NOT LISTED FOR SALE

1627 Midland Rd Salem, VA 24153

Estimated Value: $207,705 - $219,000

2 Beds
2 Baths
970 Sq Ft
$222/Sq Ft Est. Value

About This Home

This home is located at 1627 Midland Rd, Salem, VA 24153 and is currently estimated at $214,926, approximately $221 per square foot. 1627 Midland Rd 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
Mar 24, 2023
Sold by
Thomas Bradley Victor
Bought by
Grady William D
Current Estimated Value
$214,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Outstanding Balance
$174,071
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$40,855

Purchase Details

Closed on
Mar 2, 2023
Sold by
Us Bank Trust National Association
Bought by
Thomas Bradley Victor and Spradlin Shane William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Outstanding Balance
$174,071
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$40,855

Purchase Details

Closed on
Oct 13, 2022
Sold by
Equity Trustees Llc
Bought by
Vrmtg Asset Trust

Purchase Details

Closed on
Sep 29, 2008
Sold by
Barker Jennifer
Bought by
Roark Brian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 20, 2007
Sold by
Whisman Via Properties Llc
Bought by
Barker Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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
Grady William D $179,000 Priority Title
Thomas Bradley Victor $133,876 Fidelity National Title
Vrmtg Asset Trust $107,163 --
Roark Brian L $123,750 Lawyers Title
Barker Jennifer -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grady William D $179,000
Previous Owner Roark Brian L $96,100
Previous Owner Roark Brian L $42,000
Previous Owner Roark Brian L $99,000
Previous Owner Barker Jennifer $59,500
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 $1,041 $176,400 $40,600 $135,800
2024 $975 $162,500 $37,500 $125,000
2023 $1,759 $146,600 $34,400 $112,200
2022 $1,595 $132,900 $25,000 $107,900
2021 $1,489 $124,100 $21,900 $102,200
2020 $1,463 $121,900 $21,900 $100,000
2019 $1,404 $117,000 $21,900 $95,100
2018 $1,355 $114,800 $21,900 $92,900
2017 $1,355 $114,800 $21,900 $92,900
2016 $1,355 $114,800 $21,900 $92,900
2015 $1,328 $112,500 $18,000 $94,500
2014 $1,328 $112,500 $18,000 $94,500
Source: Public Records

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