Estimated Value: $265,000 - $285,388
3
Beds
2
Baths
1,798
Sq Ft
$155/Sq Ft
Est. Value
About This Home
This home is located at 114 Electric Rd, Salem, VA 24153 and is currently estimated at $278,097, approximately $154 per square foot. 114 Electric Rd is a home located in Salem City with nearby schools including East Salem Elementary School, Andrew Lewis Middle School, and Salem High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 30, 2006
Sold by
Lane Sanders L
Bought by
Myers Thomas Troy
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
$135,900
Outstanding Balance
$83,595
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$194,502
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Myers Thomas Troy | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Myers Thomas Troy | $135,900 |
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 | $1,189 | $201,500 | $38,100 | $163,400 |
| 2024 | $1,124 | $187,400 | $36,700 | $150,700 |
| 2023 | $2,053 | $171,100 | $34,400 | $136,700 |
| 2022 | $1,541 | $128,400 | $28,600 | $99,800 |
| 2021 | $1,464 | $122,000 | $27,300 | $94,700 |
| 2020 | $1,435 | $119,600 | $27,300 | $92,300 |
| 2019 | $1,408 | $117,300 | $27,300 | $90,000 |
| 2018 | $1,371 | $116,200 | $27,300 | $88,900 |
| 2017 | $1,358 | $115,100 | $27,300 | $87,800 |
| 2016 | $1,361 | $115,300 | $27,300 | $88,000 |
| 2015 | $1,477 | $125,200 | $81,900 | $43,300 |
| 2014 | $1,477 | $125,200 | $81,900 | $43,300 |
Source: Public Records
Map
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