349 Red Ln
Salem, VA 24153
3 bd 2 ba 1,360 sqft Built 1950 Lot 9,583 sqft single_family
Most recent sale
$205,000
May 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 31, 2022 | Sold | $205,000 | MLS #888177 |
| Apr 1, 2022 | Listed | $215,000 | MLS #888177 |
| Sep 24, 2021 | Listed | $225,000 | MLS #884004 |
| May 14, 2018 | Sold | $105,000 | MLS #846904 |
| Apr 9, 2018 | Listed | $124,500 | MLS #846904 |
| Sep 17, 2015 | Sold | $47,000 | MLS #800856 |
| Mar 17, 2014 | Sold | $47,000 | Public Record |
| Feb 21, 2014 | Listed | $49,000 | MLS #800856 |
| Jan 1, 2014 | Sold | $47,000 | Public Record |
| Nov 14, 2013 | Sold | $67,740 | Public Record |
| Jan 1, 2013 | Sold | $67,740 | Public Record |
| Jan 15, 1980 | Sold | $24,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $174,400 | $54,200 | $228,600 | $2,697 |
| 2023 | $144,800 | $48,900 | $193,700 | $2,324 |
| 2022 | $111,600 | $46,900 | $158,500 | $1,902 |
| 2021 | $104,300 | $44,800 | $149,100 | $1,789 |
| 2020 | $101,000 | $42,800 | $143,800 | $1,725 |
| 2019 | $93,500 | $40,800 | $134,300 | $1,611 |
| 2018 | $81,000 | $36,700 | $117,700 | $1,388 |
| 2017 | $80,100 | $36,700 | $116,800 | $1,378 |
| 2016 | $80,600 | $36,700 | $117,300 | $1,384 |
| 2015 | $83,700 | $33,000 | $116,700 | $1,377 |
| 2014 | $83,700 | $33,000 | $116,700 | $1,377 |
| 2013 | $83,700 | $33,000 | $116,700 | $1,377 |
| 2012 | $83,700 | $33,000 | $116,700 | $1,377 |
| 2011 | $83,700 | $33,000 | $116,700 | $1,377 |
| 2010 | $83,700 | $31,500 | $115,200 | $1,359 |
| 2009 | $83,700 | $31,500 | $115,200 | $1,359 |
Property facts
Year built
1950
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,360 sqft
Lot size
9,583 sqft
ZIP code
24153
City
Salem
Street
Red Ln
Coordinates
37.29744, -80.05896
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,040
Gross rental yield
11.94%
Implied cap rate
7.76%
Trend-extrapolated value
—
Frequently asked questions
When did 349 Red Ln last sell?
349 Red Ln most recently sold on May 31, 2022 for $205,000.
What is the current tax assessment for 349 Red Ln?
The most recent total assessment for 349 Red Ln (year 2025) is $228,600 with $2,697 in property tax.
How does 349 Red Ln's assessment compare to its last sale price?
The current assessment is 11.5% above the last sale price of $205,000.
When was 349 Red Ln built?
349 Red Ln was built in 1950.
How does 349 Red Ln compare to others on Red Ln?
We track 8 other properties on Red Ln. Browse the list under "Other properties on Red Ln" to compare beds, baths, and sale history.
What are the property facts for 349 Red Ln?
349 Red Ln is a 3 bed, 2 bath, 1,360 sqft, 9,583 sqft lot single_family.
Is 349 Red Ln a flip candidate?
No — 349 Red Ln does not appear in our flips dataset.
Is 349 Red Ln a tax-appeal candidate?
No — 349 Red Ln 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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