NOT LISTED FOR SALE

711 S Colorado St Salem, VA 24153

Estimated Value: $279,000 - $317,000

3 Beds
2 Baths
1,848 Sq Ft
$160/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $284,000 $154 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,670/month

27 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Google Fiber
  • G.W. Carver Elementary School Rated 9+
  • Covered Patio or Porch
  • Storage

About This Home

As of April 2024

This 3 bedroom, 2 full bath home is a definite must see! There are many new updates including refinished hardwood floors throughout. The main level features a new full bathroom, newly renovated kitchen with granite countertops and new appliances. Off the kitchen is a large mudroom with storage. Main level also features large living and dining room. Head upstairs to see the 3 bedrooms, bonus sitting area and full bathroom with a beautiful soaking tub. Check out the large covered front porch and level backyard. Plenty of room for parking out back. This home's location is within walking distance to downtown Salem, Roanoke College, restaurants, elementary/middle schools and much more.

Last Agent to Sell the Property

Kayla Mann

SHEPHERD REALTY GROUP License #0225225706 Listed on: 02/23/2024

Co-Listed By

Paige Smith

SHEPHERD REALTY GROUP License #0225266937

Last Buyer's Agent

Ben Creasy

REAL BROKER LLC - DGA-SALEM License #0225256369

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,254

Year Built

  • Built in 1922

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Interior Spaces

  • 1,848 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Storage
  • Laundry on main level
  • Mountain Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Sump Pump

Parking

  • 2 Parking Spaces
  • Detached Carport Space
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • G. W. Carver Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 26 & 27

Community Details

Overview

  • No Home Owners Association

Amenities

  • Restaurant
  • Public Transportation
  • Google Fiber

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,254

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Storage
  • Heating System: Forced Air Gas, Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Dishwasher, Range Electric, Refrigerator, Sump Pump
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Covered Porch
  • Views: Mountain
  • BedroomsBRUpperLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1011.00
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 2248
  • Internet Access: Cable, Fiber
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Detached
  • RatifiedContractDt: 2024-03-21
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 1848
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1848.00
  • TotalUnfin Sq Ft: 400.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 400.00
  • UpperAboveGrdFin Sq Ft: 837.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • 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, Maint-Free Exterior

Schools

  • Elementary School: G. W. Carver
  • Middle School: Andrew Lewis
  • High School: Salem High

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.20
  • Lot: 26 & 27

Building Info

  • Year Built: 1922

Tax Info

  • Taxes (6 mo): 2253.60
  • FILLTAXID: 160-7-4

MLS Schools

  • Elementary School: G. W. Carver
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Apr 15, 2024
Sold by
Key Point Properties Llc
Bought by
Kent-Mcbroom Thalassa A
Seller's Agent
Kayla Mann
SHEPHERD REALTY GROUP
Buyer's Agent
Ben Creasy
REAL BROKER LLC - DGA-SALEM
List Price
$289,500
Sold Price
$284,000
Premium/Discount to List
-$5,500
-1.9%
Views
151
Current Estimated Value
$295,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,206
Avg. Annual Appreciation
2.58%

Purchase Details

Closed on
Dec 15, 2023
Sold by
Mann Kayla J
Bought by
Key Point Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,787
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2023
Bought by
Mann Kayla J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,787
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2023
Sold by
Lafon Justin W and Lafon Traci M
Bought by
New Look Rehab Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2012
Closed on
Nov 20, 2012
Sold by
Byrd Robert Glenn and Byrd Carol Ann
Bought by
Lafon Justin W and Lafon Traci M
List Price
$119,950
Sold Price
$119,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$4,198
Interest Rate
3.46%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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
Kent-Mcbroom Thalassa A $284,000 Pike Title
Key Point Properties Llc -- First American Title
Mann Kayla J -- First American Title
New Look Rehab Llc $105,000 Impact Title
Lafon Justin W $119,950 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Key Point Properties Llc $270,787
Previous Owner New Look Rehab Llc $200,000
Previous Owner Lafon Justin W $4,198
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2024 04/15/24 Sold $284,000 -1.7% $154 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/15/2024 03/15/24 Price Changed $288,900 -0.2% $156 / Sq Ft
02/23/2024 02/23/24 For Sale $289,500 +141.4% $157 / Sq Ft
11/21/2012 11/21/12 Sold $119,950 0.0% $65 / Sq Ft View Prior Sale
10/06/2012 10/06/12 Pending -- -- --
07/19/2012 07/19/12 For Sale $119,950 -- $65 / 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 $1,325 $224,600 $29,900 $194,700
2024 $1,127 $187,800 $29,100 $158,700
2023 $1,598 $133,200 $27,000 $106,200
2022 $1,475 $122,900 $23,700 $99,200
2021 $1,423 $118,600 $21,900 $96,700
2020 $1,399 $116,600 $21,900 $94,700
2019 $1,366 $113,800 $21,900 $91,900
2018 $1,331 $112,800 $21,900 $90,900
2017 $1,316 $111,500 $21,900 $89,600
2016 $1,316 $111,500 $21,900 $89,600
2015 $1,270 $107,600 $26,300 $81,300
2014 $1,270 $107,600 $26,300 $81,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 905203

Roanoke Valley Association of REALTORS®

APN: 160-7-4