1516 Kathryn Ln
Salem, VA 24153
3 bd 2 ba 1,151 sqft Built 1960 Lot 15,682 sqft single_family
Most recent sale
$225,000
May 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 10, 2022 | Sold | $225,000 | MLS #888875 |
| Apr 25, 2022 | Listed | $225,000 | MLS #888875 |
| Dec 16, 2002 | Sold | $138,950 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $173,800 | $46,000 | $219,800 | $2,593 |
| 2023 | $140,800 | $42,100 | $182,900 | $2,194 |
| 2022 | $122,700 | $37,100 | $159,800 | $1,917 |
| 2021 | $116,900 | $34,600 | $151,500 | $1,818 |
| 2020 | $111,900 | $34,600 | $146,500 | $1,758 |
| 2019 | $105,200 | $34,600 | $139,800 | $1,678 |
| 2018 | $104,100 | $33,200 | $137,300 | $1,620 |
| 2017 | $101,800 | $33,200 | $135,000 | $1,593 |
| 2016 | $101,800 | $33,200 | $135,000 | $1,593 |
| 2015 | $100,700 | $33,500 | $134,200 | $1,584 |
| 2014 | $100,700 | $33,500 | $134,200 | $1,584 |
| 2013 | $100,700 | $33,500 | $134,200 | $1,584 |
| 2012 | $100,700 | $33,500 | $134,200 | $1,584 |
| 2011 | $100,700 | $33,500 | $134,200 | $1,584 |
| 2010 | $100,700 | $32,500 | $133,200 | $1,572 |
| 2009 | $100,700 | $32,500 | $133,200 | $1,572 |
Property facts
Year built
1960
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,151 sqft
Lot size
15,682 sqft
ZIP code
24153
City
Salem
Street
Kathryn Ln
Coordinates
37.29221, -80.08331
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,727
Gross rental yield
9.21%
Implied cap rate
5.99%
Trend-extrapolated value
—
Frequently asked questions
When did 1516 Kathryn Ln last sell?
1516 Kathryn Ln most recently sold on May 10, 2022 for $225,000.
What is the current tax assessment for 1516 Kathryn Ln?
The most recent total assessment for 1516 Kathryn Ln (year 2025) is $219,800 with $2,593 in property tax.
How does 1516 Kathryn Ln's assessment compare to its last sale price?
The current assessment is 2.3% below the last sale price of $225,000.
When was 1516 Kathryn Ln built?
1516 Kathryn Ln was built in 1960.
How does 1516 Kathryn Ln compare to others on Kathryn Ln?
We track 5 other properties on Kathryn Ln. Browse the list under "Other properties on Kathryn Ln" to compare beds, baths, and sale history.
What are the property facts for 1516 Kathryn Ln?
1516 Kathryn Ln is a 3 bed, 2 bath, 1,151 sqft, 15,682 sqft lot single_family.
Is 1516 Kathryn Ln a flip candidate?
No — 1516 Kathryn Ln does not appear in our flips dataset.
Is 1516 Kathryn Ln a tax-appeal candidate?
No — 1516 Kathryn 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
Explore nearby
Geography
Other properties on Kathryn Ln