NOT LISTED FOR SALE

171 Forest Dr Salem, VA 24153

Estimated Value: $758,796 - $774,000

6 Beds
4 Baths
4,952 Sq Ft
$155/Sq Ft Est. Value

Last Sold February 03, 2021

Last sale price $600,000 $121 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,492/month

2 Days on Market

Highlights

  • 0.64 Acre Lot
  • Deck
  • Whirlpool Bathtub
  • Salem High School Rated A-
  • Family Room with Fireplace
  • No HOA

About This Home

As of February 2021

This Custom Built One Owner All Brick 2 Story Home is Located on a Large Level Lot in Hidden Valley Forest. Beautiful Open Foyer, 6 Bedrooms (1 Bedroom on the Entry Level), 4 Full Baths, Huge Eat-In-Kitchen with Stainless Steel Appliances, Granite Counter Tops, Dining Room, Living Room, Family Room with Fireplace, Relaxing Screened In Porch, Deck, Patio, Recreation Room, Office, Workshop and 2 Car Garage. Fireplace in Upper Bedroom, Gas Fireplace in Rec. Room.

Last Agent to Sell the Property

Jack Frye

YOUNG REALTY COMPANY License #0225107868 Listed on: 11/16/2020

Last Buyer's Agent

Cody Journell

GRAVITY REAL ESTATE GROUP INC License #0225239122

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,393

Year Built

  • Built in 1993

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 119 x 248 x 298 x 103
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Screened Porch
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Basement

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

Parking

  • 2 Parking Spaces
  • Tuck Under Garage

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hidden Valley Forest Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,393

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Ceiling Fan, Gas Log Fireplace, Masonry Fireplace, Walk-in-Closet, Wet Bar, Whirlpool Bath
  • Heating System: Forced Air Gas
  • Fireplace(s): Family Room, Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck, Patio, Screened Porch, Storage Shed
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 5
  • EntryAboveGrdFin Sq Ft: 2007.00
  • ExteriorDoors: Full View
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 4952
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 1000.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • RatifiedContractDt: 2020-11-18
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 3952
  • TotalBdrm: 6
  • TotalBths: 4.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 4952.00
  • UpperAboveGrdFin Sq Ft: 1945.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, In-Law Quarters

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 119 x 248 x 298 x 103
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.64
  • Lot: 13

Building Info

  • Year Built: 1993

Tax Info

  • Taxes (6 mo): 5393.00
  • FILLTAXID: 288-1-14

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
Nov 16, 2020
Closed on
Feb 2, 2021
Sold by
Barringer Kristine M and Migliarese Timothy M
Bought by
Michals Mclean T and Michals Amy L P
Seller's Agent
Jack Frye
YOUNG REALTY COMPANY
Buyer's Agent
Cody Journell
GRAVITY REAL ESTATE GROUP INC
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%
Current Estimated Value
$767,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,199
Avg. Annual Appreciation
5.59%
Original Mortgage
$420,000
Outstanding Balance
$379,308
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$387,891
Source: Public Records

Range of Values:

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Average Value
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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
Michals Mclean T $600,000 First Choice Title & Settlemen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michals Mclean T $120,000
Open Michals Mclean T $420,000
Previous Owner Migliarese Timothy M $170,000
Previous Owner Migliarese Timothy M $442,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2021 02/03/21 Sold $600,000 +0.2% $121 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $599,000 -- $121 / 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 $3,496 $582,700 $70,300 $512,400
2023 $6,661 $555,100 $66,600 $488,500
2022 $6,270 $522,500 $62,100 $460,400
2021 $5,431 $452,600 $59,200 $393,400
2020 $5,393 $449,400 $59,200 $390,200
2019 $5,351 $445,900 $59,200 $386,700
2018 $5,219 $442,300 $59,200 $383,100
2017 $5,045 $427,500 $59,200 $368,300
2016 $5,045 $427,500 $59,200 $368,300
2015 $2,461 $417,200 $60,000 $357,200
2014 $2,461 $417,200 $60,000 $357,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 875113

Roanoke Valley Association of REALTORS®

APN: 288-1-14