505 Main St
Salem, VA 24153
2 bd 2 ba 1,176 sqft Built 1987 condos
Most recent sale
$205,500
Aug 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 19, 2022 | Sold | $205,500 | MLS #890944 |
| Jun 30, 2022 | Listed | $199,000 | MLS #890944 |
| Oct 29, 2021 | Sold | $170,000 | MLS #883361 |
| Sep 17, 2015 | Sold | $115,000 | MLS #801815 |
| Aug 28, 2014 | Relisted | $124,950 | MLS #801815 |
| Jul 22, 2014 | Listing removed | $124,950 | Roanoke |
| Mar 24, 2014 | Listed | $124,950 | MLS #801815 |
Tax assessment history
No tax assessment data
No assessment history available for this parcel.
Property facts
Year built
1987
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
1,176 sqft
Lot size
—
ZIP code
24153
City
Salem
Street
Main St
Coordinates
37.29189, -80.06703
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,764
Gross rental yield
10.30%
Implied cap rate
6.70%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Main St last sell?
505 Main St most recently sold on Aug 19, 2022 for $205,500.
What is the current tax assessment for 505 Main St?
No tax-assessment history is recorded for this parcel.
When was 505 Main St built?
505 Main St was built in 1987.
How does 505 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 505 Main St?
505 Main St is a 2 bed, 2 bath, 1,176 sqft condos.
Is 505 Main St a flip candidate?
Yes — 505 Main St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 505 Main St a tax-appeal candidate?
No — 505 Main St 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
Other properties on Main St