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306 2nd St

Salem, VA 24153

4 bd 4 ba 2,460 sqft Built 2021 Lot 4,004 sqft single_family
Most recent sale
$350,000
Jun 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 27, 2025 Listed $370,000 Roanoke
Jun 22, 2022 Sold $350,000 MLS #888682
Apr 19, 2022 Listed $349,888 MLS #888682
Feb 12, 2021 Sold $250,000 Public Record
Nov 29, 2018 Sold $26,320 MLS #842608
Oct 30, 2018 Relisted $29,950 MLS #842608
Oct 2, 2018 Listing removed $29,950 Roanoke
Oct 28, 2017 Listed $29,950 MLS #842608
Dec 19, 2014 Sold $18,000 MLS #810117
Dec 4, 2014 Listed $25,000 MLS #810117
Jun 15, 1990 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $308,700 $30,400 $339,100 $4,001
2023 $266,500 $27,400 $293,900 $3,526
2022 $223,800 $22,800 $246,600 $2,959
2021 $224,600 $21,500 $246,100 $2,953
2020 $20,300 $20,300 $243
2019 $20,300 $20,300 $243
2018 $20,300 $20,300 $239
2017 $20,500 $20,300 $40,800 $481
2016 $20,500 $20,300 $40,800 $481
2015 $25,500 $14,000 $39,500 $466
2014 $25,500 $14,000 $39,500 $466
2013 $25,500 $14,000 $39,500 $466
2012 $25,500 $14,000 $39,500 $466
2011 $25,500 $14,000 $39,500 $466
2010 $25,500 $14,000 $39,500 $466
2009 $25,500 $14,000 $39,500 $466

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,460 sqft
Lot size
4,004 sqft
ZIP code
24153
City
Salem
Street
2nd St
Coordinates
37.28805, -80.06038

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,690
Gross rental yield
12.65%
Implied cap rate
8.22%
Trend-extrapolated value

Frequently asked questions

When did 306 2nd St last sell?
306 2nd St most recently sold on Jun 22, 2022 for $350,000.
What is the current tax assessment for 306 2nd St?
The most recent total assessment for 306 2nd St (year 2025) is $339,100 with $4,001 in property tax.
How does 306 2nd St's assessment compare to its last sale price?
The current assessment is 3.1% below the last sale price of $350,000.
When was 306 2nd St built?
306 2nd St was built in 2021.
How does 306 2nd St compare to others on 2nd St?
We track 3 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 306 2nd St?
306 2nd St is a 4 bed, 4 bath, 2,460 sqft, 4,004 sqft lot single_family.
Is 306 2nd St a flip candidate?
Yes — 306 2nd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 306 2nd St a tax-appeal candidate?
No — 306 2nd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.7%
Implied 1-yr
+6.8%
2026 Q3
$386.8K
2026 Q4
$392.7K
ZIP 24153 — Median Price History + Forecast

Explore nearby

Other properties on 2nd St