Estimated Value: $222,211 - $247,000
2
Beds
2
Baths
1,189
Sq Ft
$195/Sq Ft
Est. Value
About This Home
This home is located at 505 W Main St Unit H, Salem, VA 24153 and is currently estimated at $232,053, approximately $195 per square foot. 505 W Main St Unit H is a home located in Salem City with nearby schools including West Salem Elementary School, Andrew Lewis Middle School, and Salem High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 3, 2022
Sold by
Schultz Norman T and Schultz Karen K
Bought by
Frye Donald E and Frye Patricia M
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
$205,500
Outstanding Balance
$196,136
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$35,917
Purchase Details
Closed on
Oct 19, 2021
Sold by
Platter Phyllis R
Bought by
Schultz Norman T and Schultz Karen K
Purchase Details
Closed on
Nov 19, 2014
Sold by
Adams Henry W
Bought by
Platter Henry N and Platter Phyllis R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Frye Donald E | $205,500 | Fidelity National Title | |
| Schultz Norman T | $170,000 | Accommodation | |
| Platter Henry N | $115,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Frye Donald E | $205,500 |
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 | $1,037 | $175,800 | $30,000 | $145,800 |
| 2024 | $1,004 | $167,300 | $25,000 | $142,300 |
| 2023 | $1,688 | $140,700 | $0 | $140,700 |
| 2022 | $1,476 | $123,000 | $0 | $123,000 |
| 2021 | $1,408 | $117,300 | $0 | $117,300 |
| 2020 | $1,416 | $118,000 | $0 | $118,000 |
| 2019 | $1,416 | $118,000 | $0 | $118,000 |
| 2018 | $1,392 | $118,000 | $0 | $118,000 |
| 2017 | $1,392 | $118,000 | $0 | $118,000 |
| 2016 | $1,392 | $118,000 | $0 | $118,000 |
| 2015 | $856 | $114,200 | $14,000 | $100,200 |
| 2014 | $856 | $114,200 | $14,000 | $100,200 |
Source: Public Records
Map
Nearby Homes
- 216 Wilson St
- 304 W Burwell St
- 234 Wilson St
- 215 Chestnut St
- 312 Cypress St
- 113 W 1st St Unit 117
- 219 Academy St
- 311 Union St
- 202 N Bruffey St
- 919 Logan St
- 600 Academy St
- 519 N Bruffey St
- 501 Mount Vernon Ave
- 906 Front Ave
- 824 Pendleton Dr
- 38 Corbett St
- 0 Quail Ln
- 1504 Eddy Ave
- 1608 Eddy Ave
- 964 Hill Ave
- 505 W Main St Unit G
- 505 W Main St Unit F
- 505 W Main St Unit 505E
- 505 W Main St Unit D
- 505 W Main St Unit C
- 505 W Main St Unit A
- 505 W Main St Unit 505 C
- 505 W Main St Unit 505B
- 505 W Main St Unit 505D
- 505 W Main St Unit 505G
- 505 W Main St Unit 505A
- 505 W Main St
- 505 W Main St Unit 505H
- 601 W Main St
- 503 W Main St Unit G
- 503 W Main St Unit F
- 503 W Main St Unit 503E
- 503 W Main St Unit D
- 503 W Main St Unit C
- 503 W Main St Unit A