227 Parkwood Ave
Salem, VA 24153
5 bd 3 ba 2,920 sqft Built 1963 Lot 13,504 sqft single_family
Most recent sale
$306,000
Feb 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 11, 2022 | Sold | $306,000 | MLS #886087 |
| Jan 3, 2022 | Listed | $308,000 | MLS #886087 |
| Mar 11, 1997 | Sold | $140,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $232,200 | $46,800 | $279,000 | $3,292 |
| 2023 | $209,100 | $41,900 | $251,000 | $3,012 |
| 2022 | $191,800 | $36,900 | $228,700 | $2,744 |
| 2021 | $186,400 | $33,500 | $219,900 | $2,639 |
| 2020 | $179,500 | $33,500 | $213,000 | $2,556 |
| 2019 | $177,800 | $33,500 | $211,300 | $2,536 |
| 2018 | $177,800 | $33,500 | $211,300 | $2,493 |
| 2017 | $175,500 | $33,500 | $209,000 | $2,466 |
| 2016 | $175,500 | $33,500 | $209,000 | $2,466 |
| 2015 | $173,000 | $34,000 | $207,000 | $2,443 |
| 2014 | $173,000 | $34,000 | $207,000 | $2,443 |
| 2013 | $173,000 | $34,000 | $207,000 | $2,443 |
| 2012 | $173,000 | $34,000 | $207,000 | $2,443 |
| 2011 | $173,000 | $34,000 | $207,000 | $2,443 |
| 2010 | $173,000 | $32,500 | $205,500 | $2,425 |
| 2009 | $173,000 | $32,500 | $205,500 | $2,425 |
Property facts
Year built
1963
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,920 sqft
Lot size
13,504 sqft
ZIP code
24153
City
Salem
Street
Parkwood Ave
Coordinates
37.28517, -80.10963
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,836
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 227 Parkwood Ave last sell?
227 Parkwood Ave most recently sold on Feb 11, 2022 for $306,000.
What is the current tax assessment for 227 Parkwood Ave?
The most recent total assessment for 227 Parkwood Ave (year 2025) is $279,000 with $3,292 in property tax.
How does 227 Parkwood Ave's assessment compare to its last sale price?
The current assessment is 8.8% below the last sale price of $306,000.
When was 227 Parkwood Ave built?
227 Parkwood Ave was built in 1963.
How does 227 Parkwood Ave compare to others on Parkwood Ave?
We track 8 other properties on Parkwood Ave. Browse the list under "Other properties on Parkwood Ave" to compare beds, baths, and sale history.
What are the property facts for 227 Parkwood Ave?
227 Parkwood Ave is a 5 bed, 3 bath, 2,920 sqft, 13,504 sqft lot single_family.
Is 227 Parkwood Ave a flip candidate?
No — 227 Parkwood Ave does not appear in our flips dataset.
Is 227 Parkwood Ave a tax-appeal candidate?
No — 227 Parkwood 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 Parkwood Ave