Estimated Value: $389,722
Studio
2
Baths
3,463
Sq Ft
$113/Sq Ft
Est. Value
About This Home
This home is located at 1111 E Main St, Salem, VA 24153 and is currently estimated at $389,722, approximately $112 per square foot. 1111 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
Aug 15, 2018
Sold by
Ran Properties Llc
Bought by
Melisc Holdings 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
$180,000
Outstanding Balance
$156,323
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$233,399
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 |
|---|---|---|---|
| Melisc Holdings Llc | $225,000 | Fidelity National Title Insu |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Melisc Holdings Llc | $180,000 |
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 | $2,205 | $373,700 | $209,600 | $164,100 |
| 2024 | $2,098 | $349,700 | $201,200 | $148,500 |
| 2023 | $3,859 | $321,600 | $184,400 | $137,200 |
| 2022 | $3,546 | $295,500 | $172,600 | $122,900 |
| 2021 | $3,335 | $277,900 | $167,600 | $110,300 |
| 2020 | $3,239 | $269,900 | $159,600 | $110,300 |
| 2019 | $3,239 | $269,900 | $159,600 | $110,300 |
| 2018 | $3,179 | $269,400 | $159,600 | $109,800 |
| 2017 | $2,906 | $246,300 | $136,500 | $109,800 |
| 2016 | $2,906 | $246,300 | $136,500 | $109,800 |
| 2015 | $2,906 | $246,300 | $136,500 | $109,800 |
| 2014 | $2,906 | $246,300 | $136,500 | $109,800 |
Source: Public Records
Map
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