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1201 Carolina Ave

Salem, VA 24153

3 bd 1 ba 1,125 sqft Built 1947 Lot 4,264 sqft single_family
Most recent sale
$196,000
Apr 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 20, 2022 Sold $196,000 MLS #888006
Mar 25, 2022 Listed $189,950 MLS #888006
Sep 13, 2018 Listing removed $149,950 Roanoke
May 3, 2018 Price changed $149,950 MLS #845964
Mar 12, 2018 Listed $159,950 MLS #845964
May 16, 2006 Sold $113,000 Public Record
Jan 1, 2006 Sold $113,000 Public Record
Apr 16, 2002 Sold $73,300 Public Record
Jan 1, 2002 Sold $73,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $145,800 $39,800 $185,600 $2,190
2023 $113,900 $35,700 $149,600 $1,795
2022 $76,300 $32,100 $108,400 $1,300
2021 $74,100 $31,100 $105,200 $1,262
2020 $72,300 $31,100 $103,400 $1,240
2019 $68,500 $31,100 $99,600 $1,195
2018 $67,500 $31,100 $98,600 $1,163
2017 $70,300 $31,100 $101,400 $1,196
2016 $70,300 $31,100 $101,400 $1,196
2015 $63,900 $30,500 $94,400 $1,113
2014 $63,900 $30,500 $94,400 $1,113
2013 $63,900 $30,500 $94,400 $1,113
2012 $63,900 $30,500 $94,400 $1,113
2011 $63,900 $30,500 $94,400 $1,113
2010 $63,900 $30,500 $94,400 $1,113
2009 $63,900 $30,500 $94,400 $1,113

Property facts

Year built
1947
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,125 sqft
Lot size
4,264 sqft
ZIP code
24153
City
Salem
Street
Carolina Ave
Coordinates
37.28102, -80.04047

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
$1,688
Gross rental yield
10.33%
Implied cap rate
6.72%
Trend-extrapolated value

Frequently asked questions

When did 1201 Carolina Ave last sell?
1201 Carolina Ave most recently sold on Apr 20, 2022 for $196,000.
What is the current tax assessment for 1201 Carolina Ave?
The most recent total assessment for 1201 Carolina Ave (year 2025) is $185,600 with $2,190 in property tax.
How does 1201 Carolina Ave's assessment compare to its last sale price?
The current assessment is 5.3% below the last sale price of $196,000.
When was 1201 Carolina Ave built?
1201 Carolina Ave was built in 1947.
How does 1201 Carolina Ave compare to others on Carolina Ave?
We track 8 other properties on Carolina Ave. Browse the list under "Other properties on Carolina Ave" to compare beds, baths, and sale history.
What are the property facts for 1201 Carolina Ave?
1201 Carolina Ave is a 3 bed, 1 bath, 1,125 sqft, 4,264 sqft lot single_family.
Is 1201 Carolina Ave a flip candidate?
No — 1201 Carolina Ave does not appear in our flips dataset.
Is 1201 Carolina Ave a tax-appeal candidate?
No — 1201 Carolina Ave 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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