NOT LISTED FOR SALE

2506 Millwheel Ln Salem, VA 24153

Estimated Value: $508,000 - $530,000

4 Beds
4 Baths
2,254 Sq Ft
$230/Sq Ft Est. Value

About This Home

This home is located at 2506 Millwheel Ln, Salem, VA 24153 and is currently estimated at $517,518, approximately $229 per square foot. 2506 Millwheel Ln 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
May 21, 2021
Sold by
Bowen Robert A and Bowen Robin S
Bought by
M Fischer and Fischer Laura M
Current Estimated Value
$517,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,650
Outstanding Balance
$330,678
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$186,840

Purchase Details

Closed on
Jun 28, 2007
Sold by
Russlen Farms Development Llc
Bought by
Bowen Robert A and Bowen Robin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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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Purchase History

Date Buyer Sale Price Title Company
M Fischer $387,000 Acquisition Title
M Fischer $387,000 Acquisition Title
Bowen Robert A $320,097 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M Fischer $367,650
Closed M Fischer $367,650
Previous Owner Bowen Robert A $256,000
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 $4,614 $448,000 $69,000 $379,000
2024 $4,388 $421,900 $69,000 $352,900
2023 $4,136 $390,200 $64,000 $326,200
2022 $3,786 $347,300 $62,000 $285,300
2021 $3,262 $299,300 $58,000 $241,300
2020 $3,206 $294,100 $58,000 $236,100
2019 $3,091 $283,600 $58,000 $225,600
2018 $3,005 $278,300 $58,000 $220,300
2017 $3,005 $275,700 $58,000 $217,700
2016 $3,004 $275,600 $58,000 $217,600
2015 $3,002 $275,400 $58,000 $217,400
2014 $3,000 $275,200 $58,000 $217,200
Source: Public Records

Map

Virginia Roanoke County Salem 24153

2506 Millwheel Ln, Salem, VA

Not Listed for Sale

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