1 month on rocket

811 Montvue, Salem, VA, 24153

$340,000

Home List Price

$4,038*

Closing Credit

0 Baths
1,421 SqFt
$239/SqFt
Multi
Schools Nearby

Location

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811 Montvue, Salem$340,000

Buyer Closing Credits

$4,038*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street Parking, Unpaved Drive
Year Built1930
HeatingHeat Pump, Other
CoolingWall Unit(s)
MLS #351428
Lot Size0.78 Acres
StatusActive

About 811 Montvue

Attention investors! This fantastic listing presents an incredible opportunity to own two beautifully renovated properties at 811 and 812 Montvue Rd. Both homes have been tastefully remodeled and enjoy a history of successful tenancy, offering immediate rental income. The properties boast exceptional potential for continued rental income. Don't miss out on this prime opportunity! Come see today and secure your investment in this thriving neighborhood. Both properties share the same water meter.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Living Area: 1,421 SqFt

Listing Office:

  • Office Name: Raven Realty LLC
  • Listing Agent: Michael W Cooper

Interior Features

Interior Information:

  • Flooring Type: Vinyl

Exterior Features

Parking Information:

  • Parking: Off Street Parking, Unpaved Drive

Lot Features

Lot Information:

  • Lot Size: 0.78 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Other
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Glenvar High School, Public District Grades 9-12
  • Glenvar Middle School, Public District Grades 6-8
  • Fort Lewis Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: South on College Ave toward E Main St Take VA-311 N/Thompson Memorial Dr and I-81 S to State Rte 619. Take exit 137 from I-81 S Follow Skyview Rd to Montvue Rd in Roanoke County.

Price Information

Listing Price Info

Price Summary:

  • List Price: $340,000
  • Price Per SqFt: $239/SqFt
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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

811 Montvue vs Salem

33 DAYS ON ROCKET

+30 Days

$340,000

+$45K More

$239/SqFt

+$69 More

KEY TAKEAWAY

This property is $45K more than the Median Sold Price and $69/SqFt more than other homes in Salem, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #351428

Listing Office:

  • Office Name: Raven Realty LLC
  • Listing Agent: Michael W Cooper

Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Lynchburg Association of REALTORS®. All rights reserved.
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, 6:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,764

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,086

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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

school-card-donut-6829349
7
/10

  • Fort Lewis Elementary School

  • 3115 W Main St

  • 1.97 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6829350
6
/10

  • Glenvar Middle School

  • 4555 Malus Dr

  • 3.19 miles

  • Public District Grades 6-8

High School

school-card-donut-6829351
6
/10

  • Glenvar High School

  • 4549 Malus Dr

  • 3.17 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 $67,688. The majority of Salem, VA residents have income between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Salem›24153›811 Montvue

This home is located at 811 Montvue in Salem, VA and zip code 24153. This 1,421 square foot home, which was built in 1930, sits on a 0.78 acre lot. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $340,000.

Over 12 listings were sold over their listed price in April 2024 in Salem, VA. In the same period over 15 listings were sold below the listed price and 10 listings were sold for the listed price. Between March 2024 and April 2024, Salem, VA real estate market has seen increase in the number of listings by 18.6%. While the average time on the market in April 2024 was 3 days, the median list price was $294,944.

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

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