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416 College Ave

Salem, VA 24153

3 bd 2 ba 1,400 sqft Built 1950 Lot 6,534 sqft single_family
Most recent sale
$200,000
Sep 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2022 Sold $200,000 MLS #892512
Aug 29, 2022 Listed $209,950 MLS #892512

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $130,700 $47,800 $178,500 $2,106
2023 $109,500 $46,100 $155,600 $1,867
2022 $87,700 $43,700 $131,400 $1,576
2021 $74,000 $42,700 $116,700 $1,400
2020 $74,000 $42,700 $116,700 $1,400
2019 $74,000 $42,700 $116,700 $1,400
2018 $74,000 $42,700 $116,700 $1,377
2017 $73,400 $42,700 $116,100 $1,369
2016 $73,100 $41,800 $114,900 $1,355
2015 $73,100 $41,800 $114,900 $1,355
2014 $73,100 $41,800 $114,900 $1,355
2013 $73,100 $41,800 $114,900 $1,355
2012 $73,100 $41,800 $114,900 $1,355
2011 $73,100 $41,800 $114,900 $1,355
2010 $73,100 $37,000 $110,100 $1,299
2009 $73,100 $37,000 $110,100 $1,299

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,400 sqft
Lot size
6,534 sqft
ZIP code
24153
City
Salem
Street
College Ave
Coordinates
37.28889, -80.05304

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,100
Gross rental yield
12.60%
Implied cap rate
8.19%
Trend-extrapolated value

Frequently asked questions

When did 416 College Ave last sell?
416 College Ave most recently sold on Sep 19, 2022 for $200,000.
What is the current tax assessment for 416 College Ave?
The most recent total assessment for 416 College Ave (year 2025) is $178,500 with $2,106 in property tax.
How does 416 College Ave's assessment compare to its last sale price?
The current assessment is 10.8% below the last sale price of $200,000.
When was 416 College Ave built?
416 College Ave was built in 1950.
How does 416 College Ave compare to others on College Ave?
We track 6 other properties on College Ave. Browse the list under "Other properties on College Ave" to compare beds, baths, and sale history.
What are the property facts for 416 College Ave?
416 College Ave is a 3 bed, 2 bath, 1,400 sqft, 6,534 sqft lot single_family.
Is 416 College Ave a flip candidate?
No — 416 College Ave does not appear in our flips dataset.
Is 416 College Ave a tax-appeal candidate?
No — 416 College 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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