501 Bowman Ave
Salem, VA 24153
3 bd 1 ba 1,130 sqft Built 1915 Lot 6,098 sqft single_family
Most recent sale
$170,000
Aug 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 9, 2026 | Listed for rent | $1,675 | Avail |
| Jan 7, 2025 | Listed for rent | $1,650 | Avail |
| Aug 23, 2022 | Sold | $170,000 | MLS #891120 |
| Jul 8, 2022 | Listed | $179,500 | MLS #891120 |
| Sep 15, 1985 | Sold | $27,000 | Public Record |
| May 15, 1985 | Sold | $23,400 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $122,600 | $34,300 | $156,900 | $1,851 |
| 2023 | $97,700 | $30,200 | $127,900 | $1,534 |
| 2022 | $69,800 | $26,200 | $96,000 | $1,152 |
| 2021 | $65,500 | $24,900 | $90,400 | $1,085 |
| 2020 | $56,500 | $24,900 | $81,400 | $977 |
| 2019 | $53,300 | $24,900 | $78,200 | $938 |
| 2018 | $52,600 | $24,900 | $77,500 | $914 |
| 2017 | $51,900 | $24,900 | $76,800 | $906 |
| 2016 | $49,100 | $24,900 | $74,000 | $871 |
| 2015 | $49,100 | $24,700 | $73,800 | $871 |
| 2014 | $49,100 | $24,700 | $73,800 | $871 |
| 2013 | $49,100 | $24,700 | $73,800 | $871 |
| 2012 | $49,100 | $24,700 | $73,800 | $871 |
| 2011 | $49,100 | $24,700 | $73,800 | $871 |
| 2010 | $49,100 | $24,700 | $73,800 | $1,045 |
| 2009 | $49,100 | $24,700 | $73,800 | $871 |
Property facts
Year built
1915
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,130 sqft
Lot size
6,098 sqft
ZIP code
24153
City
Salem
Street
Bowman Ave
Coordinates
37.27902, -80.06003
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,695
Gross rental yield
11.96%
Implied cap rate
7.78%
Trend-extrapolated value
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Frequently asked questions
When did 501 Bowman Ave last sell?
501 Bowman Ave most recently sold on Aug 23, 2022 for $170,000.
What is the current tax assessment for 501 Bowman Ave?
The most recent total assessment for 501 Bowman Ave (year 2025) is $156,900 with $1,851 in property tax.
How does 501 Bowman Ave's assessment compare to its last sale price?
The current assessment is 7.7% below the last sale price of $170,000.
When was 501 Bowman Ave built?
501 Bowman Ave was built in 1915.
How does 501 Bowman Ave compare to others on Bowman Ave?
We track 8 other properties on Bowman Ave. Browse the list under "Other properties on Bowman Ave" to compare beds, baths, and sale history.
What are the property facts for 501 Bowman Ave?
501 Bowman Ave is a 3 bed, 1 bath, 1,130 sqft, 6,098 sqft lot single_family.
Is 501 Bowman Ave a flip candidate?
No — 501 Bowman Ave does not appear in our flips dataset.
Is 501 Bowman Ave a tax-appeal candidate?
No — 501 Bowman Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.7%
Implied 1-yr
+6.8%
2026 Q3
$386.8K
2026 Q4
$392.7K
ZIP 24153 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Bowman Ave