NOT LISTED FOR SALE

1502 W Main St Salem, VA 24153

Estimated Value: $1,270,638

Studio
2 Baths
13,728 Sq Ft
$93/Sq Ft Est. Value

About This Home

This home is located at 1502 W Main St, Salem, VA 24153 and is currently estimated at $1,270,638, approximately $92 per square foot. 1502 W Main St is a home located in Salem City with nearby schools including West Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2012
Sold by
Salem Service Corp
Bought by
Weikle Enterprises Llc
Current Estimated Value
$1,270,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,410,000
Outstanding Balance
$602,233
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$668,405
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Weikle Enterprises Llc $650,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weikle Enterprises Llc $1,410,000
Source: Public Records

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 $9,518 $1,613,300 $858,800 $754,500
2024 $9,028 $1,504,700 $826,000 $678,700
2023 $16,242 $1,353,500 $758,000 $595,500
2022 $14,635 $1,219,600 $710,300 $509,300
2021 $14,186 $1,182,200 $689,800 $492,400
2020 $13,778 $1,148,200 $655,800 $492,400
2019 $13,778 $1,148,200 $655,800 $492,400
2018 $13,549 $1,148,200 $655,800 $492,400
2017 $12,841 $1,088,200 $595,800 $492,400
2016 $12,631 $1,070,400 $578,000 $492,400
2015 $12,587 $1,070,400 $578,000 $492,400
2014 $12,587 $1,066,700 $578,000 $488,700
Source: Public Records

Map

Virginia Salem City County Salem 24153

1502 W Main St, Salem, VA

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