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

$319,900

Home List Price

$3,799*

Closing Credit

2 Bedrooms
2 Full Baths
1,062 SqFt
$301/SqFt
Condo

Location

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400 SW Salem Ave Unit 2B, Roanoke$319,900

Buyer Closing Credits

$3,799*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built2008
HeatingHeat Pump
CoolingHeat Pump
BasementYes
ViewCity, Mountain(s)
MLS #355677
StatusActive

About 400 SW Salem Ave Unit 2B

Discover this spacious 2-bedroom, 2-bath condo in the heart of vibrant downtown Roanoke, just steps from popular restaurants, breweries, and Market Square. The modern open floor plan is accentuated by soaring high ceilings and large windows that flood the space with natural light, creating an airy, inviting atmosphere. The kitchen is quipped with high-quality stainless steel appliances and designed for both functionality and style. Take the spiral staircase up to your private rooftop balcony, where you can enjoy breathtaking views of the city skyline and surrounding mountains: a perfect spot to relax. Additional highlights include a deeded parking space for added convenience, plus a storage unit. Enjoy the best of urban living with all the amenities you need right at your doorstep! Furnishings available for purchase.

Property Details

Property Features

Property Information:

  • Year Built: 2008
  • Stories: 1
  • Living Area: 1,062 SqFt

Listing Office:

  • Office Name: Keller Williams
  • Office Phone: (434) 534-9113
  • Listing Agent: Danielle N Kramer

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Concrete
  • Interior: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, High Speed Data Aval, Main Level Bedroom, Primary Bed w/Bath, Pantry, Smoke Alarm, Walk-In Closet(s), Dryer Connection, Laundry Closet, Main Level, Washer Connections

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City, Mountain(s)
  • Exterior: City View, Off-Street Parking, Patio, Rear Porch, Mountain Views

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Heading West on 460, turn left onto Gainsboro Rd. NW, then right onto Salem Ave SW. Fulton Motor Lofts will be on the left. Parking in the lot is for residents only. Street parking available.

Price Information

Listing Price Info

Price Summary:

  • List Price: $319,900
  • Price Per SqFt: $301/SqFt

HOA Fees:

  • Amount: $262
  • 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 SW Salem Ave Unit 2B vs Roanoke

43 DAYS ON ROCKET

+12 Days

$319,900

+$44.9K More

$301/SqFt

+$138 More

KEY TAKEAWAY

This property is $44.9K more than the Median Sold Price and $138/SqFt more than other homes in Roanoke, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #355677

Listing Office:

  • Office Name: Keller Williams
  • Office Phone: (434) 534-9113
  • Listing Agent: Danielle N Kramer

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: 12/21/2024, 9:21:10 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

$1,926

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,026

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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-795240
6
/10

  • Highland Park Elementary School

  • 1212 5th St SW

  • 0.65 miles

  • Public District Grades PK-5

school-card-donut-795241
2
/10

  • Hurt Park Elementary School

  • 1525 Salem Ave SW

  • 0.96 miles

  • Public District Grades PK-5

school-card-donut-795242
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. Most Roanoke, VA residents have annual incomes between $35k-100k. Most families are 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 400 SW Salem Ave Unit 2B

What is the listing price of this property?

The listing price of 400 SW Salem Ave Unit 2B property is $319,900.

What type of property is this?

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

Is this property for sale now?

Active Listing: 400 SW Salem Ave Unit 2B 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 SW Salem Ave Unit 2B has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 400 SW Salem Ave Unit 2B is 1,062 SqFt (source: MLS/tax record).

Which year was this property built?

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

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

This home is located at 400 SW Salem Ave Unit 2B in Roanoke, VA and zip code 24016 in the Downtown Roanoke neighborhood. This 1,062 square foot home was built in 2008. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $319,900.

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. The number of listings in Roanoke, VA increased by 15.7% between October 2024 and November 2024. While the average time on the market in November 2024 was 31 days, the median list price was $275,000.

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

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