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2771 Fernlawn Rd

Salem, VA 24153

4 bd 2 ba 2,000 sqft Built 1972 Lot 43,560 sqft single_family
Most recent sale
$185,000
Feb 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 17, 2022 Sold $185,000 MLS #886265
Mar 1, 2002 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $162,700 $47,000 $209,700 $2,159
2023 $141,000 $43,000 $184,000 $1,950
2022 $102,500 $38,000 $140,500 $1,531
2021 $91,600 $34,000 $125,600 $1,369
2020 $86,800 $34,000 $120,800 $1,317
2018 $80,400 $37,000 $117,400 $1,280
2017 $79,600 $37,000 $116,600 $1,271
2016 $79,600 $36,000 $115,600 $1,260
2015 $78,700 $35,000 $113,700 $1,239
2014 $77,700 $34,000 $111,700 $1,218
2013 $77,700 $33,000 $110,700 $1,207
2012 $78,700 $36,000 $114,700 $1,250
2011 $82,500 $36,000 $118,500 $1,292
2010 $82,400 $36,000 $118,400 $1,291
2009 $82,300 $35,000 $117,300 $1,279
2008 $82,400 $34,000 $116,400 $1,268
2007 $78,700 $30,000 $108,700 $1,184

Property facts

Year built
1972
Property type
single_family
Stories
Beds
4
Baths
2
Living area
2,000 sqft
Lot size
43,560 sqft
ZIP code
24153
City
Salem
Street
Fernlawn Rd
Coordinates
37.29218, -80.11573

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,110
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2771 Fernlawn Rd last sell?
2771 Fernlawn Rd most recently sold on Feb 17, 2022 for $185,000.
What is the current tax assessment for 2771 Fernlawn Rd?
The most recent total assessment for 2771 Fernlawn Rd (year 2025) is $209,700 with $2,159 in property tax.
How does 2771 Fernlawn Rd's assessment compare to its last sale price?
The current assessment is 13.4% above the last sale price of $185,000.
When was 2771 Fernlawn Rd built?
2771 Fernlawn Rd was built in 1972.
How does 2771 Fernlawn Rd compare to others on Fernlawn Rd?
We track 8 other properties on Fernlawn Rd. Browse the list under "Other properties on Fernlawn Rd" to compare beds, baths, and sale history.
What are the property facts for 2771 Fernlawn Rd?
2771 Fernlawn Rd is a 4 bed, 2 bath, 2,000 sqft, 43,560 sqft lot single_family.
Is 2771 Fernlawn Rd a flip candidate?
No — 2771 Fernlawn Rd does not appear in our flips dataset.
Is 2771 Fernlawn Rd a tax-appeal candidate?
No — 2771 Fernlawn 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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