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408 Burwell St

Salem, VA 24153

4 bd 2 ba 1,976 sqft Built 1920 Lot 16,553 sqft single_family
Most recent sale
$146,000
Oct 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 19, 2022 Sold $146,000 MLS #892637
Sep 2, 2022 Listed $125,000 MLS #892637

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $82,700 $45,400 $128,100 $1,511
2023 $68,000 $40,900 $108,900 $1,306
2022 $78,400 $34,000 $112,400 $1,348
2021 $79,800 $32,100 $111,900 $1,343
2020 $78,100 $32,100 $110,200 $1,322
2019 $77,800 $32,100 $109,900 $1,319
2018 $81,400 $32,100 $113,500 $1,339
2017 $80,300 $32,100 $112,400 $1,326
2016 $80,300 $32,100 $112,400 $1,326
2015 $78,700 $29,500 $108,200 $669
2014 $78,700 $29,500 $108,200 $669
2013 $78,700 $29,500 $108,200 $1,277
2012 $78,700 $29,500 $108,200 $1,277
2011 $78,700 $29,500 $108,200 $1,277
2010 $78,700 $29,500 $108,200 $1,277
2009 $78,700 $29,500 $108,200 $1,277

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,976 sqft
Lot size
16,553 sqft
ZIP code
24153
City
Salem
Street
Burwell St
Coordinates
37.28982, -80.06519

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$876
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 408 Burwell St last sell?
408 Burwell St most recently sold on Oct 19, 2022 for $146,000.
What is the current tax assessment for 408 Burwell St?
The most recent total assessment for 408 Burwell St (year 2025) is $128,100 with $1,511 in property tax.
How does 408 Burwell St's assessment compare to its last sale price?
The current assessment is 12.3% below the last sale price of $146,000.
When was 408 Burwell St built?
408 Burwell St was built in 1920.
How does 408 Burwell St compare to others on Burwell St?
We track 8 other properties on Burwell St. Browse the list under "Other properties on Burwell St" to compare beds, baths, and sale history.
What are the property facts for 408 Burwell St?
408 Burwell St is a 4 bed, 2 bath, 1,976 sqft, 16,553 sqft lot single_family.
Is 408 Burwell St a flip candidate?
No — 408 Burwell St does not appear in our flips dataset.
Is 408 Burwell St a tax-appeal candidate?
No — 408 Burwell 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

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