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164 Forest Drive

164 Forest Drive, Salem, VA 24153
Property in Salem
Sold Nov 01, 2011
$250,000
$243,410 by Stellarone Bank
Mortgage Due Nov 01, 2041
164 Forest Drive in Salem, VA was first built in 1985 and is 39 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 164 Forest Drive has 2,146 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,073 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 18,165 square feet.

Learn more about the property and building on this page. There is a covered porch. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 588 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 164 Forest Drive was last sold in Oct 25, 2011 for $250,000. According to our calculations, that's $116.50 per sqft. Current property owners are expected to pay $3,644 in taxes per year. The property on 164 Forest Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $303,700. To break that down further, the land itself was valued at $65,300. While improvements to the property were assessed at a total of $238,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,073
  • Garage Type: Attached
  • Garage Square Area: 588
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 18,165
  • Total Building Area: 2,146
  • Building Area: 2,146
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,146
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HIDDEN VALLEY FOREST
  • Land Acres: 0.417
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 4 BLK 2 HIDDEN VALLEY FOREST

Ownership

  • Current Owner : JONES ZACHARY R
  • Current Owner 2: JONES MEGHANN L
  • Previous Owner : COWLING RAYMOND J
  • Previous Owner 2: COWLING KATE W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salem City Public Schools
  • Census Tract: 010501

Zoning

  • Zoning: RSF

Geography

  • Assessors Map Reference: MAP 288
  • Parcel: Feb 03, 0288
  • Block: 2
  • Lot: 4
  • Municipality: SALEM CITY
  • Latitude: 37.2629
  • Longitude: -80.0553

    Address

  • Full Address: 164 Forest Dr
  • Address - House Number: 164
  • Address - Street Name: Forest
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Salem
  • Carrier Code: C010
  • 4-Digit Zip Code: 6860
  • Zip Code: 24153

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,644

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 75
  • Final Value: 407,467
  • High Value: 484,414
  • Low Value: 330,520

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $243,410
  • First Open Lien Mortgage Lender: STELLARONE BANK
  • First Open Lien Mortgage Recording Date: Nov 01, 2011
  • First Open Lien Mortgage Loan Amount: $243,410
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2041

    Market Valuation

  • Market Total Value: $303,700
  • Market Land Value: $65,300
  • Market Improvement Value: $238,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,700
  • Assessed Land Value: $65,300
  • Assessed Improvements Value: $238,400

    Sales

  • Current Sale Contract Date: Oct 25, 2011
  • Current Sale Recording Date: Nov 01, 2011
  • Current Sale Transaction ID: 1013523750
  • Current Sale Price: $250,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 110002340

    Last Sale Mortgage

  • First Mortgage Lender: STELLARONE BANK
  • First Mortgage Transaction Date: Nov 01, 2011
  • First Mortgage Loan Amount: $243,410
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2041

About Salem



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Frequently Asked Questions

What neighborhood is 164 Forest Drive located in?
The 164 Forest Drive is a located in the neighborhood of Salem in Salem, Salem.
What is the average sales price for listings in 164 Forest Drive?
The average sales price for units in 164 Forest Drive is $0 currently.

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