12 days on rocket

703 N Broad St, Salem, VA, 24153

$329,000

Home List Price

$3,907*

Closing Credit

2 Bedrooms
2 Full Baths
1,649 SqFt
$200/SqFt
House
Schools Nearby

Location

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703 N Broad St, Salem$329,000

Buyer Closing Credits

$3,907*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Detached
Year BuiltNew Const., 1930
HeatingForced Air
CoolingCentral Air, Heat Pump
BasementYes
FireplaceDen
Private PoolYes
MLS #906719
Lot Size0.19 Acres
StatusActive

About 703 N Broad St

Walk to Salem's Downtown, the public golf course and Stonegate pool. This charming home is located in one of Salem's most desirable areas. Quaint two bedroom, two bath home all on one level with a detached garage and workshop, front and back porch, two storage buildings and fenced yard. The pool has not been used in several years and may need repairs- but that's cheaper than putting in a new one! Enjoy your summer walking to the Farmer's Market and laying by your pool!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1930
  • Living Area: 1,649 SqFt

Listing Office:

  • Office Name: NEST REALTY ROANOKE

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Tile - i.e. ceramic, Wood
  • Fireplace: Den

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Deck, Fenced Yard, In-Ground Pool, Paved Driveway, Storage Shed

Parking Information:

  • Attached Garage: No
  • Parking: Garage Detached

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air, Heat Pump

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 Street in Salem from Thompson Memorial, turn Rt at the Farmer's Market. Home is on the corner of N Broad and Maccie on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $329,000
  • Price Per SqFt: $200/SqFt

Tax Information:

  • Annual Amount: $2,212
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$294.9K

Med. Price/SqFt

$169

Avg. Days On Market

3

# of Sold Homes

37

703 N Broad St vs Salem

12 DAYS ON ROCKET

+9 Days

$329,000

+$34K More

$200/SqFt

+$30 More

KEY TAKEAWAY

This property is $34K more than the Median Sold Price and $30/SqFt more than other homes in Salem, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #906719

Listing Office:

  • Office Name: NEST REALTY ROANOKE

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: 5/6/2024, 5:20:34 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$2,212$184,300
2020$2,152$179,400
2019$1,876$167,900
2018$1,876$159,000
2017$1,861$157,700

History based on county public records data.

Payment Calculator

$1,710

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,053

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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-6811493
4
/10
  • West Salem Elementary School

  • 520 N Bruffey St

  • 0.68 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6811494
6
/10
  • Andrew Lewis Middle School

  • 616 S College Ave

  • 1.12 miles

  • Public District Grades 6-8

High School

school-card-donut-6811495
5
/10
  • Salem High School

  • 400 Spartan Dr

  • 0.99 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $91,033. 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 703 N Broad St

What is the listing price of this property?

The listing price of 703 N Broad St property is $329,000.

What type of property is this?

The property 703 N Broad St is a house located in Salem, Virginia, 24153.

Is this property for sale now?

Active Listing: 703 N Broad St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 703 N Broad 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 $2,212 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 703 N Broad St has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 703 N Broad St is 1,649 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 703 N Broad St is 1930.

Rocket Homes›Virginia›Salem›24153›703 N Broad St

This home is located at 703 N Broad St in Salem, VA and zip code 24153. This 1,649 square foot home, which was built in 1930, sits on a 0.19 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $329,000.

While more than 12 listings in Salem, VA in April 2024 were sold above asking price, there were more than 10 listings sold at asking price, and 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.

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