NOT LISTED FOR SALE

141 Electric Rd Salem, VA 24153

Salem Area

Estimated Value: $17,566,494

Studio
-- Bath
55,503 Sq Ft
$316/Sq Ft Est. Value

About This Home

This home is located at 141 Electric Rd, Salem, VA 24153 and is currently estimated at $17,566,494, approximately $316 per square foot. 141 Electric Rd is a home located in Salem City with nearby schools including G.W. Carver Elementary School, Andrew Lewis Middle School, and Salem High School.

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2010
Sold by
Bought by
Current Estimated Value
$17,566,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,125,000
Outstanding Balance
$3,891,993
Interest Rate
4.17%
Mortgage Type
Commercial
Estimated Equity
$13,674,501

Purchase Details

Closed on
May 29, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,440,000
Interest Rate
4.82%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Salem, VA

  • Judy Hillman Real Estate Agent - LONG & FOSTER - ROANOKE OFFICE

    Judy Hillman

    LONG & FOSTER - ROANOKE OFFICE

    (540) 900-2923

    117 Total Sales

    3 in Salem

    $235K - $330K Price Range

    Judy Hillman
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  • Stephanie Varney Real Estate Agent - VARNEY REALTY PARTNERS

    Stephanie Varney

    VARNEY REALTY PARTNERS

    (540) 613-5683

    98 Total Sales

    6 in Salem

    $46K - $235K Price Range

    Stephanie Varney
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  • Jarrod Hines Real Estate Agent - REAL BROKER LLC - MCLEAN

    Jarrod Hines

    REAL BROKER LLC - MCLEAN

    (540) 831-3727

    107 Total Sales

    3 in Salem

    $160K - $333K Price Range

    Jarrod Hines
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  • Tim Thompson Real Estate Agent - MKB, Roanoke

    Tim Thompson

    Responds Quickly

    MKB, Roanoke

    (540) 900-3294

    128 Total Sales

    9 in Salem

    $163K - $503K Price Range

    Tim Thompson
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  • Brenda Bratt Real Estate Agent - WAINWRIGHT & CO., REALTORS(r)- LAKE

    Brenda Bratt

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 590-5011

    231 Total Sales

    3 in Salem

    $220K - $495K Price Range

    Brenda Bratt
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  • Tammy Shepherd Real Estate Agent - SHEPHERD REALTY GROUP

    Tammy Shepherd

    SHEPHERD REALTY GROUP

    (540) 666-6265

    254 Total Sales

    9 in Salem

    $150K - $572K Price Range

    Tammy Shepherd
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$8,750,000 None Available
$6,800,000 Tennesee Valley Title Insura
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $6,125,000
Previous Owner $5,440,000
Previous Owner $38,261,354
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $53,679 $9,098,100 $2,669,900 $6,428,200
2024 $47,755 $7,959,200 $2,409,800 $5,549,400
2023 $91,139 $7,594,900 $2,010,800 $5,584,100
2022 $86,671 $7,222,600 $1,731,400 $5,491,200
2021 $84,593 $7,049,400 $1,611,800 $5,437,600
2020 $85,164 $7,097,000 $1,611,800 $5,485,200
2019 $85,164 $7,097,000 $1,611,800 $5,485,200
2018 $83,745 $7,097,000 $1,611,800 $5,485,200
2017 $83,024 $7,035,900 $1,550,700 $5,485,200
2016 $83,024 $7,035,900 $1,550,700 $5,485,200
2015 $80,559 $6,827,000 $1,550,700 $5,276,300
2014 $80,559 $6,827,000 $1,550,700 $5,276,300
Source: Public Records

Map

Virginia Salem City County Salem 24153

141 Electric Rd, Salem, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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