$738,600
- 5 Beds
- 3.5 Baths
- 5,375 sqft (on 0.79 acres)
137 Ferrum Dr, Salem, VA 24153
Est. Refi. Payment $4,418/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 1, 2026 for $738,000 (8% below list price)
Home Value
Trulia Estimate
$739KSince last month
Increased$700 (+0.1%)Since last year
Decreased$24K (-3.2%)Since last sale
Increased$2K (+0.3%)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 +37% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $740K |
| August 2026 | $740K |
| July 2026 | $740K |
| June 2026 | $797K |
| May 2026 | $799K |
| April 2026 | $766K |
| March 2026 | $763K |
| February 2026 | $748K |
| January 2026 | $738K |
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 |
|---|---|---|---|---|---|---|---|
0.15 | Single-Family Home | $465,000 | 06/01/26 | 4 | 3 | 3,548 | |
0.12 | Single-Family Home | $574,950 | 07/02/26 | 3 | 2.5 | 2,582 | |
0.18 | Single-Family Home | $449,000 | 08/03/26 | 4 | 2.5 | 2,361 | |
0.62 | Single-Family Home | $530,000 | 11/03/25 | 5 | 3.5 | 4,722 | |
0.73 | Single-Family Home | $769,000 | 10/16/25 | 4 | 4.5 | 4,895 | |
0.35 | Single-Family Home | $412,000 | 01/29/26 | 3 | 3 | 2,280 | |
0.41 | Single-Family Home | $465,000 | 08/17/26 | 3 | 2.5 | 2,330 | |
0.62 | Single-Family Home | $495,000 | 11/20/25 | 3 | 3 | 2,756 |
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 |
|---|---|---|---|---|---|---|
0.08 | $459,950 | 4 | 3 | 2,744 | For Sale | |
0.09 | $490,300 | 5 | 3 | 2,437 | Off Market | |
0.11 | $458,900 | 3 | 2.5 | 2,131 | Off Market | |
0.13 | $749,200 | 5 | 3.5 | 4,527 | Off Market | |
0.11 | $479,000 | 4 | 2.5 | 2,354 | Off Market | |
0.11 | $526,900 | 3 | 3.5 | 3,172 | Off Market | |
0.12 | $574,950 | 3 | 2.5 | 2,582 | Recently Sold | |
0.15 | $465,000 | 4 | 3 | 3,548 | Recently Sold | |
0.15 | $662,200 | 4 | 3.5 | 4,914 | Off Market | |
0.17 | - | - | - | - | Off Market | |
0.13 | $349,000 | 3 | 2 | 1,854 | Recently Sold |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1997
0.79 acre lot
5,375 sqft
$137/sqft
Open Parking
HOA $10/mo
About this House
Exceptional home in Salem's sought-after Homeplace neighborhood! Over 4,600 finished sq ft across 3 levels with 5 bedrooms and 3.5 baths. The stunning entry level features a primary suite with walk-in tile shower, great room with cathedral ceilings and double-sided gas fireplace, gourmet kitchen with granite counters, stainless appliances, gas range, and large island -- plus formal dining, office, and mudroom. Surround sound wiring in living room. Upper level offers 3 bedrooms or a versatile bonus/5th bedroom. Walk-out lower level boasts a large family room, bar, bedroom, full bath, and rec room. 2-car garage, deck with gas grill line, cul-de-sac lot. Central vac, security system, and more!
137 Ferrum Dr, Salem, VA 24153 is a 5 bedroom, 4 bathroom, 5,375 sqft single-family home built in 1997. It last sold for $738,000 on Jul 1, 2026 (8% below the $799,950 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $738,600, with a rent estimate of $3,158/month.
