NOT LISTED FOR SALE

16 Chestnut St Salem, VA 24153

Estimated Value: $533,022

Studio
1 Bath
3,000 Sq Ft
$178/Sq Ft Est. Value

About This Home

This home is located at 16 Chestnut St, Salem, VA 24153 and is currently estimated at $533,022, approximately $177 per square foot. 16 Chestnut 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
Feb 16, 2023
Sold by
Bsmm Properties Llc
Bought by
Dpp Management Llc
Current Estimated Value
$533,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$346,659
Interest Rate
6.48%
Mortgage Type
Credit Line Revolving
Estimated Equity
$186,363

Purchase Details

Closed on
Jun 2, 2022
Sold by
Cnb Bank
Bought by
Bsmm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 10, 2022
Sold by
Cnb Bank
Bought by
Cnb Bank

Purchase Details

Closed on
Oct 14, 2021
Sold by
Declaration Laura
Bought by
Cnb Bank

Purchase Details

Closed on
May 14, 2019
Sold by
Decl Norris Laura T and Templeton Norris Jr Rev Decl W
Bought by
Declara Norris Laura T and Declara Laura Terry Norris Rev

Purchase Details

Closed on
Jul 3, 2014
Sold by
Norris William Templeton
Bought by
Norris W Templeton

Purchase Details

Closed on
Mar 10, 2006
Sold by
Lyons Barbara Ann Norris
Bought by
Norris William Templeton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,500
Interest Rate
6.26%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Value Increase
--
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Dpp Management Llc $450,000 Sage Title
Bsmm Properties Llc $220,000 Fidelity National Title
Cnb Bank -- None Listed On Document
Cnb Bank $775,000 Fidelity National Title
Declara Norris Laura T -- None Available
Norris W Templeton -- None Available
Norris William Templeton -- None Available
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 Dpp Management Llc $360,000
Previous Owner Bsmm Properties Llc $176,000
Previous Owner Norris William Templeton $153,500
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 $2,313 $392,100 $103,200 $288,900
2024 $2,206 $367,700 $99,100 $268,600
2023 $3,676 $306,300 $90,800 $215,500
2022 $3,118 $259,800 $85,000 $174,800
2021 $3,185 $265,400 $105,600 $159,800
2020 $3,186 $265,500 $105,600 $159,900
2019 $3,186 $265,500 $105,600 $159,900
2018 $2,787 $236,200 $105,600 $130,600
2017 $2,641 $223,800 $105,600 $118,200
2016 $2,641 $223,800 $105,600 $118,200
2015 $2,405 $203,800 $105,600 $98,200
2014 $2,405 $203,800 $105,600 $98,200
Source: Public Records

Map

Virginia Salem City County Salem 24153

16 Chestnut St, 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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