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1698 Red Lane Ext

Salem, VA 24153

4 bd 4 ba 2,598 sqft Built 2016 Lot 40,075 sqft single_family
Most recent sale
$389,500
Apr 18, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2024 Sold $389,500 Roanoke
Mar 5, 2024 Listed $389,500 Roanoke
Dec 11, 2020 Sold $286,000 Roanoke
Sep 6, 2020 Price changed $285,000 Roanoke
Aug 18, 2020 Price changed $295,000 Roanoke
Jul 24, 2020 Price changed $305,000 Roanoke
Jul 17, 2020 Price changed $319,900 Roanoke
Jul 10, 2020 Price changed $324,995 Roanoke
Jun 29, 2020 Listed $329,999 Roanoke
Dec 18, 2018 Listing removed $213,450 Roanoke
Jul 28, 2017 Sold $213,450 Roanoke
May 26, 2017 Listing removed $194,950 Roanoke
May 26, 2017 Listed $194,950 Roanoke
May 22, 2017 Price changed $194,950 Roanoke
Apr 27, 2017 Listed $199,950 Roanoke
Apr 27, 2017 Listing removed $199,950 Roanoke
Apr 10, 2017 Price changed $199,950 Roanoke
Apr 4, 2017 Listed $194,950 Roanoke
Apr 4, 2017 Listing removed $194,950 Roanoke
Mar 15, 2017 Price changed $194,950 Roanoke
Feb 24, 2017 Price changed $199,950 Roanoke
Oct 11, 2016 Price changed $206,450 Roanoke
Sep 15, 2016 Listed $204,950 Roanoke
Feb 27, 2013 Listing removed $199,950 Roanoke
Feb 18, 2013 Relisted $199,950 Roanoke
Feb 11, 2013 Listing removed $199,950 Roanoke
Nov 9, 2012 Listed $199,950 Roanoke
Oct 29, 2012 Listing removed $159,950 Roanoke
Oct 15, 2012 Listed $159,950 Roanoke
Oct 1, 2012 Listing removed $159,950 Roanoke
Jun 22, 2012 Listing removed $159,950 Roanoke
Jun 22, 2012 Listed $159,950 Roanoke
May 11, 2012 Listed $159,950 Roanoke
Apr 1, 2004 Sold $195,500 Public Record
Jun 1, 2002 Sold $250,000 Public Record
Feb 1, 2001 Sold $250,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $281,800 $58,000 $339,800 $3,499
2023 $228,900 $46,000 $274,900 $2,913
2022 $216,200 $46,000 $262,200 $2,857
2021 $193,400 $41,000 $234,400 $2,554
2020 $182,700 $37,000 $219,700 $2,394
2018 $168,700 $40,000 $208,700 $2,274
2017 $143,400 $40,000 $183,400 $1,999
2016 $33,200 $33,200 $361
2015 $32,300 $32,300 $352
2014 $32,300 $32,300 $352
2013 $32,300 $32,300 $352
2012 $34,000 $34,000 $370
2011 $34,000 $34,000 $370
2008 $12,900 $12,900 $140
2007 $11,600 $11,600 $126

Property facts

Year built
2016
Property type
single_family
Stories
Beds
4
Baths
4
Living area
2,598 sqft
Lot size
40,075 sqft
ZIP code
24153
City
Salem
Street
Red Lane Ext
Coordinates
37.31956, -80.06423

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,897
Gross rental yield
12.01%
Implied cap rate
7.80%
Trend-extrapolated value

Frequently asked questions

When did 1698 Red Lane Ext last sell?
1698 Red Lane Ext most recently sold on Apr 18, 2024 for $389,500.
What is the current tax assessment for 1698 Red Lane Ext?
The most recent total assessment for 1698 Red Lane Ext (year 2025) is $339,800 with $3,499 in property tax.
How does 1698 Red Lane Ext's assessment compare to its last sale price?
The current assessment is 12.8% below the last sale price of $389,500.
When was 1698 Red Lane Ext built?
1698 Red Lane Ext was built in 2016.
How does 1698 Red Lane Ext compare to others on Red Lane Ext?
We track 8 other properties on Red Lane Ext. Browse the list under "Other properties on Red Lane Ext" to compare beds, baths, and sale history.
What are the property facts for 1698 Red Lane Ext?
1698 Red Lane Ext is a 4 bed, 4 bath, 2,598 sqft, 40,075 sqft lot single_family.
Is 1698 Red Lane Ext a flip candidate?
No — 1698 Red Lane Ext does not appear in our flips dataset.
Is 1698 Red Lane Ext a tax-appeal candidate?
No — 1698 Red Lane Ext is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly 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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