NOT LISTED FOR SALE

133 Ferrum Dr Salem, VA 24153

Estimated Value: $611,779 - $693,000

4 Beds
4.5 Baths
4,069 Sq Ft
$163/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $362,000 $89 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,721/month

96 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • Patio

About This Home

As of August 2016

Beautiful home with excellent floor plan. Two Master Suites in this home - one on upper level and one on main. Stainless steel appliances, granite countertops, hardwood floors in main living areas, large bonus room in basement. This home features a living room with fireplace, breakfast area, formal dining room and library. This is a Fannie Mae HomePath property. Taxes estimated. Buyer to verify all provided information and is responsible for all inspections.

Last Buyer's Agent

Trey-Hung Tu

MKB, REALTORS(r) License #0225196452

MKB, REALTORS(r)

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $4,612

Year Built

  • Built in 1997

Lot Details

  • 0.58

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Basement

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

Outdoor Features

  • Deck
  • Patio

Schools

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

Additional Features

  • 0.58 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • Homeplace Subdivision

Listing and Financial Details

  • Tax Lot 11

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$4,612

Year Built

Built in 1997

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Cooling System: Central Cooling
  • Outside Features: Deck, Patio
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 1955.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • 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
  • SubdivisionMap: Homeplace Salem
  • Total Above Grd Fin S Q F T: 3128
  • TotalBdrm: 4
  • TotalBths: 4.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 4069.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 1173.00
  • 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: 0.58
  • Lot: 11

Building Info

  • Year Built: 1997

Tax Info

  • Taxes (6 mo): 4612.00

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
Apr 6, 2016
Closed on
Aug 16, 2016
Sold by
Fannie Mae
Bought by
Chan Chin Fung
Buyer's Agent
Trey-Hung Tu
MKB, REALTORS(r)
List Price
$375,000
Sold Price
$362,000
Premium/Discount to List
-$13,000
-3.47%
Current Estimated Value
$664,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,695
Avg. Annual Appreciation
6.65%
Original Mortgage
$289,600
Outstanding Balance
$230,544
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$434,151

Purchase Details

Closed on
Aug 28, 2015
Sold by
Williams Seydric L and Williams Mekeisha P
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 21, 2012
Sold by
Turbyfill John R and Turbyfill Leann Fetherolf
Bought by
Williams Seydric L and Williams Mekeisha P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,850
Interest Rate
3.57%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Chan Chin Fung $362,000 Fidelity National Title Insu
Federal National Mortgage Association $374,118 Stewart Title Company
Williams Seydric L $405,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Chin Fung $289,600
Previous Owner Williams Seydric L $392,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2016 08/22/16 Sold $362,000 -3.5% $89 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $375,000 -7.4% $92 / Sq Ft
08/31/2012 08/31/12 Sold $405,000 -1.2% $96 / Sq Ft View Prior Sale
07/27/2012 07/27/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $409,950 -- $97 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $3,128 $530,100 $88,300 $441,800
2024 $3,004 $500,600 $83,900 $416,700
2023 $5,449 $454,100 $77,700 $376,400
2022 $5,129 $427,400 $72,100 $355,300
2021 $4,939 $411,600 $68,400 $343,200
2020 $4,736 $394,700 $65,300 $329,400
2019 $4,615 $384,600 $65,300 $319,300
2018 $4,502 $381,500 $62,200 $319,300
2017 $4,555 $386,000 $62,200 $323,800
2016 $4,611 $390,800 $62,200 $328,600
2015 $4,786 $392,500 $55,000 $337,500
2014 $4,786 $405,600 $55,000 $350,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 824920

Roanoke Valley Association of REALTORS®

APN: 274-4-6