1121 Newman Dr
Salem, VA 24153
4 bd 3 ba 2,496 sqft Built 1995 Lot 16,553 sqft single_family
Most recent sale
$329,000
Oct 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 4, 2022 | Sold | $329,000 | MLS #889777 |
| Aug 22, 2022 | Relisted | $329,000 | MLS #889777 |
| Aug 17, 2022 | Price changed | $329,000 | MLS #889777 |
| Jun 16, 2022 | Price changed | $349,900 | MLS #889777 |
| Jun 10, 2022 | Price changed | $369,900 | MLS #889777 |
| May 28, 2022 | Listed | $379,900 | MLS #889777 |
| Dec 28, 2004 | Sold | $170,000 | Public Record |
| Jan 30, 2004 | Sold | $153,000 | Public Record |
| Jan 1, 2004 | Sold | $153,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $229,500 | $43,300 | $272,800 | $3,219 |
| 2023 | $181,900 | $36,100 | $218,000 | $2,616 |
| 2022 | $177,300 | $33,500 | $210,800 | $2,529 |
| 2021 | $168,800 | $32,000 | $200,800 | $2,410 |
| 2020 | $168,000 | $32,000 | $200,000 | $2,400 |
| 2019 | $164,700 | $32,000 | $196,700 | $2,360 |
| 2018 | $160,100 | $30,400 | $190,500 | $2,247 |
| 2017 | $158,500 | $30,400 | $188,900 | $2,229 |
| 2016 | $158,500 | $30,400 | $188,900 | $2,229 |
| 2015 | $152,600 | $30,000 | $182,600 | $2,155 |
| 2014 | $152,600 | $30,000 | $182,600 | $2,155 |
| 2013 | $152,600 | $30,000 | $182,600 | $2,155 |
| 2012 | $152,600 | $30,000 | $182,600 | $2,155 |
| 2011 | $152,600 | $30,000 | $182,600 | $2,155 |
| 2010 | $152,600 | $29,000 | $181,600 | $2,143 |
| 2009 | $152,600 | $29,000 | $181,600 | $2,143 |
Property facts
Year built
1995
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,496 sqft
Lot size
16,553 sqft
ZIP code
24153
City
Salem
Street
Newman Dr
Coordinates
37.30409, -80.03879
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,744
Gross rental yield
13.66%
Implied cap rate
8.88%
Trend-extrapolated value
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Frequently asked questions
When did 1121 Newman Dr last sell?
1121 Newman Dr most recently sold on Oct 4, 2022 for $329,000.
What is the current tax assessment for 1121 Newman Dr?
The most recent total assessment for 1121 Newman Dr (year 2025) is $272,800 with $3,219 in property tax.
How does 1121 Newman Dr's assessment compare to its last sale price?
The current assessment is 17.1% below the last sale price of $329,000.
When was 1121 Newman Dr built?
1121 Newman Dr was built in 1995.
How does 1121 Newman Dr compare to others on Newman Dr?
We track 8 other properties on Newman Dr. Browse the list under "Other properties on Newman Dr" to compare beds, baths, and sale history.
What are the property facts for 1121 Newman Dr?
1121 Newman Dr is a 4 bed, 3 bath, 2,496 sqft, 16,553 sqft lot single_family.
Is 1121 Newman Dr a flip candidate?
No — 1121 Newman Dr does not appear in our flips dataset.
Is 1121 Newman Dr a tax-appeal candidate?
No — 1121 Newman Dr 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
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