NOT LISTED FOR SALE

137 Ferrum Dr Salem, VA 24153

Estimated Value: $549,000 - $798,000

4 Beds
3.5 Baths
4,663 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $599,000 $128 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,060/month

2 Days on Market

Highlights

  • 0.79 Acre Lot
  • Whirlpool Bathtub
  • 2 Car Attached Garage
  • Deck
  • Cul-De-Sac
  • Storage

About This Home

As of August 2021

This GORGEOUS home located in Salem's most desirable neighborhood offers 5 Bedrooms, 3 1/2 Baths and unbelievable upgrades throughout. Entry level includes double sided gas fireplace, great room with cathedral ceilings and Beautiful bookshelves, Gourmet Kitchen with granite counter tops, Stainless Steel appliances, Gas range and large island, living room is wired for Surround sound, master suite with walk in tile shower. 3 additional Bedrooms on upper level - 1 Bedroom /bonus room currently used as playroom. Lower level includes a large family room, bar, bedroom, and full bath. Lots of Storage! Irrigation System & Invisible Fencing too!

Last Agent to Sell the Property

Cindy Clayton

BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN License #0225191336 Listed on: 05/03/2021

BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN

Last Buyer's Agent

Brittany Shultz-Moore

WAINWRIGHT & CO., REALTORS(r) License #0225245208

WAINWRIGHT & CO., REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,628

Year Built

  • Built in 1997

Lot Details

  • 0.79 Acre Lot
  • Cul-De-Sac
  • Lot Sloped Down

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 2-Story Property
  • Sliding Doors
  • Great Room with Fireplace
  • Storage
  • Basement

Kitchen

  • Gas Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Outdoor Gas Grill

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 Salem Hoa/Karen Burchinal Association
  • Homeplace Subdivision

Listing and Financial Details

  • Tax Lot 13A

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,628

Year Built

Built in 1997

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Interior Features: Bookcases, Cathedral Ceiling(s), Central Vacuum, Security System, Storage, Walk-In Closet(s), Whirlpool Bath
  • Heating System: Forced Air Gas, Heat Pump Electric, Zoned
  • Fireplace(s): Gas Log, Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full, Walk-Out Access
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Gas, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Gas Grill & Line, Paved Driveway
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 2575.00
  • ExteriorDoors: Fiberglass, Sliding
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 1000.00
  • Major Area: 03 - City of Salem
  • NumberPrimCovSpaces: 2.00
  • Phone Email: knaborsburch@gmail.com
  • P O A Condo Contact Name: Homeplace Salem HOA/Karen Burchinal
  • 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: 3663
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 4663.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 1088.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Cul-De-Sac, Maint-Free Exterior, Paved Road, Underground Util

Lot Info

  • Lot Description: Down Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.79
  • Lot: 13A

Building Info

  • Year Built: 1997

Tax Info

  • Taxes (6 mo): 5628.00

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 3, 2021
Closed on
Jul 5, 2021
Sold by
Doolan Keith P and Doolan Amy W
Bought by
Putnam Ryan M and Putnam Haley B
Seller's Agent
Cindy Clayton
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
Buyer's Agent
Brittany Shultz-Moore
WAINWRIGHT & CO., REALTORS(r)
List Price
$599,000
Sold Price
$599,000
Current Estimated Value
$713,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,578
Avg. Annual Appreciation
4.08%
Original Mortgage
$479,200
Outstanding Balance
$435,462
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$278,116

Purchase Details

Listed on
Apr 3, 2018
Closed on
Jun 27, 2018
Sold by
Holland Gregory T and Holland Kathryn C
Bought by
Doolan Keith P and Doolan Amy W
Seller's Agent
Thomas Stover
MKB, REALTORS(r) - OAK GROVE
Buyer's Agent
Cindy Clayton
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
List Price
$509,950
Sold Price
$511,000
Premium/Discount to List
$1,050
0.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$511,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Putnam Ryan M $599,000 Fidelity National Ttl Ins Co
Doolan Keith P $511,000 Performance Title & Settleme
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Putnam Ryan M $479,200
Previous Owner Doolan Keith P $511,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2021 08/06/21 Sold $599,000 0.0% $128 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $599,000 +17.2% $128 / Sq Ft
07/12/2018 07/12/18 Sold $511,000 +0.2% $110 / Sq Ft View Prior Sale
04/16/2018 04/16/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $509,950 -- $109 / 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 $3,750 $635,600 $93,700 $541,900
2024 $3,644 $607,300 $89,100 $518,200
2023 $6,644 $553,700 $82,500 $471,200
2022 $6,283 $523,600 $76,500 $447,100
2021 $5,908 $492,300 $72,600 $419,700
2020 $5,628 $469,000 $69,300 $399,700
2019 $5,436 $453,000 $69,300 $383,700
2018 $4,870 $412,700 $66,000 $346,700
2017 $5,212 $441,700 $66,000 $375,700
2016 $5,212 $441,700 $66,000 $375,700
2015 $5,075 $430,100 $56,000 $374,100
2014 $5,075 $430,100 $56,000 $374,100
Source: Public Records

Agents Affiliated with this Home

  • Cindy Clayton

    Seller's Agent in 2021

    Cindy Clayton

    BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN

    (540) 580-0551

    6 in this area

    71 Total Sales

    Cindy Clayton
    Section Image

  • B

    Buyer's Agent in 2021

    Brittany Shultz-Moore

    WAINWRIGHT & CO., REALTORS(r)

    (540) 521-6624

    1 in this area

    54 Total Sales

    Brittany Shultz-Moore
    Section Image

  • T

    Seller's Agent in 2018

    Thomas Stover

    MKB, REALTORS(r) - OAK GROVE

    (540) 339-9750

    12 in this area

    86 Total Sales

    Thomas Stover
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 879443

Roanoke Valley Association of REALTORS®

APN: 274-4-8

Virginia Salem City County Salem 24153

137 Ferrum Dr, Salem, VA

Not Listed for Sale

Detached

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