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707 S Colorado St, Salem, VA, 24153

$274,999

Home List Price

$3,266*

Closing Credit

5 Bedrooms
2 Full Baths
1,996 SqFt
$138/SqFt
House

Location

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707 S Colorado St, Salem$274,999

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport Detached, Off Street Parking
Year BuiltNew Const., 1910
HeatingForced Air
CoolingCentral Air
BasementYes
ViewOther
MLS #911214
Lot Size0.22 Acres
StatusActive

About 707 S Colorado St

Experience a unique chance to own a beautifully updated home in a prime location close to downtown Salem, Roanoke College, and The Greenway! Zoned RB for residential or business use, this property is ideal for families, businesses, or both in a live/work environment. Enjoy stunning refinished heart of pine floors, recently renovated bathrooms and kitchen, a new roof 2021, new HVAC 2022, fresh paint, modern appliances, and ample space. Plus, benefit from convenient parking, alley access, a carport, a waterproofed basement, make it into duplex, has two meters, endless possibilities!

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1910
  • Stories: 2
  • Living Area: 1,996 SqFt

Listing Office:

  • Office Name: WALKER REAL ESTATE SOLUTIONS

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Electric Range
  • Basement: Yes
  • Flooring Type: Tile - i.e. ceramic, Vinyl, Wood
  • Interior: Breakfast Area, Ceiling Fan, Storage

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Deck, Garden Space, Other - See Remarks, Paved Driveway

Parking Information:

  • Parking: Carport Detached, Off Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: MAIN ST SALEM TO COLLEGE TO COLORADO JUST PAST 4TH STREET ON RIGHT.

Price Information

Listing Price Info

Price Summary:

  • List Price: $274,999
  • Price Per SqFt: $138/SqFt

Tax Information:

  • Annual Amount: $1,490
  • Tax Year: 2021
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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

$295K

Med. Price/SqFt

$171

# of Sold Homes

29

707 S Colorado St vs Salem

57 DAYS ON ROCKET

$274,999

-$20K Less

$138/SqFt

-$34 Less

KEY TAKEAWAY

This property is $20K less than the Median Sold Price and $34/SqFt less than other homes in Salem, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #911214

Listing Office:

  • Office Name: WALKER REAL ESTATE SOLUTIONS

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: 11/21/2024, 2:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 15, 2021Home Sold
$127,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,490$124,200
2020$1,464$122,000
2019$1,381$121,600
2018$1,382$117,100
2017$1,368$115,900

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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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-317028
5
/10

  • G.W. Carver Elementary School

  • 6 E 4th St

  • 0.13 miles

  • Public District Grades PK-5

school-card-donut-317029
4
/10

  • West Salem Elementary School

  • 520 N Bruffey St

  • 1.42 miles

  • Public District Grades KG-5

school-card-donut-317030
7
/10

  • East Salem Elementary School

  • 1765 Roanoke Blvd

  • 1.55 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 $36,636. The majority of Salem, VA residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 707 S Colorado St

What is the listing price of this property?

The listing price of 707 S Colorado St property is $274,999.

What type of property is this?

The property 707 S Colorado St is a house located in Salem, Virginia, 24153.

Is this property for sale now?

Active Listing: 707 S Colorado St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,490 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 15, 2021 for $127,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 707 S Colorado St has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 707 S Colorado St is 1,996 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 707 S Colorado St is 1910.

Rocket Homes›Virginia›Salem›24153›707 S Colorado St

This home is located at 707 S Colorado St in Salem, VA and zip code 24153. This 1,996 square foot home, which was built in 1910, sits on a 0.22 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $274,999.

While more than 7 listings in Salem, VA in October 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 16 were sold below. In October 2024 in Salem, VA there were 28.6% more homes for sale than in September 2024.

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

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