NEW CONSTRUCTION IN SALEM WITH NO HOME OWNERS ASSOCIATION. HOME FEATURES EAT IN KITCHEN WITH GRANITE COUNTER TOPS, STAINLESS APPLIANCES AND PANTRY. MASTER SUITE WITH HUGE WALK IN CLOSET, 2 ADDITIONAL BEDROOMS, COVERED FRONT PORCH, REAR 12 x 12 PATIO AND CONCRETE DRIVEWAY TO ALLEYWAY. CONVENIENTLY LOCATED WITHIN WALKING DISTANCE TO SCHOOLS, LIBRARY, DOWNTOWN SALEM, ROANOKE COLLEGE, RESTAURANTS, PUBLIC TRANSPORTATION AND SIDEWALKS. HOME DOES NOT REQUIRE FLOOD INSURANCE
Sold for $285,000
$285,000
516 S Market St, Salem, VA 24153
3beds
1,530sqft
Single Family Residence
Built in 2023
3,125 Square Feet Lot
$309,400 Zestimate®
$186/sqft
$1,807 Estimated rent
Home value
$309,400
$294,000 - $325,000
$1,807/mo
Zestimate® history
Owner options
List your home for rent
$1,807/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,807/mo
Rent Zestimate®
Refinance and save
$1,738/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,738/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
STEVE W SILCOTT, I I 540-529-2771,
RE/MAX REAL ESTATE ONE
Bought with:
NORM PULLEN, 0225210780
REAL BROKER LLC - MCLEAN
Source: RVAR,MLS#: 900773
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: U
Bedroom 1
- Level: U
Bedroom 2
- Level: U
Dining area
- Level: E
Eat in kitchen
- Level: E
Foyer
- Level: E
Great room
- Level: E
Laundry
- Level: E
Heating
- Heat Pump Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Electric Range
Features
- Flooring: Ceramic Tile
- Doors: Fiberglass
- Windows: Insulated Windows, Tilt-In
- Has basement: No
Interior area
- Total structure area: 1,530
- Total interior livable area: 1,530 sqft
- Finished area above ground: 1,530
Property
Parking
- Parking features: Paved
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Front Porch
- Exterior features: Maint-Free Exterior
- Has view: Yes
Lot
- Size: 3,125 Square Feet
- Dimensions: 25x125
- Features: Level
Details
- Parcel number: 14585
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl
Condition
- New Construction,Completed
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Electric: 0 Phase
- Sewer: Public Sewer
Community & HOA
Community
- Features: Public Transport, Restaurant
- Subdivision: N/A
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $186/sqft
- Tax assessed value: $273,900
- Annual tax amount: $2,127
- Date on market: 8/15/2023
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2023 | Sold | $285,000$186/sqft |
Source:  RVAR #900773 Report a problem | ||
| 10/26/2023 | Pending sale | $285,000$186/sqft |
Source: RVAR #900773 Report a problem | ||
| 10/11/2023 | Price change | $285,000-5%$186/sqft |
Source: RVAR #900773 Report a problem | ||
| 9/27/2023 | Price change | $299,950-4.8%$196/sqft |
Source: RVAR #900773 Report a problem | ||
| 9/13/2023 | Price change | $314,950-4.3%$206/sqft |
Source: RVAR #900773 Report a problem | ||
| 8/15/2023 | Listed for sale | $329,000$215/sqft |
Source: RVAR #900773 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,232 +13.2% | $273,900 +15.1% |
| 2024 | $2,855 +1267.2% | $237,900 +1267.2% |
| 2023 | $209 | $17,400 |
Find assessor info on the county website
Neighborhood: 24153
Nearby homes
- $291,6003 bd3 ba1.5k sqft512 S Market St, Salem, VA 24153Sold
- $285,0003 bd3 ba1.5k sqft514 S Market St, Salem, VA 24153Sold
- $287,2003 bd2 ba1.5k sqft518 S Market St, Salem, VA 24153Off Market
- $23,100-- bd-- ba-- sqft522 S Market St, Salem, VA 24153Off Market
- $301,8003 bd3 ba1.3k sqft508 S Market St, Salem, VA 24153Off Market
- $238,5003 bd2 ba1.5k sqft517 S Colorado St, Salem, VA 24153Off Market
- $191,8002 bd1 ba845 sqft513 S Colorado St, Salem, VA 24153Off Market
- $--1 bd1 ba540 sqft502 S Market St, Salem, VA 24153Off Market
Nearby schools
GreatSchools rating
- 8/10G.W. Carver Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 7/10Andrew Lewis Middle SchoolGrades: 6-8Distance: 0.2 mi
- 7/10Salem High SchoolGrades: 9-12Distance: 1.5 mi
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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$309,400
2% more
+$6,188
With Zillow Showcase(estimated)
$315,588
- Virginia
- Salem City
- Salem
- 24153
- 516 S Market St
Nearby cities
Nearby zip codes
Other Salem Topics
