NOT LISTED FOR SALE

5442 W River Rd Salem, VA 24153

Estimated Value: $76,087

5.77 Acres
$13,187 Price per Acre
251,341 Sq Ft Lot

Last Sold September 23, 2022

Last sale price $65,000

Est. 17% increase in value since last sale

Current estimated payment $451/month

2 Days on Market

Highlights

  • No HOA
  • Pasture
  • Level Lot
  • Glenvar Middle School Rated A-

About This Lot

As of September 2022

5.77 LEVEL LAND WITH NEWER METAL GARAGE ...CLOSE TO SALEM AND BLACKSBURG...COULD PROBABLY WORK FOR ONE OR MORE HOUSES WITH GRAVEL DEEDED ROAD ADJACENT TO PROPERTY (AS PER SELLER) UNDER 3 MILES TO ALL SCHOOLS...WELL AND SEPTIC RESPONSIBILITY OF BUYER

Last Agent to Sell the Property

Jerry Cohen

PARK PLACE REALTY INC License #0225049016 Listed on: 08/13/2022

Last Buyer's Agent

Janice Jackson

WAINWRIGHT & CO., REALTORS(r) License #0225234833

WAINWRIGHT & CO., REALTORS(r)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $554

Lot Details

  • 5.77 Acre Lot
  • Level Lot

Schools

  • Glenvar Elementary And Middle School
  • Glenvar High School

Utilities

  • Water Not Available
  • Sewer Not Available

Additional Features

  • Pasture
  • Mobile Home Allowed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9

Property Details

Property Type

Land

Est. Annual Taxes

$554

Lot Details

0

Listing Details

  • Type: Land
  • CondoAssocYN: No
  • ElectricDescription: Other - See Remarks
  • Land Sub Type: Residential - Single Family
  • Major Area: 02 - Roanoke County
  • Hoa2 Or Poa: No
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: None
  • Water Description: None

Association/Amenities

  • Misc Features: Pasture

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Level
  • Total Acreage: 5.77
  • Lot: 9
  • Land Type: Land (Acreage)

Tax Info

  • Taxes (6 mo): 554.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2025
Sold by
Smith Shawn Taylor and Smith Catlin Carr
Bought by
Smith Shawn T
Current Estimated Value
$76,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2022
Closed on
Sep 12, 2022
Sold by
O West River Road Llc
Bought by
Smith Shawn T and Smith Catlin C
Seller's Agent
Jerry Cohen
PARK PLACE REALTY INC
Buyer's Agent
Janice Jackson
WAINWRIGHT & CO., REALTORS(r)
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$48,750
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2014
Sold by
Rardin Roger E and Rardin Deborah P
Bought by
O West Rever Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.12%
Mortgage Type
Seller Take Back
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
Smith Shawn T -- Priority Title
Smith Shawn T $65,000 Fidelity National Title
O West Rever Road Llc $104,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Shawn T $50,000
Previous Owner Smith Shawn T $48,750
Previous Owner O West Rever Road Llc $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $65,000 -13.3% --
08/15/2022 08/15/22 Pending -- -- --
08/13/2022 08/13/22 For Sale $75,000 -- --
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 $613 $59,500 $52,300 $7,200
2024 $619 $59,500 $52,300 $7,200
2023 $631 $59,500 $52,300 $7,200
2022 $579 $53,100 $48,000 $5,100
2021 $555 $50,900 $45,500 $5,400
2020 $498 $45,700 $45,500 $200
2019 $498 $45,700 $45,500 $200
2018 $731 $48,200 $48,000 $200
2017 $731 $67,100 $66,900 $200
2016 $731 $67,100 $66,900 $200
2015 -- $67,100 $66,900 $200
2014 $723 $66,300 $66,100 $200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jerry Cohen

    PARK PLACE REALTY INC

    (540) 520-8698

    77 Total Sales

    Jerry Cohen
    Section Image
  • Janice Jackson

    Buyer's Agent in 2022

    Janice Jackson

    WAINWRIGHT & CO., REALTORS(r)

    (540) 588-7860

    101 Total Sales

    Janice Jackson
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 892124

Roanoke Valley Association of REALTORS®

APN: 064.03-01-37.01-0000

Virginia Roanoke County Salem 24153

5442 W River Rd, Salem, VA

Not Listed for Sale

Lots

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