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181 Forest Drive

181 Forest Drive, Salem, VA 24153
Property in Salem
Sold Jan 14, 2021
$410,000
$328,000 by Movement Mortgage
Mortgage Due Feb 01, 2051
Sold Jan 19, 2006
$10,000
181 Forest Drive has been categorized by the local assessors in Salem, VA as a residential type of property. The building on the property was first built in 1992 and is 32 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 181 Forest Drive has 2,552 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,276 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 27,269 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 572 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as good. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of brick. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Jan 6, 2021 for $410,000. That's $160.66 per sqft. Prior to that sales transaction, the property was also sold in Jan 18, 2006 for $10,000. 181 Forest Drive was last assessed in 2023. The total value of the property was assessed at $398,700. Specifically, the land the property is located on was valued at $66,500. While improvements on the property were assessed at a total of $332,200. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,784. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,276
  • Garage Type: Attached
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 27,269
  • Total Building Area: 2,552
  • Building Area: 2,552
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,552
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HIDDEN VALLEY FOREST
  • Land Acres: 0.626
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 23A BLK 3 0.626 AC HIDDEN VALLEY FOREST

Ownership

  • Current Owner : DRIVER BRETT WISE
  • Current Owner 2: DRIVER COURTNEY BRAMMER
  • Previous Owner : ARTHUR PARKER A
  • Previous Owner 2: ARTHUR JAN H
  • Owner Before Previous Owner: CROUSE BARBARA A
  • Owner Before Previous Owner 2: AKERS SHIRLEY J
  • 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 287
  • Parcel: Jan 16, 0287
  • Block: 3
  • Lot: 23A
  • Municipality: SALEM CITY
  • Latitude: 37.2635
  • Longitude: -80.052

    Address

  • Full Address: 181 Forest Dr
  • Address - House Number: 181
  • Address - Street Name: Forest
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Salem
  • Carrier Code: C010
  • 4-Digit Zip Code: 6862
  • Zip Code: 24153

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,784

    Appraisal Valuation

  • Standard Deviation: 0.1808
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 76
  • Final Value: 508,019
  • High Value: 599,883
  • Low Value: 416,154

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $328,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 14, 2021
  • First Open Lien Mortgage Loan Amount: $328,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $398,700
  • Market Land Value: $66,500
  • Market Improvement Value: $332,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $398,700
  • Assessed Land Value: $66,500
  • Assessed Improvements Value: $332,200

    Sales

  • Current Sale Contract Date: Jan 06, 2021
  • Current Sale Recording Date: Jan 14, 2021
  • Current Sale Transaction ID: 11814140616
  • Current Sale Price: $410,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 210000131
  • Previous Sale Recording Date: Jan 19, 2006
  • Previous Sale Contract Date: Jan 18, 2006
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Jan 14, 2021
  • First Mortgage Loan Amount: $328,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

About Salem



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Frequently Asked Questions

What neighborhood is 181 Forest Drive located in?
The 181 Forest Drive is a located in the neighborhood of Salem in Salem, Salem.
What is the average sales price for listings in 181 Forest Drive?
The average sales price for units in 181 Forest Drive is $0 currently.

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