NOT LISTED FOR SALE

122 Ferrum Dr Salem, VA 24153

Estimated Value: $656,199 - $736,000

5 Beds
4 Baths
3,141 Sq Ft
$217/Sq Ft Est. Value

About This Home

This home is located at 122 Ferrum Dr, Salem, VA 24153 and is currently estimated at $681,800, approximately $217 per square foot. 122 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
May 5, 2006
Sold by
Charles R Simpson Inc
Bought by
Truong Hong L and Duong Khai C
Current Estimated Value
$681,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,950
Outstanding Balance
$25,088
Interest Rate
6.55%
Mortgage Type
Credit Line Revolving
Estimated Equity
$656,712

Purchase Details

Closed on
Nov 3, 2005
Sold by
Salem Enterprises L L C
Bought by
Charles R Simpson Inc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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

Date Buyer Sale Price Title Company
Truong Hong L -- None Available
Charles R Simpson Inc $157,427 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truong Hong L $42,950
Open Truong Hong L $417,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $3,536 $599,300 $78,200 $521,100
2024 $3,368 $561,300 $74,400 $486,900
2023 $6,131 $510,900 $68,900 $442,000
2022 $5,792 $482,700 $63,900 $418,800
2021 $5,587 $465,600 $60,600 $405,000
2020 $5,376 $448,000 $57,800 $390,200
2019 $5,244 $437,000 $57,800 $379,200
2018 $5,125 $434,300 $55,100 $379,200
2017 $5,384 $456,300 $55,100 $401,200
2016 $5,384 $456,300 $55,100 $401,200
2015 $5,679 $481,300 $57,500 $423,800
2014 $5,679 $481,300 $57,500 $423,800
Source: Public Records

Map

Virginia Salem City County Salem 24153

122 Ferrum Dr, Salem, VA

This home is located at 122 Ferrum Dr, Salem, VA 24153 and is currently estimated at $681,800, approximately $217 per square foot. 122 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.

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