$42,500
SOLD MAR 11, 2022

5374 Sundance Rd Salem, VA 24153

0.44 Acre
$96,591 Price per Acre
19,166 Sq Ft Lot

Recently Sold

15% Below List Price

231 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Level Lot
  • Glenvar Middle School Rated A-
  • No HOA

About This Lot

As of August 2023

Beautiful corner wooded lot - just right for building the perfect home! This lot is located in a well established neighborhood in Salem. It is convenient for those that work in Roanoke, Salem, Christiansburg & very accessible to the many colleges & universities this area offers.

Last Agent to Sell the Property

Sharon Gibson

LONG & FOSTER - ROANOKE OFFICE License #0225205720 Listed on: 06/07/2021

LONG & FOSTER - ROANOKE  OFFICE

Last Buyer's Agent

Daniel Bennett

EXP REALTY LLC - BLACKSBURG License #0225247486

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $417

Lot Details

  • 0.44 Acre Lot
  • Level Lot
  • Wooded Lot

Property Views

  • Mountain Views

Schools

  • Glenvar Elementary And Middle School
  • Glenvar High School

Community Details

  • No Home Owners Association
  • Cherokee Hills Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / 13

Property Details

Property Type

Land

Est. Annual Taxes

$417

Lot Details

0

Listing Details

  • Type: Land
  • Views: Mountain
  • ElectricDescription: Above Ground
  • Land Sub Type: Residential - Single Family
  • Major Area: 02 - Roanoke County
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2022-01-24
  • SubdivisionMap: Cherokee Hills
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Schools

  • Elementary School: Glenvar
  • Middle School: Glenvar
  • High School: Glenvar

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Level
  • Total Acreage: 0.44
  • Lot: 9
  • Land Type: Lot

Tax Info

  • Taxes (6 mo): 417.00
  • FILLTAXID: 054.04-05-15.00-0000

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 16, 2023
Sold by
Taylor Mark Michael
Bought by
Conner Garrison and Conner Keely
Seller's Agent
David Barker
BARKER REALTY CO
Buyer's Agent
Steve Stevens
RE/MAX REAL ESTATE ONE
List Price
$59,950
Sold Price
$47,000
Premium/Discount to List
-$12,950
-21.6%
Views
19
Current Estimated Value
$52,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,542
Avg. Annual Appreciation
4.60%

Purchase Details

Listed on
Jun 7, 2021
Closed on
Mar 4, 2022
Sold by
Bryant Living Trust
Bought by
Taylor Mark Michael
Seller's Agent
Sharon Gibson
LONG & FOSTER - ROANOKE OFFICE
Buyer's Agent
Daniel Bennett
EXP REALTY LLC - BLACKSBURG
List Price
$49,950
Sold Price
$42,500
Premium/Discount to List
-$7,450
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%
Original Mortgage
$34,000
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 27, 2012
Sold by
Bryant Cortland R and Bryant Peggy Joyce
Bought by
Bryant Cortland and Bryant Peggy Joyce
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $47,000 Acquisition Title
Deed $42,500 Old Republic National Title
Gift Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 New Conventional
Previous Owner $647,200 Construction
Previous Owner $34,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $47,000 -21.6% --
07/23/2023 07/23/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $59,950 +41.1% --
03/11/2022 03/11/22 Sold $42,500 -14.9% --
01/24/2022 01/24/22 Pending -- -- --
06/07/2021 06/07/21 For Sale $49,950 -- --
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
2024 $530 $51,000 $51,000 $0
2023 $469 $44,200 $44,200 $0
2022 $417 $38,300 $38,300 $0
2021 $417 $38,300 $38,300 $0
2020 $371 $34,000 $34,000 $0
2019 $371 $34,000 $34,000 $0
2018 $371 $34,000 $34,000 $0
2017 $371 $34,000 $34,000 $0
2016 $371 $34,000 $34,000 $0
2015 $371 $34,000 $34,000 $0
2014 $371 $34,000 $34,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 880633

Roanoke Valley Association of REALTORS®

APN: 054.04-05-15