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6941 Fairway Ridge Rd

Salem, VA 24153

6 bd 5 ba 4,539 sqft Built 2021 Lot 37,897 sqft single_family
Most recent sale
$1,191,622
Jul 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 25, 2022 Sold $1,191,622 MLS #878716
Apr 13, 2021 Listed $1,021,719 MLS #878716

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,129,500 $144,000 $1,273,500 $13,117
2023 $940,000 $140,000 $1,080,000 $11,448
2022 $130,000 $130,000 $1,417
2021 $125,000 $125,000 $1,363
2020 $125,000 $125,000 $1,362
2018 $125,000 $125,000 $1,362
2017 $125,000 $125,000 $1,362
2016 $125,000 $125,000 $1,362
2015 $125,000 $125,000 $1,362
2014 $100,000 $100,000 $1,090
2013 $75,000 $75,000 $817
2012 $45,000 $45,000 $490
2011 $45,000 $45,000 $490
2010 $9,000 $9,000 $98
2009 $9,000 $9,000 $98
2008 $9,000 $9,000 $98

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
6
Baths
5
Living area
4,539 sqft
Lot size
37,897 sqft
ZIP code
24153
City
Salem
Street
Fairway Ridge Rd
Coordinates
37.25579, -80.06494

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,809
Gross rental yield
6.86%
Implied cap rate
4.46%
Trend-extrapolated value

Frequently asked questions

When did 6941 Fairway Ridge Rd last sell?
6941 Fairway Ridge Rd most recently sold on Jul 25, 2022 for $1,191,622.
What is the current tax assessment for 6941 Fairway Ridge Rd?
The most recent total assessment for 6941 Fairway Ridge Rd (year 2025) is $1,273,500 with $13,117 in property tax.
How does 6941 Fairway Ridge Rd's assessment compare to its last sale price?
The current assessment is 6.9% above the last sale price of $1,191,622.
When was 6941 Fairway Ridge Rd built?
6941 Fairway Ridge Rd was built in 2021.
How does 6941 Fairway Ridge Rd compare to others on Fairway Ridge Rd?
We track 8 other properties on Fairway Ridge Rd. Browse the list under "Other properties on Fairway Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 6941 Fairway Ridge Rd?
6941 Fairway Ridge Rd is a 6 bed, 5 bath, 4,539 sqft, 37,897 sqft lot single_family.
Is 6941 Fairway Ridge Rd a flip candidate?
No — 6941 Fairway Ridge Rd does not appear in our flips dataset.
Is 6941 Fairway Ridge Rd a tax-appeal candidate?
No — 6941 Fairway Ridge Rd 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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