5320 Cherokee Hills Dr
Salem, VA 24153
4 bd 3 ba 3,180 sqft Built 1985 Lot 29,185 sqft single_family
Most recent sale
$345,000
Dec 14, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 30, 2023 | Sold | $449,950 | Roanoke |
| May 16, 2023 | Listed | $449,950 | Roanoke |
| Dec 14, 2021 | Sold | $345,000 | MLS #884690 |
| Oct 26, 2021 | Price changed | $365,000 | MLS #884690 |
| Oct 18, 2021 | Listed | $385,900 | MLS #884690 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $368,400 | $65,000 | $433,400 | $4,464 |
| 2023 | $287,300 | $52,000 | $339,300 | $3,596 |
| 2022 | $269,100 | $45,000 | $314,100 | $3,423 |
| 2021 | $225,500 | $45,000 | $270,500 | $2,948 |
| 2020 | $214,600 | $40,000 | $254,600 | $2,775 |
| 2018 | $200,000 | $40,000 | $240,000 | $2,616 |
| 2017 | $197,800 | $40,000 | $237,800 | $2,592 |
| 2016 | $193,300 | $40,000 | $233,300 | $2,543 |
| 2015 | $191,100 | $40,000 | $231,100 | $2,519 |
| 2014 | $188,900 | $40,000 | $228,900 | $2,495 |
| 2013 | $188,900 | $40,000 | $228,900 | $2,495 |
| 2012 | $202,300 | $40,000 | $242,300 | $2,641 |
| 2011 | $202,500 | $40,000 | $242,500 | $2,643 |
| 2010 | $202,400 | $40,000 | $242,400 | $2,642 |
| 2009 | $201,900 | $40,000 | $241,900 | $2,637 |
| 2008 | $199,400 | $38,000 | $237,400 | $2,587 |
| 2007 | $188,900 | $35,000 | $223,900 | $2,440 |
Property facts
Year built
1985
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,180 sqft
Lot size
29,185 sqft
ZIP code
24153
City
Salem
Street
Cherokee Hills Dr
Coordinates
37.27525, -80.15544
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
$2,070
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5320 Cherokee Hills Dr last sell?
5320 Cherokee Hills Dr most recently sold on Dec 14, 2021 for $345,000.
What is the current tax assessment for 5320 Cherokee Hills Dr?
The most recent total assessment for 5320 Cherokee Hills Dr (year 2025) is $433,400 with $4,464 in property tax.
How does 5320 Cherokee Hills Dr's assessment compare to its last sale price?
The current assessment is 25.6% above the last sale price of $345,000.
When was 5320 Cherokee Hills Dr built?
5320 Cherokee Hills Dr was built in 1985.
How does 5320 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 5320 Cherokee Hills Dr?
5320 Cherokee Hills Dr is a 4 bed, 3 bath, 3,180 sqft, 29,185 sqft lot single_family.
Is 5320 Cherokee Hills Dr a flip candidate?
Yes — 5320 Cherokee Hills Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5320 Cherokee Hills Dr a tax-appeal candidate?
No — 5320 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