Great Building Lot in the City of Salem. Walking distance to downtown Salem and easy interstate access. Directly across the Street from Roanoke College Library. Water and Sewer available. Can either use Craig or Change to entering from Thompson Memorial. Will build to suit.
Property Details
Property Features
Listing Office:
Office Name: MKB, REALTORS(r)
Lot Features
Lot Information:
Lot: Sloped Down, Sloped Up
Lot Size: 0.41 Acres
School Info
Assigned Schools Information:
Salem High School, Public District Grades 9-12
Andrew Lewis Middle School, Public District Grades 6-8
G.W. Carver Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: Main St. to left on Thompson Memorial to property on right or Thompson Memorial to right on Cleveland to R on Craig to Property on Right.
Price Information
Listing Price Info
Price Summary:
List Price: $109,950
Tax Information:
Annual Amount: $391
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Salem, VA.
This property is $184.9K less than the Median Sold Price in Salem, VA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #906740
Listing Office:
Office Name: MKB, REALTORS(r)
Although 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, 12:15:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$391
$32,600
2020
$391
$32,600
2019
$365
$32,600
2018
$366
$31,000
2017
$366
$31,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$616
Per Month
Principal & Interest
$549
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$396
Powered By
Advertisement
NMLS#3030
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
5
/10
G.W. Carver Elementary School
6 E 4th St
Distance between this listing and this school0.91 miles
Public District Grades KG-5
Middle School
6
/10
Andrew Lewis Middle School
616 S College Ave
Distance between this listing and this school0.77 miles
Public District Grades 6-8
High School
5
/10
Salem High School
400 Spartan Dr
Distance between this listing and this school1.54 miles
Public District Grades 9-12
Assigned Schools
5
/10
G.W. Carver Elementary School
6 E 4th St
Distance between this listing and this school0.91 miles
Public District Grades KG-5
Nearby Schools
4
/10
West Salem Elementary School
520 N Bruffey St
Distance between this listing and this school1.29 miles
Public District Grades KG-5
7
/10
East Salem Elementary School
1765 Blvd
Distance between this listing and this school1.94 miles
Public District Grades PK-5
Assigned Schools
6
/10
Andrew Lewis Middle School
616 S College Ave
Distance between this listing and this school0.77 miles
Public District Grades 6-8
Nearby Schools
8
/10
Hidden Valley Middle School
4902 Hidden Valley School Rd
Distance between this listing and this school3.24 miles
Public District Grades 6-8
7
/10
Northside Middle School
6810 Northside High School Rd
Distance between this listing and this school3.55 miles
Public District Grades 6-8
Assigned Schools
5
/10
Salem High School
400 Spartan Dr
Distance between this listing and this school1.54 miles
Public District Grades 9-12
Nearby Schools
5
/10
Northside High School
6758 Northside High School Rd
Distance between this listing and this school3.52 miles
Public District Grades 9-12
2
/10
William Fleming High School
3649 Ferncliff Ave NW
Distance between this listing and this school3.73 miles
The neighbors living near this home have an average income of $70,766. The majority of Salem, VA residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 303 Craig Ave
What is the listing price of this property?
The listing price of 303 Craig Ave property is $109,950.
What type of property is this?
The property 303 Craig Ave is land located in Salem, Virginia, 24153.
Is this property for sale now?
Active Listing: 303 Craig Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 303 Craig Ave are: G.W. Carver Elementary School: GreatSchools Rating 5/10Andrew Lewis Middle School: GreatSchools Rating 6/10Salem 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 $391 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 303 Craig Ave in Salem, VA and zip code 24153. This home sits on a 0.41 acre lot. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $109,950.
In April 2024 more than 12 listings in Salem, VA were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 15 were sold below. The number of listings in Salem, VA increased by 18.6% between March 2024 and April 2024. The median list price of listings available in April 2024 was $294,944, while the average time on the real estate market was 3 days.
From Rocket Homes Real Estate and based on county public records data.
Although 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. 
Symphony or Opera
Symphony or Opera
NBA/WNBA
Horse Races
Chico's
New York & Company
Stein Mart
Boston Market
Qdoba
LongHorn Steakhouse
Volvo
Infiniti
Buick
Talk/Personality
Active Rock