NOT LISTED FOR SALE

2431 Ellison Ave Salem, VA 24153

Estimated Value: $224,000 - $267,000

3 Beds
1 Bath
1,265 Sq Ft
$196/Sq Ft Est. Value

About This Home

This home is located at 2431 Ellison Ave, Salem, VA 24153 and is currently estimated at $247,911, approximately $195 per square foot. 2431 Ellison Ave is a home located in Salem City with nearby schools including South Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2022
Sold by
Sef Properties Llc
Bought by
Wines Brook Marie
Current Estimated Value
$247,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,739
Outstanding Balance
$169,715
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$78,196

Purchase Details

Closed on
Dec 9, 2021
Sold by
Wimmer Robert W and Wimmer Roger W
Bought by
Sef Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2011
Sold by
Smith Christopher D and Perez Diana A
Bought by
Smith Rocky and Smith Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,451
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 2006
Sold by
Smith Don B and Smith Pauletta Ann
Bought by
Smith Christopher D and Perez Diana A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.23%
Mortgage Type
New Conventional
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
Wines Brook Marie $180,000 Fidelity National Title
Sef Properties Llc $111,435 None Available
Smith Rocky $140,000 Fidelity National Title Ins
Smith Christopher D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wines Brook Marie $176,739
Previous Owner Sef Properties Llc $113,000
Previous Owner Smith Rocky $141,412
Previous Owner Smith Rocky $136,451
Previous Owner Smith Christopher D $101,500
Previous Owner Smith Christopher D $80,000
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
2024 $1,205 $200,800 $40,100 $160,700
2023 $2,159 $179,900 $37,400 $142,500
2022 $1,770 $147,500 $32,100 $115,400
2021 $1,643 $136,900 $28,900 $108,000
2020 $1,590 $132,500 $28,900 $103,600
2019 $1,433 $119,400 $28,900 $90,500
2018 $1,396 $118,300 $28,900 $89,400
2017 $1,383 $117,200 $28,900 $88,300
2016 $1,389 $117,700 $28,900 $88,800
2015 $1,338 $113,400 $27,000 $86,400
2014 $1,338 $113,400 $27,000 $86,400
Source: Public Records

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