1535 E Main St, Salem, VA 24153 Property Records

Salem City property record for 1535 E Main St, Salem, VA 24153 · Last verified April 2024

Property Summary

Property Type	Hotel/Motel
Details	72 ba · built 1974
Lot Size	1.68 acres (73,529 sqft)
Owner	Company Name on File
Last Sale	$3,100,000 (Mar 2024)
Tax Bill	$20,618 (2023)
Deeds & Mortgages	Mar 2024 Sale & Line of Credit
Flood Zone	Zone X (moderate risk)
APN	`81-2-3`

Property Details

APN / Parcel Number

Primary APN	`81-2-3`
Alternative APN	`9863`

Interior

Full Baths	72 Baths
Total Rooms	71 Rooms
Stories	2 Stories
Flooring	Concrete/Cement
Interior Walls	Finished/Painted

Exterior

Year Built	Built 1974
Exterior Material	Block
Foundation Type	Concrete
Roof Material	Tar & Gravel
Lot Area	73,529 sqft (1.68 acres)

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Heating Fuel	Oil
Sewer	Connected

Location & Zoning

Account Number	9863
Street Address	1535 E MAIN ST
City	SALEM
State	VA
Zip	24153-4407
Property Category	Commercial
Property Type	Commercial > Retail > Hotel/Motel
Legal Description	PARCEL 2 1.688 AC LKA INC & EASTERN MOTOR INNS INC
Legal Subdivision	LA INC PROP
Jurisdiction	SALEM CITY VA
Township / Civil Division	SALEM
Census Block Group	1
Census Block	1007
Census Tract	10100

Owner

Source: Salem City records · APN 81-2-3

Assessment roll updated January 1, 2023 · Last verified April 2024

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on File
Mailing Address	1535 E MAIN ST, SALEM, VA 24153-4407
Occupancy	Owner Occupied
Owner Type	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Mar 26, 2024 · Amount on Record
Deed Sale	Mar 26, 2024 · Amount on Record
Prior Sale	Jan 28, 2009
Deed Document Number	240000552
Record Updated	Jun 07, 2026

March 2024: Deed, Transfer

Document Type	Deed
Jurisdiction	SALEM CITY VA
Recording Date	Mar 26, 2024
Property Address	1535 E MAIN ST, SALEM, VA 24153-4407
Document Number	0000000552
Map Reference	MB 10 PG 58&59
Instrument Date	Mar 22, 2024
Instrument	240000552
Transaction Type	Transfer
Record Updated	Apr 09, 2024
Title Company	ACCOMMODATION

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$1,550.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1535 E MAIN ST, SALEM, VA 24153-4407

Mortgage

Document Number	0000000553
Date	Mar 26, 2024
Instrument	240000553

Lender

Name	BANK OF BOTETOURT
Type	Bank
Address	TROUTVILLE, VA 24175

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	312 Months
Due	Mar 25, 2050

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

Tax Assessment & Valuation

Source: Salem City records · Assessment roll updated January 1, 2023 · Last verified April 2024

Property Jurisdictions

Type	Name
State	Virginia
Municipality	Salem City
Unified School District	Salem City Public Schools (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2023	$20,618.00	$1,718,200 Land $449,400 Building $1,268,800	$1,718,200 Land $449,400 Building $1,268,800

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, County delivery 51161C updated December 21, 2023 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Flood Hazard	Moderate
500-Year Floodplain	Yes
Special Flood Hazard Area	No
Nearest Special Flood Hazard Area	Zone AE, within 100 ft

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.