Estimated Value: $648,946
Studio
4
Baths
4,910
Sq Ft
$132/Sq Ft
Est. Value
About This Home
This home is located at 1005 E Main St, Salem, VA 24153 and is currently estimated at $648,946, approximately $132 per square foot. 1005 E Main St is a home located in Salem City with nearby schools including G.W. Carver Elementary School, Andrew Lewis Middle School, and Salem High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 2, 2025
Sold by
Corell Richard D
Bought by
Star City Realty Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,573,799
Outstanding Balance
$2,564,416
Interest Rate
6.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,915,470
Purchase Details
Closed on
Nov 7, 2017
Sold by
Corell Victoria Lynn
Bought by
Copell Richard D
Purchase Details
Closed on
Oct 27, 2010
Sold by
Finley Jonathan S and Finley Pamela L
Bought by
Corell Richard D and Corell Victoria Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.25%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 15, 2005
Sold by
West Veronica L and Church Veronica Love
Bought by
Finley Jonathan S and Finley Pamela L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.01%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Star City Realty Llc | $650,000 | Fidelity National Title | |
| Copell Richard D | -- | None Available | |
| Corell Richard D | $210,000 | Acquisition Title & Settleme | |
| Finley Jonathan S | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Star City Realty Llc | $2,573,799 | |
| Previous Owner | Corell Richard D | $168,000 | |
| Previous Owner | Finley Jonathan S | $252,000 |
Source: Public Records
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,132 | $530,800 | $111,500 | $419,300 |
| 2024 | $2,131 | $355,200 | $107,000 | $248,200 |
| 2023 | $3,944 | $328,700 | $98,100 | $230,600 |
| 2022 | $3,478 | $289,800 | $91,900 | $197,900 |
| 2021 | $2,885 | $272,300 | $89,100 | $183,200 |
| 2020 | $3,146 | $262,200 | $84,900 | $177,300 |
| 2019 | $3,146 | $262,200 | $84,900 | $177,300 |
| 2018 | $3,094 | $262,200 | $84,900 | $177,300 |
| 2017 | $3,008 | $254,900 | $77,600 | $177,300 |
| 2016 | $3,008 | $254,900 | $77,600 | $177,300 |
| 2015 | $3,008 | $254,900 | $77,600 | $177,300 |
| 2014 | $3,008 | $254,900 | $77,600 | $177,300 |
Source: Public Records
Map
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