NOT LISTED FOR SALE

5045 Meadow Crossing Ln NE Roanoke, VA 24019

Monterey Neighborhood

Estimated Value: $288,362 - $325,000

3 Beds
2 Baths
1,822 Sq Ft
$172/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $250,000 $137 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,952/month

12 Days on Market

Highlights

  • Deck
  • No HOA
  • Front Porch
  • Cathedral Ceiling
  • Skylights
  • 2 Car Attached Garage

About This Home

As of July 2024

Check out this nice split-foyer home in a lovely neighborhood. The home has 3 bdrms/2 baths. The upper level has the kitchen/dining area, living room, primary bedroom en suite, 2 additional bedrooms and full bath. The lower level has a den, large 2 car garage and laundry. Deck off of the kitchen makes for easy grilling and entertaining! HUD home being sold ''AS IS'' Case #544-261325, IN. All offers to be submitted by buyer's agent at: www.HudHomeStore.com. More info including PCR & Disclosures can be found on hudhomestore.com. Property Managed by RaineCompany.com.

Last Agent to Sell the Property

Lucinda Scruggs

QUALITY REALTY License #0225185148 Listed on: 05/09/2024

Last Buyer's Agent

Eric Gilliard

KELLER WILLIAMS REALTY ROANOKE License #0225183249

KELLER WILLIAMS REALTY ROANOKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,806

Year Built

  • Built in 2000

Lot Details

  • 6,970 Sq Ft Lot
  • Gentle Sloping Lot
  • Garden

Home Design

  • Split Foyer
  • Brick Exterior Construction

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Storage
  • Laundry on main level

Kitchen

  • Gas Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Schools

  • Monterey Elementary School
  • Lucy Addison Middle School
  • William Fleming High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Read Mountain Estates Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,806

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Interior Features: Cathedral Ceiling, Ceiling Fan, Skylight, Storage
  • Heating System: Forced Air Gas, Gas - Natural
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Gas, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Deck, Garden Space, Patio, Paved Driveway
  • BedroomsBRUpperLevel: 3
  • CondoAssocYN: No
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 1822
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 642.00
  • Major Area: 01 - City of Roanoke
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2024-05-21
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: Split-Foyer
  • Total Above Grd Fin S Q F T: 1180
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1822.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1180.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Paved Road, Underground Util

Schools

  • Elementary School: Monterey
  • Middle School: Lucy Addison
  • High School: William Fleming

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.16
  • Lot: 12

Building Info

  • Year Built: 2000

Tax Info

  • Taxes (6 mo): 2806.00
  • FILLTAXID: 7380193

MLS Schools

  • Elementary School: Monterey
  • HighSchool: William Fleming
  • Middle School: Lucy Addison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 14, 2024
Sold by
Secretary Of Housing And Urban Developme
Bought by
Folkes Phillip
Seller's Agent
Lucinda Scruggs
QUALITY REALTY
Buyer's Agent
Eric Gilliard
KELLER WILLIAMS REALTY ROANOKE
List Price
$225,000
Sold Price
$250,000
Premium/Discount to List
$25,000
11.11%
Views
65
Current Estimated Value
$312,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,591
Avg. Annual Appreciation
19.92%
Original Mortgage
$237,500
Outstanding Balance
$234,685
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$77,906

Purchase Details

Closed on
Jun 22, 2023
Sold by
Dolanreid Pllc
Bought by
Secretary/Housing & Urban Dev

Purchase Details

Listed on
Feb 3, 2020
Closed on
Mar 20, 2020
Sold by
Jarrett Jacob S and Jarrett Brooke B
Bought by
Dclauded Ronald Dean
Seller's Agent
Zack McCoy
REAL BROKER LLC - MCLEAN
Buyer's Agent
Lori Mccarren
WAINWRIGHT & CO., REALTORS(r)
List Price
$198,000
Sold Price
$198,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$6,930
Interest Rate
3.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 17, 2008
Sold by
Greenwald John R and Mackey Ashley Nicole
Bought by
Jarrett Jacob S and Jarrett Brooke B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,789
Interest Rate
6.54%
Mortgage Type
FHA
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
Folkes Phillip $250,000 Old Republic National Title In
Secretary/Housing & Urban Dev $194,413 None Listed On Document
Dclauded Ronald Dean $198,000 Sage Title Group
Jarrett Jacob S $179,950 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folkes Phillip $237,500
Previous Owner Dclauded Ronald Dean $194,413
Previous Owner Jarrett Jacob S $164,789
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $250,000 +11.1% $137 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $225,000 +13.6% $123 / Sq Ft
03/23/2020 03/23/20 Sold $198,000 0.0% $109 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $198,000 -- $109 / 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
2025 $3,538 $273,900 $52,000 $221,900
2024 $3,538 $257,600 $46,400 $211,200
2023 $3,333 $230,000 $39,700 $190,300
2022 $2,551 $195,000 $33,000 $162,000
2021 $2,346 $178,900 $31,000 $147,900
2020 $2,175 $166,000 $31,000 $135,000
2019 $2,112 $160,800 $29,000 $131,800
2018 $2,035 $154,500 $29,000 $125,500
2017 $1,908 $152,000 $29,000 $123,000
2016 $1,873 $149,100 $29,000 $120,100
2015 $1,806 $150,400 $29,000 $121,400
2014 $1,806 $150,400 $29,000 $121,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 907434

Roanoke Valley Association of REALTORS®

APN: 738-0193