NOT LISTED FOR SALE

508 Cleveland Ave Salem, VA 24153

Estimated Value: $236,060 - $265,000

3 Beds
2 Baths
1,050 Sq Ft
$240/Sq Ft Est. Value

About This Home

This home is located at 508 Cleveland Ave, Salem, VA 24153 and is currently estimated at $251,515, approximately $239 per square foot. 508 Cleveland Ave 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
Sep 9, 2021
Sold by
Bowen Kenneth D and Bowen Christopher L
Bought by
Bowen Kenneth
Current Estimated Value
$251,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,560
Outstanding Balance
$103,405
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$148,110

Purchase Details

Closed on
Feb 26, 2018
Sold by
Bowen Kenneth D
Bought by
Bowen Kenneth D and Bowen Christopher L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Bowen Kenneth $157,500 Accommodation
Bowen Kenneth D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowen Kenneth $113,560
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
2025 $1,175 $199,100 $42,300 $156,800
2024 $1,124 $187,300 $41,100 $146,200
2023 $2,020 $168,300 $39,300 $129,000
2022 $1,838 $153,200 $36,300 $116,900
2021 $1,710 $142,500 $33,700 $108,800
2020 $1,655 $137,900 $31,800 $106,100
2019 $1,602 $133,500 $31,800 $101,700
2018 $1,562 $132,400 $31,800 $100,600
2017 $1,548 $131,200 $31,800 $99,400
2016 $1,548 $131,200 $31,800 $99,400
2015 $1,535 $130,100 $31,500 $98,600
2014 $1,535 $130,100 $31,500 $98,600
Source: Public Records

Map

Virginia Salem City County Salem 24153

508 Cleveland Ave, Salem, VA

This home is located at 508 Cleveland Ave, Salem, VA 24153 and is currently estimated at $251,515, approximately $239 per square foot. 508 Cleveland Ave is a home located in Salem City with nearby schools including West Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

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