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Sold for $215,000
  • $215,000

    707 S Colorado St, Salem, VA 24153

    5beds
    1,996sqft
    Single Family Residence
    Built in 1910
    9,583 Square Feet Lot
    $318,200 Zestimate®
    $108/sqft
    $2,275 Estimated rent

    Home value

    $318,200

    $296,000 - $344,000

    $2,275/mo

    Zestimate® history
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    What's special

    Experience a unique chance to own a beautifully updated home in a prime location close to downtown Salem, Roanoke College, and The Greenway! Zoned RB for residential or business use, this property is ideal for families, businesses, or both in a live/work environment. Enjoy stunning refinished heart of pine floors, recently renovated bathrooms and kitchen, a new roof 2021, new HVAC 2022, fresh paint, modern appliances, and ample space. Plus, benefit from convenient parking, alley access, a carport, a waterproofed basement, make it into duplex, has two meters, endless possibilities!

    Zillow last checked:

    Listing updated:

    Listed by:

    FRAZIER HUGHES 540-314-5583,

    WALKER REAL ESTATE SOLUTIONS

    Bought with:

    DANIEL BENNETT, 0225247486

    EXP REALTY LLC - BLACKSBURG

    Source: RVAR,MLS#: 911214MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Washer, Electric Range
    Features
    • Breakfast Area, Storage
    • Flooring: Ceramic Tile, Vinyl, Wood
    • Doors: Insulated
    • Windows: Insulated Windows
    • Has basement: Yes
    Interior area
    • Total structure area: 2,833
    • Total interior livable area: 1,996 sqft
    • Finished area above ground: 1,996

    Property

    Parking
    • Parking features: Detached Carport, Paved, Off Street
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Garden Space, Other - See Remarks
    • Has view: Yes
    • View description: Sunrise, Sunset
    Lot
    • Size: 9,583 Square Feet
    • Features: Level
    Details
    • Parcel number: 16073
    • Zoning: RB

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Cement Block
    Condition
    • Completed
    • Year built: 1910

    Utilities & green energy

    • Electric: 0 Phase
    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, Cable

    Community & HOA

    Community
    • Features: Public Transport
    • Subdivision: NA
    HOA
    • Has HOA: No
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $108/sqft
    • Tax assessed value: $224,700
    • Annual tax amount: $1,230
    • Date on market: 9/24/2024

    Price history

    DateEventPrice
    7/11/2025Listing removed$2,550$1/sqft
    Source: Zillow Rentals Report a problem
    6/20/2025Listed for rent$2,550$1/sqft
    Source: Zillow Rentals Report a problem
    5/27/2025Sold$215,000-21.8%$108/sqft
    Source: RVAR #911214 Report a problem
    3/20/2025Pending sale$274,999$138/sqft
    Source: RVAR #911214 Report a problem
    2/22/2025Listed for sale$274,999$138/sqft
    Source: RVAR #911214 Report a problem
    2/7/2025Pending sale$274,999$138/sqft
    Source: RVAR #911214 Report a problem
    2/1/2025Listed for sale$274,999$138/sqft
    Source: RVAR #911214 Report a problem
    11/23/2024Pending sale$274,999$138/sqft
    Source: RVAR #911214 Report a problem
    11/19/2024Price change$274,999-3.5%$138/sqft
    Source: RVAR #911214 Report a problem
    11/3/2024Price change$284,999-3.4%$143/sqft
    Source: RVAR #911214 Report a problem
    10/15/2024Price change$295,000-1.7%$148/sqft
    Source: RVAR #911214 Report a problem
    9/24/2024Listed for sale$300,000+55.8%$150/sqft
    Source: RVAR #911214 Report a problem
    2/4/2022Sold$192,500-8.1%$96/sqft
    Source: RVAR #883850 Report a problem
    1/7/2022Pending sale$209,500$105/sqft
    Source: RVAR #883850 Report a problem
    11/1/2021Price change$209,500-2.3%$105/sqft
    Source: RVAR #883850 Report a problem
    8/19/2021Price change$214,500-2.5%$107/sqft
    Source: RVAR #880398 Report a problem
    7/12/2021Price change$219,950-2%$110/sqft
    Source: RVAR #880398 Report a problem
    6/14/2021Price change$224,500-2.4%$112/sqft
    Source: RVAR #880398 Report a problem
    6/1/2021Listed for sale$229,950+80.4%$115/sqft
    Source: RVAR #880398 Report a problem
    1/15/2021Sold$127,500-15%$64/sqft
    Source: RVAR #875185 Report a problem
    12/15/2020Pending sale$149,950$75/sqft
    Source: RVAR #875185 Report a problem
    11/18/2020Listed for sale$149,950$75/sqft
    Source: MKB, REALTORS(r) - OAK GROVE #875185 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,651 +7.8%$224,700 +9.6%
    2024$2,460 +8.6%$205,000 +8.6%
    2023$2,264 +1.1%$188,700 +1.1%
    2022$2,239 +50.2%$186,600 +50.2%
    2021$1,490 +1.8%$124,200 +1.8%
    2020$1,464 +2%$122,000 +0.3%
    2019$1,435 +3.8%$121,600 +3.8%
    2018$1,382 +1%$117,100 +1%
    2017$1,368 $115,900
    2016$1,368 -1.8%$115,900 -1.8%
    2015$1,392 $118,000
    2014$1,392 $118,000
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- $82,800
    2001-- $82,800
    Find assessor info on the county website

    Neighborhood: 24153

    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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    $318,200
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    $324,564