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5278 Cherokee Hills Dr

Salem, VA 24153

3 bd 2 ba 2,262 sqft Built 1977 Lot 15,682 sqft single_family
Most recent sale
$279,900
Sep 28, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2024 Sold $339,900 Roanoke
Feb 23, 2024 Listed $339,900 Roanoke
Sep 28, 2021 Sold $279,900 Roanoke
Feb 3, 2018 Listing removed $225,000 Roanoke
Jan 26, 2018 Listed $225,000 Roanoke
May 1, 1999 Sold $136,000 Public Record
Jul 1, 1985 Sold $84,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $236,900 $65,000 $301,900 $3,109
2023 $206,400 $52,000 $258,400 $2,739
2022 $177,600 $45,000 $222,600 $2,426
2021 $167,500 $45,000 $212,500 $2,316
2020 $159,300 $40,000 $199,300 $2,172
2018 $149,400 $40,000 $189,400 $2,064
2017 $147,800 $40,000 $187,800 $2,047
2016 $144,300 $40,000 $184,300 $2,008
2015 $140,800 $40,000 $180,800 $1,970
2014 $139,100 $40,000 $179,100 $1,952
2013 $139,100 $40,000 $179,100 $1,952
2012 $147,000 $40,000 $187,000 $2,038
2011 $147,500 $40,000 $187,500 $2,043
2008 $145,900 $38,000 $183,900 $2,004
2007 $133,600 $35,000 $168,600 $1,837

Property facts

Year built
1977
Property type
single_family
Stories
Beds
3
Baths
2
Living area
2,262 sqft
Lot size
15,682 sqft
ZIP code
24153
City
Salem
Street
Cherokee Hills Dr
Coordinates
37.27510, -80.15419

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,679
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5278 Cherokee Hills Dr last sell?
5278 Cherokee Hills Dr most recently sold on Sep 28, 2021 for $279,900.
What is the current tax assessment for 5278 Cherokee Hills Dr?
The most recent total assessment for 5278 Cherokee Hills Dr (year 2025) is $301,900 with $3,109 in property tax.
How does 5278 Cherokee Hills Dr's assessment compare to its last sale price?
The current assessment is 7.9% above the last sale price of $279,900.
When was 5278 Cherokee Hills Dr built?
5278 Cherokee Hills Dr was built in 1977.
How does 5278 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 5278 Cherokee Hills Dr?
5278 Cherokee Hills Dr is a 3 bed, 2 bath, 2,262 sqft, 15,682 sqft lot single_family.
Is 5278 Cherokee Hills Dr a flip candidate?
No — 5278 Cherokee Hills Dr does not appear in our flips dataset.
Is 5278 Cherokee Hills Dr a tax-appeal candidate?
No — 5278 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 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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