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485 Chamberlain Ln

Salem, VA 24153

3 bd 2 ba 1,587 sqft Built 1962 Lot 15,246 sqft single_family
Most recent sale
$300,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $300,000 MLS #888109
Mar 30, 2022 Listed $299,950 MLS #888109

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $228,500 $42,900 $271,400 $3,202
2023 $185,500 $35,700 $221,200 $2,654
2022 $151,500 $33,200 $184,700 $2,216
2021 $134,700 $31,700 $166,400 $1,997
2020 $130,900 $31,700 $162,600 $1,951
2019 $127,800 $31,700 $159,500 $1,914
2018 $127,600 $30,100 $157,700 $1,860
2017 $125,900 $30,100 $156,000 $1,840
2016 $125,900 $30,100 $156,000 $1,840
2015 $130,800 $30,500 $161,300 $1,903
2014 $130,800 $30,500 $161,300 $1,903
2013 $130,800 $30,500 $161,300 $1,903
2012 $130,800 $30,500 $161,300 $1,903
2011 $130,800 $30,500 $161,300 $1,903
2010 $130,800 $29,500 $160,300 $1,891
2009 $130,800 $29,500 $160,300 $1,891

Property facts

Year built
1962
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,587 sqft
Lot size
15,246 sqft
ZIP code
24153
City
Salem
Street
Chamberlain Ln
Coordinates
37.30302, -80.03526

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,381
Gross rental yield
9.52%
Implied cap rate
6.19%
Trend-extrapolated value

Frequently asked questions

When did 485 Chamberlain Ln last sell?
485 Chamberlain Ln most recently sold on May 10, 2022 for $300,000.
What is the current tax assessment for 485 Chamberlain Ln?
The most recent total assessment for 485 Chamberlain Ln (year 2025) is $271,400 with $3,202 in property tax.
How does 485 Chamberlain Ln's assessment compare to its last sale price?
The current assessment is 9.5% below the last sale price of $300,000.
When was 485 Chamberlain Ln built?
485 Chamberlain Ln was built in 1962.
How does 485 Chamberlain Ln compare to others on Chamberlain Ln?
We track 8 other properties on Chamberlain Ln. Browse the list under "Other properties on Chamberlain Ln" to compare beds, baths, and sale history.
What are the property facts for 485 Chamberlain Ln?
485 Chamberlain Ln is a 3 bed, 2 bath, 1,587 sqft, 15,246 sqft lot single_family.
Is 485 Chamberlain Ln a flip candidate?
No — 485 Chamberlain Ln does not appear in our flips dataset.
Is 485 Chamberlain Ln a tax-appeal candidate?
No — 485 Chamberlain Ln 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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