5049 Cherokee Hills Dr
Salem, VA 24153
3 bd 3 ba 2,935 sqft Built 1977 Lot 18,295 sqft single_family
Most recent sale
$374,900
Apr 10, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 10, 2024 | Sold | $374,900 | Roanoke |
| Feb 9, 2024 | Listed | $374,900 | Roanoke |
| Dec 18, 2018 | Listing removed | $255,000 | Roanoke |
| Apr 12, 2018 | Sold | $255,000 | Roanoke |
| Dec 1, 2017 | Relisted | $274,900 | Roanoke |
| Nov 19, 2017 | Listing removed | $274,900 | Roanoke |
| Oct 18, 2017 | Price changed | $274,900 | Roanoke |
| Jul 18, 2017 | Relisted | $279,000 | Roanoke |
| Jun 5, 2017 | Listing removed | $279,000 | Roanoke |
| Apr 26, 2017 | Listed | $279,000 | Roanoke |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $308,000 | $65,000 | $373,000 | $3,841 |
| 2023 | $259,500 | $52,000 | $311,500 | $3,301 |
| 2022 | $228,700 | $45,000 | $273,700 | $2,983 |
| 2021 | $222,000 | $45,000 | $267,000 | $2,910 |
| 2020 | $210,900 | $40,000 | $250,900 | $2,734 |
| 2018 | $195,400 | $40,000 | $235,400 | $2,565 |
| 2017 | $160,700 | $40,000 | $200,700 | $2,187 |
| 2016 | $158,800 | $40,000 | $198,800 | $2,166 |
| 2015 | $154,800 | $40,000 | $194,800 | $2,123 |
| 2014 | $152,900 | $40,000 | $192,900 | $2,102 |
| 2013 | $152,900 | $40,000 | $192,900 | $2,102 |
| 2012 | $161,900 | $40,000 | $201,900 | $2,200 |
| 2011 | $162,000 | $40,000 | $202,000 | $2,201 |
| 2008 | $161,000 | $38,000 | $199,000 | $2,169 |
| 2007 | $150,200 | $35,000 | $185,200 | $2,018 |
Property facts
Year built
1977
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
2,935 sqft
Lot size
18,295 sqft
ZIP code
24153
City
Salem
Street
Cherokee Hills Dr
Coordinates
37.27491, -80.14759
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
$4,403
Gross rental yield
14.09%
Implied cap rate
9.16%
Trend-extrapolated value
—
Frequently asked questions
When did 5049 Cherokee Hills Dr last sell?
5049 Cherokee Hills Dr most recently sold on Apr 10, 2024 for $374,900.
What is the current tax assessment for 5049 Cherokee Hills Dr?
The most recent total assessment for 5049 Cherokee Hills Dr (year 2025) is $373,000 with $3,841 in property tax.
How does 5049 Cherokee Hills Dr's assessment compare to its last sale price?
The current assessment is 0.5% below the last sale price of $374,900.
When was 5049 Cherokee Hills Dr built?
5049 Cherokee Hills Dr was built in 1977.
How does 5049 Cherokee Hills Dr compare to others on Cherokee Hills Dr?
We track 8 other properties on Cherokee Hills Dr. Browse the list under "Other properties on Cherokee Hills Dr" to compare beds, baths, and sale history.
What are the property facts for 5049 Cherokee Hills Dr?
5049 Cherokee Hills Dr is a 3 bed, 3 bath, 2,935 sqft, 18,295 sqft lot single_family.
Is 5049 Cherokee Hills Dr a flip candidate?
No — 5049 Cherokee Hills Dr does not appear in our flips dataset.
Is 5049 Cherokee Hills Dr a tax-appeal candidate?
No — 5049 Cherokee Hills Dr 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 Cherokee Hills Dr