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Sale Pending

307 S Colorado St, Salem, VA, 24153

$192,500

Home List Price

$2,286*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,560 SqFt
$123/SqFt
House
Schools Nearby

Location

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307 S Colorado St, Salem$192,500

Buyer Closing Credits

$2,286*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNot Applicable, N/A, Off Street Parking
Year BuiltNew Const., 1940
HeatingNatural Gas
CoolingCentral Air
BasementYes
MLS #906083
Lot Size0.11 Acres
StatusSale Pending
(Pending)

About 307 S Colorado St

Nestled in the vibrant City of Salem, this delightful 3-bedroom home offers a perfect blend of comfort and convenience. Located within walking distance to downtown, enjoy easy access to shopping, dining, and entertainment options. Spacious bedrooms providing ample living space. Large dining room, perfect for hosting gatherings and entertaining guests. Flat fenced-in yard offering privacy. Current seller has done lots of updates, replaced roof 2019; replaced HVAC and AC about 6 years ago; water heater is about 3 years old; new bathtub 2022. Light fixture in full bath on mirror passes as is.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1940
  • Stories: 2
  • Living Area: 1,560 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER TOWNSIDE, REALTORS(r)

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Dishwasher, Gas Range, Range Hood, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Vinyl, Wood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Covered Porch, Fenced Yard

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • 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
  • G.W. Carver Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From E Main St in Salem, turn on S College Ave. Right on 2nd St. Right on S Colorado St. Home on Left - 307 S Colorado St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $192,500
  • Price Per SqFt: $123/SqFt

Tax Information:

  • Annual Amount: $1,405
  • 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

$291.8K

Med. Price/SqFt

$168

# of Sold Homes

40

307 S Colorado St vs Salem

30 DAYS ON ROCKET

$192,500

-$99.3K Less

$123/SqFt

-$46 Less

KEY TAKEAWAY

This property is $99.3K less than the Median Sold Price and $46/SqFt less than other homes in Salem, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #906083

Listing Office:

  • Office Name: COLDWELL BANKER TOWNSIDE, REALTORS(r)

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: 4/27/2024, 9:25:18 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$1,405$117,100
2020$1,358$113,200
2019$1,286$110,300
2018$1,286$109,000
2017$1,272$107,800

History based on county public records data.

Payment Calculator

$1,028

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$644

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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-1148327
5
/10

  • G.W. Carver Elementary School

  • 6 E 4th St

  • 0.33 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1148328
6
/10

  • Andrew Lewis Middle School

  • 616 S College Ave

  • 0.27 miles

  • Public District Grades 6-8

High School

school-card-donut-1148329
5
/10

  • Salem High School

  • 400 Spartan Dr

  • 1.27 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 $36,636. Most Salem, VA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 307 S Colorado St

What is the listing price of this property?

The listing price of 307 S Colorado St property is $192,500.

What type of property is this?

The property 307 S Colorado St is a house located in Salem, Virginia, 24153.

Is this property for sale now?

Sale Pending: 307 S Colorado 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 307 S Colorado St are:
G.W. Carver Elementary School: GreatSchools Rating 5/10
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 $1,405 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 307 S Colorado St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 307 S Colorado St is 1,560 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 307 S Colorado St is 1940.

Rocket Homes›Virginia›Salem›24153›307 S Colorado St

This home is located at 307 S Colorado St in Salem, VA and zip code 24153. This 1,560 square foot home, which was built in 1940, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $192,500.

Over 12 listings were sold over their listed price in March 2024 in Salem, VA. In the same period over 20 listings were sold below the listed price and 8 listings were sold for the listed price. In March 2024 in Salem, VA there were 37.6% more homes for sale than in February 2024.

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

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