NOT LISTED FOR SALE

5165 Arrowhead Trail Salem, VA 24153

Estimated Value: $452,000 - $485,000

4 Beds
2.5 Baths
2,131 Sq Ft
$216/Sq Ft Est. Value

Sale Details

Date Sold: September 6, 2019

Last sale price $329,803 $155 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,800 / mo

14 Days on Market

Highlights

  • Built in 2019 | Newly Remodeled
  • Colonial Architecture
  • Breakfast Area or Nook
  • Glenvar Middle School Rated A-
  • Deck
  • 2 Car Attached Garage

About This Home

As of September 2019

New construction! Now is the perfect time to personalize the finishes of your home and move in this spring. Cherokee Hills is a lovely established sought-after neighborhood w/opportunities to do it right the first time instead of remodeling. Preconstruction incentives with the price include upscale and updated new features like 9ft framed floor height on main level, premium kitchen cabinets with granite countertops, engineered hardwood flooring on main level and classic brick front exterior. Owner/Agent. Photos are similar and some upgrades are priced separately.

Last Agent to Sell the Property

Thomas Fellers

MKB, REALTORS(r) License #0225188535 Listed on: 12/31/2018

MKB, REALTORS(r)

Last Buyer's Agent

Ralph Smith

CENTURY 21 WAMPLER REALTY License #0225274457

CENTURY 21 WAMPLER REALTY

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $3,161

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • 19,602 Sq Ft Lot
  • Property fronts a private road

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,131 Sq Ft Home
  • Bay Window
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Schools

  • Glenvar Elementary And Middle School
  • Glenvar High School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Community Details

  • Debby Nash Association
  • Cherokee Hills Subdivision

Listing and Financial Details

  • Tax Lot 31

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$3,161

Year Built

Built in 2019 | Newly Remodeled

Lot Details

0.45 Acres

HOA Fees

$8 per month

Listing Details

  • Interior Features: Breakfast Area, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Electric
  • Cooling System: Heat Pump Electric
  • Outside Features: Bay Window, Deck, Paved Driveway
  • EntryAboveGrdFin Sq Ft: 945.00
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryUpperLevel: 1
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Phone Email: 540-204-4247
  • P O A Condo Contact Name: Debby Nash
  • POACondoDues: 100.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Colonial
  • Total Above Grd Fin S Q F T: 2131
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2131.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 1186.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: No
  • Special Features: NewHome
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: New Construction, Private Road, Underground Util

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.45
  • Lot: 31

Building Info

  • Year Built: 2019

Tax Info

  • Taxes (6 mo): 3161.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2018
Closed on
Aug 28, 2019
Sold by
R Fralin Construction Inc
Bought by
Workman Matthew and Workman Allison
Seller's Agent
Thomas Fellers
MKB, REALTORS(r)
Buyer's Agent
Ralph Smith
CENTURY 21 WAMPLER REALTY
List Price
$294,950
Sold Price
$329,803
Premium/Discount to List
$34,853
11.82%
Current Estimated Value
$461,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,357
Avg. Annual Appreciation
5.19%
Original Mortgage
$296,823
Outstanding Balance
$260,525
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$200,635

Purchase Details

Closed on
Aug 24, 2018
Sold by
Pinnacle Bank
Bought by
Rfc2017 Land Llc

Purchase Details

Closed on
Nov 16, 2017
Sold by
Townside Construction Co Inc
Bought by
Pinnacle Bank
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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Purchase History

Date Buyer Sale Price Title Company
Workman Matthew $329,803 Acquisition Ttl & Setmnt Agc
R Fralin Construction Inc $45,000 Acquisition Ttl & Setmnt Agc
Rfc2017 Land Llc $77,000 Acquistion Title & Settlemen
Pinnacle Bank $173,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Workman Matthew $296,823
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2019 09/06/19 Sold $329,803 +11.8% $155 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
12/31/2018 12/31/18 For Sale $294,950 -- $138 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $4,364 $423,700 $65,000 $358,700
2024 $4,130 $397,100 $63,000 $334,100
2023 $3,706 $349,600 $60,000 $289,600
2022 $3,545 $325,200 $60,000 $265,200
2021 $3,455 $317,000 $60,000 $257,000
2020 $3,424 $314,100 $60,000 $254,100
2019 $556 $51,000 $51,000 $0
2018 $556 $51,000 $51,000 $0
2017 $556 $51,000 $51,000 $0
2016 $556 $51,000 $51,000 $0
2015 $556 $51,000 $51,000 $0
2014 $556 $51,000 $51,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Fellers

    Seller's Agent in 2019

    Thomas Fellers

    MKB, REALTORS(r)

    (540) 632-3374

    210 Total Sales

    Thomas Fellers
    Section Image

  • R

    Buyer's Agent in 2019

    Ralph Smith

    CENTURY 21 WAMPLER REALTY

    (540) 556-2493

    23 Total Sales

    Ralph Smith
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 854840

Roanoke Valley Association of REALTORS®

APN: 054.04-08-08

Virginia Roanoke County Salem 24153

5165 Arrowhead Trail, Salem, VA

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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