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546 Westminister Ln, Salem, VA, 24153

2beds
3baths
1,462sqft
$225,000
$154price/sqft
$1,634/moest. monthly cost
$65,360/yrincome needed

About This Home

SOUGHT AFTER WESTMINISTER TOWNHOME IN SALEM FEATURES RECENT LVP FLOORING, SOME RECENT PAINT, DINING AREA, GAS LOG FIREPLACE, DECK, 2 BEDROOMS, FULL WALKOUT BASEMENT CURRENTLY USED AS BEDROOM AND 2 & 1/2 BATHS.

Getting Around

12
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

8/10
7/10
7/10
Salem High SchoolGrades 9-121.8 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1985

Materials

  • Construction materials: Brick,Vinyl

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Refrigerator

Basement

  • Has basement: Yes

Bedroom1

  • Level: U

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Den

  • Level: L

Dining Area

  • Level: E

Eat In Kitchen

  • Level: E

Features

  • Window features: Tilt-In
  • Flooring: Carpet,Vinyl
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 400
  • Finished area above ground: 1,062

Great Room

  • Level: E

Heating & Cooling

  • Heating features: Heat Pump Electric
  • Cooling features: Heat Pump Electric

Interior Area

  • Total structure area: 1,462
  • Total interior livable area: 1,462 sqft

Laundry

  • Level: E

Primary Bedroom

  • Level: U

Sun Room

  • Level: E

Property

Details

  • Parcel number: 474259
  • Attached to another structure: Yes

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Has view: Yes

Lot

  • Lot size: 1,306 sqft
  • Features: Cul-De-Sac,Level

Parking

  • Parking features: Paved

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Winter Weather
Cold Wave

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,137$13,644
Home Insurance *$74$888
Property Taxes $221$2,652
Electricity $202$2,433
Total$1,634$19,608
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,022/yr
40% on housing$49,020/yr
45% on housing$43,573/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$154This listing

vs Other Active Listings

Avg $/sqft

ZIP 24153$150
Salem City$117

vs Homes Sold Last Month

Median $/sqft

ZIP 24153$164
Salem City$165

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-24Listed for sale$225,000
2024-12-16Sold$200,000
2015-01-28Sold$66,000
2014-03-07Sold$97,000

For Sale by Agent

AgentSTEVE W SILCOTT, I I
BrokerageRE/MAX REAL ESTATE ONE

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