NOT LISTED FOR SALE

140 Ferrum Dr Salem, VA 24153

Estimated Value: $601,000 - $722,000

5 Beds
3.5 Baths
4,062 Sq Ft
$161/Sq Ft Est. Value

Last Sold October 02, 2015

Last sale price $445,500 $110 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,781/month

101 Days on Market

Highlights

  • Mountain View
  • Family Room with Fireplace
  • Fenced Yard
  • Deck
  • Screened Porch
  • Cul-De-Sac

About This Home

As of October 2015

This colonial home located in Salem's Homeplace - offers a beautiful remodeled kitchen w/quartz, stainless appliances, gas range-dual source convention oven, back splash. Hardwoods installed & refinished; The beautifully landscaped lots can be enjoyed from the screened covered back porch. Over $60,000 in upgrades including paint, carpet and crown molding! This home awaits your family!

Last Agent to Sell the Property

Angela Arrington

EXP REALTY LLC - STAFFORD License #0225099922 Listed on: 05/08/2015

EXP REALTY LLC - STAFFORD

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $4,951

Year Built

  • Built in 2000

Lot Details

  • 0.46 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Fenced Yard
  • Gentle Sloping Lot
  • Garden

HOA Fees

  • $8 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Screened Porch
  • Storage
  • Laundry on main level
  • Mountain Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Basement

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

Home Security

  • Alarm System
  • Storm Doors

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck
  • Play Equipment

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Homeplace Subdivision

Listing and Financial Details

  • Tax Lot 1

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$4,951

Year Built

Built in 2000

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Interior Features: Alarm, Gas Log Fireplace, Masonry Fireplace, Storage, Walk-in-Closet
  • Heating System: Forced Air Gas, Heat Pump Electric, Zoned Heat
  • Fireplace(s): Family Room, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator, Wall Oven
  • Cooling System: Central Cooling, Zoned Cooling
  • Outside Features: Deck, Fenced Yard, Formal Garden, Playhouse, Screened Porch
  • Views: Mountain, Sunrise
  • EntryAboveGrdFin Sq Ft: 1302.00
  • ExteriorDoors: Full View, Insulated Storm
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 1218.00
  • 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
  • Total Above Grd Fin S Q F T: 2844
  • TotalBdrm: 5
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 4062.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 184.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 184.00
  • UpperAboveGrdFin Sq Ft: 1542.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Maint-Free Exterior, Private Road, Underground Util

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.46
  • Lot: 1
  • ZoningCode: RSF

Building Info

  • Year Built: 2000

Tax Info

  • Taxes (6 mo): 4951.00

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 8, 2015
Closed on
Sep 15, 2015
Sold by
Lenkowski Paul W and Lenkowski Margaret M
Bought by
Alley Robert R and Landolt Joan R
Seller's Agent
Angela Arrington
EXP REALTY LLC - STAFFORD
List Price
$450,000
Sold Price
$445,500
Premium/Discount to List
-$4,500
-1%
Current Estimated Value
$668,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,957
Avg. Annual Appreciation
3.84%
Original Mortgage
$378,675
Outstanding Balance
$297,830
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$357,974

Purchase Details

Closed on
May 11, 2010
Sold by
Boggs Martha B
Bought by
Lenkowski Paul W and Lenkowski Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Alley Robert R $44,500 Acquisition Title & Settleme
Lenkowski Paul W $455,000 First Choice Title & Settlem
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alley Robert R $378,675
Previous Owner Lenkowski Paul W $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2015 10/02/15 Sold $445,500 -1.0% $110 / Sq Ft
08/17/2015 08/17/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $450,000 -- $111 / 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 $3,369 $571,100 $85,200 $485,900
2024 $3,214 $535,600 $81,000 $454,600
2023 $5,863 $488,600 $75,000 $413,600
2022 $5,480 $456,700 $69,600 $387,100
2021 $5,304 $442,000 $66,000 $376,000
2020 $5,108 $425,700 $63,000 $362,700
2019 $4,987 $415,600 $63,000 $352,600
2018 $4,869 $412,600 $60,000 $352,600
2017 $5,002 $423,900 $60,000 $363,900
2016 $5,002 $423,900 $60,000 $363,900
2015 $4,889 $419,600 $57,500 $362,100
2014 $4,889 $414,300 $57,500 $356,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 814839

Roanoke Valley Association of REALTORS®

APN: 274-2-27