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For sale
  • $132,000

    1622 Salem Ave SW, Roanoke, VA 24016

    2beds
    672sqft
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    Single Family Residence
    Built in 1992
    5,662 Square Feet Lot
    $132,200 Zestimate®
    $196/sqft
    $-- HOA

    What's special

    Open floorplanLvp flooringRenovated bathroomNew water heater
    TURN KEY RENTAL PROPERTY. The home received significant renovations in 2024, which include LVP flooring, paint, renovated bathroom, removal of partition wall to create open floorplan, new water heater, etc. The home is currently leased to a long term tenant at a rate of $1,225/mo. The current lease term ends 3-30-2027.
    3 days
    |
    302
    |
    20
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    CODY ALLEN MCCRAW 540-761-5820,

    IVY REALTY LLC 540-777-3711

    Source: RVAR,MLS#: 929605MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Baseboard Electric
      Cooling
      • None
      Appliances
      • Included: Dryer, Washer, Electric Range, Refrigerator
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 672
      • Total interior livable area: 672 sqft
      • Finished area above ground: 672
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Open
      • Uncovered spaces: 2
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 5,662 Square Feet
      • Dimensions: 38x150
      • Features: Level
      Details
      • Parcel number: 1211703
      • Zoning: RM-1

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl
      Condition
      • Completed
      • Year built: 1992

      Utilities & green energy

      • Electric: 4 Phase
      • Sewer: Public Sewer

      Community & HOA

      Community
      • Subdivision: N/A
      HOA
      • Has HOA: No
      Location
      • Region: Roanoke

      Financial & listing details

      • Price per square foot: $196/sqft
      • Tax assessed value: $79,100
      • Annual tax amount: $1,109
      • Date on market: 7/18/2026

        Estimated market value

        $132,200

        $118,000 - $148,000

        $1,216/mo

        Price history

        DateEventPrice
        7/18/2026Listed for sale$132,000+21.7%$196/sqft
        Source: RVAR #929605 Report a problem
        2/11/2025Listing removed$1,200$2/sqft
        Source: RVAR #913885 Report a problem
        1/28/2025Listed for rent$1,200$2/sqft
        Source: RVAR #913885 Report a problem
        11/15/2024Sold$108,500-15.9%$161/sqft
        Source: RVAR #911133 Report a problem
        10/10/2024Pending sale$129,000$192/sqft
        Source: RVAR #911133 Report a problem
        9/20/2024Listed for sale$129,000$192/sqft
        Source: RVAR #911133 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$965 +15.3%$79,100 +15.3%
        2024$837 +14.5%$68,600 +14.5%
        2023$731 +7.7%$59,900 +7.7%
        2022$678 +9%$55,600 +9%
        2021$622 -14.5%$51,000 +1.4%
        2020$728 +19.3%$50,300 +0.6%
        2019$610 -13.1%$50,000 +4.4%
        2018$702 +15.8%$47,900
        2017$606 $47,900
        2016$606 +1.4%$47,900
        2015$597 $47,900
        2014$597 $47,900 -4.6%
        2013-- $50,200 -4.7%
        2012-- $52,700 -6.6%
        2011-- $56,400
        2010-- $56,400
        2009-- $56,400
        2008-- $56,400 +3.1%
        2007-- $54,700 +16.1%
        2005-- $47,100 +1.1%
        2004-- $46,600 +12.3%
        2003-- $41,500 +25.4%
        2002-- $33,100 +10%
        2001-- $30,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Hurt Park

        Getting around

        39 / 100
        Car-Dependent
        32 / 100
        Some Transit
        82 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hurt Park
        • Middle: James Madison
        • High: Patrick Henry

        Source: RVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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