NOT LISTED FOR SALE

127 Ferrum Dr Salem, VA 24153

Estimated Value: $539,601 - $637,000

4 Beds
2.5 Baths
3,000 Sq Ft
$200/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2020

Last sale price $400,000 $133 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,403 / mo

38 Days on Market

About This Home

As of July 2020

One owner home in a very desirable Salem location. Many recent updates including new carpet, new hardwood floors and new stainless steel appliances. House is in move-in condition.

Last Agent to Sell the Property

Lewis Barker

BARKER REALTY CO License #0225036367 Listed on: 05/07/2020

Last Buyer's Agent

Tammy Dehart

BARKER REALTY CO License #0225230536

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $4,177

Year Built

  • Built in 2001

Lot Details

  • 20,038 Sq Ft Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Brick Exterior Construction

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 8

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$4,177

Year Built

Built in 2001

Lot Details

0.46 Acres

HOA Fees

$8 per month

Listing Details

  • Heating System: Heat Pump Gas
  • Fireplace(s): Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Cooling System: Central Cooling
  • EntryAboveGrdFin Sq Ft: 1570.00
  • Fireplace Number Fireplaces: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • OtherAboveGrdFin Sq Ft: 260.00
  • Phone Email: 000-0000
  • POACondoDues: 100.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubdivisionMap: Homeplace Salem
  • Total Above Grd Fin S Q F T: 3000
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 3000.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 1170.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.46
  • Lot: 8

Building Info

  • Year Built: 2001

Tax Info

  • Taxes (6 mo): 4177.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Jul 22, 2020
Sold by
Dickerson Lila A and Dickerson Thomas
Bought by
Christianson David and Christianson Jennifer
Seller's Agent
Lewis Barker
BARKER REALTY CO
Buyer's Agent
Tammy Dehart
BARKER REALTY CO
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Current Estimated Value
$599,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,650
Avg. Annual Appreciation
7.30%
Original Mortgage
$360,000
Outstanding Balance
$319,224
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$280,426

Purchase Details

Closed on
Apr 3, 2018
Sold by
Hayes Douglas P and Hayes Nancy A
Bought by
Harth George Kevin and Harth Gwendolyn Dianne
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

Date Buyer Sale Price Title Company
Christianson David $400,000 American Ttl & Setmnt Agcy L
Harth George Kevin $418,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christianson David $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $400,000 -5.9% $133 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $425,000 -- $142 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $2,858 $484,400 $85,300 $399,100
2024 $2,726 $454,300 $81,100 $373,200
2023 $4,879 $406,600 $75,100 $331,500
2022 $4,519 $376,600 $69,700 $306,900
2021 $4,366 $363,800 $66,100 $297,700
2020 $4,177 $348,100 $63,100 $285,000
2019 $4,067 $338,900 $63,100 $275,800
2018 $3,964 $335,900 $60,100 $275,800
2017 $4,203 $356,200 $60,100 $296,100
2016 $4,203 $356,200 $60,100 $296,100
2015 $4,384 $371,500 $55,000 $316,500
2014 $4,384 $371,500 $55,000 $316,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lewis Barker

    BARKER REALTY CO

    (540) 400-9632

    8 in this area

    14 Total Sales

    Lewis Barker
    Section Image

  • T

    Buyer's Agent in 2020

    Tammy Dehart

    BARKER REALTY CO

    (540) 293-2079

    2 in this area

    8 Total Sales

    Tammy Dehart
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 869216

Roanoke Valley Association of REALTORS®

APN: 274-4-3

Virginia Salem City County Salem 24153

127 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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