NOT LISTED FOR SALE

1690 Red Lane Extension Salem, VA 24153

Estimated Value: $329,434 - $395,000

3 Beds
2 Baths
1,120 Sq Ft
$313/Sq Ft Est. Value

About This Home

This home is located at 1690 Red Lane Extension, Salem, VA 24153 and is currently estimated at $350,609, approximately $313 per square foot. 1690 Red Lane Extension is a home located in Roanoke County with nearby schools including Fort Lewis Elementary School, Glenvar Middle School, and Glenvar High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2011
Sold by
Fralin Companies Inc
Bought by
Maxey Derek E and Maxey Amy Lynn
Current Estimated Value
$350,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,259
Outstanding Balance
$127,398
Interest Rate
4.09%
Mortgage Type
FHA
Estimated Equity
$223,211

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
Maxey Derek E $187,000 First American Title Ins
Fralin Companies Inc $30,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maxey Derek E $182,259
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
2024 $2,597 $249,700 $48,000 $201,700
2023 $2,465 $232,500 $46,000 $186,500
2022 $2,421 $222,100 $46,000 $176,100
2021 $2,160 $198,200 $41,000 $157,200
2020 $2,009 $184,300 $37,000 $147,300
2019 $2,060 $189,000 $40,000 $149,000
2018 $2,023 $185,500 $40,000 $145,500
2017 $2,023 $185,600 $40,000 $145,600
2016 $1,939 $177,900 $39,000 $138,900
2015 $1,911 $175,300 $38,000 $137,300
2014 $1,909 $175,100 $38,000 $137,100
Source: Public Records

Map

Virginia Roanoke County Salem 24153

1690 Red Lane Extension, Salem, VA

Homes for Sale in Salem, VA

This home is located at 1690 Red Lane Extension, Salem, VA 24153 and is currently estimated at $350,609, approximately $313 per square foot. 1690 Red Lane Extension is a home located in Roanoke County with nearby schools including Fort Lewis Elementary School, Glenvar Middle School, and Glenvar High School.

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