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300 Lake Ave

Salem, VA 24153

3 bd 2 ba 1,300 sqft Built 1957 Lot 10,656 sqft single_family
Most recent sale
$220,000
Feb 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 4, 2022 Sold $220,000 MLS #885887
Dec 16, 2021 Listed $224,950 MLS #885887
Dec 20, 2019 Sold $170,000 Public Record
Oct 15, 1993 Sold $77,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $188,100 $47,800 $235,900 $2,783
2023 $155,100 $43,700 $198,800 $2,385
2022 $144,800 $38,600 $183,400 $2,200
2021 $127,500 $36,000 $163,500 $1,962
2020 $124,200 $33,400 $157,600 $1,891
2019 $121,500 $33,400 $154,900 $1,859
2018 $120,200 $33,400 $153,600 $1,812
2017 $117,600 $33,400 $151,000 $1,782
2016 $117,600 $33,400 $151,000 $1,782
2015 $118,500 $33,500 $152,000 $1,794
2014 $118,500 $33,500 $152,000 $1,794
2013 $118,500 $33,500 $152,000 $1,794
2012 $118,500 $33,500 $152,000 $1,794
2011 $118,500 $33,500 $152,000 $1,794
2010 $118,500 $32,500 $151,000 $1,782
2009 $118,500 $32,500 $151,000 $1,782

Property facts

Year built
1957
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,300 sqft
Lot size
10,656 sqft
ZIP code
24153
City
Salem
Street
Lake Ave
Coordinates
37.29364, -80.07376

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
$1,950
Gross rental yield
10.64%
Implied cap rate
6.91%
Trend-extrapolated value

Frequently asked questions

When did 300 Lake Ave last sell?
300 Lake Ave most recently sold on Feb 4, 2022 for $220,000.
What is the current tax assessment for 300 Lake Ave?
The most recent total assessment for 300 Lake Ave (year 2025) is $235,900 with $2,783 in property tax.
How does 300 Lake Ave's assessment compare to its last sale price?
The current assessment is 7.2% above the last sale price of $220,000.
When was 300 Lake Ave built?
300 Lake Ave was built in 1957.
How does 300 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 300 Lake Ave?
300 Lake Ave is a 3 bed, 2 bath, 1,300 sqft, 10,656 sqft lot single_family.
Is 300 Lake Ave a flip candidate?
No — 300 Lake Ave does not appear in our flips dataset.
Is 300 Lake Ave a tax-appeal candidate?
No — 300 Lake Ave 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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