NOT LISTED FOR SALE

123 Ferrum Dr Salem, VA 24153

Estimated Value: $620,012 - $829,000

5 Beds
5 Baths
3,502 Sq Ft
$202/Sq Ft Est. Value

About This Home

This home is located at 123 Ferrum Dr, Salem, VA 24153 and is currently estimated at $706,503, approximately $201 per square foot. 123 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
Oct 24, 2020
Sold by
Salem Enterprises Llc
Bought by
Hall Shannon B and Hall Amanda C
Current Estimated Value
$706,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Outstanding Balance
$351,579
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$354,924
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Hall Shannon B $440,000 Performance Title & Setmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Shannon B $396,000
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 $3,380 $572,800 $78,900 $493,900
2024 $3,247 $541,200 $75,000 $466,200
2023 $5,948 $495,700 $69,500 $426,200
2022 $5,582 $465,200 $64,500 $400,700
2021 $5,384 $448,700 $61,100 $387,600
2020 $5,165 $430,400 $58,300 $372,100
2019 $5,029 $419,100 $58,300 $360,800
2018 $4,914 $416,400 $55,600 $360,800
2017 $5,104 $432,500 $55,600 $376,900
2016 $5,104 $432,500 $55,600 $376,900
2015 $5,186 $439,500 $55,000 $384,500
2014 $5,186 $439,500 $55,000 $384,500
Source: Public Records

Map

Virginia Salem City County Salem 24153

123 Ferrum Dr, Salem, VA

This home is located at 123 Ferrum Dr, Salem, VA 24153 and is currently estimated at $706,503, approximately $201 per square foot. 123 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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