Estimated Value: $277,000 - $284,000
4
Beds
2
Baths
925
Sq Ft
$304/Sq Ft
Est. Value
About This Home
This home is located at 2542 Ellison Ave, Salem, VA 24153 and is currently estimated at $281,123, approximately $303 per square foot. 2542 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
Jun 21, 2021
Sold by
Mcpeak Roger W and Mcpeak Karen U
Bought by
Hughes James Adam
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
$214,051
Outstanding Balance
$194,218
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$86,905
Purchase Details
Closed on
Oct 13, 2020
Sold by
Frost Pamela and Estate Of Patricia S Guilds
Bought by
Mcpeak Roger W and Mcpeak Karen U
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Hughes James Adam | $218,000 | Investors Title Insurance Co | |
Mcpeak Roger W | $36,749 | Fidelity National Title |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Hughes James Adam | $214,051 | |
Previous Owner | Guilds Patricia S | $49,620 |
Source: Public Records
Tax History Compared to Growth
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 | $1,327 | $224,900 | $40,000 | $184,900 |
2024 | $1,264 | $210,600 | $39,000 | $171,600 |
2023 | $2,288 | $190,700 | $36,400 | $154,300 |
2022 | $2,092 | $174,300 | $31,200 | $143,100 |
2021 | $1,416 | $118,000 | $28,100 | $89,900 |
2020 | $1,372 | $114,300 | $28,100 | $86,200 |
2019 | $1,315 | $109,600 | $28,100 | $81,500 |
2018 | $1,283 | $108,700 | $28,100 | $80,600 |
2017 | $1,271 | $107,700 | $28,100 | $79,600 |
2016 | $812 | $107,000 | $28,100 | $78,900 |
2015 | $812 | $104,700 | $27,000 | $77,700 |
2014 | $812 | $104,700 | $27,000 | $77,700 |
Source: Public Records
Map
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