NOT LISTED FOR SALE

516 Cleveland Ave Salem, VA 24153

Estimated Value: $228,000 - $266,000

3 Beds
2 Baths
1,060 Sq Ft
$231/Sq Ft Est. Value

About This Home

This home is located at 516 Cleveland Ave, Salem, VA 24153 and is currently estimated at $244,684, approximately $230 per square foot. 516 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
Jul 7, 2020
Sold by
Johnston Harold L and Johnston Anne H
Bought by
Mcpheron Andrew D and Mcpheron Samantha P
Current Estimated Value
$244,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,168
Outstanding Balance
$138,532
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$106,152
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

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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
Mcpheron Andrew D $159,050 Acquisition Ttl & Setmnt Agc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcpheron Andrew D $156,168
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 $1,123 $190,300 $42,800 $147,500
2024 $1,075 $179,100 $41,700 $137,400
2023 $1,933 $161,100 $39,800 $121,300
2022 $1,748 $145,700 $36,800 $108,900
2021 $1,621 $135,100 $34,100 $101,000
2020 $1,566 $130,500 $32,200 $98,300
2019 $1,516 $126,300 $32,200 $94,100
2018 $1,477 $125,200 $32,200 $93,000
2017 $1,463 $124,000 $32,200 $91,800
2016 $1,463 $124,000 $32,200 $91,800
2015 $1,431 $121,300 $31,500 $89,800
2014 $1,431 $121,300 $31,500 $89,800
Source: Public Records

Map

Virginia Salem City County Salem 24153

516 Cleveland Ave, Salem, VA

This home is located at 516 Cleveland Ave, Salem, VA 24153 and is currently estimated at $244,684, approximately $230 per square foot. 516 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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