Estimated Value: $212,000 - $285,000
2
Beds
2
Baths
1,100
Sq Ft
$220/Sq Ft
Est. Value
About This Home
This home is located at 1638 Reece Rd, Salem, VA 24153 and is currently estimated at $241,496, approximately $219 per square foot. 1638 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
Apr 6, 2023
Sold by
Weikle Harold E
Bought by
Weikle Pierce Ethridge
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
$108,872
Outstanding Balance
$106,189
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$135,307
Purchase Details
Closed on
Dec 18, 2012
Sold by
Clark Ethel I
Bought by
Weikle Harold E and Weikle Karen C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Weikle Pierce Ethridge | $135,000 | Performance Title | |
| Weikle Harold E | $80,500 | Fidelity National Title Insu |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Weikle Pierce Ethridge | $108,872 |
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 | $1,151 | $195,000 | $40,500 | $154,500 |
| 2024 | $1,086 | $181,000 | $37,300 | $143,700 |
| 2023 | $1,831 | $152,600 | $34,200 | $118,400 |
| 2022 | $1,692 | $141,000 | $31,700 | $109,300 |
| 2021 | $1,637 | $136,400 | $29,900 | $106,500 |
| 2020 | $1,606 | $133,800 | $29,900 | $103,900 |
| 2019 | $1,574 | $131,200 | $29,900 | $101,300 |
| 2018 | $1,407 | $119,200 | $29,900 | $89,300 |
| 2017 | $1,394 | $118,100 | $29,900 | $88,200 |
| 2016 | $1,394 | $118,100 | $29,900 | $88,200 |
| 2015 | $1,433 | $121,400 | $28,000 | $93,400 |
| 2014 | $1,433 | $121,400 | $28,000 | $93,400 |
Source: Public Records
Map
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