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3202 Franklin St

Salem, VA 24153

4 bd 3 ba 2,704 sqft Built 1972 Lot 142,877 sqft single_family
Most recent sale
$445,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $445,000 MLS #888201
Apr 15, 2022 Listed $415,000 MLS #888201
Mar 1, 2004 Sold $178,500 Public Record
Jul 1, 1977 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $363,900 $69,000 $432,900 $4,458
2023 $331,300 $60,000 $391,300 $4,147
2022 $200,800 $52,500 $253,300 $2,760
2021 $187,100 $48,800 $235,900 $2,571
2020 $177,400 $45,000 $222,400 $2,424
2018 $168,400 $43,700 $212,100 $2,311
2017 $166,300 $43,700 $210,000 $2,289
2016 $164,600 $43,700 $208,300 $2,270
2015 $162,900 $43,700 $206,600 $2,251
2014 $163,100 $43,700 $206,800 $2,254
2013 $161,700 $43,700 $205,400 $2,238
2012 $172,600 $43,700 $216,300 $2,357
2011 $173,200 $43,700 $216,900 $2,364
2010 $173,100 $43,700 $216,800 $2,363
2009 $163,100 $43,700 $206,800 $2,254
2008 $159,800 $42,200 $202,000 $2,201
2007 $151,200 $39,900 $191,100 $2,083

Property facts

Year built
1972
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,704 sqft
Lot size
142,877 sqft
ZIP code
24153
City
Salem
Street
Franklin St
Coordinates
37.25720, -80.06168

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
$4,056
Gross rental yield
10.94%
Implied cap rate
7.11%
Trend-extrapolated value

Frequently asked questions

When did 3202 Franklin St last sell?
3202 Franklin St most recently sold on Jun 15, 2022 for $445,000.
What is the current tax assessment for 3202 Franklin St?
The most recent total assessment for 3202 Franklin St (year 2025) is $432,900 with $4,458 in property tax.
How does 3202 Franklin St's assessment compare to its last sale price?
The current assessment is 2.7% below the last sale price of $445,000.
When was 3202 Franklin St built?
3202 Franklin St was built in 1972.
How does 3202 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 3202 Franklin St?
3202 Franklin St is a 4 bed, 3 bath, 2,704 sqft, 142,877 sqft lot single_family.
Is 3202 Franklin St a flip candidate?
No — 3202 Franklin St does not appear in our flips dataset.
Is 3202 Franklin St a tax-appeal candidate?
No — 3202 Franklin St 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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