NOT LISTED FOR SALE

181 Forest Dr Salem, VA 24153

Salem Area

Estimated Value: $573,561

4 Beds
3.5 Baths
3,552 Sq Ft
$161/Sq Ft Est. Value

Sale Details

Date Sold: January 12, 2021

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

Est. 40% increase in value since last sale

Current estimated payment $3,709 / mo

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® - 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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,200

Year Built

  • Built in 1992

Lot Details

  • 27,443 Sq Ft 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Seller's Agent
Thomas Stover
MKB, REALTORS® - 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
$573,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,561
Avg. Annual Appreciation
6.06%
Original Mortgage
$328,000
Outstanding Balance
$285,963
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$287,598

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Salem, VA

  • Marlee Russell Real Estate Agent - Nest Realty Roanoke

    Marlee Russell

    Nest Realty Roanoke

    (540) 699-1764

    88 Total Sales

    3 in Salem

    $290K - $414K Price Range

    Marlee Russell
     Section Image
  • Stephanie Varney Real Estate Agent - VARNEY REALTY PARTNERS

    Stephanie Varney

    VARNEY REALTY PARTNERS

    (540) 613-5683

    50 Total Sales

    3 in Salem

    $46K - $230K Price Range

    Stephanie Varney
     Section Image
  • Tim Thompson Real Estate Agent - MKB, Roanoke

    Tim Thompson

    MKB, Roanoke

    (540) 900-3294

    123 Total Sales

    9 in Salem

    $163K - $503K Price Range

    Tim Thompson
     Section Image
  • Brenda Bratt Real Estate Agent - WAINWRIGHT & CO., REALTORS®- LAKE

    Brenda Bratt

    WAINWRIGHT & CO., REALTORS®- LAKE

    (540) 590-5011

    160 Total Sales

    3 in Salem

    $220K - $495K Price Range

    Brenda Bratt
     Section Image
  • Tammy Shepherd Real Estate Agent - SHEPHERD REALTY GROUP

    Tammy Shepherd

    SHEPHERD REALTY GROUP

    (540) 666-6265

    256 Total Sales

    10 in Salem

    $150K - $572K Price Range

    Tammy Shepherd
     Section Image
  • Lisa Martin Real Estate Agent - LISA & CO., REALTORS®

    Lisa Martin

    LISA & CO., REALTORS®

    (540) 592-4413

    65 Total Sales

    2 in Salem

    $206K - $237K Price Range

    Lisa Martin
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$410,000 Fidelity National Ttl Ins Co
Arthur Parker A $10,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,356 $461,700 $75,300 $386,400
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

  • TS

    Seller's Agent in 2021

    Thomas Stover

    MKB, REALTORS® - OAK GROVE

    (540) 339-9750

    78 Total Sales

    Thomas Stover
    Section Image
  • Wendy Gilbert Real Estate Agent - RE/MAX

    Buyer's Agent in 2021

    Wendy Gilbert

    RE/MAX

    (540) 330-3123

    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

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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