405 Market St
Salem, VA 24153
2 bd 1 ba 775 sqft Built 1945 Lot 4,150 sqft single_family
Most recent sale
$127,000
Apr 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 13, 2022 | Sold | $127,000 | MLS #887718 |
| Mar 16, 2022 | Listed | $99,999 | MLS #887718 |
| Sep 17, 2015 | Sold | $40,000 | MLS #792923 |
| Sep 9, 2014 | Sold | $65,000 | Public Record |
| Jul 13, 2014 | Listed | $69,950 | MLS #805896 |
| Dec 6, 2013 | Sold | $40,000 | Public Record |
| Oct 18, 2013 | Price changed | $50,700 | MLS #792923 |
| Sep 17, 2013 | Price changed | $54,600 | MLS #792923 |
| Aug 15, 2013 | Price changed | $62,400 | MLS #792923 |
| May 15, 2013 | Listed | $70,200 | MLS #792923 |
| Jan 1, 2013 | Sold | $40,000 | Public Record |
| Oct 26, 2006 | Sold | $90,000 | Public Record |
| Jan 1, 2006 | Sold | $90,000 | Public Record |
| Feb 19, 2004 | Sold | $87,000 | Public Record |
| Jan 1, 2004 | Sold | $87,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $105,300 | $16,400 | $121,700 | $1,436 |
| 2023 | $84,700 | $14,800 | $99,500 | $1,194 |
| 2022 | $67,800 | $13,000 | $80,800 | $969 |
| 2021 | $61,800 | $12,000 | $73,800 | $886 |
| 2020 | $59,700 | $12,000 | $71,700 | $860 |
| 2019 | $54,400 | $12,000 | $66,400 | $796 |
| 2018 | $52,900 | $12,000 | $64,900 | $765 |
| 2017 | $52,200 | $12,000 | $64,200 | $757 |
| 2016 | $52,200 | $12,000 | $64,200 | $757 |
| 2015 | $70,100 | $7,900 | $78,000 | $920 |
| 2014 | $70,100 | $7,900 | $78,000 | $920 |
| 2013 | $70,100 | $7,900 | $78,000 | $920 |
| 2012 | $70,100 | $7,900 | $78,000 | $920 |
| 2011 | $70,100 | $7,900 | $78,000 | $920 |
| 2010 | $70,100 | $7,900 | $78,000 | $920 |
| 2009 | $70,100 | $7,900 | $78,000 | $920 |
Property facts
Year built
1945
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
775 sqft
Lot size
4,150 sqft
ZIP code
24153
City
Salem
Street
Market St
Coordinates
37.28872, -80.05609
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
$1,163
Gross rental yield
10.99%
Implied cap rate
7.14%
Trend-extrapolated value
—
Frequently asked questions
When did 405 Market St last sell?
405 Market St most recently sold on Apr 13, 2022 for $127,000.
What is the current tax assessment for 405 Market St?
The most recent total assessment for 405 Market St (year 2025) is $121,700 with $1,436 in property tax.
How does 405 Market St's assessment compare to its last sale price?
The current assessment is 4.2% below the last sale price of $127,000.
When was 405 Market St built?
405 Market St was built in 1945.
How does 405 Market St compare to others on Market St?
We track 8 other properties on Market St. Browse the list under "Other properties on Market St" to compare beds, baths, and sale history.
What are the property facts for 405 Market St?
405 Market St is a 2 bed, 1 bath, 775 sqft, 4,150 sqft lot single_family.
Is 405 Market St a flip candidate?
No — 405 Market St does not appear in our flips dataset.
Is 405 Market St a tax-appeal candidate?
No — 405 Market 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 Market St