NOT LISTED FOR SALE

725 Central Ave Salem, VA 24153

Estimated Value: $191,000 - $214,000

2 Beds
2 Baths
976 Sq Ft
$206/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $155,000 $159 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,131/month

7 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Ceiling Fan
  • No HOA
  • Sliding Doors
  • Satellite Dish

About This Home

As of March 2021

Like NEW! Totally renovated home with the following updates: New roof, siding and windows in 2016, fresh paint, new flooring on entry level, new carpet on upper level, all receptacles and switches w/ covers and light and fan fixtures. Nice recently sealed deck and off street parking in rear. Home one block from Greenway.

Last Buyer's Agent

Daniel Bennett

EXP REALTY LLC - BLACKSBURG License #0225247486

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 2002

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 976 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Alarm System

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 29

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,200

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Interior Features: Alarm, Ceiling Fan
  • Heating System: Heat Pump Electric
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: Clothes Dryer, Clothes Washer, Cook Top, Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Paved Driveway
  • AddlCoveredPrkng: Not Applicable
  • EntryAboveGrdFin Sq Ft: 488.00
  • ExteriorDoors: Sliding
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Comcast
  • LaundryLaundryUpperLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubagentAuthorized: No
  • SubdivisionMap: City of Salem
  • Total Above Grd Fin S Q F T: 976
  • TotalBdrm: 2
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 976.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 488.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: No

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, Satellite Dish, Underground Util

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.08
  • Lot: 29

Building Info

  • Year Built: 2002

Tax Info

  • Taxes (6 mo): 1200.00

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
Feb 5, 2021
Closed on
Mar 10, 2021
Sold by
Sizemore Frank
Bought by
West Elizabeth C
Buyer's Agent
Daniel Bennett
EXP REALTY LLC - BLACKSBURG
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%
Current Estimated Value
$201,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,535
Avg. Annual Appreciation
5.62%
Original Mortgage
$150,350
Outstanding Balance
$134,778
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$66,757

Purchase Details

Closed on
Apr 4, 2013
Sold by
Poland Andrew and Poland Andrew T
Bought by
Branch Banking And Trust Co

Purchase Details

Closed on
Sep 28, 2009
Sold by
Latta Keith W
Bought by
Poland Andrew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
West Elizabeth C $115,000 Performance Title And Setmnt
Branch Banking And Trust Co $89,250 None Available
Poland Andrew T $118,000 Acquisition Title & Settleme
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Elizabeth C $150,350
Previous Owner Poland Andrew T $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2021 03/19/21 Sold $155,000 -3.1% $159 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $159,900 +99.9% $164 / Sq Ft
11/12/2015 11/12/15 Sold $80,000 -9.1% $82 / Sq Ft View Prior Sale
09/28/2015 09/28/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $88,000 +20.7% $90 / Sq Ft
08/30/2013 08/30/13 Sold $72,900 -18.9% $81 / Sq Ft View Prior Sale
08/01/2013 08/01/13 Pending -- -- --
07/03/2013 07/03/13 For Sale $89,900 -- $100 / 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 $932 $158,000 $18,700 $139,300
2024 $831 $138,500 $17,900 $120,600
2023 $1,488 $124,000 $16,500 $107,500
2022 $1,364 $113,700 $14,300 $99,400
2021 $1,222 $101,800 $10,200 $91,600
2020 $1,200 $100,000 $10,200 $89,800
2019 $1,129 $94,100 $10,200 $83,900
2018 $1,099 $93,100 $10,200 $82,900
2017 $1,086 $92,000 $10,200 $81,800
2016 $1,126 $95,400 $10,200 $85,200
2015 $1,082 $91,700 $9,000 $82,700
2014 $1,082 $91,700 $9,000 $82,700
Source: Public Records

Agents Affiliated with this Home

  • Daniel Bennett

    Buyer's Agent in 2021

    Daniel Bennett

    EXP REALTY LLC - BLACKSBURG

    (540) 613-2158

    10 in this area

    128 Total Sales

    Daniel Bennett
    Section Image
  • Callie Dalton

    Seller's Agent in 2015

    Callie Dalton

    LONG & FOSTER - OAK GROVE

    (540) 989-0863

    28 in this area

    471 Total Sales

    Callie Dalton
    Section Image
  • Kathy Chandler

    Seller's Agent in 2013

    Kathy Chandler

    MKB, REALTORS(r)

    (540) 819-4640

    4 in this area

    59 Total Sales

    Kathy Chandler
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 876843

Roanoke Valley Association of REALTORS®

APN: 201-9-10.1

Virginia Salem City County Salem 24153

725 Central Ave, Salem, VA

Not Listed for Sale

Detached

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