NOT LISTED FOR SALE

760 Craig Ave Salem, VA 24153

Estimated Value: $98,000 - $226,000

3 Beds
1.5 Baths
1,440 Sq Ft
$107/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $70,949 $49 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $773/month

36 Days on Market

Highlights

  • 1.33 Acre Lot
  • Farmhouse Style Home
  • Fireplace
  • G.W. Carver Elementary School Rated 9+
  • No HOA
  • Central Heating and Cooling System

About This Home

As of December 2021

Excellent redevelopment potential near Roanoke College. Farm House on 1.33 acres. 3 bedrooms, 1.5 baths, 1440 sq. ft. Stunning mountain views. Great location within the City of Salem school district. Located behind Longwood Park and close to Roanoke College and downtown Salem. The back of the house, which includes the kitchen and full bath, is in need of foundation work and is currently not in habitable condition. Tear down and build your dream home or redevelop. Owner has already met with an engineering firm who has met with the City of Salem. Potential to redevelop the property to accommodate up to 5 townhomes. Property has public water and natural gas. Sold strictly as-is.

Last Agent to Sell the Property

Kelli Shobe

(703) 309-9335 kellishobe@hotmail.com Samson Properties Listed on: 09/23/2021

Samson Properties

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $840

Year Built

  • Built in 1900

Lot Details

  • 1.33 Acre Lot
  • Property is zoned RSF

Parking

  • Driveway

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 2 Levels
  • Fireplace
  • Crawl Space

Bedrooms and Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$840

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 55.49
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 1.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 57934.80
  • Zoning: RSF
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 840.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2020

MLS Schools

  • School District Name: ROANOKE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 17, 2021
Sold by
Shore Kelli
Bought by
Cuddy Elisa E and Cuddy Brian S
Seller's Agent
Kelli Shobe
Samson Properties
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$89,900
Sold Price
$70,949
Premium/Discount to List
-$18,951
-21.08%
Current Estimated Value
$141,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,224
Avg. Annual Appreciation
20.90%
Original Mortgage
$67,401
Outstanding Balance
$61,864
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$91,763

Purchase Details

Listed on
Dec 8, 2020
Closed on
Dec 28, 2020
Sold by
Eab Llc
Bought by
Shobe Kelli
Seller's Agent
Liz Bowles
WAINWRIGHT & CO., REALTORS(r)
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$49,900
Sold Price
$54,900
Premium/Discount to List
$5,000
10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.23%

Purchase Details

Closed on
Nov 15, 2018
Sold by
Liz Bowles Llc
Bought by
Eab Llc

Purchase Details

Closed on
Jun 28, 2016
Sold by
Michael O Garst Icn
Bought by
Liz Bowel Llc

Purchase Details

Listed on
Oct 28, 2014
Closed on
Sep 3, 2015
Sold by
Ferguson Bonnie Surface and Estate Of Kathleen Clark Surfa
Bought by
Bowles Elizabeth Ann and The Elizabeth Ann Bowles Trust
Seller's Agent
Lewis Sifford
CENTURY 21 WAMPLER REALTY
Buyer's Agent
Liz Bowles
WAINWRIGHT & CO., REALTORS(r)
List Price
$87,500
Sold Price
$68,000
Premium/Discount to List
-$19,500
-22.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
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
Cuddy Elisa E $70,949 Old Republic Natl Ttl Ins Co
Shobe Kelli $54,900 Performance Title And Setmnt
Eab Llc -- Performance Title & Settleme
Liz Bowel Llc -- Acquisition Title
Bowles Elizabeth Ann $68,000 Acquisition Title & Settleme
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuddy Elisa E $67,401
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2021 12/29/21 Sold $70,949 -11.2% $49 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/20/2021 10/20/21 Price Changed $79,900 -11.1% $55 / Sq Ft
09/23/2021 09/23/21 For Sale $89,900 +63.8% $62 / Sq Ft
12/28/2020 12/28/20 Sold $54,900 +10.0% $38 / Sq Ft View Prior Sale
12/09/2020 12/09/20 Pending -- -- --
12/08/2020 12/08/20 For Sale $49,900 -26.6% $35 / Sq Ft
09/04/2015 09/04/15 Sold $68,000 -22.3% $46 / Sq Ft View Prior Sale
06/19/2015 06/19/15 Pending -- -- --
10/28/2014 10/28/14 For Sale $87,500 -- $60 / Sq Ft
Source: Bright MLS

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 $514 $87,100 $61,100 $26,000
2024 $502 $83,700 $57,700 $26,000
2023 $964 $80,300 $54,200 $26,100
2022 $887 $73,900 $48,300 $25,600
2021 $853 $71,100 $45,500 $25,600
2020 $853 $71,100 $45,500 $25,600
2019 $853 $71,100 $45,500 $25,600
2018 $814 $69,000 $43,400 $25,600
2017 $814 $69,000 $43,400 $25,600
2016 $814 $69,000 $43,400 $25,600
2015 $1,430 $94,800 $75,000 $19,800
2014 $1,430 $121,200 $75,000 $46,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VARK2000004

Bright MLS

APN: 48-1-2