NOT LISTED FOR SALE

706 Hill Ave Unit 708 Salem, VA 24153

Estimated Value: $274,000 - $299,000

4 Beds
1.5 Baths
2,286 Sq Ft
$125/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $245,000 $107 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,712/month

80 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Walk-In Closet
  • Salem High School Rated A-
  • Covered patio or porch
  • Restaurant

About This Home

As of December 2023

Large two-story home in great location in the city of Salem with mountain views. Walk to the Dilly Dally store and the greenway! This home has hardwood floors throughout, replacement windows, newer metal roof and large bedrooms. This home needs a little TLC for someone who wants to gain some equity. The home also comes with an extra lot for plenty of parking and a home in the back yard that is perfect as a rental or for a family member. This home needs a little more than TLC but has a lot of potential. Roof on little house is 1 year old.

Last Agent to Sell the Property

Chris Smith

LICHTENSTEIN ROWAN, REALTORS(r) License #0225188115 Listed on: 08/29/2023

Last Buyer's Agent

Edgar Ornelas

MKB, REALTORS(r) License #0225241498

MKB, REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1910

Lot Details

  • 0.43 Acre Lot
  • Cleared Lot

Parking

  • Off-Street Parking

Interior Spaces

  • 2,286 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Mountain Views
  • Partial Basement

Kitchen

  • Built-In Oven
  • Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Recreation

  • Trails

Additional Features

  • No Home Owners Association
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,200

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Interior Features: Walk-in-Closet
  • Heating System: Forced Air Gas
  • Fireplace(s): Living Room
  • Type: Residential
  • Has Basement: Partial Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Cook Top, Wall Oven
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Patio
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBRUpperLevel: 4
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1143.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 2286
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2023-11-17
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubdivisionMap: Lts 3&4 & 1/2 Lt 2
  • Total Above Grd Fin S Q F T: 2286
  • TotalBdrm: 4
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 2286.00
  • TotalHBaths: 1
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1143.00
  • 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: Paved Road

Schools

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

Lot Info

  • Lot Description: Cleared
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.43
  • ZoningCode: R-1

Building Info

  • Year Built: 1910

Tax Info

  • Taxes (6 mo): 2200.00
  • FILLTAXID: 202-5-3

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
Aug 29, 2023
Closed on
Dec 20, 2023
Sold by
Odonnell Key Roberta
Bought by
Tucker Casa Llc
Seller's Agent
Chris Smith
LICHTENSTEIN ROWAN, REALTORS(r)
Buyer's Agent
Edgar Ornelas
MKB, REALTORS(r)
List Price
$349,888
Sold Price
$245,000
Premium/Discount to List
-$104,888
-29.98%
Total Days on Market
80
Views
414
Current Estimated Value
$285,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,663
Avg. Annual Appreciation
11.17%
Original Mortgage
$109,000
Outstanding Balance
$107,717
Interest Rate
7.44%
Mortgage Type
Credit Line Revolving
Estimated Equity
$177,946
Source: Public Records

Similar Homes in Salem, VA

  • 906 Front Ave, Salem, VA 24153

    $249,950

    • 3 Beds
    • 2 Baths
    • 1,972 Sq Ft
    • 906 Front Ave
    • Salem, VA

    Welcome to this charming 2-Story home featuring 3 spacious bedrooms and 2 fully updated bathrooms. Nestled on a level lot, this property offers both comfort and style with an abundance of recent upgrades. You'll love the brand-new flooring throughout, the freshly replaced windows, and the beautifully renovated bathrooms. The sunroom is perfect for relaxing or entertaining, offering a bright and

    Diana Shanklin BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN

    Section Image
  • 2327 Peach St, Salem, VA 24153

    $242,950

    • 3 Beds
    • 1 Bath
    • 1,300 Sq Ft
    • 2327 Peach St
    • Salem, VA

    This home is adorable, timber framing style finishes in the living room give this home a timeless and welcoming feel, 3 bedrooms (one with no closet), window seat in one bedroom perfect to enjoy your next bestseller, bath with updated tilework & new vanity, new roof & gutters, new tankless hotwater heater, extensive replacement of piping, stainless steel appliances, new front picture window with

    Lisa Martin BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - NORTH

    Section Image
  • 2139 Bailey Ave, Salem, VA 24153

    $245,000

    • 2 Beds
    • 1 Bath
    • 989 Sq Ft
    • 2139 Bailey Ave
    • Salem, VA

    Adorable and Affordable! This home is a real ''Cream Puff''. One level living with Hardwood Floors, completely remodeled Kitchen with an abundance of cabinets and counter space. New appliances and a spacious pantry. Remodeled Bath, Lovely outdoor spaces, Deck, Covered Patio, Fire pit & more.

