NOT LISTED FOR SALE

2280 Salem Industrial Dr Salem, VA 24153

Estimated Value: $4,062,960

-- Bed
-- Bath
47,563 Sq Ft
$85/Sq Ft Est. Value

About This Home

This home is located at 2280 Salem Industrial Dr, Salem, VA 24153 and is currently estimated at $4,062,960, approximately $85 per square foot. 2280 Salem Industrial Dr 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
Apr 12, 2023
Sold by
Three W Corp
Bought by
2280 Salem Industrial Llc
Current Estimated Value
$4,062,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,850,000
Outstanding Balance
$2,772,658
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$1,290,302
Source: Public Records

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
2280 Salem Industrial Llc $3,500,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2280 Salem Industrial Llc $2,850,000
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 $13,402 $2,271,500 $352,200 $1,919,300
2024 $11,419 $1,903,100 $334,600 $1,568,500
2023 $22,232 $1,852,700 $317,000 $1,535,700
2022 $18,282 $1,523,500 $274,200 $1,249,300
2021 $16,710 $1,392,500 $264,400 $1,128,100
2020 $16,513 $1,376,100 $248,000 $1,128,100
2019 $15,716 $1,309,700 $248,000 $1,061,700
2018 $15,454 $1,309,700 $248,000 $1,061,700
2017 $15,189 $1,287,200 $225,500 $1,061,700
2016 $14,715 $1,247,000 $221,900 $1,025,100
2015 $14,715 $1,247,000 $221,900 $1,025,100
2014 $14,715 $1,247,000 $221,900 $1,025,100
Source: Public Records

Map

Virginia Salem City County Salem 24153

2280 Salem Industrial Dr, Salem, VA

This home is located at 2280 Salem Industrial Dr, Salem, VA 24153 and is currently estimated at $4,062,960, approximately $85 per square foot. 2280 Salem Industrial Dr is a home located in Salem City with nearby schools including West Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

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