NOT LISTED FOR SALE

127 Ferrum Dr Salem, VA 24153

Salem Area

Estimated Value: $574,745 - $689,000

4 Beds
2.5 Baths
3,000 Sq Ft
$208/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2020

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

Est. 57% increase in value since last sale

Current estimated payment $3,940 / 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

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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

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
May 7, 2020
Closed on
Jul 22, 2020
Sold by
Bought by
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
$629,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,292
Avg. Annual Appreciation
7.63%
Original Mortgage
$360,000
Outstanding Balance
$312,744
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$312,192

Purchase Details

Closed on
Apr 3, 2018
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Salem, VA

  • Pam Smith Real Estate Agent - MKB, REALTORS®

    Pam Smith

    MKB, REALTORS®

    (540) 666-6751

    44 Total Sales

    1 in Salem

    $190,000 Price

    Pam Smith
     Section Image
  • John Smith Real Estate Agent - WEST LAKE REAL ESTATE

    John Smith

    WEST LAKE REAL ESTATE

    (540) 632-4137

    90 Total Sales

    7 in Salem

    $170K - $341K Price Range

    John Smith
     Section Image
  • Charlene Jones Real Estate Agent - Re/Max Lakefront Realty

    Charlene Jones

    Re/Max Lakefront Realty

    (540) 698-4928

    183 Total Sales

    1 in Salem

    $179,000 Price

    Charlene Jones
     Section Image
  • Lisa Frontus Real Estate Agent - REAL BROKER LLC - MCLEAN

    Lisa Frontus

    REAL BROKER LLC - MCLEAN

    (540) 900-0815

    40 Total Sales

    1 in Salem

    $189,000 Price

    Lisa Frontus
     Section Image
  • Chris Reavis Real Estate Agent - MKB, REALTORS®

    Chris Reavis

    MKB, REALTORS®

    (540) 283-5635

    45 Total Sales

    4 in Salem

    $166K - $379K Price Range

    Chris Reavis
     Section Image
  • Kimberly Harlow Real Estate Agent - VARNEY REALTY PARTNERS

    Kimberly Harlow

    VARNEY REALTY PARTNERS

    (540) 517-6711

    7 Total Sales

    3 in Salem

    $200K - $227K Price Range

    Kimberly Harlow
     Section Image
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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
$400,000 American Ttl & Setmnt Agcy L
$418,000 First American Title Insuran
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 $360,000
Previous Owner $180,100
Previous Owner $240,000
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
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

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
2026 $5,758 $496,400 $88,300 $408,100
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

  • LB

    Seller's Agent in 2020

    Lewis Barker

    BARKER REALTY CO

    (540) 400-9632

    12 Total Sales

    Lewis Barker
    Section Image

  • TD

    Buyer's Agent in 2020

    Tammy Dehart

    BARKER REALTY CO

    (540) 293-2079

    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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