NOT LISTED FOR SALE

1601 Lynchburg Turnpike Salem, VA 24153

-- Bed
-- Bath
5,264 Sq Ft
1.06 Acres

About This Home

This home is located at 1601 Lynchburg Turnpike, Salem, VA 24153. 1601 Lynchburg Turnpike is a home located in Salem City with nearby schools including East Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2018
Sold by
Lynchburg Turnpik Llc
Bought by
Poor Mountain Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,032
Outstanding Balance
$326,376
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 16, 2007
Sold by
Ives Linda Thornhill and Thornhill Edward Nelson
Bought by
Lynchburg Turnpike Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,500
Interest Rate
6.24%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Poor Mountain Investments Llc -- Virginia Title Center Llc
Lynchburg Turnpike Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poor Mountain Investments Llc $160,000
Open Poor Mountain Investments Llc $375,032
Previous Owner Lynchburg Turnpike Llc $263,500
Source: Public Records

Tax History Compared to Growth

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 $2,950 $500,000 $114,300 $385,700
2024 $2,615 $435,900 $112,100 $323,800
2023 $4,675 $389,600 $116,700 $272,900
2022 $4,256 $354,700 $103,300 $251,400
2021 $3,878 $323,200 $100,200 $223,000
2020 $3,878 $323,200 $100,200 $223,000
2019 $3,601 $300,100 $100,200 $199,900
2018 $3,541 $300,100 $100,200 $199,900
2017 $3,339 $283,000 $83,100 $199,900
2016 $3,339 $283,000 $83,100 $199,900
2015 $3,339 $283,000 $83,100 $199,900
2014 $3,339 $283,000 $83,100 $199,900
Source: Public Records

Map

Virginia Salem City County Salem 24153

1601 Lynchburg Turnpike, Salem, VA

This home is located at 1601 Lynchburg Turnpike, Salem, VA 24153. 1601 Lynchburg Turnpike is a home located in Salem City with nearby schools including East Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

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