NOT LISTED FOR SALE

920 Central Ave Salem, VA 24153

Estimated Value: $177,111 - $202,000

2 Beds
1 Bath
750 Sq Ft
$257/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $125,000 $167 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,096/month

134 Days on Market

Highlights

  • River View
  • Ranch Style House
  • Covered Patio or Porch
  • Fireplace in Kitchen
  • No HOA
  • Fenced Yard

About This Home

As of February 2020

This adorable home is situated on a double lot and is a great place for outdoor adventure and entertainment. The home is situated above the Greenway with a canoe launch, walking and biking path, and trout fishing just steps away from your front door. The back yard features a private fenced in entertaining space including a fire pit area, a rear patio, garden & cypress workshop. Landscaping includes mature raspberry, blackberry, & blueberry bushes, grape vines, & perennial herbs. The home features: a new HVAC system (09/2017), replacement windows, dishwasher (07/2019), & updated bathroom.

Last Agent to Sell the Property

Vickie Jett

DIVINE FOG REALTY COMPANY LLC- ROANOKE License #0225226910 Listed on: 08/22/2019

Last Buyer's Agent

Vickie Jett

DIVINE FOG REALTY COMPANY LLC- ROANOKE License #0225226910 Listed on: 08/22/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $876

Year Built

  • Built in 1940

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced Yard
  • Level Lot
  • Garden

Home Design

  • Ranch Style House

Interior Spaces

  • 750 Sq Ft Home
  • Living Room with Fireplace
  • River Views
  • Crawl Space
  • Laundry on main level

Kitchen

  • Dishwasher
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Heat Pump System
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 22 & 23

Home Details

Home Type

Single Family

Est. Annual Taxes

$876

Year Built

Built in 1940

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Heating System: Heat Pump Electric
  • Fireplace(s): Kitchen, Living Room, Master Bedroom
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Dishwasher, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Fenced Yard, Garden Space, Patio, Storage Shed
  • Views: River, Sunrise, Sunset
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 750.00
  • ExteriorDoors: Wood
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 750
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 750.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

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: Paved Road

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 7853 sq feet
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.18
  • Lot: 22 & 23

Building Info

  • Year Built: 1940

Tax Info

  • Taxes (6 mo): 876.00

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
Aug 22, 2019
Closed on
Jan 30, 2020
Sold by
Murphy Katherine B and Murphy Eric R
Bought by
Cervantes Hannah C
Seller's Agent
Vickie Jett
DIVINE FOG REALTY COMPANY LLC- ROANOKE
Buyer's Agent
Vickie Jett
DIVINE FOG REALTY COMPANY LLC- ROANOKE
List Price
$129,500
Sold Price
$125,000
Premium/Discount to List
-$4,500
-3.47%
Current Estimated Value
$192,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,528
Avg. Annual Appreciation
7.33%
Original Mortgage
$122,735
Outstanding Balance
$108,715
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$83,813

Purchase Details

Listed on
May 26, 2017
Closed on
Jun 29, 2017
Sold by
Dewitt Adam K
Bought by
Murphy Katherine B and Murphy Eric R
Buyer's Agent
Tina McDaniel
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$99,900
Sold Price
$99,000
Premium/Discount to List
-$900
-0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Original Mortgage
$91,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2015
Sold by
Smith Vicky L and Smith Kateland A
Bought by
Dewitt Adam K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,600
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2011
Sold by
Fisher Johnny Bent and Bostic Patricia Ann
Bought by
Smith Vicky L and Smith Kateland A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,585
Interest Rate
4.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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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
Cervantes Hannah C $125,000 Century Title Services Inc
Murphy Katherine B $99,000 American Title & Settlement
Dewitt Adam K $88,000 Fidelity National Title Ins
Smith Vicky L $54,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cervantes Hannah C $122,735
Previous Owner Murphy Katherine B $91,000
Previous Owner Dewitt Adam K $83,600
Previous Owner Smith Vicky L $50,585
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2020 02/10/20 Sold $125,000 -3.5% $167 / Sq Ft
01/03/2020 01/03/20 Pending -- -- --
08/22/2019 08/22/19 For Sale $129,500 +30.8% $173 / Sq Ft
07/24/2017 07/24/17 Sold $99,000 -0.9% $132 / Sq Ft View Prior Sale
06/05/2017 06/05/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $99,900 -- $133 / 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 $811 $137,500 $29,000 $108,500
2024 $755 $125,800 $27,700 $98,100
2023 $1,349 $112,400 $25,600 $86,800
2022 $1,213 $101,100 $22,200 $78,900
2021 $1,124 $93,700 $21,100 $72,600
2020 $1,042 $86,800 $21,100 $65,700
2019 $946 $78,800 $21,100 $57,700
2018 $861 $73,000 $21,100 $51,900
2017 $806 $68,300 $21,100 $47,200
2016 $778 $65,900 $21,100 $44,800
2015 $588 $49,800 $15,000 $34,800
2014 $588 $49,800 $15,000 $34,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 862511

Roanoke Valley Association of REALTORS®

APN: 182-2-1

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