NOT LISTED FOR SALE

131 Ferrum Dr Salem, VA 24153

Estimated Value: $594,457 - $691,000

4 Beds
3.5 Baths
3,723 Sq Ft
$174/Sq Ft Est. Value

Sale Details

Date Sold: September 28, 2016

Last sale price $340,000 $91 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,867 / mo

150 Days on Market

Highlights

  • Mountain View
  • Family Room with Fireplace
  • 2 Car Attached Garage
  • Deck
  • Cathedral Ceiling
  • Patio

About This Home

As of September 2016

Magnificent in design and scale, this home is resplendent with superb detailing and magnificently alive with elaborate craftsmanship. From the superbly appointed kitchen to the opulent master suite this is a home that knows no compromise. Entertain on the grand patio and basement. You can have it all!

Last Agent to Sell the Property

Doug Trexell

REALTY ONE GROUP LEADING EDGE License #0225210302 Listed on: 03/28/2016

REALTY ONE GROUP LEADING EDGE

Co-Listed By

Zack McCoy

REAL BROKER LLC - MCLEAN License #0225192051

Last Buyer's Agent

Waid Powell

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225081317

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $4,370

Year Built

  • Built in 2000

Lot Details

  • 24,394 Sq Ft Lot
  • Lot Dimensions are 102 x 245

HOA Fees

  • $8 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2-Story Property
  • Bookcases
  • Cathedral Ceiling
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Mountain Views
  • Storm Doors
  • Laundry on main level

Kitchen

  • Built-In Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Underground Utilities
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Homeplace Subdivision

Listing and Financial Details

  • Tax Lot 10

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$4,370

Year Built

Built in 2000

Lot Details

0.56 Acres

HOA Fees

$8 per month

Listing Details

  • Interior Features: Book Shelves, Cathedral Ceiling
  • Heating System: Forced Air Gas
  • Fireplace(s): Family Room, Great Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Disposer, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Patio, Paved Driveway
  • Views: Mountain
  • EntryAboveGrdFin Sq Ft: 1391.00
  • ExteriorDoors: Fiberglass, Insulated Storm
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 941.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • POACondoDues: 100.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 2782
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3723.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 341.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 341.00
  • UpperAboveGrdFin Sq Ft: 1391.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • 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
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior, Underground Util

Lot Info

  • Lot Description: Varied
  • Lot Dimensions: 102 x 245
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.56
  • Lot: 10

Building Info

  • Year Built: 2000

Tax Info

  • Taxes (6 mo): 4370.00

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
Mar 28, 2016
Closed on
Sep 27, 2016
Sold by
Bought by
Seller's Agent
Doug Trexell
REALTY ONE GROUP LEADING EDGE
Buyer's Agent
Waid Powell
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$369,900
Sold Price
$340,000
Premium/Discount to List
-$29,900
-8.08%
Current Estimated Value
$668,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,638
Avg. Annual Appreciation
6.83%
Original Mortgage
$340,000
Interest Rate
0.0343%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
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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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
$340,000 Performance Title & Settleme
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
Closed $300,000
Closed $19,850
Closed $290,400
Closed $340,000
Closed $100,000
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
09/28/2016 09/28/16 Sold $340,000 -8.1% $91 / Sq Ft
08/25/2016 08/25/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $369,900 -- $99 / 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 $2,976 $504,400 $87,600 $416,800
2024 $2,855 $475,900 $83,300 $392,600
2023 $5,143 $428,600 $77,100 $351,500
2022 $4,831 $402,600 $71,600 $331,000
2021 $4,662 $388,500 $67,900 $320,600
2020 $4,516 $376,300 $64,800 $311,500
2019 $4,402 $366,800 $64,800 $302,000
2018 $4,292 $363,700 $61,700 $302,000
2017 $4,339 $367,700 $61,700 $306,000
2016 $4,531 $384,000 $61,700 $322,300
2015 $4,370 $370,300 $55,000 $315,300
2014 $4,370 $370,300 $55,000 $315,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 824423

Roanoke Valley Association of REALTORS®

APN: 274-4-5

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