NOT LISTED FOR SALE

728 Virginia Ave Salem, VA 24153

Estimated Value: $377,000 - $410,000

5 Beds
3 Baths
2,788 Sq Ft
$143/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $232,000 $83 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,200/month

63 Days on Market

Highlights

  • Deck
  • Victorian Architecture
  • Fenced Yard
  • G.W. Carver Elementary School Rated 9+
  • No HOA
  • 2 Car Detached Garage

About This Home

As of December 2020

Air-condition being installed 9/21 - 9/25. If you're looking to be in Salem and have some room to build some sweat equity while decorating the home to your liking, then you will not want to miss this Victorian home offering everything you need with gleaming refinished hardwood floors throughout, spacious rooms with plenty of storage space, a mother-in-law suite, a 2-car detached garage and a storage building, all on a large fenced-in backyard with a deck great for recreation and entertainment! All information is deemed reliable but not guaranteed and should be verified by buyer or buyer's agent. Keys and possession to be given to buyer after recording. Please use COVID respect when viewing.

Last Agent to Sell the Property

Christy Crouch

RE/MAX ALL POINTS License #0225020100 Listed on: 08/27/2020

RE/MAX ALL POINTS

Co-Listed By

James Wray

REAL BROKER LLC - MCLEAN License #0225218725

Last Buyer's Agent

Chris Booth

MKB, REALTORS(r) License #0225212190

MKB, REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,659

Year Built

  • Built in 1886

Lot Details

  • Lot Dimensions are 50 x 158
  • Fenced Yard
  • Property is zoned ref

Home Design

  • Victorian Architecture

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Laundry on main level
  • Basement

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Schools

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

Utilities

  • Radiator
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5

Community Details

Overview

  • No Home Owners Association

Amenities

  • Restaurant
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,659

Year Built

Built in 1886

Lot Details

7,884 Sq Ft Lot

Listing Details

  • Interior Features: Bookcases, Ceiling Fan(s)
  • Heating System: Radiator Gas Heat
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial, Walk-Out Access
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Air, Window Unit(s)
  • Outside Features: Deck, Fenced Yard, Patio, Paved Driveway, Shed(s)
  • Views: Mountain(s)
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 1306.00
  • ExteriorDoors: Fiberglass
  • Fireplace Number Fireplaces: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Xfinity
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 320.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • Residential Type: Detached
  • Style Of House: 2 Story, Victorian
  • SubdivisionMap: 120-4-2
  • Total Above Grd Fin S Q F T: 2468
  • TotalBdrm: 5
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2788.00
  • TotalUnfin Sq Ft: 333.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 333.00
  • UpperAboveGrdFin Sq Ft: 1162.00
  • 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 Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Paved Road

Lot Info

  • Lot Dimensions: 50 x 158
  • Property Group Id: 19990816212109142258000000
  • Lot: 5
  • ZoningCode: ref

Building Info

  • Year Built: 1886

Tax Info

  • Taxes (6 mo): 2659.00

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
Aug 27, 2020
Closed on
Dec 2, 2020
Sold by
Franke Michael M and Franke Linda M
Bought by
Hinton Paul and Hinton Kyra
Seller's Agent
Christy Crouch
RE/MAX ALL POINTS
Buyer's Agent
Chris Booth
MKB, REALTORS(r)
List Price
$229,950
Sold Price
$232,000
Premium/Discount to List
$2,050
0.89%
Current Estimated Value
$398,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,801
Avg. Annual Appreciation
10.83%
Original Mortgage
$236,060
Outstanding Balance
$210,539
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$188,262

Purchase Details

Closed on
Aug 8, 2006
Sold by
Mason Burton G and Mason Brenda L
Bought by
Franke Michael M and Franke Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.83%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hinton Paul $232,000 Fidelity National Ttl Ins Co
Franke Michael M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinton Paul $236,060
Previous Owner Franke Michael M $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $232,000 +0.9% $83 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $229,950 -- $82 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $1,764 $298,900 $42,300 $256,600
2024 $1,588 $264,600 $40,800 $223,800
2023 $2,976 $248,000 $38,200 $209,800
2022 $2,764 $230,300 $33,100 $197,200
2021 $2,749 $229,100 $31,600 $197,500
2020 $2,638 $219,800 $30,600 $189,200
2019 $2,616 $218,000 $30,600 $187,400
2018 $2,558 $216,800 $30,600 $186,200
2017 $2,497 $211,600 $30,600 $181,000
2016 $2,576 $218,300 $30,600 $187,700
2015 $2,565 $217,400 $30,000 $187,400
2014 $2,565 $217,400 $30,000 $187,400
Source: Public Records

Agents Affiliated with this Home

  • Christy Crouch

    Seller's Agent in 2020

    Christy Crouch

    RE/MAX

    (540) 312-0085

    64 in this area

    510 Total Sales

    Christy Crouch
    Section Image
  • James Wray

    Seller Co-Listing Agent in 2020

    James Wray

    REAL BROKER LLC - MCLEAN

    (540) 761-6442

    20 in this area

    153 Total Sales

    James Wray
    Section Image
  • Chris Booth

    Buyer's Agent in 2020

    Chris Booth

    MKB, REALTORS(r)

    (540) 312-1201

    8 Total Sales

    Chris Booth
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 872752

Roanoke Valley Association of REALTORS®

APN: 120-4-2

Virginia Salem City County Salem 24153

728 Virginia Ave, Salem, VA

Not Listed for Sale

Detached

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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.

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