NOT LISTED FOR SALE

602 Bowman Ave Salem, VA 24153

Estimated Value: $172,000 - $214,000

3 Beds
1 Bath
1,195 Sq Ft
$163/Sq Ft Est. Value

About This Home

This home is located at 602 Bowman Ave, Salem, VA 24153 and is currently estimated at $194,333, approximately $162 per square foot. 602 Bowman Ave is a home located in Salem City with nearby schools including South Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2013
Sold by
Gordon David M and Matthews David A
Bought by
Gordon David M
Current Estimated Value
$194,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$773,000
Outstanding Balance
$556,163
Interest Rate
3.52%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$361,830

Purchase Details

Closed on
Jul 22, 2009
Sold by
Secretary Of Hud
Bought by
Gordon David Michael and Matthews David A

Purchase Details

Closed on
Dec 2, 2008
Sold by
Zimmers Stephen P
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jun 26, 2007
Sold by
Zimmers Stephen P and Zimmers Chelsha A
Bought by
Zimmers Stephen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,602
Interest Rate
6.78%
Mortgage Type
FHA
Source: Public Records

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
Gordon David M -- None Available
Gordon David Michael $80,500 Lawyers Advantage Title Grou
Secretary Of Hud $125,577 None Available
Zimmers Stephen P -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon David M $773,000
Previous Owner Zimmers Stephen P $118,602
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 $688 $114,600 $26,300 $88,300
2023 $1,200 $100,000 $24,300 $75,700
2022 $1,088 $90,700 $21,000 $69,700
2021 $1,025 $85,400 $20,000 $65,400
2020 $1,002 $83,500 $20,000 $63,500
2019 $959 $79,900 $20,000 $59,900
2018 $933 $79,100 $20,000 $59,100
2017 $924 $78,300 $20,000 $58,300
2016 $1,036 $87,800 $20,000 $67,800
2015 $1,066 $90,300 $21,000 $69,300
2014 $1,066 $90,300 $21,000 $69,300
Source: Public Records

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