NOT LISTED FOR SALE

173 Forest Dr Salem, VA 24153

Estimated Value: $443,000 - $485,905

4 Beds
3 Baths
3,367 Sq Ft
$139/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $376,700 $112 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,645/month

111 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Patio
  • Sun or Florida Room
  • Rear Porch
  • Forced Air Heating and Cooling System

About This Home

As of April 2024

Beautiful Ranch home located in the Hidden Valley Forest subdivision of Salem. 3 bedrooms and 2 baths on the main floor with an additional bedroom and bath on the lower level. Very well kept with 3 season sunroom, lower patio, 2 car built-in garage, and open floorplan. A mustsee for anyone looking for a quiet street close to everything The City of Salem and Roanoke have to offer.

Last Agent to Sell the Property

BRENT L STOVER

MKB, REALTORS(r) - OAK GROVE License #0225189501 Listed on: 11/10/2023

Last Buyer's Agent

Michael Bradley

MOUNTAIN CITY REALTY & AUCTION LLC License #0225267645

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,618

Year Built

  • Built in 1993

Lot Details

  • 0.25 Acre Lot
  • Gentle Sloping Lot
  • Cleared Lot
  • Property is zoned SFD

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Living Room with Fireplace
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Patio
  • Rear Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Hidden Valley Forest Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,618

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Microwave Oven (Built In), Range Electric
  • Cooling System: Central Cooling
  • Outside Features: Patio, Paved Driveway, Sunroom
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1924.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 1443.00
  • Major Area: 03 - City of Salem
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1924
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3367.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch

Utilities

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

Lot Info

  • Lot Description: Cleared, Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.25
  • Lot: 14
  • ZoningCode: SFD

Building Info

  • Year Built: 1993

Tax Info

  • Taxes (6 mo): 3618.00

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
Nov 10, 2023
Closed on
Apr 1, 2024
Sold by
Trent Chad K
Bought by
Tang Zhexin and Li Wenping
Seller's Agent
BRENT L STOVER
MKB, REALTORS(r) - OAK GROVE
Buyer's Agent
Michael Bradley
MOUNTAIN CITY REALTY & AUCTION LLC
List Price
$419,500
Sold Price
$376,700
Premium/Discount to List
-$42,800
-10.2%
Views
268
Current Estimated Value
$467,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,276
Avg. Annual Appreciation
13.36%
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
Tang Zhexin $376,700 Performance Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2024 04/02/24 Sold $376,700 -10.2% $112 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $419,500 0.0% $125 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
12/19/2023 12/19/23 Price Changed $419,500 -1.3% $125 / Sq Ft
12/04/2023 12/04/23 For Sale $424,950 0.0% $126 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $424,950 -- $126 / 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 $2,234 $378,700 $70,100 $308,600
2024 $2,287 $381,100 $67,900 $313,200
2023 $3,618 $301,500 $64,400 $237,100
2022 $3,389 $282,400 $60,100 $222,300
2021 $3,235 $269,600 $57,200 $212,400
2020 $3,199 $266,600 $57,200 $209,400
2019 $3,115 $259,600 $57,200 $202,400
2018 $3,041 $257,700 $57,200 $200,500
2017 $3,046 $258,100 $57,200 $200,900
2016 $3,046 $258,100 $57,200 $200,900
2015 $2,949 $249,900 $57,000 $192,900
2014 $2,949 $249,900 $57,000 $192,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 903104

Roanoke Valley Association of REALTORS®

APN: 288-1-13