705 Salem Dr
Fredericksburg, VA 22407
4 bd 3 ba 1,980 sqft Built 1974 Lot 8,712 sqft single_family
Most recent sale
$401,000
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 27, 2022 | Sold | $401,000 | MLS #VASP2008668 |
| Apr 14, 2022 | Listed | $380,000 | MLS #VASP2008668 |
| Nov 14, 2016 | Sold | $227,500 | MLS #1000832429 |
| Nov 3, 2016 | Listing removed | $234,900 | MRIS |
| Oct 13, 2016 | Listed | $234,900 | MLS #1000832429 |
| Jun 2, 1999 | Sold | $117,400 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $182,100 | $125,000 | $307,100 | $2,255 |
| 2023 | $146,300 | $105,000 | $251,300 | $1,939 |
| 2022 | $146,300 | $105,000 | $251,300 | $1,853 |
| 2021 | $129,600 | $85,000 | $214,600 | $1,737 |
| 2020 | $129,600 | $85,000 | $214,600 | $1,737 |
| 2019 | $88,400 | $80,000 | $168,400 | $1,427 |
| 2018 | $88,400 | $80,000 | $168,400 | $1,403 |
| 2017 | $84,800 | $70,000 | $154,800 | $15 |
| 2016 | $84,800 | $70,000 | $154,800 | $1,316 |
| 2015 | $74,800 | $75,000 | $149,800 | $1,288 |
| 2014 | $74,800 | $75,000 | $149,800 | $1,288 |
| 2013 | $67,600 | $75,000 | $142,600 | $1,255 |
| 2012 | $67,600 | $75,000 | $142,600 | $1,255 |
| 2011 | $84,300 | $80,000 | $164,300 | $1,413 |
| 2010 | $84,300 | $80,000 | $164,300 | $1,413 |
| 2009 | $168,800 | $90,000 | $258,800 | $1,605 |
| 2008 | $168,800 | $90,000 | $258,800 | $1,605 |
| 2007 | $145,200 | $70,000 | $215,200 | $1,334 |
Property facts
Year built
1974
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,980 sqft
Lot size
8,712 sqft
ZIP code
22407
City
Fredericksburg
Street
Salem Dr
Coordinates
38.28381, -77.51820
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,970
Gross rental yield
8.89%
Implied cap rate
5.78%
Trend-extrapolated value
—
Frequently asked questions
When did 705 Salem Dr last sell?
705 Salem Dr most recently sold on May 27, 2022 for $401,000.
What is the current tax assessment for 705 Salem Dr?
The most recent total assessment for 705 Salem Dr (year 2025) is $307,100 with $2,255 in property tax.
How does 705 Salem Dr's assessment compare to its last sale price?
The current assessment is 23.4% below the last sale price of $401,000.
When was 705 Salem Dr built?
705 Salem Dr was built in 1974.
How does 705 Salem Dr compare to others on Salem Dr?
We track 8 other properties on Salem Dr. Browse the list under "Other properties on Salem Dr" to compare beds, baths, and sale history.
What are the property facts for 705 Salem Dr?
705 Salem Dr is a 4 bed, 3 bath, 1,980 sqft, 8,712 sqft lot single_family.
Is 705 Salem Dr a flip candidate?
No — 705 Salem Dr does not appear in our flips dataset.
Is 705 Salem Dr a tax-appeal candidate?
No — 705 Salem Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.3%
Implied 1-yr
-5.2%
2026 Q3
$480.8K
2026 Q4
$474K
ZIP 22407 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Salem Dr