NOT LISTED FOR SALE

509 S Colorado St Salem, VA 24153

Estimated Value: $160,000 - $281,000

2 Beds
1 Bath
1,120 Sq Ft
$179/Sq Ft Est. Value

About This Home

This home is located at 509 S Colorado St, Salem, VA 24153 and is currently estimated at $200,863, approximately $179 per square foot. 509 S Colorado 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
Aug 3, 2023
Sold by
Busic Robert S and Busic Brenda L
Bought by
Busic Brenda L
Current Estimated Value
$200,863

Purchase Details

Closed on
Aug 24, 2007
Sold by
Hall Oscar W and Hall Emory E
Bought by
Busic Robert S and Busic Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Busic Brenda L -- None Listed On Document
Busic Robert S $76,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Busic Robert S $85,000
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 $837 $141,900 $39,600 $102,300
2024 $791 $131,900 $38,500 $93,400
2023 $1,384 $115,300 $35,800 $79,500
2022 $1,253 $104,400 $31,400 $73,000
2021 $1,160 $96,700 $28,900 $67,800
2020 $1,121 $93,400 $28,900 $64,500
2019 $1,072 $89,300 $50,200 $39,100
2018 $889 $75,300 $28,900 $46,400
2017 $881 $74,700 $28,900 $45,800
2016 $881 $74,700 $28,900 $45,800
2015 $883 $74,800 $30,000 $44,800
2014 $883 $74,800 $30,000 $44,800
Source: Public Records

Map

Virginia Salem City County Salem 24153

509 S Colorado St, Salem, VA

This home is located at 509 S Colorado St, Salem, VA 24153 and is currently estimated at $200,863, approximately $179 per square foot. 509 S Colorado 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.

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