Estimated Value: $1,845,393
Studio
3
Baths
9,996
Sq Ft
$185/Sq Ft
Est. Value
About This Home
This home is located at 2025 W Main St, Salem, VA 24153 and is currently estimated at $1,845,393, approximately $184 per square foot. 2025 W Main St is a home located in Salem City with nearby schools including West Salem Elementary School, Andrew Lewis Middle School, and Salem High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 20, 2016
Sold by
Riggs Management Llc
Bought by
Carina Inc
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
$147,900
Outstanding Balance
$117,705
Interest Rate
3.98%
Mortgage Type
Commercial
Estimated Equity
$1,727,688
Purchase Details
Closed on
Sep 2, 2008
Sold by
Riganti Rocco
Bought by
Riggs Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
6.5%
Mortgage Type
Credit Line Revolving
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carina Inc | $984,000 | Fidelity National Title Ins | |
| Riggs Management Llc | -- | Lawyers Title Insurance Corp | |
| Riganti Rocco | -- | Lawyers Title Insurance Corp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carina Inc | $147,900 | |
| Previous Owner | Riganti Rocco | $940,000 |
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 | $7,520 | $1,274,600 | $621,000 | $653,600 |
| 2024 | $7,295 | $1,215,900 | $595,600 | $620,300 |
| 2023 | $12,566 | $1,047,200 | $540,200 | $507,000 |
| 2022 | $11,806 | $983,800 | $501,500 | $482,300 |
| 2021 | $11,470 | $955,800 | $484,900 | $470,900 |
| 2020 | $11,137 | $928,100 | $457,200 | $470,900 |
| 2019 | $11,137 | $928,100 | $457,200 | $470,900 |
| 2018 | $10,952 | $928,100 | $457,200 | $470,900 |
| 2017 | $10,468 | $887,100 | $416,200 | $470,900 |
| 2016 | $9,952 | $843,400 | $398,600 | $444,800 |
| 2015 | $9,952 | $843,400 | $398,600 | $444,800 |
| 2014 | $9,952 | $843,400 | $398,600 | $444,800 |
Source: Public Records
Map
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