NOT LISTED FOR SALE

201 Electric Rd Salem, VA 24153

Estimated Value: $4,233,685

Studio
2 Baths
7,980 Sq Ft
$531/Sq Ft Est. Value

About This Home

This home is located at 201 Electric Rd, Salem, VA 24153 and is currently estimated at $4,233,685, approximately $530 per square foot. 201 Electric 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
Feb 4, 2014
Sold by
Ss Salem Llc
Bought by
Mmc Charlotte Llc
Current Estimated Value
$4,233,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2009
Sold by
Viamac Inc
Bought by
Ss Salem Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
5.01%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
Collateral Analytics

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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

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Quantarium

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Mmc Charlotte Llc $2,300,000 Century Title Services Inc
Ss Salem Llc $924,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed Mmc Charlotte Llc $1,300,000
Previous Owner Ss Salem Llc $1,550,000
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 $9,080 $1,538,900 $691,200 $847,700
2024 $9,069 $1,511,500 $662,900 $848,600
2023 $17,633 $1,469,400 $600,800 $868,600
2022 $16,968 $1,414,000 $557,600 $856,400
2021 $16,744 $1,395,300 $538,900 $856,400
2020 $16,744 $1,395,300 $538,900 $856,400
2019 $16,025 $1,335,400 $479,000 $856,400
2018 $12,227 $1,036,200 $479,000 $557,200
2017 $11,831 $1,002,600 $445,400 $557,200
2016 $11,831 $1,002,600 $445,400 $557,200
2015 $11,831 $1,002,600 $445,400 $557,200
2014 $11,831 $1,002,600 $445,400 $557,200
Source: Public Records

Map

Virginia Salem City County Salem 24153

201 Electric Rd, Salem, VA

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