707 Colorado St
Salem, VA 24153
5 bd 2 ba 1,996 sqft Built 1910 Lot 9,583 sqft single_family
Most recent sale
$192,500
Feb 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 20, 2025 | Listed for rent | $2,550 | Avail |
| May 27, 2025 | Sold | $215,000 | Roanoke |
| Nov 19, 2024 | Price changed | $274,999 | Roanoke |
| Nov 3, 2024 | Price changed | $284,999 | Roanoke |
| Oct 15, 2024 | Price changed | $295,000 | Roanoke |
| Sep 24, 2024 | Listed | $300,000 | Roanoke |
| Feb 4, 2022 | Sold | $192,500 | MLS #883850 |
| Nov 1, 2021 | Price changed | $209,500 | MLS #883850 |
| Sep 17, 2021 | Listed | $214,500 | MLS #883850 |
| Aug 19, 2021 | Price changed | $214,500 | MLS #880398 |
| Jul 12, 2021 | Price changed | $219,950 | MLS #880398 |
| Jun 14, 2021 | Price changed | $224,500 | MLS #880398 |
| Jun 1, 2021 | Listed | $229,950 | MLS #880398 |
| Jan 15, 2021 | Sold | $127,500 | MLS #875185 |
| Nov 18, 2020 | Listed | $149,950 | MLS #875185 |
| Aug 15, 1988 | Sold | $55,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $185,100 | $39,600 | $224,700 | $2,651 |
| 2023 | $152,900 | $35,800 | $188,700 | $2,264 |
| 2022 | $135,300 | $51,300 | $186,600 | $2,239 |
| 2021 | $74,000 | $50,200 | $124,200 | $1,490 |
| 2020 | $71,800 | $50,200 | $122,000 | $1,464 |
| 2019 | $71,400 | $50,200 | $121,600 | $1,459 |
| 2018 | $88,200 | $28,900 | $117,100 | $1,381 |
| 2017 | $87,000 | $28,900 | $115,900 | $1,368 |
| 2016 | $87,000 | $28,900 | $115,900 | $1,368 |
| 2015 | $80,100 | $37,900 | $118,000 | $1,392 |
| 2014 | $80,100 | $37,900 | $118,000 | $1,392 |
| 2013 | $80,100 | $37,900 | $118,000 | $1,392 |
| 2012 | $80,100 | $37,900 | $118,000 | $1,392 |
| 2011 | $80,100 | $37,900 | $118,000 | $1,392 |
| 2010 | $80,100 | $37,900 | $118,000 | $1,392 |
| 2009 | $80,100 | $37,900 | $118,000 | $1,392 |
Property facts
Year built
1910
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
1,996 sqft
Lot size
9,583 sqft
ZIP code
24153
City
Salem
Street
Colorado St
Coordinates
37.28515, -80.05404
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,155
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 707 Colorado St last sell?
707 Colorado St most recently sold on Feb 4, 2022 for $192,500.
What is the current tax assessment for 707 Colorado St?
The most recent total assessment for 707 Colorado St (year 2025) is $224,700 with $2,651 in property tax.
How does 707 Colorado St's assessment compare to its last sale price?
The current assessment is 16.7% above the last sale price of $192,500.
When was 707 Colorado St built?
707 Colorado St was built in 1910.
How does 707 Colorado St compare to others on Colorado St?
We track 8 other properties on Colorado St. Browse the list under "Other properties on Colorado St" to compare beds, baths, and sale history.
What are the property facts for 707 Colorado St?
707 Colorado St is a 5 bed, 2 bath, 1,996 sqft, 9,583 sqft lot single_family.
Is 707 Colorado St a flip candidate?
Yes — 707 Colorado St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 707 Colorado St a tax-appeal candidate?
No — 707 Colorado St 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
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