NOT LISTED FOR SALE

640 Fernwood Dr Salem, VA 24153

Estimated Value: $385,286 - $396,000

4 Beds
3 Baths
2,850 Sq Ft
$137/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $375,000 $132 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,280/month

2 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Screened Porch
  • Salem High School Rated A-
  • No HOA
  • Cul-De-Sac

About This Home

As of April 2024

Fall in Love with this Classic Beauty. Enjoy the beauty of mature landscaping, perfectly tucked away in one of Salem's mostdesirable neighborhoods. Features include 4 bedrooms, 3 full baths, beautiful hardwood floors, from the foyer to the living room to the screened porch ~ tons of natural light ~ perfect for family gatherings & entertaining, a lower level with storage & family/rec room. Walking distance to Main Street, shopping and restaurants. So well maintained, new AC in 2022, baths updated, new water & sewer line from house to street. What I love ~ the screened porch, the subtle detail making this the perfect place to relax anytime of day!

Last Agent to Sell the Property

Sonya Dickinson

MKB, REALTORS(r) License #0225055485 Listed on: 03/01/2024

MKB, REALTORS(r)

Last Buyer's Agent

Daniel Brown

EXECUTIVE REALTY INC License #0225087968

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,150

Year Built

  • Built in 1962

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Living Room with Fireplace
  • Screened Porch
  • Storage
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Basement

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

Parking

  • 1 Parking Space
  • Attached Carport
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cameron Court Subdivision

Listing and Financial Details

  • Legal Lot and Block 15 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,150

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Interior Features: Storage, Walk-in-Closet
  • Heating System: Forced Air Gas
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Freezer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Deck, Paved Driveway, Screened Porch
  • BedroomsBREntryLevel: 3
  • BedroomsBRLowerLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1425.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 2850
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Cox
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 1425.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • RatifiedContractDt: 2024-03-03
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1425
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2850.00
  • 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: Front Porch, Side Porch

Utilities

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

Association/Amenities

  • Misc Features: Cul-de-sac

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.30
  • Lot: 15

Building Info

  • Year Built: 1962

Tax Info

  • Taxes (6 mo): 3150.00
  • FILLTAXID: 89-4-35

MLS Schools

  • Elementary School: West Salem
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Mar 28, 2024
Sold by
Roberts Nancy C
Bought by
Mcconnell Kevin Robert and Arceneaux Mcconnell Sara
Seller's Agent
Sonya Dickinson
MKB, REALTORS(r)
Buyer's Agent
Daniel Brown
EXECUTIVE REALTY INC
List Price
$359,000
Sold Price
$375,000
Premium/Discount to List
$16,000
4.46%
Views
37
Current Estimated Value
$390,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,822
Avg. Annual Appreciation
2.97%
Original Mortgage
$281,250
Outstanding Balance
$277,321
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$113,501
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
Mcconnell Kevin Robert $375,000 Acquisition Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcconnell Kevin Robert $281,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $375,000 +4.5% $132 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $359,000 -- $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 $1,843 $312,400 $53,100 $259,300
2024 $1,575 $262,500 $51,500 $211,000
2023 $2,646 $220,500 $47,400 $173,100
2022 $2,462 $205,200 $42,200 $163,000
2021 $2,387 $198,900 $40,700 $158,200
2020 $2,321 $193,400 $40,700 $152,700
2019 $2,268 $189,000 $40,700 $148,300
2018 $2,211 $187,400 $40,700 $146,700
2017 $2,189 $185,500 $40,700 $144,800
2016 $2,189 $185,500 $40,700 $144,800
2015 $2,159 $183,000 $39,500 $143,500
2014 $2,159 $183,000 $39,500 $143,500
Source: Public Records

Agents Affiliated with this Home

  • Sonya Dickinson

    Seller's Agent in 2024

    Sonya Dickinson

    MKB, REALTORS(r)

    (540) 353-0123

    7 in this area

    103 Total Sales

    Sonya Dickinson
    Section Image
  • Daniel Brown

    Buyer's Agent in 2024

    Daniel Brown

    EXECUTIVE REALTY INC

    (540) 989-0911

    9 in this area

    124 Total Sales

    Daniel Brown
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 905419

Roanoke Valley Association of REALTORS®

APN: 89-4-35

Virginia Salem City County Salem 24153

640 Fernwood Dr, Salem, VA

This home is located at 640 Fernwood Dr, Salem, VA 24153 since 01 March 2024 and is currently estimated at $390,822, approximately $137 per square foot. This property was built in 1962. 640 Fernwood Dr is a home located in Salem City with nearby schools including West 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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