501 Burwell St
Salem, VA 24153
2 bd 3 ba 1,404 sqft Built 2022 Lot 4,792 sqft single_family
Most recent sale
$394,000
Jun 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 30, 2022 | Sold | $394,000 | MLS #889435 |
| May 12, 2022 | Listed | $394,000 | MLS #889435 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2019 | — | $44,100 | $44,100 | $529 |
| 2018 | — | $44,100 | $44,100 | $520 |
| 2017 | — | $44,100 | $44,100 | $520 |
| 2016 | — | $44,100 | $44,100 | $520 |
| 2015 | — | $38,500 | $38,500 | $454 |
| 2014 | — | $38,500 | $38,500 | $454 |
| 2013 | — | $38,500 | $38,500 | $454 |
| 2012 | — | $38,500 | $38,500 | $454 |
| 2011 | — | $38,500 | $38,500 | $454 |
| 2010 | — | $38,500 | $38,500 | $454 |
| 2009 | — | $38,500 | $38,500 | $454 |
Property facts
Year built
2022
Property type
single_family
Stories
1
Beds
2
Baths
3
Living area
1,404 sqft
Lot size
4,792 sqft
ZIP code
24153
City
Salem
Street
Burwell St
Coordinates
37.29272, -80.05121
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
$2,106
Gross rental yield
6.41%
Implied cap rate
4.17%
Trend-extrapolated value
—
Frequently asked questions
When did 501 Burwell St last sell?
501 Burwell St most recently sold on Jun 30, 2022 for $394,000.
What is the current tax assessment for 501 Burwell St?
The most recent total assessment for 501 Burwell St (year 2019) is $44,100 with $529 in property tax.
How does 501 Burwell St's assessment compare to its last sale price?
The current assessment is 88.8% below the last sale price of $394,000.
When was 501 Burwell St built?
501 Burwell St was built in 2022.
How does 501 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 501 Burwell St?
501 Burwell St is a 2 bed, 3 bath, 1,404 sqft, 4,792 sqft lot single_family.
Is 501 Burwell St a flip candidate?
No — 501 Burwell St does not appear in our flips dataset.
Is 501 Burwell St a tax-appeal candidate?
No — 501 Burwell St 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 Burwell St