOKE
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%
Views
11
Current Estimated Value
$258,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,600
Avg. Annual Appreciation
123.71%

Purchase Details

Closed on
Jan 19, 2013
Sold by
Gordon David M and Matthews David A
Bought by
Matthews David A

Purchase Details

Closed on
Oct 29, 2009
Sold by
Shilling Ralph T
Bought by
Gordon David M and Matthews David A

Purchase Details

Closed on
Aug 25, 2005
Sold by
Shilling Ralph T and Heppert Elizabeth S
Bought by
Shelling Ralph T
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
Mclip Properties Llc $100,000 Star City Title
Matthews David A $91,200 None Available
Gordon David M $68,586 Star City Title & Settlement
Shelling Ralph T -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2024 07/05/24 Sold $100,000 -16.7% $73 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $120,000 -- $88 / 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 $1,161 $196,800 $35,700 $161,100
2024 $737 $122,900 $34,100 $88,800
2023 $1,336 $111,300 $31,500 $79,800
2022 $1,206 $100,500 $27,300 $73,200
2021 $1,144 $95,300 $25,900 $69,400
2020 $1,175 $97,900 $25,900 $72,000
2019 $1,129 $94,100 $25,900 $68,200
2018 $1,100 $93,200 $25,900 $67,300
2017 $1,089 $92,300 $25,900 $66,400
2016 $1,103 $93,500 $25,900 $67,600
2015 $1,076 $91,200 $26,000 $65,200
2014 $1,076 $91,200 $26,000 $65,200
Source: Public Records

Agents Affiliated with this Home

  • Michael Belcher

    Seller's Agent in 2024

    Michael Belcher

    KELLER WILLIAMS REALTY ROANOKE

    (540) 314-5855

    16 in this area

    193 Total Sales

    Michael Belcher
    Section Image

  • P

    Buyer's Agent in 2024

    Payne Bowen

    KELLER WILLIAMS REALTY ROANOKE

    (276) 768-6830

    1 in this area

    11 Total Sales

    Payne Bowen
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 905966

Roanoke Valley Association of REALTORS®

APN: 201-10-2

Virginia Salem City County Salem 24153

702 Front Ave, Salem, VA

This home is located at 702 Front Ave, Salem, VA 24153 since 21 March 2024 and is currently estimated at $258,600, approximately $189 per square foot. This property was built in 1925. 702 Front Ave is a home located in Salem City with nearby schools including South Salem 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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