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725 Central Ave

Salem, VA 24153

2 bd 2 ba 976 sqft Built 2002 Lot 3,485 sqft single_family
Most recent sale
$155,000
Mar 19, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2022 Price changed $164,950 MLS #892710
Sep 6, 2022 Listed $169,950 MLS #892710
Mar 19, 2021 Sold $155,000 MLS #876843
Nov 12, 2015 Sold $80,000 MLS #818780
Sep 18, 2015 Price changed $88,000 MLS #818780
Aug 27, 2015 Listed $97,500 MLS #818780
Aug 2, 2013 Listing removed $89,900 Roanoke
Jul 3, 2013 Listed $89,900 MLS #794628
Jan 1, 2013 Sold $89,250 Public Record
Aug 23, 2009 Listing removed $119,950 Roanoke
Jul 31, 2009 Listed $119,950 MLS #747798
Jan 1, 2009 Sold $118,000 Public Record
Sep 30, 2003 Sold $90,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $139,300 $18,700 $158,000 $1,864
2023 $107,500 $16,500 $124,000 $1,488
2022 $99,400 $14,300 $113,700 $1,364
2021 $91,600 $10,200 $101,800 $1,222
2020 $89,800 $10,200 $100,000 $1,200
2019 $83,900 $10,200 $94,100 $1,129
2018 $82,900 $10,200 $93,100 $1,098
2017 $81,800 $10,200 $92,000 $1,086
2016 $85,200 $10,200 $95,400 $1,126
2015 $82,700 $9,000 $91,700 $1,082
2014 $82,700 $9,000 $91,700 $1,082
2013 $82,700 $9,000 $91,700 $1,082
2012 $82,700 $9,000 $91,700 $1,082
2011 $82,700 $9,000 $91,700 $1,082
2010 $81,600 $9,000 $90,600 $1,069
2009 $81,600 $9,000 $90,600 $1,069

Property facts

Year built
2002
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
976 sqft
Lot size
3,485 sqft
ZIP code
24153
City
Salem
Street
Central Ave
Coordinates
37.28108, -80.06355

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,464
Gross rental yield
11.33%
Implied cap rate
7.37%
Trend-extrapolated value

Frequently asked questions

When did 725 Central Ave last sell?
725 Central Ave most recently sold on Mar 19, 2021 for $155,000.
What is the current tax assessment for 725 Central Ave?
The most recent total assessment for 725 Central Ave (year 2025) is $158,000 with $1,864 in property tax.
How does 725 Central Ave's assessment compare to its last sale price?
The current assessment is 1.9% above the last sale price of $155,000.
When was 725 Central Ave built?
725 Central Ave was built in 2002.
How does 725 Central Ave compare to others on Central Ave?
We track 8 other properties on Central Ave. Browse the list under "Other properties on Central Ave" to compare beds, baths, and sale history.
What are the property facts for 725 Central Ave?
725 Central Ave is a 2 bed, 2 bath, 976 sqft, 3,485 sqft lot single_family.
Is 725 Central Ave a flip candidate?
No — 725 Central Ave does not appear in our flips dataset.
Is 725 Central Ave a tax-appeal candidate?
No — 725 Central 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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