NOT LISTED FOR SALE

1416 Orchard Dr Salem, VA 24153

Salem Area

Estimated Value: $222,000 - $296,000

3 Beds
2 Baths
1,840 Sq Ft
$140/Sq Ft Est. Value

Sale Details

Date Sold: November 8, 2024

Last sale price $220,000 $120 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,502 / mo

About This Home

This 3-bedroom, 2-bathroom brick ranch is nestled in beautiful Salem City and offers comfortable living in a prime location. The entry level boasts a spacious living room, kitchen with new appliances, dining room, two bedrooms, and a bright sunroom. The fully finished basement provides even more living space, including a third bedroom or office, a rec. room or den, and plenty of storage options. Outside, you'll love the expansive, level yard--ideal for gardening and outdoor gatherings. Plus, the home is within walking distance to the nearby greenway, offering easy access to beautiful walking trails and outdoor activities.

Range of Values:

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Value Increase
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Percent Increase
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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

Listed on
Oct 4, 2024
Closed on
Oct 28, 2024
Sold by
Bought by
Seller's Agent
Callie Dalton
LONG & FOSTER - OAK GROVE
Buyer's Agent
Brad Thomas
MOUNTAIN VIEW REAL ESTATE LLC
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Views
25
Current Estimated Value
$258,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,033
Avg. Annual Appreciation
9.66%
Original Mortgage
$187,000
Interest Rate
6.08%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 24, 2021
Sold by
Bought by
Seller's Agent
Sean Reiman
EDWIN C HALL ASSOCIATES INC
Buyer's Agent
Stacey Porter
REAL BROKER LLC - MCLEAN
List Price
$149,000
Sold Price
$149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.99%

Purchase Details

Closed on
Jun 3, 2008
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
$6,300
Interest Rate
6%
Mortgage Type
Stand Alone Second
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

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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
$220,000 Priority Title
$149,000 Performance Title & Setmnts
$143,950 First American Title Insuran
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
Closed $187,000
Previous Owner $125,894
Previous Owner $6,300
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2024 11/08/24 Sold $220,000 -2.2% $120 / Sq Ft View Prior Sale
10/07/2024 10/07/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $225,000 +51.0% $122 / Sq Ft
06/01/2021 06/01/21 Sold $149,000 0.0% $81 / Sq Ft View Prior Sale
04/27/2021 04/27/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $149,000 -- $81 / Sq Ft

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 $1,005 $170,400 $28,400 $142,000
2024 $952 $158,700 $27,100 $131,600
2023 $1,704 $142,000 $25,000 $117,000
2022 $1,540 $128,300 $21,700 $106,600
2021 $1,447 $120,600 $20,600 $100,000
2020 $1,417 $118,100 $20,600 $97,500
2019 $1,360 $113,300 $20,600 $92,700
2018 $1,324 $112,200 $20,600 $91,600
2017 $1,346 $114,100 $27,500 $86,600
2016 $1,346 $114,100 $27,500 $86,600
2015 $1,387 $117,500 $25,000 $92,500
2014 $1,387 $117,500 $25,000 $92,500
Source: Public Records

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