1206 Terrace Dr
Salem, VA 24153
Lot 44,431 sqft land
Most recent sale
$42,000
Feb 22, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 7, 2022 | Listed | $99,000 | MLS #886174 |
| Feb 22, 2021 | Sold | $42,000 | MLS #876347 |
| Jan 17, 2021 | Listed | $42,000 | MLS #876347 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $421,500 | $40,500 | $462,000 | $4,758 |
| 2023 | — | $33,200 | $33,200 | $351 |
| 2022 | — | $33,200 | $33,200 | $361 |
| 2021 | — | $33,200 | $33,200 | $361 |
| 2020 | — | $32,300 | $32,300 | $352 |
| 2018 | — | $36,100 | $36,100 | $393 |
| 2017 | — | $36,100 | $36,100 | $393 |
| 2016 | — | $36,100 | $36,100 | $393 |
| 2015 | — | $36,100 | $36,100 | $393 |
| 2014 | — | $36,100 | $36,100 | $393 |
| 2013 | — | $36,100 | $36,100 | $393 |
| 2012 | — | $39,000 | $39,000 | $425 |
| 2011 | — | $39,000 | $39,000 | $425 |
| 2008 | — | $34,200 | $34,200 | $372 |
| 2007 | — | $32,300 | $32,300 | $352 |
Property facts
Year built
—
Property type
land
Stories
—
Beds
—
Baths
—
Living area
—
Lot size
44,431 sqft
ZIP code
24153
City
Salem
Street
Terrace Dr
Coordinates
37.26846, -80.10688
Frequently asked questions
When did 1206 Terrace Dr last sell?
1206 Terrace Dr most recently sold on Feb 22, 2021 for $42,000.
What is the current tax assessment for 1206 Terrace Dr?
The most recent total assessment for 1206 Terrace Dr (year 2025) is $462,000 with $4,758 in property tax.
How does 1206 Terrace Dr's assessment compare to its last sale price?
The current assessment is 1,000.0% above the last sale price of $42,000.
When was 1206 Terrace Dr built?
The year built for 1206 Terrace Dr is not in our records.
How does 1206 Terrace Dr compare to others on Terrace Dr?
We track 8 other properties on Terrace Dr. Browse the list under "Other properties on Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 1206 Terrace Dr?
1206 Terrace Dr is a 44,431 sqft lot land.
Is 1206 Terrace Dr a flip candidate?
No — 1206 Terrace Dr does not appear in our flips dataset.
Is 1206 Terrace Dr a tax-appeal candidate?
Yes — 1206 Terrace Dr 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
ZIP 24153 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Dr