622 Palmer Ave
Salem, VA 24153
3 bd 2 ba 1,001 sqft Built 1990 Lot 7,500 sqft single_family
Most recent sale
$189,000
Mar 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 26, 2024 | Sold | $247,000 | Roanoke |
| Jun 27, 2024 | Listed | $244,950 | Roanoke |
| Mar 2, 2022 | Sold | $189,000 | MLS #886283 |
| Jan 13, 2022 | Listed | $189,500 | MLS #886283 |
| Nov 7, 2012 | Sold | $129,900 | Public Record |
| Oct 7, 2012 | Listing removed | $129,900 | Roanoke |
| Sep 5, 2012 | Price changed | $129,900 | MLS #784780 |
| Aug 19, 2012 | Listed | $132,500 | MLS #784780 |
| Aug 16, 2012 | Sold | $88,131 | Public Record |
| Jun 1, 2012 | Listing removed | $146,495 | Roanoke |
| Jan 1, 2012 | Sold | $129,900 | Public Record |
| Aug 29, 2011 | Price changed | $146,495 | MLS #773342 |
| Jul 25, 2011 | Listed | $149,775 | MLS #773342 |
| Jul 6, 2009 | Sold | $139,950 | Public Record |
| May 24, 2009 | Listing removed | $139,950 | Roanoke |
| May 19, 2009 | Listed | $139,950 | MLS #745114 |
| Jan 1, 2009 | Sold | $139,950 | Public Record |
| Aug 18, 2008 | Listed | $149,000 | MLS #735813 |
| Nov 19, 1999 | Sold | $42,000 | Public Record |
| Apr 15, 1990 | Sold | $55,700 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $170,200 | $37,700 | $207,900 | $2,453 |
| 2023 | $130,100 | $34,800 | $164,900 | $1,978 |
| 2022 | $114,100 | $30,900 | $145,000 | $1,740 |
| 2021 | $105,600 | $29,500 | $135,100 | $1,621 |
| 2020 | $101,400 | $29,500 | $130,900 | $1,571 |
| 2019 | $91,800 | $29,500 | $121,300 | $1,456 |
| 2018 | $90,700 | $28,000 | $118,700 | $1,400 |
| 2017 | $89,500 | $28,000 | $117,500 | $1,387 |
| 2016 | $94,100 | $28,000 | $122,100 | $1,441 |
| 2015 | $90,900 | $26,100 | $117,000 | $1,381 |
| 2014 | $90,900 | $26,100 | $117,000 | $1,381 |
| 2013 | $90,900 | $26,100 | $117,000 | $1,381 |
| 2012 | $90,900 | $26,100 | $117,000 | $1,381 |
| 2011 | $90,900 | $26,100 | $117,000 | $1,381 |
| 2010 | $90,900 | $26,100 | $117,000 | $1,657 |
| 2009 | $90,900 | $26,100 | $117,000 | $1,381 |
Property facts
Year built
1990
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,001 sqft
Lot size
7,500 sqft
ZIP code
24153
City
Salem
Street
Palmer Ave
Coordinates
37.27729, -80.06385
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,502
Gross rental yield
9.54%
Implied cap rate
6.20%
Trend-extrapolated value
—
Frequently asked questions
When did 622 Palmer Ave last sell?
622 Palmer Ave most recently sold on Mar 2, 2022 for $189,000.
What is the current tax assessment for 622 Palmer Ave?
The most recent total assessment for 622 Palmer Ave (year 2025) is $207,900 with $2,453 in property tax.
How does 622 Palmer Ave's assessment compare to its last sale price?
The current assessment is 10.0% above the last sale price of $189,000.
When was 622 Palmer Ave built?
622 Palmer Ave was built in 1990.
How does 622 Palmer Ave compare to others on Palmer Ave?
We track 8 other properties on Palmer Ave. Browse the list under "Other properties on Palmer Ave" to compare beds, baths, and sale history.
What are the property facts for 622 Palmer Ave?
622 Palmer Ave is a 3 bed, 2 bath, 1,001 sqft, 7,500 sqft lot single_family.
Is 622 Palmer Ave a flip candidate?
No — 622 Palmer Ave does not appear in our flips dataset.
Is 622 Palmer Ave a tax-appeal candidate?
No — 622 Palmer Ave 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
Geography
Other properties on Palmer Ave