14 days on rocket

Sale Pending

201 Elm St, Salem, VA, 24153

$225,000

Home List Price

$2,672*

Closing Credit

4 Bedrooms
2 Full Baths
2,570 SqFt
$88/SqFt
House
Schools Nearby

Location

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201 Elm St, Salem$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNot Applicable, N/A, Off Street Parking
Year BuiltNew Const., 1905
HeatingForced Air
CoolingCentral Air
MLS #906761
Lot Size0.13 Acres
StatusSale Pending
(Pending)

About 201 Elm St

Introducing a captivating 2-story home nestled in the heart of downtown Salem. This charming abode boasts a rich history with much of its original 1905 construction intact, lending it a unique and timeless appeal. Step onto the inviting front covered porch Situated on a nice level lot, the property also features two convenient storage buildings. Inside, revel in the modern comforts of updated kitchen and bathrooms, seamlessly blending contemporary convenience with historic charm. For those who prefer to avoid stairs, a bedroom with an attached Jack and Jill full bathroom provides effortless accessibility. The home is equipped with two HVAC systems, both 13 years old, along with gas furnace, stove, dryer, and even a gas hook-up at the hot water heater for efficient energy use.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1905
  • Stories: 2
  • Living Area: 2,570 SqFt

Listing Office:

  • Office Name: RE/MAX ALL POINTS

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Dishwasher, Disposal, Gas Range, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Tile - i.e. ceramic, Wood
  • Interior: Ceiling Fan, Storage

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Covered Porch, Deck, Storage Shed

Parking Information:

  • Parking: Not Applicable, N/A, Off Street Parking

Lot Features

Lot Information:

  • Lot: Cleared, Level
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Salem High School, Public District Grades 9-12
  • Andrew Lewis Middle School, Public District Grades 6-8
  • West Salem Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Main St to Elm St 4th on Right

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $88/SqFt

Tax Information:

  • Annual Amount: $1,414
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Salem, VA.

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Salem, VA

City

Med. Sold Price

$294.9K

Med. Price/SqFt

$169

Avg. Days On Market

3

# of Sold Homes

37

201 Elm St vs Salem

14 DAYS ON ROCKET

+11 Days

$225,000

-$69.9K Less

$88/SqFt

-$82 Less

KEY TAKEAWAY

This property is $69.9K less than the Median Sold Price and $82/SqFt less than other homes in Salem, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #906761

Listing Office:

  • Office Name: RE/MAX ALL POINTS

IDXAlthough the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.

All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.

All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 11:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,414$117,800
2020$1,377$114,800
2019$1,397$114,800
2018$1,397$118,400
2017$1,388$117,600

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4715702
4
/10

  • West Salem Elementary School

  • 520 N Bruffey St

  • 0.65 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4715703
6
/10

  • Andrew Lewis Middle School

  • 616 S College Ave

  • 0.79 miles

  • Public District Grades 6-8

High School

school-card-donut-4715704
5
/10

  • Salem High School

  • 400 Spartan Dr

  • 0.67 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,569. Most Salem, VA residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 201 Elm St

What is the listing price of this property?

The listing price of 201 Elm St property is $225,000.

What type of property is this?

The property 201 Elm St is a house located in Salem, Virginia, 24153.

Is this property for sale now?

Sale Pending: 201 Elm St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 201 Elm St are:
West Salem Elementary School: GreatSchools Rating 4/10
Andrew Lewis Middle School: GreatSchools Rating 6/10
Salem High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,414 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 201 Elm St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 201 Elm St is 2,570 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 201 Elm St is 1905.

Rocket Homes›Virginia›Salem›24153›201 Elm St

This home is located at 201 Elm St in Salem, VA and zip code 24153. This 2,570 square foot home, which was built in 1905, sits on a 0.13 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $225,000.

Salem, VA housing market in April 2024 saw over 12 listings sold above listed price, more than 10 sold at listed price and over 15 sold below. The inventory of homes for sale in Salem, VA between March 2024 and April 2024 increased by 18.6%. In April 2024, listings were on the market for 3 days. During the same period, the median list price in this real estate market was $294,944.

From Rocket Homes Real Estate and based on county public records data.

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