NOT LISTED FOR SALE

414 Front Ave Salem, VA 24153

Estimated Value: $141,000 - $174,700

2 Beds
1 Bath
910 Sq Ft
$179/Sq Ft Est. Value

About This Home

This home is located at 414 Front Ave, Salem, VA 24153 and is currently estimated at $162,675, approximately $178 per square foot. 414 Front 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
Dec 27, 2023
Sold by
Kosmann Sean and Kosmann Jessica
Bought by
Brick By Brick Investments Llc
Current Estimated Value
$161,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$905,000
Outstanding Balance
$894,349
Interest Rate
7.44%
Mortgage Type
Seller Take Back
Estimated Equity
-$731,674

Purchase Details

Closed on
May 1, 2022
Sold by
Welcome Home Properties Va Llc
Bought by
Kosmann Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2010
Sold by
Clark Jonathan and Clark Christine
Bought by
Welcome Home Properties Va Llc

Purchase Details

Closed on
Jun 3, 2009
Sold by
Us Bank National Assn
Bought by
Clark Jonathan and Clark Christine

Purchase Details

Closed on
Nov 25, 2008
Sold by
Bannick Kari B and Smith Dennis
Bought by
Us Bank Nationa Assn
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
Brick By Brick Investments Llc $785,000 Investors Title
Kosmann Sean $525,000 Fidelity National Title
Kosmann Sean $525,000 Fidelity National Title
Welcome Home Properties Va Llc -- None Available
Clark Jonathan $65,000 None Available
Us Bank Nationa Assn $96,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brick By Brick Investments Llc $905,000
Open Brick By Brick Investments Llc $1,450,000
Previous Owner Kosmann Sean $549,000
Previous Owner Bannick Kari B $9,500
Previous Owner Bannick Kart B $109,813
Previous Owner Bannick Kari B $4,992
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 $781 $130,200 $31,400 $98,800
2023 $1,417 $118,100 $29,000 $89,100
2022 $1,260 $105,000 $25,100 $79,900
2021 $1,169 $97,400 $23,900 $73,500
2020 $1,148 $95,700 $23,900 $71,800
2019 $1,074 $89,500 $23,900 $65,600
2018 $1,036 $87,800 $23,900 $63,900
2017 $1,027 $87,000 $23,900 $63,100
2016 $1,135 $96,200 $23,900 $72,300
2015 $1,159 $98,200 $24,100 $74,100
2014 $1,159 $98,200 $24,100 $74,100
Source: Public Records

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