NOT LISTED FOR SALE

5046 Poor Mountain Rd Salem, VA 24153

Estimated Value: $177,000 - $220,000

3 Beds
1 Bath
1,924 Sq Ft
$104/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $146,000 $76 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,180/month

4 Days on Market

Highlights

  • 428 Feet of Waterfront
  • River View
  • Rear Porch
  • Glenvar Middle School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Riverfront property with a large and uniquely laid out home. Enjoy the park-like setting and spend hot summer days in possibly the best swimming hole in the area. Great place to fish or launch your kayak. There is plenty of open space in the living room and dining area that adjoin the kitchen. Now is the time to own this outdoor-lover's dream with summer starting and the river roaring! House just needs a little TLC to truly make it your home! Sold AS-IS. No repairs will be made. The property may require flood insurance. Length of waterfront estimated from Roanoke County GIS.

Last Agent to Sell the Property

Travis Hill

IVY REALTY LLC License #0225247693 Listed on: 06/08/2022

Last Buyer's Agent

Jackie Boyd

MKB, REALTORS(r) - OAK GROVE License #0225015423

MKB, REALTORS(r) - OAK GROVE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $831

Year Built

  • Built in 1965

Lot Details

  • 0.71 Acre Lot
  • 428 Feet of Waterfront

Interior Spaces

  • 1,924 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • River Views
  • Partial Basement
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 2 Parking Spaces
  • Tuck Under Garage
  • Off-Street Parking

Outdoor Features

  • Rear Porch

Schools

  • Glenvar Elementary And Middle School
  • Glenvar High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$831

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Interior Features: Other - See Remarks
  • Heating System: Forced Air Oil
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Range Electric, Refrigerator
  • Cooling System: Central Cooling, Window A/C
  • Outside Features: Other - See Remarks
  • Views: River
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 910.00
  • Fireplace Number Fireplaces: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: xFinity
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 428.00
  • Major Area: 02 - Roanoke County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubdivisionMap: Poor Mountain Rd
  • Total Above Grd Fin S Q F T: 1924
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1924.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1014.00
  • Water Class: Waterfront Property
  • WaterID: River or Other
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well

Association/Amenities

  • Misc Features: Cable TV, Other - See Remarks

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.71

Building Info

  • Year Built: 1965

Tax Info

  • Taxes (6 mo): 830.58

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jul 7, 2022
Sold by
Duncan Matthew L
Bought by
Osburn Nathan and Osburn Jennifer
Seller's Agent
Travis Hill
IVY REALTY LLC
Buyer's Agent
Jackie Boyd
MKB, REALTORS(r) - OAK GROVE
List Price
$139,950
Sold Price
$146,000
Premium/Discount to List
$6,050
4.32%
Current Estimated Value
$200,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,247
Avg. Annual Appreciation
9.65%

Purchase Details

Closed on
Sep 6, 2017
Sold by
Duncan John Steven
Bought by
Duncan Matthew L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Osburn Nathan $146,000 Old Republic National Title
Duncan Matthew L $93,000 First Choice Title & Setteme
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duncan Matthew L $74,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2022 07/14/22 Sold $146,000 +4.3% $76 / Sq Ft
06/12/2022 06/12/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $139,950 -- $73 / 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 $1,539 $149,400 $23,400 $126,000
2024 $1,450 $139,400 $23,400 $116,000
2023 $1,413 $133,300 $23,400 $109,900
2022 $860 $78,900 $18,700 $60,200
2021 $831 $76,200 $17,000 $59,200
2020 $816 $74,900 $17,000 $57,900
2019 $782 $71,700 $17,000 $54,700
2018 $765 $71,200 $17,000 $54,200
2017 $765 $70,200 $17,000 $53,200
2016 $759 $69,600 $17,000 $52,600
2015 $737 $67,600 $17,000 $50,600
2014 $739 $67,800 $16,500 $51,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 890284

Roanoke Valley Association of REALTORS®

APN: 064.02-01-42