7 months on rocket

811 Montvue, Salem, VA, 24153

$309,000

Home List Price

$3,669*

Closing Credit

0 Baths
1,421 SqFt
$217/SqFt
Multi

Location

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811 Montvue, Salem$309,000

Buyer Closing Credits

$3,669*

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. Dont 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)

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: $309,000
  • Price Per SqFt: $217/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

$295K

Med. Price/SqFt

$171

# of Sold Homes

29

811 Montvue vs Salem

233 DAYS ON ROCKET

$309,000

+$14K More

$217/SqFt

+$45 More

KEY TAKEAWAY

This property is $14K more than the Median Sold Price and $45/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: 11/21/2024, 1:20:57 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

$1,610

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$993

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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-312584
4
/10

  • West Salem Elementary School

  • 520 N Bruffey St

  • 0.79 miles

  • Public District Grades KG-5

school-card-donut-312585
8
/10

  • South Salem Elementary School

  • 1600 Carolyn Rd

  • 1.68 miles

  • Public District Grades KG-5

school-card-donut-312586
8
/10

  • Fort Lewis Elementary School

  • 3115 W Main St

  • 1.97 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 $67,688. The majority of Salem, VA residents have income between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

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 $309,000.

Salem, VA housing market in October 2024 saw over 7 listings sold above listed price, more than 6 sold at listed price and over 16 sold below. Between September 2024 and October 2024, Salem, VA real estate market has seen increase in the number of listings by 28.6%.

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

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