$649,200
- 5 Beds
- 4 Baths
- 4,391 sqft (on 0.49 acres)
124 Ferrum Dr, Salem, VA 24153
Est. Refi. Payment $3,879/mo*
Refinance Your HomeCurrently Off Market - Sold May 1, 2013 for $350,000
Home Value
Trulia Estimate
$649KSince last month
Decreased$3K (-0.4%)Since last year
Increased$9K (+1.3%)Since last sale
Increased$299K (+85.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +52% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $649K |
| August 2026 | $648K |
| July 2026 | $652K |
| June 2026 | $661K |
| May 2026 | $652K |
| April 2026 | $637K |
| March 2026 | $635K |
| February 2026 | $622K |
| January 2026 | $608K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $465,000 | 06/01/26 | 4 | 3 | 3,548 | |
0.16 | Single-Family Home | $738,000 | 07/01/26 | 5 | 3.5 | 5,375 | |
0.30 | Single-Family Home | $449,000 | 08/03/26 | 4 | 2.5 | 2,361 | |
0.33 | Single-Family Home | $412,000 | 01/29/26 | 3 | 3 | 2,280 | |
0.42 | Single-Family Home | $525,000 | 08/28/26 | 5 | 3 | 2,700 | |
0.17 | Single-Family Home | $260,000 | 12/22/25 | 4 | 2 | 1,874 | |
0.23 | Single-Family Home | $574,950 | 07/02/26 | 3 | 2.5 | 2,582 | |
0.40 | Single-Family Home | $465,000 | 08/17/26 | 3 | 2.5 | 2,330 | |
0.48 | Single-Family Home | $530,000 | 11/03/25 | 5 | 3.5 | 4,722 | |
0.39 | Single-Family Home | $397,950 | 02/11/26 | 4 | 3.5 | 2,552 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | - | - | - | - | Off Market | |
0.13 | $465,000 | 4 | 3 | 3,548 | Recently Sold | |
0.07 | $749,200 | 5 | 3.5 | 4,527 | Off Market | |
0.12 | $337,100 | 4 | 2 | 2,324 | Off Market | |
0.15 | $227,000 | 3 | 1 | 1,440 | Recently Sold | |
0.13 | $228,800 | 3 | 1 | 928 | Off Market | |
0.16 | $738,000 | 5 | 3.5 | 5,375 | Recently Sold | |
0.13 | $662,200 | 4 | 3.5 | 4,914 | Off Market | |
0.19 | $458,900 | 3 | 2.5 | 2,131 | Off Market | |
0.19 | $469,950 | 4 | 3 | 2,744 | For Sale | |
0.15 | $302,900 | 3 | 2 | 1,283 | Off Market | |
0.22 | $479,000 | 4 | 2.5 | 2,354 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1996
0.49 acre lot
4,391 sqft
$148/sqft
Garage
About this House
Spacious all brick ranch offers 1-level living with everything you need on living level plus large finished lower level. Great 3-season sunroom plus deck and patio, lots of custom upgrades, great location, quiet Salem community.
124 Ferrum Dr, Salem, VA 24153 is a 5 bedroom, 4 bathroom, 4,391 sqft single-family home built in 1996. It last sold for $350,000 on May 1, 2013. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $649,200, with a rent estimate of $3,022/month.
Home Details for 124 Ferrum Dr
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Interior Details BasementNumber of Rooms: 5 |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Hardwood |
Heating & Cooling Air ConditioningCooling System: Central |
Fireplace & Spa FireplaceHot Tub or Spa |
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Exterior Home Features Roof: CompositionExterior: Brick |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1996 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 0.49 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 28, 2014 Source: Agent Provided | ListingRemoved | $465,000 |
Jan 25, 2014 Source: Agent Provided | Listed For Sale | $465,000 |
May 1, 2013 Source: RVAR #787633 | Sold | $350,000 |
Aug 10, 2012 Source: Agent Provided | ListingRemoved | $399,900 |
Jun 14, 2012 Source: Agent Provided | Listed For Sale | $399,900 |
Oct 30, 2010 Source: Agent Provided | ListingRemoved | $399,900 |
Apr 18, 2010 Source: Agent Provided | PriceChange | $399,900 Price decreased by 4% |
Nov 7, 2009 Source: Agent Provided | Listed For Sale | $414,950 |
Sep 6, 2009 Source: Agent Provided | ListingRemoved | $465,000 |
May 3, 2009 Source: Agent Provided | Listed For Sale | $465,000 |
Dec 15, 1996 Source: N/A | Sold | $280,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,088 | $515,900 |
Home facts updated by county records
Market trends in Salem
Last updated July 2026
Avg. sale price
$332K
$20.83KMoM
Sale-to-List Price
100.0%
Price per sq ft
$192
$10MoM
Available listings
139
8MoM
Around this home
What Locals Say about Salem
At least 116 Trulia users voted on each feature.
87 % Say it's dog friendly
86 % Say car is needed
82 % Say parking is easy
80 % Say yards are well-kept
73 % Say there's wildlife
73 % Say there's holiday spirit
73 % Say kids play outside
68 % Say people would walk alone at night
62 % Say it's quiet
59 % Say streets are well-lit
56 % Say neighbors are friendly
56 % Say they plan to stay for at least 5 years
40 % Say there are sidewalks
31 % Say it's walkable to grocery stores
29 % Say it's walkable to restaurants
19 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 124 Ferrum Dr
- What is 124 Ferrum Dr estimated to be worth?Trulia's estimated value for 124 Ferrum Dr in Salem, VA is $649,200.
- What is the price history for 124 Ferrum Dr?124 Ferrum Dr in Salem, VA last sold for $350,000 in May 2013.
- Is Salem a buyer's or seller's market?Salem is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Salem?The median sale price in Salem is $332K. That is up $20.83K from the prior month.
- Does 124 Ferrum Dr have air conditioning?Yes, 124 Ferrum Dr in Salem, VA has air conditioning.
- How big is the lot at 124 Ferrum Dr?The lot at 124 Ferrum Dr in Salem, VA is about 0.49 acres (21,344 sq ft).