NOT LISTED FOR SALE

181 Forest Dr Salem, VA 24153

Estimated Value: $511,815 - $562,000

4 Beds
3.5 Baths
3,552 Sq Ft
$153/Sq Ft Est. Value

Last Sold January 12, 2021

Last sale price $410,000 $115 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,075/month

Highlights

  • 0.63 Acre Lot
  • Family Room with Fireplace
  • Cul-De-Sac
  • Deck
  • No HOA
  • 2 Car Attached Garage

About This Home

As of January 2021

Listed and sold on the same day.

Last Agent to Sell the Property

Thomas Stover

MKB, REALTORS(r) - OAK GROVE License #0225001234 Listed on: 10/15/2020

Last Buyer's Agent

Wendy Gilbert

RE/MAX ALL POINTS License #0225157764

RE/MAX ALL POINTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,200

Year Built

  • Built in 1992

Lot Details

  • 0.63 Acre Lot
  • Cul-De-Sac
  • Gentle Sloping Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Bookcases
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Storage

Kitchen

  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Hidden Valley Forest Subdivision

Listing and Financial Details

  • Legal Lot and Block 23A / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,200

Year Built

Built in 1992

Lot Details

0.63 Acres

Listing Details

  • Interior Features: Book Shelves, Ceiling Fan, Gas Log Fireplace, Storage
  • Heating System: Heat Pump Gas, Zoned Heat
  • Fireplace(s): Family Room, Recreation Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Cook Top, Dishwasher, Disposer, Microwave Oven (Built In), Refrigerator
  • Cooling System: Heat Pump Gas, Zoned Cooling
  • Outside Features: Deck, Paved Driveway, Storage Shed
  • EntryAboveGrdFin Sq Ft: 1276.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 1000.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 2552
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3552.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 1276.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Cul-de-sac, Paved Road

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.63
  • Lot: 23A

Building Info

  • Year Built: 1992

Tax Info

  • Taxes (6 mo): 4200.00

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
Oct 15, 2020
Closed on
Jan 6, 2021
Sold by
Arthur Parker A and Arthur Jan H
Bought by
Driver Brett Wise and Driver Courtney Brammer
Seller's Agent
Thomas Stover
MKB, REALTORS(r) - OAK GROVE
Buyer's Agent
Wendy Gilbert
RE/MAX ALL POINTS
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Current Estimated Value
$543,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,454
Avg. Annual Appreciation
5.59%
Original Mortgage
$328,000
Outstanding Balance
$292,741
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$250,713

Purchase Details

Closed on
Jan 18, 2006
Sold by
Crouse Barbara A and Akers Shirley J
Bought by
Arthur Parker A and Arthur Jan H
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
Driver Brett Wise $410,000 Fidelity National Ttl Ins Co
Arthur Parker A $10,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Driver Brett Wise $328,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2021 01/12/21 Sold $410,000 -3.5% $115 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $425,000 -- $120 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $2,600 $440,700 $72,400 $368,300
2024 $2,546 $424,400 $70,200 $354,200
2023 $4,784 $398,700 $66,500 $332,200
2022 $4,512 $376,000 $62,000 $314,000
2021 $4,268 $355,700 $59,100 $296,600
2020 $4,200 $350,000 $59,100 $290,900
2019 $4,170 $347,500 $59,100 $288,400
2018 $4,080 $345,800 $59,100 $286,700
2017 $3,889 $329,600 $59,100 $270,500
2016 $3,889 $329,600 $59,100 $270,500
2015 $3,656 $309,800 $61,500 $248,300
2014 $3,656 $309,800 $61,500 $248,300
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Thomas Stover

    MKB, REALTORS(r) - OAK GROVE

    (540) 339-9750

    10 in this area

    82 Total Sales

    Thomas Stover
    Section Image
  • Wendy Gilbert

    Buyer's Agent in 2021

    Wendy Gilbert

    RE/MAX

    (540) 330-3123

    5 in this area

    72 Total Sales

    Wendy Gilbert
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 874279

Roanoke Valley Association of REALTORS®

APN: 287-1-16

Virginia Salem City County Salem 24153

181 Forest Dr, Salem, VA

Not Listed for Sale

Detached

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