NOT LISTED FOR SALE

703 Diamond Rd Salem, VA 24153

Estimated Value: $196,969 - $259,000

2 Beds
1 Bath
804 Sq Ft
$284/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $160,000 $199 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,272/month

25 Days on Market

Highlights

  • 0.73 Acre Lot
  • Front Porch
  • 1-Story Property
  • No HOA
  • Shed
  • Forced Air Heating and Cooling System

About This Home

As of December 2022

Main level includes 2 bedrooms, 1 bath, living room and eat-in-kitchen with appliances. The lower level includes unfinished laundry with clothes washer and dryer, hot water heater, space heater and storage room.

Last Agent to Sell the Property

David Carty

IVY REALTY LLC License #0225037039 Listed on: 10/25/2022

Last Buyer's Agent

Meg Smith

MKB, REALTORS(r) License #0225219486

MKB, REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,344

Year Built

  • Built in 1950

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 130x213x185x186
  • Cleared Lot
  • Property is zoned RSF

Interior Spaces

  • 804 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Electric Range
  • Range Hood

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Shed
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Orchard Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 27 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,344

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Interior Features: All Drapes
  • Heating System: Forced Air Gas
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Partial
  • Major Appliances: Clothes Dryer, Clothes Washer, Range Electric, Range Hood, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Paved Driveway, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 804.00
  • ExteriorDoors: Metal
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Comcast
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 1 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 804
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 804.00
  • TotalUnfin Sq Ft: 440.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 440.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • 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
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior, Underground Util

Lot Info

  • Lot Description: Cleared
  • Lot Dimensions: 130x213x185x186
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.73
  • Lot: 27
  • ZoningCode: RSF

Building Info

  • Year Built: 1950

Tax Info

  • Taxes (6 mo): 1344.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Dec 22, 2022
Sold by
Goens Tony A
Bought by
Rigdon John Allan
Seller's Agent
David Carty
IVY REALTY LLC
Buyer's Agent
Meg Smith
MKB, REALTORS(r)
List Price
$169,950
Sold Price
$160,000
Premium/Discount to List
-$9,950
-5.85%
Current Estimated Value
$228,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,492
Avg. Annual Appreciation
12.52%
Original Mortgage
$155,200
Outstanding Balance
$150,245
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$78,247
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rigdon John Allan $260,000 Acquisition Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rigdon John Allan $155,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2022 12/28/22 Sold $160,000 -5.9% $199 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
10/25/2022 10/25/22 For Sale $169,950 -- $211 / 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 $935 $158,400 $56,800 $101,600
2024 $865 $144,200 $51,700 $92,500
2023 $1,481 $123,400 $47,200 $76,200
2022 $1,367 $113,900 $45,000 $68,900
2021 $1,279 $106,600 $42,700 $63,900
2020 $1,244 $103,700 $42,700 $61,000
2019 $1,199 $99,900 $42,700 $57,200
2018 $1,101 $93,300 $40,500 $52,800
2017 $1,114 $94,400 $40,500 $53,900
2016 $454 $94,400 $40,500 $53,900
2015 $227 $97,700 $45,000 $52,700
2014 $227 $97,700 $45,000 $52,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 893936

Roanoke Valley Association of REALTORS®

APN: 260-1-25