NOT LISTED FOR SALE

121 Ferrum Dr Salem, VA 24153

Estimated Value: $556,321 - $629,000

4 Beds
3 Baths
2,602 Sq Ft
$232/Sq Ft Est. Value

Sale Details

Date Sold: August 24, 2021

Last sale price $455,000 $175 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,502 / mo

55 Days on Market

Highlights

  • Front Porch
  • Walk-In Closet
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage
  • Patio
  • Ceiling Fan

About This Home

As of August 2021

Immaculate One-Level Living Brick Home in the HomePlace Salem, offering 4 beds 3 baths, 9'ceilings through-out, Master on the main w/ additional full bath and bedroom on the main level, Counter height vanities w/ granite tops in all bathrooms, Granite counter tops with stainless appliances and under cabinet lighting that accent the main level open concept, plentiful storage throughout, maintenance free exterior, custom cottage blinds throughout, Freshly painted (07/21), all new LED lighting through-out (06/21) and all landscaping was been updated (07/2021), all situated on a corner lot, ready for new memories to be made. Driveway resealed (7/21)! Come See What This Home Can Do For You!!

Last Agent to Sell the Property

Shannon Hall

BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN License #0225223435 Listed on: 06/16/2021

BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN

Last Buyer's Agent

Dale Clark

THE GOOD SIGN REAL ESTATE CO. License #0225235418

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,363

Year Built

  • Built in 2016

Lot Details

  • 13,504 Sq Ft Lot
  • Level Lot

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Patio Home
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,602 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Doors
  • Great Room with Fireplace

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Patio
  • Front Porch

Schools

  • East Salem Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Dave Prosser Association

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,363

Year Built

Built in 2016

Lot Details

0.31 Acres

HOA Fees

$10 per month

Listing Details

  • Interior Features: Ceiling Fan, Gas Log Fireplace, Walk-in-Closet
  • Heating System: Forced Air Gas
  • Fireplace(s): Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Patio, Paved Driveway
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 2602.00
  • ExteriorDoors: Insulated, Metal
  • Fireplace Number Fireplaces: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • NumberPrimCovSpaces: 2.00
  • Phone Email: prosserda@yahoo.com
  • P O A Condo Contact Name: Dave Prosser
  • POACondoDues: 125.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Patio
  • SubdivisionMap: Homeplace Salem
  • Total Above Grd Fin S Q F T: 2602
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2602.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Underground Util

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.31
  • Lot: 1

Building Info

  • Year Built: 2016

Tax Info

  • Taxes (6 mo): 4363.00

MLS Schools

  • Elementary School: East Salem
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Aug 17, 2021
Sold by
Bought by
Seller's Agent
Shannon Hall
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
Buyer's Agent
Dale Clark
THE GOOD SIGN REAL ESTATE CO.
List Price
$464,950
Sold Price
$455,000
Premium/Discount to List
-$9,950
-2.14%
Current Estimated Value
$604,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,080
Avg. Annual Appreciation
5.99%
Original Mortgage
$215,000
Outstanding Balance
$195,502
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$408,578

Purchase Details

Listed on
Apr 6, 2021
Closed on
Jun 10, 2021
Sold by
Bought by
Seller's Agent
Ginny Shelton
RE/MAX ALL POINTS
Buyer's Agent
Shannon Hall
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
List Price
$394,000
Sold Price
$394,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
113.32%

Purchase Details

Listed on
Jul 9, 2016
Closed on
Jun 22, 2017
Sold by
Bought by
Seller's Agent
Julie Arthur
MKB, REALTORS(r)
Buyer's Agent
John Rokisky
MAC WESTLAND REAL ESTATE GROUP
List Price
$369,950
Sold Price
$355,000
Premium/Discount to List
-$14,950
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%
Original Mortgage
$284,000
Interest Rate
4.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$455,000 Old Republic Natl Ttl Ins Co
$394,000 Accommodation
$355,000 First American Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $215,000
Previous Owner $284,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2021 08/24/21 Sold $455,000 -2.1% $175 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $464,950 +18.0% $179 / Sq Ft
06/15/2021 06/15/21 Sold $394,000 0.0% $151 / Sq Ft View Prior Sale
04/06/2021 04/06/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $394,000 +11.0% $151 / Sq Ft
06/29/2017 06/29/17 Sold $355,000 -4.0% $136 / Sq Ft View Prior Sale
05/30/2017 05/30/17 Pending -- -- --
07/09/2016 07/09/16 For Sale $369,950 -- $142 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,984 $505,800 $64,700 $441,100
2024 $2,940 $490,000 $61,500 $428,500
2023 $5,245 $437,100 $57,000 $380,100
2022 $4,921 $410,100 $52,900 $357,200
2021 $4,363 $363,600 $50,100 $313,500
2020 $4,096 $341,300 $47,900 $293,400
2019 $3,941 $328,400 $47,900 $280,500
2018 $3,827 $324,300 $45,600 $278,700
2017 $3,827 $324,300 $45,600 $278,700
2016 $538 $45,600 $45,600 $0
2015 $679 $57,500 $57,500 $0
2014 $679 $57,500 $57,500 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Ginny Shelton

    RE/MAX

    36 Total Sales

    Ginny Shelton
    Section Image

  • S

    Seller's Agent in 2021

    Shannon Hall

    BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN

    (540) 343-5000

    23 Total Sales

    Shannon Hall
    Section Image

  • D

    Buyer's Agent in 2021

    Dale Clark

    THE GOOD SIGN REAL ESTATE CO.

    (540) 815-3553

    23 Total Sales

    Dale Clark
    Section Image
  • Julie Arthur

    Seller's Agent in 2017

    Julie Arthur

    MKB, REALTORS(r)

    (540) 293-1503

    51 Total Sales

    Julie Arthur
    Section Image
  • Brad Graham

    Seller Co-Listing Agent in 2017

    Brad Graham

    MKB, REALTORS(r)

    (540) 989-4555

    49 Total Sales

    Brad Graham
    Section Image

  • J

    Buyer's Agent in 2017

    John Rokisky

    MAC WESTLAND REAL ESTATE GROUP

    (540) 354-7941

    6 Total Sales

    John Rokisky
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 880946

Roanoke Valley Association of REALTORS®

APN: 261-2-40

Virginia Salem City County Salem 24153

121 Ferrum Dr, Salem, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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