NOT LISTED FOR SALE

5291 River Bend Ln Salem, VA 24153

Estimated Value: $204,000 - $264,925

3 Beds
2 Baths
1,793 Sq Ft
$126/Sq Ft Est. Value

Last Sold September 22, 2022

Last sale price $179,900 $100 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,351/month

15 Days on Market

Highlights

  • 200 Feet of Waterfront
  • River View
  • Wood Burning Stove
  • Glenvar Middle School Rated A-
  • Deck
  • Contemporary Architecture

About This Home

As of September 2022

Such a unique property with so much to offer! This home is perfect for those that love the peaceful outdoors or those wanting to own an Air BNB! New updates include kitchen remodel with new cabinets, new flooring, and fresh paint, Laundry room flooring and paint, new duel fuel electric hvac, and new ductwork in crawlspace.

Last Agent to Sell the Property

Sarah Bernard

COLDWELL BANKER TOWNSIDE, REALTORS(r) License #0225308884 Listed on: 07/21/2022

COLDWELL BANKER TOWNSIDE, REALTORS(r)

Last Buyer's Agent

Jennifer Snare

KELLER WILLIAMS REALTY ROANOKE License #0225252243

KELLER WILLIAMS REALTY ROANOKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 1920

Lot Details

  • 1.21 Acre Lot
  • 200 Feet of Waterfront
  • Fenced Yard
  • Gentle Sloping Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,793 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Storage
  • Laundry on main level
  • River Views
  • Crawl Space

Kitchen

  • Built-In Oven
  • Electric Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Stream or River on Lot
  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Glenvar Elementary And Middle School
  • Glenvar High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,300

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Masonry Fireplace, Storage, Wood Stove
  • Heating System: Forced Air Gas, Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Range Electric, Refrigerator, Wall Oven
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck, Fenced Yard, Storage Shed
  • Views: River
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1623.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 1
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 200.00
  • Major Area: 02 - Roanoke County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • Residential Type: Detached
  • Style Of House: Contemporary
  • Total Above Grd Fin S Q F T: 1793
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1793.00
  • UpperAboveGrdFin Sq Ft: 170.00
  • Water Class: Waterfront Property
  • WaterDetailsRiverOrOther: 200 ft
  • WaterID: River or Other
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

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

Lot Info

  • Lot Description: Gentle Slope, Stream
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.21

Building Info

  • Year Built: 1920

Tax Info

  • Taxes (6 mo): 1300.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Sep 22, 2022
Sold by
Saunders Zachary Lee
Bought by
Snare Jennifer
Seller's Agent
Sarah Bernard
COLDWELL BANKER TOWNSIDE, REALTORS(r)
Buyer's Agent
Jennifer Snare
KELLER WILLIAMS REALTY ROANOKE
List Price
$179,900
Sold Price
$179,900
Current Estimated Value
$226,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,581
Avg. Annual Appreciation
7.34%

Purchase Details

Closed on
Nov 9, 2021
Sold by
Rankin Cinda L
Bought by
Saunders Zachary Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,325
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2016
Closed on
Dec 15, 2016
Sold by
Saunders Zachary
Bought by
Rankin Cinda L
Seller's Agent
Robert Rouse
YOUNG REALTY COMPANY
Buyer's Agent
Joel Humphreys
NEXTHOME NEW RIVER VALLEY
List Price
$78,950
Sold Price
$65,000
Premium/Discount to List
-$13,950
-17.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.84%

Purchase Details

Listed on
Jul 25, 2016
Closed on
Dec 14, 2016
Sold by
Foutz Stephen L and Foutz Rita W
Bought by
Saunders Zachary
Seller's Agent
Robert Rouse
YOUNG REALTY COMPANY
Buyer's Agent
Joel Humphreys
NEXTHOME NEW RIVER VALLEY
List Price
$78,950
Sold Price
$65,000
Premium/Discount to List
-$13,950
-17.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Snare Jennifer $179,900 None Listed On Document
Saunders Zachary Lee $72,500 Star City Title
Rankin Cinda L -- None Available
Saunders Zachary $65,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saunders Zachary Lee $70,325
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2022 09/22/22 Sold $179,900 0.0% $100 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $179,900 +176.8% $100 / Sq Ft
12/15/2016 12/15/16 Sold $65,000 -17.7% $40 / Sq Ft View Prior Sale
11/02/2016 11/02/16 Pending -- -- --
07/25/2016 07/25/16 For Sale $78,950 -- $49 / 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 $1,931 $187,500 $37,900 $149,600
2024 $1,812 $174,200 $37,900 $136,300
2023 $1,605 $151,400 $37,900 $113,500
2022 $1,037 $95,100 $31,400 $63,700
2021 $995 $91,300 $28,700 $62,600
2020 $941 $86,300 $28,700 $57,600
2019 $928 $85,100 $28,700 $56,400
2018 $952 $87,300 $31,400 $55,900
2017 $1,029 $94,400 $33,200 $61,200
2016 $1,021 $93,700 $33,200 $60,500
2015 $1,014 $93,000 $33,200 $59,800
2014 $1,010 $92,700 $32,300 $60,400
Source: Public Records

Agents Affiliated with this Home

  • Sarah Bernard

    Seller's Agent in 2022

    Sarah Bernard

    COLDWELL BANKER TOWNSIDE, REALTORS(r)

    (540) 520-5256

    101 Total Sales

    Sarah Bernard
    Section Image

  • J

    Buyer's Agent in 2022

    Jennifer Snare

    KELLER WILLIAMS REALTY ROANOKE

    (540) 293-7329

    17 Total Sales

    Jennifer Snare
    Section Image

  • R

    Seller's Agent in 2016

    Robert Rouse

    YOUNG REALTY COMPANY

    (540) 529-1555

    54 Total Sales

    Robert Rouse
    Section Image

  • D

    Seller Co-Listing Agent in 2016

    David Martin

    YOUNG REALTY COMPANY

    14 Total Sales

    David Martin
    Section Image
  • Joel Humphreys

    Buyer's Agent in 2016

    Joel Humphreys

    NEXTHOME NEW RIVER VALLEY

    (540) 293-1053

    41 Total Sales

    Joel Humphreys
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 891503

Roanoke Valley Association of REALTORS®

APN: 064.04-04-07

Virginia Roanoke County Salem 24153

5291 River Bend Ln, Salem, VA

Not Listed for Sale

Detached

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