Estimated Value: $218,592 - $281,000
2
Beds
1
Bath
1,000
Sq Ft
$253/Sq Ft
Est. Value
About This Home
This home is located at 1603 Alberta Dr, Salem, VA 24153 and is currently estimated at $253,398, approximately $253 per square foot. 1603 Alberta Dr 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
Sep 21, 2021
Sold by
Cosmo Holdings Llc
Bought by
First Community Bank
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Outstanding Balance
$208,828
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$44,570
Purchase Details
Closed on
May 3, 2021
Sold by
Patterson Carmen and Estate Of Roxie Ann Phelps
Bought by
Cosmo Holdings Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| First Community Bank | $229,500 | Priority Title | |
| Cosmo Holdings Llc | $65,000 | Fidelity National Ttl Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | First Community Bank | $229,500 |
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 | $1,102 | $186,700 | $34,100 | $152,600 |
| 2024 | $1,034 | $172,400 | $33,200 | $139,200 |
| 2023 | $1,854 | $154,500 | $31,000 | $123,500 |
| 2022 | $1,679 | $139,900 | $27,900 | $112,000 |
| 2021 | $1,176 | $98,000 | $27,000 | $71,000 |
| 2020 | $1,156 | $96,300 | $27,000 | $69,300 |
| 2019 | $1,103 | $91,900 | $27,000 | $64,900 |
| 2018 | $1,284 | $108,800 | $27,000 | $81,800 |
| 2017 | $1,271 | $107,700 | $27,000 | $80,700 |
| 2016 | $627 | $107,700 | $27,000 | $80,700 |
| 2015 | $627 | $101,100 | $27,000 | $74,100 |
| 2014 | $627 | $101,100 | $27,000 | $74,100 |
Source: Public Records
Map
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