NOT LISTED FOR SALE

167 Forest Dr Salem, VA 24153

Estimated Value: $505,000 - $537,273

4 Beds
2.5 Baths
3,234 Sq Ft
$160/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $465,000 $144 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,007/month

11 Days on Market

Highlights

  • Above Ground Pool
  • Colonial Architecture
  • Deck
  • Salem High School Rated A-
  • Mountain View
  • Family Room with Fireplace

About This Home

As of February 2023

WONDERFUL COLONIAL HOME, LOCATED IN HIDDEN VALLEY AREA OF SALEM, FEATURES 4 BEDROOMS, 2 FULL AND 1 HALF BATHS, COMPLETELY UPDATED! THE LAST 2 YEARS, NEW HVAC/DUCTWORK, WATER HEATER, LVP FLOORING, CARPET IN BEDROOMS, DOUBLE PANE REPLACEMENT WINDOWS, FRESHLY PAINTED, MOST ALL NEW LIGHTING, POOL LINER, PUMP, SKIMMER, TIKI BAR, STAINED DECKING, PRIVACY FENCE, UPDATED BATHROOMS, NEW TOILETS, SINKS, ETC! NEW KITCHEN, W/GRANITE, NEW APPLIANCES, UNDER CABINET LIGHTING! KITCHEN IS OPEN AND PERFECT FOR ENTERTAINING GUESTS, FAMILY! RELAX IN THE ALL SEASON SUN ROOM W/SKYLIGHTS! THE POOL, DECK, AND GAZEBO, ARE A VACATION ALL SUMMER LONG, MEMORIES WILL BE CREATED HERE TO LAST A LIFETIME! ATTIC HAS GOOD STORAGE. 2 FIREPLACES, ONE W/WOOD STOVE INSERT. IT EVEN HAS ROOM TO PARK YOUR RV, COME SEE THIS ONE!

Last Agent to Sell the Property

Mack Garmon

RE/MAX REAL ESTATE ONE License #0225092153 Listed on: 01/06/2023

RE/MAX REAL ESTATE ONE

Last Buyer's Agent

Michelle Rhodenizer

SIGNATURE PROPERTY MANAGEMENT LLC - ROANOKE License #0225246276

SIGNATURE PROPERTY MANAGEMENT LLC - ROANOKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,509

Year Built

  • Built in 1985

Lot Details

  • 0.42 Acre Lot
  • Fenced Yard
  • Level Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,234 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Screened Porch
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

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

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Garage Door Opener

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio
  • Gazebo

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Hidden Valley Forest Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,509

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Ceiling Fan, Masonry Fireplace, Skylight, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Basement, Family 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
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Aboveground Pool, Deck, Fenced Yard, Gazebo, Patio, Paved Driveway, Screened Porch
  • Views: Mountain
  • BedroomsBRUpperLevel: 4
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1392.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 3234
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryUpperLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • OtherBelowGrdFin Sq Ft: 600.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • RatifiedContractDt: 2023-01-17
  • Residential Type: Detached
  • Style Of House: Colonial
  • Total Above Grd Fin S Q F T: 2634
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 3234.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 1242.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Paved Road, Underground Util

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.42
  • Lot: 11

Building Info

  • Year Built: 1985

Tax Info

  • Taxes (6 mo): 3509.00
  • FILLTAXID: 288-1-16

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 6, 2023
Closed on
Feb 6, 2023
Sold by
Van Smith Dylan and Leginus Taylor
Bought by
Peterson Michael Ray and Peterson Amber Danielle
Seller's Agent
Mack Garmon
RE/MAX REAL ESTATE ONE
Buyer's Agent
Michelle Rhodenizer
SIGNATURE PROPERTY MANAGEMENT LLC - ROANOKE
List Price
$499,950
Sold Price
$465,000
Premium/Discount to List
-$34,950
-6.99%
Views
68
Current Estimated Value
$513,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,294
Avg. Annual Appreciation
4.32%

Purchase Details

Closed on
Oct 15, 2020
Sold by
Stewart Vicki L
Bought by
Vansmith Dylan and Leginus Smith Taylor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,427
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Peterson Michael Ray $465,000 Pike Title
Vansmith Dylan $180,450 Old Republic National Ttl Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vansmith Dylan $50,000
Previous Owner Vansmith Dylan $25,000
Previous Owner Vansmith Dylan $25,000
Previous Owner Vansmith Dylan $171,427
Previous Owner Vansmith Dylan $171,427
Previous Owner Vansmith Dylan $171,427
Previous Owner Stewart Vicki L $210,500
Previous Owner Stewart Vicki L $200,392
Previous Owner Stewart Vicki L $159,121
Previous Owner Stewart Vicki L $136,999
Previous Owner Stewart Vicki L $100,000
Previous Owner Stewart Vicki L $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $465,000 -6.1% $144 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
01/15/2023 01/15/23 Price Changed $494,950 -1.0% $153 / Sq Ft
01/06/2023 01/06/23 For Sale $499,950 -- $155 / 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
2024 $2,357 $392,800 $68,900 $323,900
2023 $3,706 $308,800 $65,300 $243,500
2022 $3,509 $292,400 $60,900 $231,500
2021 $3,445 $287,100 $58,000 $229,100
2020 $3,401 $283,400 $58,000 $225,400
2019 $3,377 $281,400 $58,000 $223,400
2018 $3,304 $280,000 $58,000 $222,000
2017 $3,388 $287,100 $58,000 $229,100
2016 $3,388 $287,100 $58,000 $229,100
2015 $3,226 $273,400 $60,000 $213,400
2014 $3,226 $273,400 $60,000 $213,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 895162

Roanoke Valley Association of REALTORS®

APN: 288-1-16