Estimated Value: $570,000 - $712,000
4
Beds
4
Baths
2,944
Sq Ft
$219/Sq Ft
Est. Value
About This Home
This home is located at 120 Ferrum Dr, Salem, VA 24153 and is currently estimated at $646,207, approximately $219 per square foot. 120 Ferrum Dr is a home located in Salem City with nearby schools including East Salem Elementary School, Andrew Lewis Middle School, and Salem High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 13, 2006
Sold by
Charles R Simpson Inc
Bought by
Prosser David A and Prosser Kimberly B
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,950
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 3, 2005
Sold by
Salem Enterprises L L C
Bought by
Charles R Simpson Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Prosser David A | -- | None Available | |
| Charles R Simpson Inc | $157,427 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Prosser David A | $103,950 | |
| Previous Owner | Prosser David A | $415,000 |
Source: Public Records
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,224 | $546,400 | $78,800 | $467,600 |
| 2024 | $3,070 | $511,700 | $74,900 | $436,800 |
| 2023 | $5,598 | $466,500 | $69,300 | $397,200 |
| 2022 | $5,279 | $439,900 | $64,300 | $375,600 |
| 2021 | $5,072 | $422,700 | $61,000 | $361,700 |
| 2020 | $4,796 | $406,400 | $58,200 | $348,200 |
| 2019 | $4,757 | $396,400 | $58,200 | $338,200 |
| 2018 | $4,646 | $393,700 | $55,500 | $338,200 |
| 2017 | $4,893 | $414,700 | $55,500 | $359,200 |
| 2016 | $4,893 | $414,700 | $55,500 | $359,200 |
| 2015 | $5,078 | $430,300 | $57,500 | $372,800 |
| 2014 | $5,078 | $430,300 | $57,500 | $372,800 |
Source: Public Records
Map
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