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3309 Locust Grove Ln

Salem, VA 24153

3 bd 3 ba 1,932 sqft Built 1982 Lot 6,970 sqft single_family
Most recent sale
$319,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $319,000 MLS #887284
Feb 28, 2022 Listed $319,950 MLS #887284
Jul 1, 1994 Sold $100,000 Public Record
Jun 1, 1992 Sold $91,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $279,800 $55,000 $334,800 $3,448
2023 $242,900 $48,000 $290,900 $3,083
2022 $180,300 $44,000 $224,300 $2,444
2021 $165,000 $39,000 $204,000 $2,224
2020 $154,300 $39,000 $193,300 $2,106
2018 $149,600 $39,000 $188,600 $2,055
2017 $142,000 $39,000 $181,000 $1,972
2016 $140,300 $39,000 $179,300 $1,954
2015 $140,300 $39,000 $179,300 $1,954
2014 $137,500 $37,000 $174,500 $1,902
2013 $139,200 $37,000 $176,200 $1,920
2012 $140,800 $39,000 $179,800 $1,959
2011 $140,800 $39,000 $179,800 $1,959
2010 $140,600 $39,000 $179,600 $1,958
2009 $138,800 $36,000 $174,800 $1,943
2008 $138,800 $36,000 $174,800 $1,905
2007 $131,100 $32,000 $163,100 $1,777

Property facts

Year built
1982
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,932 sqft
Lot size
6,970 sqft
ZIP code
24153
City
Salem
Street
Locust Grove Ln
Coordinates
37.28231, -80.11599

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
$2,898
Gross rental yield
10.90%
Implied cap rate
7.09%
Trend-extrapolated value

Frequently asked questions

When did 3309 Locust Grove Ln last sell?
3309 Locust Grove Ln most recently sold on Apr 29, 2022 for $319,000.
What is the current tax assessment for 3309 Locust Grove Ln?
The most recent total assessment for 3309 Locust Grove Ln (year 2025) is $334,800 with $3,448 in property tax.
How does 3309 Locust Grove Ln's assessment compare to its last sale price?
The current assessment is 5.0% above the last sale price of $319,000.
When was 3309 Locust Grove Ln built?
3309 Locust Grove Ln was built in 1982.
How does 3309 Locust Grove Ln compare to others on Locust Grove Ln?
We track 8 other properties on Locust Grove Ln. Browse the list under "Other properties on Locust Grove Ln" to compare beds, baths, and sale history.
What are the property facts for 3309 Locust Grove Ln?
3309 Locust Grove Ln is a 3 bed, 3 bath, 1,932 sqft, 6,970 sqft lot single_family.
Is 3309 Locust Grove Ln a flip candidate?
No — 3309 Locust Grove Ln does not appear in our flips dataset.
Is 3309 Locust Grove Ln a tax-appeal candidate?
No — 3309 Locust Grove Ln 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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