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816 S Colorado St, Salem, VA, 24153

$289,000

Home List Price

$3,432*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,731 SqFt
$167/SqFt
House

Location

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816 S Colorado St, Salem$289,000

Buyer Closing Credits

$3,432*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNot Applicable, N/A, Off Street Parking
Year BuiltNew Const., 1928
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #912032
Lot Size0.17 Acres
StatusActive

About 816 S Colorado St

Charming & updated home near Downtown Salem. Welcome to this well-maintained 3-bedroom, 2.5-bathrom home with timeless charm and thoughtful upgrades. Discover beautiful wood floors throughout and a grand staircase that sets the stage for this inviting residence. A versatile bonus room offers possibilities as an office or a walk-in closet. Outdoors, enjoy a spacious backyard for gatherings, a covered front porch, an an enclosed rear porch ideal for year-round enjoyment. Located just a short walk from downtown Salem, this home combines convenience with comfort. Recent updates include a new 30-year shingle roof, replacement windows, new ductwork, an underground downspout drainage system, updated electrical outlets, a new refrigerator, and a cleaned and serviced heat pump. Additional tree

Property Details

Property Features

Property Information:

  • Architectural Style: 1.5 Story
  • Year Built: 1928
  • Stories: 1
  • Living Area: 1,731 SqFt

Listing Office:

  • Office Name: REALSTAR, REALTORS(r) LLC

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Vinyl, Wood

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

  • Parking: Not Applicable, N/A, Off Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 4th Street to S Colorado, house on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,000
  • Price Per SqFt: $167/SqFt

Tax Information:

  • Annual Amount: $1,532
  • 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

$172

# of Sold Homes

36

816 S Colorado St vs Salem

52 DAYS ON ROCKET

$289,000

-$6K Less

$167/SqFt

-$5 Less

KEY TAKEAWAY

This property is $6K less than the Median Sold Price and $5/SqFt less than other homes in Salem, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #912032

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 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,532$127,700
2020$1,490$124,200
2019$1,430$120,200
2018$1,430$121,200
2017$1,415$119,900

History based on county public records data.

Payment Calculator

$1,510

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$933

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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-690779
5
/10

  • G.W. Carver Elementary School

  • 6 E 4th St

  • 0.23 miles

  • Public District Grades PK-5

school-card-donut-690780
7
/10

  • East Salem Elementary School

  • 1765 Roanoke Blvd

  • 1.45 miles

  • Public District Grades PK-5

school-card-donut-690781
4
/10

  • West Salem Elementary School

  • 520 N Bruffey St

  • 1.53 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,636. Most Salem, VA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 816 S Colorado St

What is the listing price of this property?

The listing price of 816 S Colorado St property is $289,000.

What type of property is this?

The property 816 S Colorado St is a house located in Salem, Virginia, 24153.

Is this property for sale now?

Active Listing: 816 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 $1,532 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 816 S Colorado St has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 816 S Colorado St is 1,731 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 816 S Colorado St is 1928.

Rocket Homes›Virginia›Salem›24153›816 S Colorado St

This home is located at 816 S Colorado St in Salem, VA and zip code 24153. This 1,731 square foot home, which was built in 1928, sits on a 0.17 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $289,000.

Salem, VA housing market in November 2024 saw over 12 listings sold above listed price, more than 9 sold at listed price and over 15 sold below. The number of listings in Salem, VA increased by 7.2% between October 2024 and November 2024.

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

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