NOT LISTED FOR SALE

705 Academy St Salem, VA 24153

Estimated Value: $754,000 - $808,000

5 Beds
3 Baths
2,546 Sq Ft
$304/Sq Ft Est. Value

Sale Details

Date Sold: August 10, 2023

Last sale price $800,950 $315 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,509 / mo

10 Days on Market

Highlights

  • On Golf Course
  • 1.08 Acre Lot
  • No HOA
  • In Ground Pool
  • Dining Room with Fireplace
  • Covered Patio or Porch

About This Home

As of August 2023

Don't miss out on this Charming Salem home situated on 1.08 Acres within walking Distance to Salem Farmer's Market, Downtown Salem Restaurants & shopping. Beautiful Golf Course & Mountain Views from your large Master Suite. Hardwood floors throughout, Copper Farmhouse Sink, Stainless Appliances Custom Cabinets, Large Entry Level Mudroom/Laundry Room, Metal Roof. Updated, widened gas line can accommodate gas range if desired. New gas log FP. WDR Custom Designed an outdoor entertaining space that includes Heated Saltwater, Fiberglass Aquarius Pool and Hot Tub, Large Outdoor Covered Patio with Masonry Stone Fireplace that has Gas Starter. Beautiful Light Scaping for evening Enjoyment and Entertaining. New 26 X 24 Detached Garage with 220 Electric. Extensive Professional Outdoor Landscaping.

Last Agent to Sell the Property

Glenda Morris

LONG & FOSTER - ROANOKE OFFICE License #0225210824 Listed on: 06/26/2023

LONG & FOSTER - ROANOKE OFFICE

Last Buyer's Agent

Dana Berenbaum

MKB, REALTORS(r) License #0225219400

MKB, REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,784

Year Built

  • Built in 1928

Lot Details

  • 1.08 Acre Lot
  • On Golf Course

Parking

  • 3 Car Attached Garage

Property Views

  • Golf Course
  • City
  • Mountain

Home Design

  • Hardboard

Interior Spaces

  • 2,546 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Insulated Doors
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Storage
  • Laundry on main level
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,784

Year Built

Built in 1928

Lot Details

1.08 Acres

Listing Details

  • Interior Features: Gas Log Fireplace, Storage, Walk-in-Closet
  • Heating System: Forced Air Gas, Heat Pump Electric
  • Fireplace(s): Dining Room, Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Dishwasher, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Borders Golf Course, Covered Porch, Hot Tub, In-Ground Pool, Patio, Paved Driveway
  • Views: City, Golf Course, Mountain
  • AddlCoveredPrkng: Garage Detached
  • BedroomsBREntryLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1202.00
  • ExteriorDoors: Insulated, Metal
  • Fireplace Number Fireplaces: 2
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Comcast
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberAddCovSpaces: 1.00
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 2546
  • TotalBdrm: 5
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2546.00
  • TotalUnfin Sq Ft: 960.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 960.00
  • UpperAboveGrdFin Sq Ft: 1344.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

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, Paved Road

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.08

Building Info

  • Year Built: 1928

Tax Info

  • Taxes (6 mo): 6784.50

MLS Schools

  • Elementary School: West 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
Jun 26, 2023
Closed on
Jul 26, 2023
Sold by
Bought by
Seller's Agent
Glenda Morris
LONG & FOSTER - ROANOKE OFFICE
Buyer's Agent
Dana Berenbaum
MKB, REALTORS(r)
List Price
$799,950
Sold Price
$800,950
Premium/Discount to List
$1,000
0.13%
Views
73
Current Estimated Value
$773,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,928
Avg. Annual Appreciation
-1.23%
Original Mortgage
$726,200
Outstanding Balance
$709,342
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$63,680

Purchase Details

Listed on
May 26, 2020
Closed on
Aug 6, 2020
Sold by
Bought by
Seller's Agent
Rob Robinson
RE/MAX REAL ESTATE ONE
Buyer's Agent
Glenda Morris
LONG & FOSTER - ROANOKE OFFICE
List Price
$559,950
Sold Price
$552,000
Premium/Discount to List
-$7,950
-1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.16%
Original Mortgage
$352,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
4.37%
Mortgage Type
New Conventional
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

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
$800,950 Acquisition Title
$552,000 Sage Title Group Llc
$156,000 Fidelity National Title Insu
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 $726,200
Previous Owner $352,000
Previous Owner $140,400
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 Prior Sale
08/10/2023 08/10/23 Sold $800,950 +0.1% $315 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $799,950 +44.9% $314 / Sq Ft
08/07/2020 08/07/20 Sold $552,000 -1.4% $217 / Sq Ft View Prior Sale
07/03/2020 07/03/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $559,950 -- $220 / 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
2025 $4,001 $678,200 $117,500 $560,700
2024 $3,908 $651,400 $103,500 $547,900
2023 $6,785 $565,400 $95,700 $469,700
2022 $5,437 $453,100 $91,600 $361,500
2021 $5,257 $438,100 $87,600 $350,500
2020 $3,913 $326,100 $83,700 $242,400
2019 $3,652 $304,300 $79,800 $224,500
2018 $3,140 $266,100 $72,000 $194,100
2017 $3,110 $263,600 $72,000 $191,600
2016 $3,110 $263,600 $72,000 $191,600
2015 $3,007 $254,800 $62,300 $192,500
2014 $3,007 $254,800 $62,300 $192,500
Source: Public Records

Agents Affiliated with this Home

  • Glenda Morris

    Seller's Agent in 2023

    Glenda Morris

    LONG & FOSTER - ROANOKE OFFICE

    (540) 355-0031

    142 Total Sales

    Glenda Morris
    Section Image
  • Dana Berenbaum

    Buyer's Agent in 2023

    Dana Berenbaum

    MKB, REALTORS(r)

    (540) 521-4424

    210 Total Sales

    Dana Berenbaum
    Section Image
  • Kim Booth

    Buyer Co-Listing Agent in 2023

    Kim Booth

    MKB, REALTORS(r)

    (540) 793-4440

    166 Total Sales

    Kim Booth
    Section Image
  • Rob Robinson

    Seller's Agent in 2020

    Rob Robinson

    RE/MAX

    (540) 520-3198

    66 Total Sales

    Rob Robinson
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 899397

Roanoke Valley Association of REALTORS®

APN: 69-5-7

Virginia Salem City County Salem 24153

705 Academy St, 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.