NOT LISTED FOR SALE

950 Red Ln Salem, VA 24153

Estimated Value: $433,000 - $503,000

4 Beds
3 Baths
2,191 Sq Ft
$216/Sq Ft Est. Value

About This Home

This home is located at 950 Red Ln, Salem, VA 24153 and is currently estimated at $472,663, approximately $215 per square foot. 950 Red Ln 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
Feb 8, 2023
Sold by
R Fralin Construction Inc
Bought by
Value Housing Partners Llc
Current Estimated Value
$472,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Outstanding Balance
$325,740
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$146,923

Purchase Details

Closed on
Jun 11, 2021
Sold by
North Oaks Llc
Bought by
R Fralin Construction Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Value Housing Partners Llc $40,000 Aquisition Title
R Fralin Construction Inc $80,000 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Value Housing Partners Llc $336,000
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 $2,495 $422,800 $66,200 $356,600
2024 $2,353 $392,200 $63,600 $328,600
2023 $4,427 $368,900 $60,900 $308,000
2022 $667 $55,600 $55,600 $0
2021 $636 $53,000 $53,000 $0
2020 $636 $53,000 $53,000 $0
2019 $636 $53,000 $53,000 $0
2018 $563 $47,700 $47,700 $0
2017 $563 $47,700 $47,700 $0
2016 $563 $47,700 $47,700 $0
2015 $590 $50,000 $50,000 $0
2014 $590 $50,000 $50,000 $0
Source: Public Records

Map

Virginia Salem City County Salem 24153

950 Red Ln, Salem, VA

Not Listed for Sale

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