2 months on rocket

400 Salem Ave SW Unit 2K, Roanoke, VA, 24016

$229,750

Home List Price

$2,728*

Closing Credit

1 Bedroom
1 Full Bath
774 SqFt
$297/SqFt
Condo

Location

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400 Salem Ave SW Unit 2K, Roanoke$229,750

Buyer Closing Credits

$2,728*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNot Applicable, N/A, Designated Spaces
Year BuiltNew Const., 2008
HeatingHeat Pump
CoolingHeat Pump
ViewCity
MLS #911825
StatusActive

About 400 Salem Ave SW Unit 2K

Come see the best of modern luxury living in downtown Roanoke. Located within walking distance to several restaurants, stores and a brewery. Designated parking spot for resident and an extra storage room.

Property Details

Property Features

Property Information:

  • Architectural Style: Other - See Remarks
  • Year Built: 2008
  • Living Area: 774 SqFt

Listing Office:

  • Office Name: REALSTAR, REALTORS(r) LLC

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Dishwasher, Disposal, Microwave, Electric Range, Refrigerator
  • Basement: No
  • Flooring Type: Concrete
  • Interior: Breakfast Area, Ceiling Fan, Storage, Walk-in-Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Parking: Not Applicable, N/A, Designated Spaces

Lot Features

Lot Information:

  • Lot: Cleared, Level

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: 5th Street to R on Salem Ave, Fulton Motor Lofts on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,750
  • Price Per SqFt: $297/SqFt

HOA Fees:

  • Amount: $192
  • Frequency: Monthly
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Housing Market Comparison

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

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Roanoke, VA

City

Med. Sold Price

$275K

Med. Price/SqFt

$162

Avg. Days On Market

31

# of Sold Homes

152

400 Salem Ave SW Unit 2K vs Roanoke

61 DAYS ON ROCKET

+30 Days

$229,750

-$45.2K Less

$297/SqFt

+$134 More

KEY TAKEAWAY

This property is $45.2K less than the Median Sold Price and $134/SqFt more than other homes in Roanoke, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #911825

Listing Office:

  • Office Name: REALSTAR, REALTORS(r) LLC

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: 12/21/2024, 10:20:57 PM 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

$1,406

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$755

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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.

Nearby Schools

school-card-donut-800614
6
/10

  • Highland Park Elementary School

  • 1212 5th St SW

  • 0.65 miles

  • Public District Grades PK-5

school-card-donut-800615
2
/10

  • Hurt Park Elementary School

  • 1525 Salem Ave SW

  • 0.96 miles

  • Public District Grades PK-5

school-card-donut-800616
3
/10

  • Lincoln Terrace Elementary School

  • 1802 Liberty Rd NW

  • 1.13 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,418. The majority of Roanoke, VA residents have income between $35k-100k annually. Typical family type is 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 400 Salem Ave SW Unit 2K

What is the listing price of this property?

The listing price of 400 Salem Ave SW Unit 2K property is $229,750.

What type of property is this?

The property 400 Salem Ave SW Unit 2K is a condo located in Roanoke, Virginia, 24016.

Is this property for sale now?

Active Listing: 400 Salem Ave SW Unit 2K is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 400 Salem Ave SW Unit 2K has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 400 Salem Ave SW Unit 2K is 774 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 400 Salem Ave SW Unit 2K is 2008.

Rocket Homes›Virginia›Roanoke›24016›400 Salem Ave SW Unit 2K

This home is located at 400 Salem Ave SW Unit 2K in Roanoke, VA and zip code 24016 in the Downtown Roanoke neighborhood. This 774 square foot home was built in 2008. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $229,750.

In November 2024 more than 62 listings in Roanoke, VA were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 69 were sold below. Between October 2024 and November 2024, Roanoke, VA real estate market has seen increase in the number of listings by 15.7%. In November 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $275,000.

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

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