NOT LISTED FOR SALE

1662 Reece Rd Salem, VA 24153

Estimated Value: $235,828 - $336,000

2 Beds
1 Bath
1,100 Sq Ft
$247/Sq Ft Est. Value

About This Home

This home is located at 1662 Reece Rd, Salem, VA 24153 and is currently estimated at $271,207, approximately $246 per square foot. 1662 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 29, 2025
Sold by
Restoration Turnkey Investments Llc
Bought by
Mcmillan Daniel E and Mcmillan Kate D
Current Estimated Value
$271,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,706
Outstanding Balance
$173,093
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$98,114

Purchase Details

Closed on
Nov 6, 2024
Sold by
Shockley Hazel E
Bought by
Restoration Turnkey 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
$151,500
Interest Rate
6.12%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Mcmillan Daniel E $253,706 First American Title
Restoration Turnkey Investments Llc $153,000 American Title
Restoration Turnkey Investments Llc $153,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmillan Daniel E $173,706
Previous Owner Restoration Turnkey Investments Llc $151,500
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 $1,007 $170,700 $37,200 $133,500
2024 $943 $157,200 $34,300 $122,900
2023 $1,657 $138,100 $31,500 $106,600
2022 $1,519 $126,600 $29,200 $97,400
2021 $1,472 $122,700 $27,500 $95,200
2020 $1,440 $120,000 $27,500 $92,500
2019 $1,408 $117,300 $27,500 $89,800
2018 $1,277 $108,200 $27,500 $80,700
2017 $1,263 $107,000 $27,500 $79,500
2016 $1,263 $107,000 $27,500 $79,500
2015 $1,317 $111,600 $27,500 $84,100
2014 $1,317 $111,600 $27,500 $84,100
Source: Public Records

Map

Virginia Salem City County Salem 24153

1662 Reece Rd, Salem, VA

Not Listed for Sale

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