NOT LISTED FOR SALE

5331 Palm Valley Rd Roanoke, VA 24019

Estimated Value: $211,000 - $238,000

3 Beds
1 Bath
1,014 Sq Ft
$223/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $210,000 $207 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,339/month

3 Days on Market

Highlights

  • Ranch Style House
  • Shed
  • Ceiling Fan
  • No HOA
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of July 2023

Charming ranch with delightful updates throughout! This lovely home showcases recently updated floors, fresh paint, a newer HVAC system (2016), new roof (2021) and a brand new water heater. Perfectly blending style, comfort, and functionality, this property offers a cozy and inviting atmosphere for its lucky inhabitants.Step inside and be greeted by the warm ambiance of the updated floors that seamlessly flow throughout the home, providing a touch of elegance to every room. The fresh paint adds a modern feel, creating a blank canvas for your personal style.

Last Agent to Sell the Property

Landon Johnson

FIVE STONE REALTY GROUP License #0225231874 Listed on: 06/22/2023

Last Buyer's Agent

Jason Jones

LAWSON REALTY GROUP LLC License #0225244757

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,663

Year Built

  • Built in 1970

Lot Details

  • 1 Acre Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,014 Sq Ft Home
  • Ceiling Fan
  • Insulated Doors
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Schools

  • Burlington Elementary School
  • Northside Middle School
  • Northside High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Community Details

  • No Home Owners Association
  • Brookside Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,663

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Paved Driveway, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1014.00
  • ExteriorDoors: Insulated
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1014
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1014.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

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

Association/Amenities

  • Misc Features: Maint-Free Exterior

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.00
  • Lot: 13

Building Info

  • Year Built: 1970

Tax Info

  • Taxes (6 mo): 1663.00

MLS Schools

  • Elementary School: Burlington
  • HighSchool: Northside
  • Middle School: Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Jul 24, 2023
Sold by
Hylton Seth
Bought by
Adams Gerald John and Adams Brennan John
Seller's Agent
Landon Johnson
FIVE STONE REALTY GROUP
Buyer's Agent
Jason Jones
LAWSON REALTY GROUP LLC
List Price
$192,000
Sold Price
$210,000
Premium/Discount to List
$18,000
9.38%
Views
85
Current Estimated Value
$226,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,389
Avg. Annual Appreciation
3.05%
Original Mortgage
$147,000
Outstanding Balance
$143,441
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$82,948

Purchase Details

Listed on
Apr 6, 2021
Closed on
May 3, 2021
Sold by
Stump Kristopher M
Bought by
Hylton Seth
Buyer's Agent
Landon Johnson
FIVE STONE REALTY GROUP
List Price
$149,000
Sold Price
$155,000
Premium/Discount to List
$6,000
4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.80%
Original Mortgage
$152,192
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 21, 2011
Closed on
Jan 12, 2012
Sold by
David Lucas Development Llc
Bought by
Stump Kristopher M
Seller's Agent
Barry Compton
RED KEY REALTY INC
List Price
$99,950
Sold Price
$94,000
Premium/Discount to List
-$5,950
-5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$95,918
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2011
Sold by
Owen Debra R
Bought by
David Lucas Development Llc
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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Purchase History

Date Buyer Sale Price Title Company
Adams Gerald John -- Century Title
Hylton Seth $155,000 First Choice Title & Setmnt
Stump Kristopher M $94,000 First American Title Ins Co
David Lucas Development Llc $42,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Gerald John $147,000
Previous Owner Hylton Seth $152,192
Previous Owner Stump Kristopher M $95,918
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2023 07/25/23 Sold $210,000 +9.4% $207 / Sq Ft
06/25/2023 06/25/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $192,000 +23.9% $189 / Sq Ft
05/13/2021 05/13/21 Sold $155,000 +4.0% $153 / Sq Ft View Prior Sale
04/06/2021 04/06/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $149,000 +58.5% $147 / Sq Ft
02/22/2012 02/22/12 Sold $94,000 -6.0% $93 / Sq Ft View Prior Sale
12/27/2011 12/27/11 Pending -- -- --
10/21/2011 10/21/11 For Sale $99,950 -- $99 / 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 $2,002 $194,400 $42,000 $152,400
2024 $1,824 $175,400 $38,000 $137,400
2023 $1,663 $156,900 $36,000 $120,900
2022 $1,529 $140,300 $33,000 $107,300
2021 $1,287 $118,100 $28,000 $90,100
2020 $1,228 $112,700 $28,000 $84,700
2019 $1,147 $105,200 $28,000 $77,200
2018 $1,122 $103,600 $28,000 $75,600
2017 $1,122 $102,900 $28,000 $74,900
2016 $1,083 $99,400 $28,000 $71,400
2015 $1,085 $99,500 $28,000 $71,500
2014 $1,086 $99,600 $28,000 $71,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 899313

Roanoke Valley Association of REALTORS®

APN: 038.11-02-46