4912 Furnace Ln
Salem, VA 24153
1 bd 1 ba 540 sqft Built 1960 Lot 35,284 sqft single_family
Most recent sale
$57,000
Jun 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 16, 2022 | Sold | $57,000 | MLS #889894 |
| May 26, 2022 | Listed | $49,000 | MLS #889894 |
| Jul 24, 2020 | Sold | $42,000 | MLS #865602 |
| Mar 10, 2020 | Price changed | $49,950 | MLS #865602 |
| Dec 30, 2019 | Listed | $54,900 | MLS #865602 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $29,500 | $36,000 | $65,500 | $674 |
| 2023 | $29,000 | $28,800 | $57,800 | $612 |
| 2022 | $13,400 | $28,800 | $42,200 | $459 |
| 2021 | $11,800 | $28,800 | $40,600 | $443 |
| 2020 | $11,000 | $28,800 | $39,800 | $434 |
| 2018 | $9,600 | $28,800 | $38,400 | $419 |
| 2017 | $9,200 | $28,800 | $38,000 | $414 |
| 2016 | $9,100 | $27,900 | $37,000 | $403 |
| 2015 | $9,000 | $27,900 | $36,900 | $402 |
| 2014 | $9,200 | $27,000 | $36,200 | $395 |
| 2013 | $9,200 | $27,000 | $36,200 | $395 |
| 2012 | $9,300 | $29,700 | $39,000 | $425 |
| 2011 | $9,400 | $29,700 | $39,100 | $426 |
| 2010 | $9,500 | $29,700 | $39,200 | $427 |
| 2009 | $9,300 | $29,700 | $39,000 | $425 |
| 2008 | $9,100 | $28,800 | $37,900 | $413 |
| 2007 | $8,600 | $25,200 | $33,800 | $368 |
Property facts
Year built
1960
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
540 sqft
Lot size
35,284 sqft
ZIP code
24153
City
Salem
Street
Furnace Ln
Coordinates
37.27865, -80.15402
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$342
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 4912 Furnace Ln last sell?
4912 Furnace Ln most recently sold on Jun 16, 2022 for $57,000.
What is the current tax assessment for 4912 Furnace Ln?
The most recent total assessment for 4912 Furnace Ln (year 2025) is $65,500 with $674 in property tax.
How does 4912 Furnace Ln's assessment compare to its last sale price?
The current assessment is 14.9% above the last sale price of $57,000.
When was 4912 Furnace Ln built?
4912 Furnace Ln was built in 1960.
How does 4912 Furnace Ln compare to others on Furnace Ln?
We do not currently track other properties on Furnace Ln.
What are the property facts for 4912 Furnace Ln?
4912 Furnace Ln is a 1 bed, 1 bath, 540 sqft, 35,284 sqft lot single_family.
Is 4912 Furnace Ln a flip candidate?
Yes — 4912 Furnace Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4912 Furnace Ln a tax-appeal candidate?
No — 4912 Furnace Ln 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
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Geography