NOT LISTED FOR SALE

505 W Main St Unit H Salem, VA 24153

Estimated Value: $223,481 - $272,000

2 Beds
2 Baths
1,189 Sq Ft
$207/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 $245,620, approximately $206 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
$245,620

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
$199,342
Interest Rate
5.3%
Mortgage Type
VA

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

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
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

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 $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

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