NOT LISTED FOR SALE

5 Arrow Ln Hardy, VA 24101

Estimated Value: $555,065 - $795,000

3 Beds
2.5 Baths
2,880 Sq Ft
$218/Sq Ft Est. Value

Last Sold December 12, 2024

Last sale price $523,000 $182 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,521/month

25 Days on Market

Highlights

  • Boat Ramp
  • Water Access
  • Cape Cod Architecture
  • 1 Dock Slip
  • Lake View
  • Deck

About This Home

As of December 2024

Nestled on a corner lot this water-access home features gorgeous lake and sunset views and provides the perfect atmosphere for both entertaining and relaxing. Inside is filled with natural light, new paint, and many modern updates. The brand-new kitchen equipped with custom cabinetry, stainless steel appliances and ample counter space flows out onto a large deck overlooking a fenced yard with a cozy firepit area. The main level includes a primary suite, while upstairs are two additional bedrooms and a full bath. A finished basement offers a spacious family room, bonus room, laundry, half bath, and a walkout patio. The detached garage and two separate driveways provide ample parking. There is a deeded dock and boat ramp for direct lake access and a community pool for summer days.

Last Agent to Sell the Property

Ashley Bishop

MKB, REALTORS(r) License #0225265188 Listed on: 10/17/2024

MKB, REALTORS(r)

Last Buyer's Agent

Marlee Russell

NEST REALTY ROANOKE License #0225256514

NEST REALTY ROANOKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,754

Year Built

  • Built in 1987

Lot Details

  • 0.72 Acre Lot
  • Fenced Yard

HOA Fees

  • $100 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • Cape Cod Architecture

Interior Spaces

  • Wet Bar
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Storage

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Detached Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Water Access
  • 1 Dock Slip
  • Deck
  • Covered Patio or Porch

Schools

  • Dudley Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Utilities

  • Heat Pump System
  • Underground Utilities

Listing and Financial Details

  • Tax Lot 7

Community Details

Overview

  • Ryan Chelberg Association
  • Indian Pointe Subdivision

Recreation

  • Boat Ramp
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,754

Year Built

Built in 1987

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Interior Features: Gas Log Fireplace, Storage, Wet Bar
  • Heating System: Heat Pump Electric, Heat Pump Gas
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Fenced Yard, Patio, Paved Driveway
  • Views: Lake, Mountain
  • BedroomsBREntryLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 960.00
  • Fireplace Number Fireplaces: 1
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 960.00
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • Phone Email: 301-221-1496
  • P O A Condo Contact Name: Ryan Chelberg
  • POACondoDues: 100.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • Primary Covered Parking S Q F T: 952
  • PrimCoveredPrking: Garage Detached
  • Residential Type: Detached
  • Style Of House: Cape Cod
  • Total Above Grd Fin S Q F T: 1920
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2880.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 960.00
  • WaterAccOnlyB: Community Boat Ramp, Deed/Assgn Dock
  • Water Class: Water Access Only
  • WaterDetailsChannelMarker: R37
  • WaterDetailsNumberUncoverSlips: 1
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Paved Road, Underground Util

Lot Info

  • Lot Description: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.72
  • Lot: 7

Green Features

  • Water Features: Cove

Building Info

  • Year Built: 1987

Tax Info

  • Taxes (6 mo): 1754.36

MLS Schools

  • Elementary School: Dudley
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
Dec 11, 2024
Sold by
Long Joshua S
Bought by
Carney Patrick Joseph and Carney Paula Marie
Seller's Agent
Ashley Bishop
MKB, REALTORS(r)
Buyer's Agent
Marlee Russell
NEST REALTY ROANOKE
List Price
$523,000
Sold Price
$523,000
Views
227
Current Estimated Value
$626,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,766
Avg. Annual Appreciation
22.84%
Original Mortgage
$418,400
Outstanding Balance
$415,065
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$211,701

Purchase Details

Listed on
Mar 6, 2018
Closed on
Jun 19, 2018
Sold by
The Secretary Of Veterans Affairs
Bought by
Long Joshua S
Seller's Agent
Bonnie Hall
GRACIOUS LIVING REALTY
Buyer's Agent
Daniel Wickham
WALKER REAL ESTATE SOLUTIONS
List Price
$201,500
Sold Price
$195,500
Premium/Discount to List
-$6,000
-2.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.43%
Original Mortgage
$189,635
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2017
Sold by
Burns Matthew J
Bought by
Lakeview Loan Servicing and Secretary Of Veterans Affairs

Purchase Details

Closed on
Aug 15, 2007
Sold by
Roberts Howard L and Roberts Teresa A
Bought by
Burns Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,500
Interest Rate
6.78%
Mortgage Type
New Conventional
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
Carney Patrick Joseph $523,000 Priority Title
Carney Patrick Joseph $523,000 Priority Title
Long Joshua S $195,000 Investors Title
Lakeview Loan Servicing $243,745 None Available
Burns Matthew J $288,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carney Patrick Joseph $418,400
Closed Carney Patrick Joseph $418,400
Previous Owner Long Joshua S $189,635
Previous Owner Burns Matthew J $288,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2024 12/12/24 Sold $523,000 0.0% $182 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
10/21/2024 10/21/24 For Sale $523,000 0.0% $182 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $523,000 +167.5% $182 / Sq Ft
06/26/2018 06/26/18 Sold $195,500 -3.0% $102 / Sq Ft View Prior Sale
05/23/2018 05/23/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $201,500 -- $105 / 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
2024 $1,688 $392,600 $59,500 $333,100
2023 $1,754 $287,600 $54,500 $233,100
2022 $1,754 $287,600 $54,500 $233,100
2021 $1,754 $287,600 $54,500 $233,100
2020 $1,754 $287,600 $54,500 $233,100
2019 $1,691 $277,200 $54,500 $222,700
2018 $1,691 $277,200 $54,500 $222,700
2017 $1,525 $182,900 $36,500 $146,400
2016 $1,525 $182,900 $36,500 $146,400
2015 $988 $182,900 $36,500 $146,400
2014 $988 $182,900 $36,500 $146,400
2013 $988 $182,900 $36,500 $146,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 911747

Roanoke Valley Association of REALTORS®

APN: 0150400700