NOT LISTED FOR SALE

311 E 7th St Salem, VA 24153

Estimated Value: $338,726

Studio
2 Baths
1,591 Sq Ft
$213/Sq Ft Est. Value

About This Home

This home is located at 311 E 7th St, Salem, VA 24153 and is currently estimated at $338,726, approximately $212 per square foot. 311 E 7th St is a home located in Salem City with nearby schools including G.W. Carver Elementary School, Andrew Lewis Middle School, and Salem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2025
Sold by
Gustos Pizza Salem Llc
Bought by
Gusto Pizza Llc
Current Estimated Value
$338,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Outstanding Balance
$271,249
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$67,477

Purchase Details

Closed on
Aug 14, 2025
Sold by
One Brother And Two Sisters Llc
Bought by
Gustos Pizza Salem Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 18, 2016
Sold by
Martinez Geronimo and Hernandez Marily
Bought by
One Brother And Two Sisters Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.42%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

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
Gusto Pizza Llc $340,000 First American Title
Gustos Pizza Salem Llc $340,000 None Listed On Document
One Brother And Two Sisters Llc $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gusto Pizza Llc $272,000
Previous Owner Gustos Pizza Salem Llc $272,000
Previous Owner One Brother And Two Sisters Llc $140,000
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 $1,058 $179,400 $42,300 $137,100
2024 $1,007 $167,800 $40,800 $127,000
2023 $1,985 $165,400 $40,800 $124,600
2022 $1,724 $143,700 $36,100 $107,600
2021 $1,564 $130,300 $35,300 $95,000
2020 $1,469 $122,400 $35,300 $87,100
2019 $1,469 $122,400 $35,300 $87,100
2018 $1,444 $122,400 $35,300 $87,100
2017 $1,330 $112,700 $35,300 $77,400
2016 $1,315 $111,400 $34,000 $77,400
2015 $747 $111,400 $34,000 $77,400
2014 $747 $111,400 $34,000 $77,400
Source: Public Records

Map

Virginia Salem City County Salem 24153

311 E 7th St, Salem, VA

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