NOT LISTED FOR SALE

159 Forest Dr Salem, VA 24153

Estimated Value: $516,000 - $750,000

4 Beds
5 Baths
4,241 Sq Ft
$148/Sq Ft Est. Value

Last Sold April 27, 2012

Last sale price $405,000 $95 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,538/month

70 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Wet Bar
  • Family Room with Fireplace
  • Screened Porch
  • Walk-In Closet

About This Home

As of April 2012

Home is a must see on your list! Guest BR on main level. Large master suite w/ jacuzzi and dressing area. Custom birch cabinets w/cherry finish in kitchen, granite countertops and 2 pantries. Beautiful hardwood floors! French doors open to screened porch. 24x27 family room in lower level complete with wet bar. This home has many extras and is priced to sell!

Last Agent to Sell the Property

Barry Bridges

BRIDGES & CO, REALTORS(r) License #0225061132 Listed on: 01/02/2012

Last Buyer's Agent

Chris Smith

LICHTENSTEIN ROWAN, REALTORS(r) License #0225188115

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $4,168

Year Built

  • Built in 1989

Lot Details

  • 0.54 Acre Lot
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • Wet Bar
  • Gas Log Fireplace
  • French Doors
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Recreation Room with Fireplace
  • Screened Porch
  • Attic Fan
  • Alarm System

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Basement

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

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Tuck Under Garage
  • Garage Door Opener
  • Off-Street Parking

Schools

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

Mobile Home

  • Double Wide

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hidden Valley Forest Subdivision

Listing and Financial Details

  • Legal Lot and Block 7-A / 3

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$4,168

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Interior Features: Alarm, Gas Log Fireplace, Walk-in-Closet, Wet Bar
  • Heating System: Forced Air Gas
  • Fireplace(s): Family Room, Living Room, Recreation Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Electric
  • Cooling System: Central Cooling
  • Outside Features: Paved Driveway, Screened Porch
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 2012.00
  • ExteriorDoors: French, Full View
  • Fireplace Number Fireplaces: 3
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryUpperLevel: 1
  • LowerBelowGrdFin Sq Ft: 827.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • Residential Type: Detached
  • Style Of House: Cape Cod
  • SubagentAuthorized: No
  • SubdivisionMap: Hidden Vlley Fores
  • Total Above Grd Fin S Q F T: 3414
  • TotalBdrm: 4
  • TotalBths: 3.20
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 4241.00
  • TotalHBaths: 2
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1402.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Cable TV, Underground Util

Green Features

  • Energy Features: Attic Fan

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.54
  • Lot: 7-A

Building Info

  • Year Built: 1989

Tax Info

  • Taxes (6 mo): 4168.00

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
Jan 2, 2012
Closed on
Feb 27, 2012
Sold by
Jones Robert D and Jones Susan J
Bought by
Tyson Chad E and Tyson Casey
Seller's Agent
Barry Bridges
BRIDGES & CO, REALTORS(r)
Buyer's Agent
Chris Smith
LICHTENSTEIN ROWAN, REALTORS(r)
List Price
$439,000
Sold Price
$405,000
Premium/Discount to List
-$34,000
-7.74%
Current Estimated Value
$626,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,884
Avg. Annual Appreciation
3.24%
Original Mortgage
$324,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2007
Sold by
Simpson Joan M
Bought by
Jones Robert D and Jones Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.87%
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
Tyson Chad E $405,000 Mid States Title
Jones Robert D $415,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tyson Chad E $324,000
Previous Owner Jones Robert D $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2012 04/27/12 Sold $405,000 -7.7% $95 / Sq Ft
03/12/2012 03/12/12 Pending -- -- --
01/02/2012 01/02/12 For Sale $439,000 -- $104 / 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 $3,172 $537,700 $73,500 $464,200
2024 $3,141 $523,500 $71,300 $452,200
2023 $5,974 $497,800 $67,500 $430,300
2022 $4,943 $411,900 $61,600 $350,300
2021 $4,856 $404,700 $58,700 $346,000
2020 $4,748 $395,700 $58,700 $337,000
2019 $4,673 $389,400 $58,700 $330,700
2018 $4,560 $386,400 $58,700 $327,700
2017 $4,418 $374,400 $58,700 $315,700
2016 $4,418 $374,400 $58,700 $315,700
2015 $4,168 $353,200 $60,000 $293,200
2014 $4,168 $353,200 $60,000 $293,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 777485

Roanoke Valley Association of REALTORS®

APN: 288-1-20