Estimated Value: $604,182
Studio
2
Baths
2,468
Sq Ft
$245/Sq Ft
Est. Value
About This Home
This home is located at 111 E Main St, Salem, VA 24153 and is currently estimated at $604,182, approximately $244 per square foot. 111 E Main St is a home located in Salem City with nearby schools including West Salem Elementary School, Andrew Lewis Middle School, and Salem High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 11, 2023
Sold by
Griffith H Morgan
Bought by
Virginia Rental Company 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
$510,000
Outstanding Balance
$498,217
Interest Rate
7.18%
Mortgage Type
Credit Line Revolving
Estimated Equity
$105,965
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Virginia Rental Company Llc | $550,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Virginia Rental Company Llc | $510,000 |
Source: Public Records
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 | $3,042 | $515,600 | $111,900 | $403,700 |
| 2024 | $2,365 | $394,100 | $105,500 | $288,600 |
| 2023 | $3,871 | $322,600 | $95,900 | $226,700 |
| 2022 | $3,317 | $276,400 | $90,100 | $186,300 |
| 2021 | $3,119 | $259,900 | $89,100 | $170,800 |
| 2020 | $3,119 | $259,900 | $89,100 | $170,800 |
| 2019 | $3,119 | $259,900 | $89,100 | $170,800 |
| 2018 | $2,779 | $235,500 | $89,100 | $146,400 |
| 2017 | $2,765 | $234,300 | $90,700 | $143,600 |
| 2016 | $2,765 | $234,300 | $90,700 | $143,600 |
| 2015 | $2,765 | $234,300 | $90,700 | $143,600 |
| 2014 | $2,765 | $234,300 | $90,700 | $143,600 |
Source: Public Records
Map
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