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334 Craig Avenue

334 Craig Avenue, Salem, VA 24153
Property in Salem
Sold Apr 06, 2020
$143,000
$135,850 by Captial Center Llc
Mortgage Due May 01, 2050
Sold Apr 24, 2014
$115,000
334 Craig Avenue has been categorized by the local assessors in Salem, VA as a residential type of property. The building on the property was first built in 1926 and is 98 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 334 Craig Avenue has 1,232 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 29,795 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a covered porch. Moving on to the building itself. The condition of the building has been evaluated as good. The roof of the building is made of metal. The exterior walls of the building are made of a combination of material. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Apr 3, 2020 for $143,000. That's $116.07 per sqft. Prior to that sales transaction, the property was also sold in Apr 17, 2014 for $115,000. 334 Craig Avenue was last assessed in 2023. The total value of the property was assessed at $125,700. Specifically, the land the property is located on was valued at $45,000. While improvements on the property were assessed at a total of $80,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,508. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Exterior Walls Type: Combination
  • Interior Walls Type: Plaster
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Unfinished basement
  • Basement Area: 325
  • Garage Type: Carport
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 29,795
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,232
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CRAIG AVE
  • Land Acres: 0.684
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT CRAIG AVE

Ownership

  • Current Owner : LEWIS DONALD A
  • Previous Owner : THOMAS JULIE P
  • Previous Owner 2: THOMAS CHRISTOPHER EDWARD
  • Owner Before Previous Owner: LEE FRED C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salem City Public Schools
  • Census Tract: 010100

Zoning

  • Zoning: RSF

Geography

  • Assessors Map Reference: MAP 72
  • Parcel: Apr 01, 1972
  • Municipality: SALEM CITY
  • Latitude: 37.2988
  • Longitude: -80.0505

    Address

  • Full Address: 334 Craig Ave
  • Address - House Number: 334
  • Address - Street Name: Craig
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Salem
  • Carrier Code: C007
  • 4-Digit Zip Code: 3940
  • Zip Code: 24153

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,508

    Appraisal Valuation

  • Standard Deviation: 0.2042
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 72
  • Final Value: 207,438
  • High Value: 249,802
  • Low Value: 165,073

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,850
  • First Open Lien Mortgage Lender: CAPTIAL CENTER LLC
  • First Open Lien Mortgage Recording Date: Apr 06, 2020
  • First Open Lien Mortgage Loan Amount: $135,850
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $125,700
  • Market Land Value: $45,000
  • Market Improvement Value: $80,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,700
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $80,700

    Sales

  • Current Sale Contract Date: Apr 03, 2020
  • Current Sale Recording Date: Apr 06, 2020
  • Current Sale Transaction ID: 11766515961
  • Current Sale Price: $143,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200000861
  • Previous Sale Recording Date: Apr 24, 2014
  • Previous Sale Contract Date: Apr 17, 2014
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAPTIAL CENTER LLC
  • First Mortgage Transaction Date: Apr 06, 2020
  • First Mortgage Loan Amount: $135,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

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$1,200 /mo

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Frequently Asked Questions

What neighborhood is 334 Craig Avenue located in?
The 334 Craig Avenue is a located in the neighborhood of Salem in Salem, Salem.
What is the average sales price for listings in 334 Craig Avenue?
The average sales price for units in 334 Craig Avenue is $0 currently.

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