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5405 Salem St, Richmond, VA, 23231

$384,950

Home List Price

$4,571*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,453 SqFt
$265/SqFt
House

Location

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5405 Salem St, Richmond$384,950

Buyer Closing Credits

$4,571*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year BuiltNew Const., 2024
HeatingElectric, Heat Pump
CoolingCentral Air
BasementYes
MLS #2431917
Lot Size0.12 Acres
StatusActive

About 5405 Salem St

Welcome to his gorgeous new construction home in sleepy Fulton on a non-through street, featuring 3 bedrooms 2.5 baths and 1,450 SF of living space with an unfinished walkout basement that's almost 1,000SF!! Slated to be completed March 1st 2025 nd is 1 of 8 new homes to be built on this block!! Enjoy great views of the quiet street on your covered front porch and enjoy living in your new home with tons of upgrades throughout to include 9' ceilings on the first floor, wide plank engineered hardwoods throughout, lots of can lights, 10x16 private rear balcony, a walk out basement with a bathroom already roughed in, 9' ceilings and poured concrete walls and more!! Spacious LR with transom over the front door and 2 coat closets for added storage and features a nice sized space for ease of living and sight lines into the kitchen and dining areas! Kitchen boasting quartz counter tops, soft close doors and drawers, SS Appliances with a pantry and not to mention a 7' island with a bar overhang as well as a larger rear deck overlooking the back yard!! First Floor Primary bedroom with a nice sized WIC and en suite featuring tile floors, oversized vanity with tub/shower and tile surround! Powder room off the rear hall is tucked away or privacy! Larger totally private back yard! Nice sized bedrooms on the 2nd floor with larger closets and plenty of overhead lighting! Hall bath features tile floors and larger vanity! Massive walk out unfinished basement is perfect for a band room, rec room, workshop or just plain old storage and features a French door out onto the larger 10x16 concrete patio and overlook the private rear yard! Photos are of a nearly identical home selections in this home could be slightly different.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 2024
  • Stories: 2
  • Living Area: 1,453 SqFt

Listing Office:

  • Office Name: Hometown Realty
  • Office Phone: (804) 249-2792
  • Listing Agent: Matt Jarreau

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Microwave, Oven, Refrigerator, Cooktop, Self Cleaning Oven, Stove, Water Heater
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Wood
  • Interior: Bedroom on Main Level, Bathroom Rough-In, Ceiling Fan(s), Eat-in Kitchen, French Door(s)/Atrium Door(s), Granite Counters, High Ceilings, Kitchen Island, Bath in Primary Bedroom, Main Level Primary, Pantry, Recessed Lighting, Cable TV, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Deck, Porch

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Landscaped, Level
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From I-95 S, take Exit 74B toward Franklin St. Continue onto N 15th St, Left on E Main St. Left on Williamsburg Ave, Right on Salem St. Home is on the Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $384,950
  • Price Per SqFt: $265/SqFt
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Housing Market Comparison

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

Med. Sold Price

$373.9K

Med. Price/SqFt

$244

Avg. Days On Market

24

# of Sold Homes

233

5405 Salem St vs Richmond

1 DAY ON ROCKET

-23 Days

$384,950

+$11K More

$265/SqFt

+$20 More

KEY TAKEAWAY

This property is $11K more than the Median Sold Price and $20/SqFt more than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2431917

Listing Office:

  • Office Name: Hometown Realty
  • Office Phone: (804) 249-2792
  • Listing Agent: Matt Jarreau

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. 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. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. 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: 12/17/2024, 11:55:55 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

$1,989

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,221

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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.

Nearby Schools

school-card-donut-4276968
4
/10
  • Montrose Elementary School

  • 2820 Williamsburg Rd

  • 1.28 miles

  • Public District Grades PK-5

school-card-donut-4276969
3
/10
  • Chimborazo Elementary School

  • 3000 E Marshall St

  • 1.69 miles

  • Public District Grades PK-5

school-card-donut-4276970
2
/10
  • Henry L. Marsh, III Elementary School

  • 813 N 28th St

  • 1.89 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,032. The majority of Richmond, VA residents have income less than $35k annually. The majority of families are single, 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

Frequently Asked Questions About 5405 Salem St

What is the listing price of this property?

The listing price of 5405 Salem St property is $384,950.

What type of property is this?

The property 5405 Salem St is a house located in Richmond, Virginia, 23231.

Is this property for sale now?

Active Listing: 5405 Salem St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5405 Salem St has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5405 Salem St is 1,453 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5405 Salem St is 2024.

Rocket Homes›Virginia›Henrico County›Richmond›23231›5405 Salem St

This home is located at 5405 Salem St in Richmond, VA and zip code 23231 in the East Side neighborhood. This 1,453 square foot home, which was built in 2024, sits on a 0.12 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $384,950.

Richmond, VA housing market in November 2024 saw over 91 listings sold above listed price, more than 59 sold at listed price and over 82 sold below. The number of homes for sale in Richmond, VA decreased by 5.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $373,927, while the average time on the real estate market was 24 days.

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

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