Estimated Value: $172,000 - $245,000
3
Beds
2
Baths
875
Sq Ft
$249/Sq Ft
Est. Value
About This Home
This home is located at 1627 Reece Rd, Salem, VA 24153 and is currently estimated at $218,151, approximately $249 per square foot. 1627 Reece Rd is a home located in Salem City with nearby schools including G.W. Carver Elementary School, Andrew Lewis Middle School, and Salem High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 12, 2020
Sold by
Maiden Joy
Bought by
Moffit Gay C
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
$48,500
Outstanding Balance
$35,032
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$183,119
Purchase Details
Closed on
Apr 22, 2008
Sold by
Moffit Carroll M and Moffit Betty Dean
Bought by
Moffit Gay and Maiden Joy
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moffit Gay C | $25,000 | Fidelity National Title | |
| Moffit Gay | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moffit Gay C | $48,500 |
Source: Public Records
Tax History Compared to Growth
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 | $947 | $160,500 | $37,200 | $123,300 |
| 2024 | $886 | $147,600 | $34,300 | $113,300 |
| 2023 | $1,596 | $133,000 | $31,500 | $101,500 |
| 2022 | $1,466 | $122,200 | $29,200 | $93,000 |
| 2021 | $1,397 | $116,400 | $27,500 | $88,900 |
| 2020 | $1,374 | $114,500 | $27,500 | $87,000 |
| 2019 | $1,318 | $109,800 | $27,500 | $82,300 |
| 2018 | $1,199 | $101,600 | $27,500 | $74,100 |
| 2017 | $1,189 | $100,800 | $27,500 | $73,300 |
| 2016 | $1,189 | $100,800 | $27,500 | $73,300 |
| 2015 | $608 | $103,000 | $27,500 | $75,500 |
| 2014 | $608 | $103,000 | $27,500 | $75,500 |
Source: Public Records
Map
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