NOT LISTED FOR SALE

5040 Cherokee Hills Dr Salem, VA 24153

Estimated Value: $395,598 - $413,000

4 Beds
2.5 Baths
2,576 Sq Ft
$157/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $298,000 $116 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,485/month

9 Days on Market

Highlights

  • Deck
  • No HOA
  • Wet Bar
  • Glenvar Middle School Rated A-
  • Screened Porch
  • Central Air

About This Home

As of September 2021

This well Maintained, Spacious Family home in Beautiful Cherokee Hills has 4 Bedrooms and 2.5 Baths. It boasts over 2,500 finished sq. foot. Large Bedrooms all with new neutral carpet are all upstairs with the laundry. Den with wet bar and fireplace, Formal Living Room, Dining Room on entry level. Relax on the large screened in porch w/ equally large deck that was installed in 2020. New Stainless steel stove and Dishwasher along with Laminate Floors installed in 2021. This perfect family home was very well maintained. Windows in the front were replaced in 2020 as well as the doors leading to the NEW Deck from the Den. Sump Pump and basement water proofing installed in 2021 to make basement completely dry and ready for anything. This Home is ready for you to move in and make your own!

Last Agent to Sell the Property

Ashley Gladden

DIVINE FOG REALTY COMPANY LLC- ROANOKE License #0225231479 Listed on: 08/12/2021

Last Buyer's Agent

Kimberly Chesser

MKB, REALTORS(r) License #0225245318

MKB, REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1977

Lot Details

  • 1 Acre Lot
  • Lot Sloped Down
  • Property is zoned R1

Interior Spaces

  • 2,576 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Den with Fireplace
  • Screened Porch

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Schools

  • Glenvar Elementary And Middle School
  • Glenvar High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cherokee Hills Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,770

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Interior Features: Wet Bar
  • Heating System: Heat Pump Electric
  • Fireplace(s): Den
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Garage Door Opener, Range Electric, Refrigerator, Sump Pump
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Deck, Screened Porch
  • BedroomsBRUpperLevel: 4
  • EntryAboveGrdFin Sq Ft: 1288.00
  • ExteriorDoors: Metal
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 3864
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryUpperLevel: 1
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • RatifiedContractDt: 2021-08-21
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 2576
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2576.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 1288.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1288.00
  • UpperAboveGrdFin Sq Ft: 1288.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Public Water
  • Water Heater Type: Tank

Schools

  • Elementary School: Glenvar
  • Middle School: Glenvar
  • High School: Glenvar

Lot Info

  • Lot Description: Down Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.00
  • Lot: 6
  • ZoningCode: R1

Building Info

  • Year Built: 1977

Tax Info

  • Taxes (6 mo): 2770.00
  • FILLTAXID: 054.04-04-50.00-0000

MLS Schools

  • Elementary School: Glenvar
  • HighSchool: Glenvar
  • Middle School: Glenvar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 20, 2021
Sold by
Hawryliw William and Hawryliw Theresa A
Bought by
Switzer Nathan James and Newman Aimee Candace
Seller's Agent
Ashley Gladden
DIVINE FOG REALTY COMPANY LLC- ROANOKE
Buyer's Agent
Kimberly Chesser
MKB, REALTORS(r)
List Price
$307,000
Sold Price
$298,000
Premium/Discount to List
-$9,000
-2.93%
Current Estimated Value
$402,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,091
Avg. Annual Appreciation
7.66%
Original Mortgage
$283,100
Outstanding Balance
$260,946
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$136,513
Source: Public Records

Range of Values:

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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
Switzer Nathan James $298,000 First Choice Title & Stlmt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Switzer Nathan James $50,000
Open Switzer Nathan James $283,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $298,000 -2.9% $116 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $307,000 -- $119 / 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 $3,522 $338,700 $60,000 $278,700
2023 $3,527 $332,700 $52,000 $280,700
2022 $3,186 $292,300 $45,000 $247,300
2021 $2,761 $253,300 $45,000 $208,300
2020 $2,596 $238,200 $40,000 $198,200
2019 $2,485 $228,000 $40,000 $188,000
2018 $2,413 $223,200 $40,000 $183,200
2017 $2,413 $221,400 $40,000 $181,400
2016 $2,363 $216,800 $40,000 $176,800
2015 $2,289 $210,000 $40,000 $170,000
2014 $2,266 $207,900 $40,000 $167,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Ashley Gladden

    DIVINE FOG REALTY COMPANY LLC- ROANOKE

    (540) 892-9928

    7 Total Sales

    Section Image
  • Kimberly Chesser

    Buyer's Agent in 2021

    Kimberly Chesser

    MKB, REALTORS(r)

    (540) 989-4555

    63 Total Sales

    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 882872

Roanoke Valley Association of REALTORS®

APN: 054.04-04-50

Virginia Roanoke County Salem 24153

5040 Cherokee Hills Dr, Salem, VA

This home is located at 5040 Cherokee Hills Dr, Salem, VA 24153 since 12 August 2021 and is currently estimated at $403,650, approximately $156 per square foot. This property was built in 1977. 5040 Cherokee Hills Dr is a home located in Roanoke County with nearby schools including Glenvar Elementary School, Glenvar Middle School, and Glenvar High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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