10 School Ln
Salem, VA 24153
3 bd 1 ba 1,244 sqft Built 1945 Lot 9,583 sqft single_family
Most recent sale
$25,500
Jul 16, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 31, 2023 | Listed | $79,950 | Roanoke |
| Apr 20, 2022 | Price changed | $70,000 | MLS #888239 |
| Apr 4, 2022 | Listed | $85,000 | MLS #888239 |
| Jul 16, 2021 | Sold | $25,500 | MLS #871011 |
| Jul 6, 2020 | Listed | $40,000 | MLS #871011 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | $40,100 | $40,100 | $473 |
| 2023 | — | $36,200 | $36,200 | $434 |
| 2022 | $34,700 | $31,800 | $66,500 | $798 |
| 2021 | $32,400 | $29,300 | $61,700 | $740 |
| 2020 | $30,900 | $29,300 | $60,200 | $722 |
| 2019 | $29,100 | $29,300 | $58,400 | $700 |
| 2018 | $28,900 | $29,300 | $58,200 | $686 |
| 2017 | $28,500 | $29,300 | $57,800 | $682 |
| 2016 | $28,500 | $29,300 | $57,800 | $682 |
| 2015 | $28,900 | $24,000 | $52,900 | $624 |
| 2014 | $28,900 | $24,000 | $52,900 | $624 |
| 2013 | $28,900 | $24,000 | $52,900 | $624 |
| 2012 | $28,900 | $24,000 | $52,900 | $624 |
| 2011 | $28,900 | $24,000 | $52,900 | $624 |
| 2010 | $28,900 | $24,000 | $52,900 | $624 |
| 2009 | $28,900 | $24,000 | $52,900 | $624 |
Property facts
Year built
1945
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
1,244 sqft
Lot size
9,583 sqft
ZIP code
24153
City
Salem
Street
School Ln
Coordinates
37.28899, -80.05702
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$153
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 10 School Ln last sell?
10 School Ln most recently sold on Jul 16, 2021 for $25,500.
What is the current tax assessment for 10 School Ln?
The most recent total assessment for 10 School Ln (year 2025) is $40,100 with $473 in property tax.
How does 10 School Ln's assessment compare to its last sale price?
The current assessment is 57.3% above the last sale price of $25,500.
When was 10 School Ln built?
10 School Ln was built in 1945.
How does 10 School Ln compare to others on School Ln?
We do not currently track other properties on School Ln.
What are the property facts for 10 School Ln?
10 School Ln is a 3 bed, 1 bath, 1,244 sqft, 9,583 sqft lot single_family.
Is 10 School Ln a flip candidate?
No — 10 School Ln does not appear in our flips dataset.
Is 10 School Ln a tax-appeal candidate?
Yes — 10 School Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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