Studio
2
Baths
2,678
Sq Ft
19,558
Sq Ft
About This Home
This home is located at 516 E Main St, Salem, VA 24153. 516 E Main 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
Sep 19, 2018
Sold by
Tc Squared Real Estate Llc
Bought by
City Of Salem
Purchase Details
Closed on
Aug 15, 2008
Sold by
Woodward Robert W and Woodward Tamea F
Bought by
T C Squared Real Estates Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
6.29%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 26, 2008
Sold by
Carter Commerce Center Lc
Bought by
Woodward Robert W and Woodward Tamea F
Purchase Details
Closed on
Mar 25, 2005
Sold by
Bower Christopher B and Bower Robert B
Bought by
Carter Commerce Center L C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| City Of Salem | $825,000 | None Available | |
| T C Squared Real Estates Llc | $1,140,000 | None Available | |
| Woodward Robert W | $640,300 | None Available | |
| Carter Commerce Center L C | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | T C Squared Real Estates Llc | $860,000 |
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 | -- | $244,400 | $244,400 | $0 |
| 2024 | -- | $484,400 | $234,600 | $249,800 |
| 2023 | $5,388 | $449,000 | $215,200 | $233,800 |
| 2022 | $4,904 | $408,700 | $201,400 | $207,300 |
| 2021 | $3,800 | $390,800 | $195,600 | $195,200 |
| 2020 | $3,800 | $322,000 | $161,400 | $160,600 |
| 2019 | $3,800 | $322,000 | $161,400 | $160,600 |
| 2018 | $3,800 | $322,000 | $161,400 | $160,600 |
| 2017 | $3,684 | $312,200 | $151,600 | $160,600 |
| 2016 | $3,684 | $312,200 | $151,600 | $160,600 |
| 2015 | $3,684 | $312,200 | $151,600 | $160,600 |
| 2014 | $3,684 | $312,200 | $151,600 | $160,600 |
Source: Public Records
Map
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