$285,000
SOLD MAY 9, 2025

811 Montvue Rd Unit & 812 Salem, VA 24153

-- Bed
-- Bath
904 Sq Ft
0.78 Acres

Recently Sold

$315 Per Sq Ft

5% Below List Price

24 Days on Market

About This Home

As of May 2025

Attention investors! This fantastic listing presents an incredible opportunity to own two beautifully renovated properties at 811 and 812 Montvue Rd. Both homes have been tastefully remodeled and enjoy a history of successful tenancy, offering immediate rental income. The properties boast exceptional potential for continued rental income. Don't miss out on this prime opportunity! Come see today and secure your investment in this thriving neighborhood. Both properties share the same water meter.

Last Agent to Sell the Property

Jaysn Schaener

RAVEN REALTY License #0225263810 Listed on: 02/18/2025

Last Buyer's Agent

Brittany Barlow

FIRST CHOICE REAL ESTATE LLC - HARDY License #0225270957

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,170

Year Built

  • Built in 1930

Lot Details

  • 0.78 Acre Lot

Interior Spaces

  • 904 Sq Ft Home
  • Crawl Space

Schools

  • Fort Lewis Elementary School
  • Glenvar Middle School
  • Glenvar High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Block N.A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,170

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: Heat Pump Electric
  • CondoAssocYN: No
  • Major Area: 02 - Roanoke County
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Private Septic
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Amenities Common: Cable TV

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.78

Building Info

  • Year Built: 1930

Tax Info

  • Taxes (6 mo): 2170.00

Multi Family

  • Tenant Pays: All Utilities
  • Units In Building: 2.00
  • Multi Family Type: Other - See Remarks

MLS Schools

  • Elementary School: Fort Lewis
  • HighSchool: Glenvar
  • Middle School: Glenvar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2020
Sold by
Maxwell William C and Lee William E
Bought by
Happy Hollow Holdings Llc
Current Estimated Value
$261,343
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 Type Sale Price Title Company
Deed $33,411 Century Title Services Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2025 05/09/25 Sold $285,000 -4.7% $315 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
02/18/2025 02/18/25 For Sale $299,000 -- $331 / 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 $1,595 $154,900 $43,500 $111,400
2024 $1,413 $135,900 $36,000 $99,900
2023 $413 $39,000 $32,300 $6,700
2022 $394 $36,100 $30,000 $6,100
2021 $394 $36,100 $30,000 $6,100
2020 $370 $33,900 $27,800 $6,100
2019 $344 $31,600 $25,500 $6,100
2018 $344 $31,600 $25,500 $6,100
2017 $344 $31,600 $25,500 $6,100
2016 $344 $31,600 $25,500 $6,100
2015 $344 $31,600 $25,500 $6,100
2014 $344 $31,600 $25,500 $6,100
Source: Public Records

Agents Affiliated with this Home

  • Jaysn Schaener

    Seller's Agent in 2025

    Jaysn Schaener

    RAVEN REALTY

    (434) 515-0378

    47 Total Sales

    Jaysn Schaener
    Section Image

  • B

    Buyer's Agent in 2025

    Brittany Barlow

    FIRST CHOICE REAL ESTATE LLC - HARDY

    (540) 488-4228

    9 Total Sales

    Brittany Barlow
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 914462

Roanoke Valley Association of REALTORS®

APN: 045.01-02-26

Virginia Roanoke County Salem 24153

811 Montvue Rd Unit & 812, Salem, VA

Sold

MultiFamily

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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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