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For sale
    • Price cut: $10K (7/22)
    $410,000

    507 S College Ave, Salem, VA 24153

    3beds
    2,264sqft
    : 
    $2,674/mo
    Get pre-qualified
    Single Family Residence
    Built in 1920
    7,405 Square Feet Lot
    $-- Zestimate®
    $181/sqft
    $-- HOA

    What's special

    Gas fireplaceModern conveniencesWet barPrivate fenced backyardNewer metal roofThree bedroomsCovered front porch
    1920's charm and modern conveniences come together in this attractive downtown Salem home. The main level offers spacious formal living & dining as well as a newly remodeled kitchen. Gas fireplace. Upstairs, enjoy three bedrooms and a large bathroom with separate shower, jacuzzi tub and dual sink vanity. The huge den addition offers amazing entertainment space complete with a wet bar and second full bath. Covered front porch, back deck & private fenced backyard. Newer metal roof, windows and siding; heat pump 2020, furnace 2021. Detached garage currently used as storage/workshop, second driveway and alley access. Zoning allows business use.
    38 days
    |
    1,178
    |
    86
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    AMBER MASON 540-520-9784,

    MKB, REALTORS(r) 540-989-4555

    Source: RVAR,MLS#: 928633MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: U
      Bedroom 1
      • Level: U
      Bedroom 2
      • Level: U
      Bedroom 3
      • Level: U
      Den
      • Level: E
      Dining room
      • Level: E
      Foyer
      • Level: E
      Kitchen
      • Level: E
      Laundry
      • Level: E
      Living room
      • Level: E
      Heating
      • Forced Air Gas, Heat Pump Electric
      Cooling
      • Central Air, Heat Pump Electric
      Appliances
      • Included: Dryer, Dishwasher, Disposal, Microwave, Electric Range, Refrigerator
      Features
      • Flooring: Other - See Remarks, Wood
      • Doors: Storm Door(s)
      • Windows: Insulated Windows
      • Has basement: Yes
      • Number of fireplaces: 2
      • Fireplace features: Den, Gas Log, Living Room
      Interior area
      • Total structure area: 2,481
      • Total interior livable area: 2,264 sqft
      • Finished area above ground: 2,264
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Paved, Off Street
      • Has garage: Yes
      • Uncovered spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Rear Porch
      • Fencing: Fenced
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 50x150
      • Features: Level
      Details
      • Parcel number: 14576
      • Zoning: CBD

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl, Wood
      Condition
      • Completed
      • Year built: 1920

      Utilities & green energy

      • Electric: 0 Phase
      • Sewer: Public Sewer

      Community & HOA

      Community
      • Subdivision: NA
      HOA
      • Has HOA: No
      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $181/sqft
      • Tax assessed value: $256,400
      • Annual tax amount: $3,025
      • Date on market: 6/24/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/22/2026Price change$410,000-2.4%$181/sqft
        Source: RVAR #928633 Report a problem
        6/24/2026Listed for sale$420,000+58.5%$186/sqft
        Source: RVAR #928633 Report a problem
        3/8/2022Sold$265,000-3.6%$117/sqft
        Source: RVAR #886267 Report a problem
        2/9/2022Pending sale$275,000$121/sqft
        Source: RVAR #886267 Report a problem
        2/4/2022Listed for sale$275,000$121/sqft
        Source: RVAR #886267 Report a problem
        1/17/2022Pending sale$275,000$121/sqft
        Source: RVAR #886267 Report a problem
        1/14/2022Listed for sale$275,000$121/sqft
        Source: RVAR #886267 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,026 +5.9%$256,400 +7.7%
        2024$2,857 +13.8%$238,100 +13.8%
        2023$2,510 +23%$209,200 +23%
        2022$2,041 +11.2%$170,100 +11.2%
        2021$1,836 -1.5%$153,000 -1.5%
        2020$1,864 +18.4%$155,300 +16.4%
        2019$1,574 $133,400
        2018$1,574 +0.2%$133,400 +0.2%
        2017$1,572 -2.6%$133,200 -2.6%
        2016$1,614 -2.4%$136,800 -2.4%
        2015$1,653 $140,100
        2014$1,653 $140,100
        2012-- $140,100
        2011-- $140,100 +2.6%
        2010-- $136,500
        2008-- --
        2007-- --
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        2002-- $79,400
        2001-- $79,400
        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.
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        Climate risks

        Neighborhood: 24153

        Getting around

        70 / 100
        Somewhat Walkable
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: G. W. Carver
        • Middle: Andrew Lewis
        • High: Salem High

        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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