1201 Salem Ave SW Roanoke, VA 24016
Hurt Park Neighborhood
--
Bed
--
Bath
17,835
Sq Ft
0.57
Acres
About This Home
This home is located at 1201 Salem Ave SW, Roanoke, VA 24016. 1201 Salem Ave SW is a home located in Roanoke City with nearby schools including Hurt Park Elementary School, James Madison Middle School, and Patrick Henry High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 6, 2010
Sold by
T& W Asset Management Inc
Bought by
Frake Lewis and Frake Charlotte
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$33,598
Interest Rate
4.79%
Mortgage Type
Commercial
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 |
---|---|---|---|
Frake Lewis | $500,000 | Fidelity National Title Insu |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Frake Lewis | $50,000 | |
Previous Owner | Southwest Sales Inc | $290,000 | |
Previous Owner | Southwest Sales Inc | $153,300 |
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 |
---|---|---|---|---|
2024 | $4,793 | $314,400 | $50,000 | $264,400 |
2023 | $4,793 | $286,100 | $50,000 | $236,100 |
2022 | $3,951 | $259,900 | $45,300 | $214,600 |
2021 | $3,814 | $255,900 | $41,300 | $214,600 |
2020 | $3,795 | $255,900 | $41,300 | $214,600 |
2019 | $3,672 | $247,600 | $41,300 | $206,300 |
2018 | $3,580 | $240,000 | $41,300 | $198,700 |
2017 | $3,356 | $233,500 | $38,600 | $194,900 |
2016 | $3,333 | $231,600 | $38,600 | $193,000 |
2015 | $2,586 | $217,300 | $38,600 | $178,700 |
2014 | $2,586 | $217,300 | $38,600 | $178,700 |
Source: Public Records
Map
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