NOT LISTED FOR SALE

181 Forest Dr Salem, VA 24153

Estimated Value: $555,944 - $614,000

4 Beds
3.5 Baths
3,552 Sq Ft
$162/Sq Ft Est. Value

Last Sold January 12, 2021

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

Est. 40% increase in value since last sale

Current estimated payment $3,342/month

Highlights

  • 0.63 Acre Lot
  • Deck
  • No HOA
  • Salem High School Rated A-
  • Family Room with Fireplace
  • Cul-De-Sac

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

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
  • BedroomsBRUpperLevel: 4
  • EntryAboveGrdFin Sq Ft: 1276.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 3552
  • 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
  • RatifiedContractDt: 2020-10-15
  • 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

Schools

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

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
  • FILLTAXID: 287-1-16

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
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
$574,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,736
Avg. Annual Appreciation
7.57%
Original Mortgage
$328,000
Outstanding Balance
$293,411
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$281,325

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:

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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
Previous Owner Arthur Parkor A $100,000
Previous Owner Arthur Parker A $150,000
Previous Owner Arthur Parker A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $2,600 $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

    13 in this area

    93 Total Sales

    Thomas Stover
    Section Image
  • Wendy Gilbert

    Buyer's Agent in 2021

    Wendy Gilbert

    RE/MAX

    (540) 330-3123

    6 in this area

    65 Total Sales

    Wendy Gilbert
    Section Image
See All Agents

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

This home is located at 181 Forest Dr, Salem, VA 24153 since 15 October 2020 and is currently estimated at $574,736, approximately $161 per square foot. This property was built in 1992. 181 Forest Dr is a home located in Salem City with nearby schools including East Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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