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Sold for $374,955
  • $374,955

    5401 Salem St, Richmond, VA 23231

    3beds
    1,453sqft
    Single Family Residence
    Built in 2024
    5,248 Square Feet Lot
    $386,200 Zestimate®
    $258/sqft
    $2,502 Estimated rent

    Home value

    $386,200

    $367,000 - $409,000

    $2,502/mo

    Zestimate® history
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    What's special

    Welcome to his gorgeous newly constructed home in sleepy Fulton on a non-through street, featuring 3 bedrooms 2.5 baths and 1,450 SF of living space with an unfinished walkout basement that's almost 1,000SF!! Enjoy great views of the quiet street on your covered front porch and enjoy living in your new home with tons of upgrades throughout to include 9' ceilings on the first floor, wide plank engineered hardwoods throughout, lots of can lights, 10x16 private rear balcony, a walk out basement with a bathroom already roughed in, 9' ceilings and poured concrete walls and more!! Spacious LR with transom over the front door and 2 coat closets for added storage and features a nice sized space for ease of living and sight lines into the kitchen and dining areas! Kitchen boasting quartz counter tops, soft close doors and drawers, SS Appliances with a pantry and not to mention a 7' island with a bar overhang as well as a larger rear deck overlooking the back yard!! First Floor Primary bedroom with a nice sized WIC and en suite featuring tile floors, oversized vanity with tub/shower and tile surround! Powder room off the rear hall is tucked away or privacy! Larger totally private back yard! Nice sized bedrooms on the 2nd floor with larger closets and plenty of overhead lighting! Hall bath features tile floors and larger vanity! Massive walk out unfinished basement is perfect for a band room, rec room, workshop or just plain old storage and features a French door out onto the larger 10x16 concrete patio and overlook the private rear yard! Photos are of a nearly identical home, updated photos to be posted on 10-4-24

    Zillow last checked:

    Listing updated:

    Listed by:

    Matt Jarreau 804-306-9019,

    Hometown Realty

    Bought with:

    Justin Owen, 0225197051

    The Steele Group

    Source: CVRMLS,MLS#: 2425161MLS LogoOriginating MLS: Central Virginia Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Description: WIC, En Suite, Engineered Hardwoods
    • Level: First
    • Dimensions: 13.6 x 10.6
    Bedroom 2
    • Description: Engineered Hardwoods, Double Closet
    • Level: Second
    • Dimensions: 12.11 x 12.0
    Bedroom 3
    • Description: Engineered Hardwoods,Double Closet
    • Level: Second
    • Dimensions: 11.3 x 12.0
    Additional room
    • Description: Basement roughed in for a bath, Access To Patio
    • Level: Basement
    • Dimensions: 42.0 x 23.6
    Other
    • Description: Tub & Shower
    • Level: First
    Other
    • Description: Tub & Shower
    • Level: Second
    Half bath
    • Level: First
    Kitchen
    • Description: Open To LR, Island, Pantry, Quartz Counters
    • Level: First
    • Dimensions: 14.10 x 13.8
    Living room
    • Description: Coat Closet, Open To Dining Area & Kitchen
    • Level: First
    • Dimensions: 20.6 x 20.3
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Cooking, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Smooth Cooktop, Self Cleaning Oven, Water Heater
    • Laundry: Washer Hookup, Dryer Hookup, Stacked
    Features
    • Bedroom on Main Level, Bathroom Rough-In, Ceiling Fan(s), Eat-in Kitchen, French Door(s)/Atrium Door(s), Granite Counters, High Ceilings, Kitchen Island, Main Level Primary, Pantry, Recessed Lighting, Cable TV, Walk-In Closet(s)
    • Doors: French Doors
    • Basement: Full,Walk-Out Access
    • Attic: Access Only
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,453 sqft
    • Finished area above ground: 1,453

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Rear Porch, Front Porch, Patio, Porch
    • Exterior features: Porch
    • Pool features: None
    • Fencing: None
    Lot
    • Size: 5,248 Square Feet
    • Dimensions: 35 x 150
    • Features: Landscaped, Level
    Details
    • Parcel number: E0100138011
    • Zoning description: R-5
    • Special conditions: Corporate Listing

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod
    • Property subtype: Single Family Residence
    Materials
    • Drywall, Frame, Vinyl Siding
    • Roof: Composition,Shingle
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Powhatan Place
    Location
    • Region: Richmond

    Financial & listing details

    • Price per square foot: $258/sqft
    • Tax assessed value: $55,000
    • Annual tax amount: $660
    • Date on market: 1/18/2026
    • Ownership: Corporate
    • Ownership type: Corporation

    Price history

    DateEventPrice
    11/1/2024Sold$374,955$258/sqft
    Source: CVRMLS #2425161 Report a problem
    10/7/2024Pending sale$374,955$258/sqft
    Source: CVRMLS #2425161 Report a problem
    10/5/2024Price change$374,955+0%$258/sqft
    Source: CVRMLS #2425161 Report a problem
    10/3/2024Listed for sale$374,950+1399.8%$258/sqft
    Source: CVRMLS #2425161 Report a problem
    2/8/2022Sold$25,000$17/sqft
    Source: CVRMLS #2201160 Report a problem
    1/21/2022Pending sale$25,000$17/sqft
    Source: CVRMLS #2201160 Report a problem
    1/17/2022Listed for sale$25,000+25%$17/sqft
    Source: CVRMLS #2201160 Report a problem
    6/11/2019Sold$20,000+33.3%$14/sqft
    Source: Public Record Report a problem
    4/1/2019Pending sale$15,000$10/sqft
    Source: RE/MAX Commonwealth #1908602 Report a problem
    3/29/2019Listed for sale$15,000$10/sqft
    Source: RE/MAX Commonwealth #1908602 Report a problem
    3/29/2019Pending sale$15,000$10/sqft
    Source: RE/MAX Commonwealth #1908602 Report a problem
    3/25/2019Pending sale$15,000$10/sqft
    Source: RE/MAX Commonwealth #1908602 Report a problem
    3/23/2019Listed for sale$15,000-40%$10/sqft
    Source: RE/MAX Commonwealth #1908602 Report a problem
    5/7/2012Sold$25,000+66.7%$17/sqft
    Source: Public Record Report a problem
    3/16/2012Sold$15,000-89.3%$10/sqft
    Source: Public Record Report a problem
    12/30/2011Listed for sale$139,950+2232.5%$96/sqft
    Source: Hometown Realty Services #1132110 Report a problem
    4/17/2009Sold$6,000$4/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,128 +525.5%$344,000 +525.5%
    2024$660 +22.2%$55,000 +22.2%
    2023$540 $45,000
    2022$540 +309.1%$45,000 +309.1%
    2021$132 +83.3%$11,000 +83.3%
    2020$72 $6,000
    2019$72 $6,000
    2018$72 -39.4%$6,000
    2017$119 $6,000
    2016$119 $6,000
    2015$119 $6,000
    2013-- $6,000
    2012-- $6,000
    2011-- $6,000
    2010-- $6,000
    2009-- $6,000
    2008-- $6,000 +20%
    2007-- $5,000 +28.2%
    2006-- $3,900 +2.6%
    2005-- $3,800 +11.8%
    2003-- $3,400
    2002-- $3,400 +3%
    2001$47 $3,300
    Find assessor info on the county website

    Neighborhood: Fulton

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Chimborazo
    • Middle: Martin Luther King Jr.
    • High: Armstrong

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

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    Estimated market value
    $386,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $386,200