    Jackie Boyd MKB, REALTORS(r) - OAK GROVE

    Section Image
  • 2024 Rice Ave, Salem, VA 24153

    $339,900

    • 4 Beds
    • 3 Baths
    • 1,997 Sq Ft
    • 2024 Rice Ave
    • Salem, VA

    This spacious 4-bedroom, 3-bathroom beauty is ready to impress! With 9ft ceilings throughout and an open floor plan featuring stunning cathedral ceilings, the home feels airy, bright, and oh-so-inviting.Step outside to your brand-new two-tiered decks--perfect for morning coffee, evening cocktails, or simply soaking in those breathtaking mountain views. Inside, you'll find a custom-made barn door

    Katy Cookston KELLER WILLIAMS COASTAL VIRGINIA

    Section Image
  • 2129 12 Oclock Knob Rd, Salem, VA 24153

    $304,950

    • 3 Beds
    • 3 Baths
    • 1,050 Sq Ft
    • 2129 12 Oclock Knob Rd
    • Salem, VA

    This beautifully updated brick ranch is a must-see, offering 3 bedrooms, Renovated bath with new tile floors, tile shower. New half bath in 3rd bedroom. The home features refinished hardwood floors throughout the main level, complemented by brand-new windows in sunroom that fill the space with natural light. The kitchen boasts new flooring and elegant marble countertops, stainless appliances,

    Julie Poff MKB, REALTORS(r)

    Section Image
  • 402 Chestnut St, Salem, VA 24153

    $289,000

    • 2 Beds
    • 2 Baths
    • 1,080 Sq Ft
    • 402 Chestnut St
    • Salem, VA

    Remodeled one-level living 2 BR 2 BA townhome on a quiet tree-lined street in the heart of Salem. Has living room, dining area, kitchen, laundry, primary bedroom with en-suite & walk-in closet, guest bedroom, hall bath, back deck & storage. Kitchen has new quartz countertops, ceramic backsplash, stainless sink & disposal. New appliances include stainless side-by-side fridge, glass-top electric

    Patrick Wilkinson THE REAL ESTATE GROUP

    Section Image
  • 303 Riverland Dr, Salem, VA 24153

    $249,950

    • 3 Beds
    • 1 Bath
    • 1,282 Sq Ft
    • 303 Riverland Dr
    • Salem, VA

    Charming Cape Cod with 3 Bedrooms in a convenient location! Features include a bright kitchen with dining area, cozy sunroom perfect for year-round enjoyment, and an attached garage with a workshop space -- Great for hobbies or extra storage. Enjoy the expansive, level lot offering plenty of room for outdoor activities, gardening, or future expansion. A great opportunity to own a well-maintained

    Diana Shanklin BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN

    Section Image
  • 719 Delaware St, Salem, VA 24153

    $239,950

    • 2 Beds
    • 1 Bath
    • 976 Sq Ft
    • 719 Delaware St
    • Salem, VA

    Fully Renovated One-Level Living in Salem, VA!Practically brand new from top to bottom, this home features: All-new kitchen with stainless steel appliances, modern cabinetry, new flooring, new windows, new doors, new decking, new roof, brand new bathroom with updated plumbing, new shower, vanity, and fixtures, lighting and HVAC everything has been updated for peace of mind.Spacious, flat backyard

    Kevin Pellant WAINWRIGHT & CO., REALTORS(r)

    Section Image
  • 306 E 2nd St, Salem, VA 24153

    $329,500

    • 4 Beds
    • 2 Baths
    • 1,504 Sq Ft
    • 306 E 2nd St
    • Salem, VA

    Charming Cape Cod right in the heart of downtown Salem! This beautifully updated home features brand new flooring in the kitchen and bathrooms and beautifully refinished hardwoods, fresh paint and newly installed blinds. Enjoy a well-appointed layout full of charm, perfect for comfortable living and entertaining. Step outside to a picture-perfect fenced in back yard, ideal for pets or play,

    Julia Hornby NEST REALTY ROANOKE

    Section Image

Range of Values:

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
Tucker Casa Llc $245,000 Star City Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tucker Casa Llc $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2023 12/27/23 Sold $245,000 -2.0% $107 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/07/2023 11/07/23 Price Changed $249,888 -9.1% $109 / Sq Ft
10/23/2023 10/23/23 Price Changed $274,888 -8.3% $120 / Sq Ft
10/02/2023 10/02/23 Price Changed $299,888 -11.8% $131 / Sq Ft
09/13/2023 09/13/23 Price Changed $339,888 -2.9% $149 / Sq Ft
08/29/2023 08/29/23 For Sale $349,888 -- $153 / 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
2024 $1,300 $216,700 $40,600 $176,100
2023 $2,342 $195,200 $37,500 $157,700
2022 $2,207 $183,900 $32,500 $151,400
2021 $2,136 $178,000 $30,900 $147,100
2020 $2,095 $174,600 $30,900 $143,700
2019 $2,021 $168,400 $30,900 $137,500
2018 $1,914 $162,200 $30,900 $131,300
2017 $1,893 $160,400 $30,900 $129,500
2016 $1,838 $155,800 $30,900 $124,900
2015 $1,689 $143,100 $32,500 $110,600
2014 $1,689 $143,100 $32,500 $110,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 901208

Roanoke Valley Association of REALTORS®

APN: 202-5-3