Last check for updates: about 23 hours ago
Listed by JAY KILBY, (540) 793-2167
RE/MAX ALL STARS
Bought with: DIANA SHANKLIN, (540) 904-8962, BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORSยฎ - MAIN
Source: RVAR, MLS#927772

Home Details for 137 Ferrum Dr
|
|---|
Interior Details Basement: Full,Walk-Out AccessNumber of Rooms: 16Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Area, Dining Room, Eat In Kitchen, Family Room, Foyer, Game Room, Laundry, Mud Room, Office, Recreation Room, Work Room |
Beds & Baths Number of Bedrooms: 5Main Level Bedrooms: 1Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 5375 Square Feet |
Appliances & Utilities Utilities: Underground UtilitiesAppliances: Microwave Oven (Built In) |
Heating & Cooling Heating: Forced Air Gas,Heat Pump ElectricHas CoolingAir Conditioning: Central Air,Heat Pump ElectricHas HeatingHeating Fuel: Forced Air Gas |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Great RoomHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Carpet, Tile, Wood |
Levels, Entrance, & Accessibility Stories: 1.5Levels: One and One HalfFloors: Carpet, Tile, Wood |
View No View |
|
|---|
Exterior Home Features Patio / Porch: Front Porch, Covered PorchExterior: Nat Gas Line Outdoor, Gas Grill & Line |
Parking & Garage Number of Covered Spaces: 2Other Parking: Off Street ParkingNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Paved Driveway |
Frontage WaterfrontOn Waterfront |
Water & Sewer Sewer: Public SewerWater Body: River or Other |
|
|---|
Cumulative Days on Market: 9 |
|
|---|
Year Built Year Built: 1997 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Brick, Fiber Cement, StuccoNot Attached Property |
Property Information Parcel Number: 27448 |
|
|---|
Price List Price: $799,950Price Per Sqft: $137/sqft |
Status Change & Dates Off Market Date: Fri May 29 2026 |
|
|---|
MLS Status: Closed |
|
|---|
Direction & Address City: SalemCommunity: Homeplace |
School Information Elementary School: East SalemJr High / Middle School: Andrew LewisHigh School: Salem High |
|
|---|
Building Area Building Area: 6285 Square Feet |
|
|---|
Has an HOAHOA Fee: $125/Annually |
|
|---|
Lot Area: 0.79 acres |
|
|---|
BasementMls Number: 927772 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 1, 2026 Source: RVAR #927772 | Sold | $738,000 |
May 29, 2026 Source: RVAR #927772 | Pending | $799,950 |
May 21, 2026 Source: RVAR #927772 | Listed For Sale | $799,950 |
Aug 6, 2021 Source: RVAR #879443 | Sold | $599,000 |
May 6, 2021 Source: Berkshire Hathaway HomeServices #879443 | Pending | $599,000 |
May 4, 2021 Source: Berkshire Hathaway HomeServices #879443 | PendingToActive | $599,000 |
May 3, 2021 Source: RVAR #879443 | Pending | $599,000 |
Jan 24, 2020 Source: Agent Provided | ListingRemoved | $539,000 |
Jan 20, 2020 Source: Agent Provided | Listed For Sale | $539,000 |
Jul 12, 2018 Source: RVAR #846683 | Sold | $511,000 |
Apr 3, 2018 Source: Agent Provided | Listed For Sale | $509,950 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $7,500 | $635,600 |
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

Although the Multiple Listing Service of The Roanoke Valley is the source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.
All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.
All information is deemed reliable but not guaranteed, and should be independently verified.
All information is deemed reliable but not guaranteed, and should be independently verified.
Frequently asked questions about 137 Ferrum Dr
- What is 137 Ferrum Dr estimated to be worth?Trulia's estimated value for 137 Ferrum Dr in Salem, VA is $738,600.
- What is the price history for 137 Ferrum Dr?137 Ferrum Dr in Salem, VA last sold for $738,000 in July 2026.
- 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 137 Ferrum Dr have air conditioning?Yes, 137 Ferrum Dr in Salem, VA has air conditioning.
- Does 137 Ferrum Dr have laundry facilities?Yes, 137 Ferrum Dr in Salem, VA has laundry facilities.

