NOT LISTED FOR SALE

5461 Ridgelea Rd Roanoke, VA 24018

Estimated Value: $558,000 - $671,000

4 Beds
3.5 Baths
3,388 Sq Ft
$178/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $337,000 $99 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,608/month

Highlights

  • Barn
  • Deck
  • Great Room with Fireplace
  • Back Creek Elementary School Rated A-
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of May 2016

Great views from virtually every room of this home that features 10 sky lights. Located on 2.47 acres offering privacy yet only minutes from everything. Huge 6 stall barn with electricity and water great for horses or incredible workshop. Vaulted great room, large kitchen with breakfast area, sunroom, dining area, laundry and two bedrooms on the entry level lead to huge deck. Vaulted master suite featuring a large master bath and walkin closet and an office area upstairs. Recently finished basement with family room, 4th BR and 3rd full bath plus storage. Oversized 2 car attached garage, three fireplaces-great room, family room in basement and master BR, Anderson windows, walking and horse trails and much more make this a must see property.

Last Agent to Sell the Property

Curtis Burchett

MKB, REALTORS(r) License #0225065390 Listed on: 03/22/2016

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $3,315

Year Built

  • Built in 1988

Lot Details

  • 2.47 Acre Lot
  • Gentle Sloping Lot
  • Wooded Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home

Interior Spaces

  • 1.5-Story Property
  • Skylights
  • Wood Burning Stove
  • Gas Log Fireplace
  • Great Room with Fireplace
  • 3 Fireplaces
  • Sun or Florida Room
  • Screened Porch
  • Laundry on main level

Kitchen

  • Built-In Oven
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Schools

  • Back Creek Elementary School
  • Cave Spring Middle School
  • Cave Spring High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Gas
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Deck
  • Barn

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$3,315

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Interior Features: Gas Log Fireplace, Skylight, Walk-in-Closet, Whirlpool Bath, Wood Stove
  • Heating System: Gas - Propane, Heat Pump Electric
  • Fireplace(s): Basement, Great Room, Master Bedroom
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Garage Door Opener, Microwave Oven (Built In), Range Electric, Wall Oven
  • Cooling System: Central Cooling
  • Outside Features: Barn, Deck, Paved Driveway, Screened Porch, Sunroom
  • BedroomsBREntryLevel: 2
  • BedroomsBRLowerLevel: 1
  • BedroomsBRUpperLevel: 1
  • EntryAboveGrdFin Sq Ft: 1592.00
  • Fireplace Number Fireplaces: 3
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 3980
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: DSL
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 1000.00
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2016-03-24
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 2388
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3388.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 592.00
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 592.00
  • UpperAboveGrdFin Sq Ft: 796.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Paved Road, Underground Util

Schools

  • Elementary School: Back Creek
  • Middle School: Cave Spring
  • High School: Cave Spring

Lot Info

  • Lot Description: Gentle Slope, Wooded
  • Lot Dimensions: 2.47
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 2.47

Building Info

  • Year Built: 1988

Tax Info

  • Taxes (6 mo): 3315.00
  • FILLTAXID: 084.04-01-29.01

MLS Schools

  • Elementary School: Back Creek
  • HighSchool: Cave Spring
  • Middle School: Cave Spring

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2016
Closed on
May 2, 2016
Sold by
Elder Dennis R and Elder Jill M
Bought by
Hamlet Irvin L and Hamlet Valerie L
Seller's Agent
Curtis Burchett
MKB, REALTORS(r)
List Price
$324,888
Sold Price
$337,000
Premium/Discount to List
$12,112
3.73%
Current Estimated Value
$602,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,231
Avg. Annual Appreciation
6.32%
Original Mortgage
$269,600
Outstanding Balance
$214,969
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$387,262

Purchase Details

Closed on
Aug 11, 2008
Sold by
Fredstrom Judd E and Fredstrom Rene D
Bought by
Elder Dennis R and Elder Jill M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hamlet Irvin L $337,000 First American Title Ins
Elder Dennis R $275,000 Mult
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamlet Irvin L $269,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $337,000 +3.7% $99 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $324,888 -- $96 / 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 $5,384 $522,700 $62,100 $460,600
2024 $4,791 $460,700 $51,100 $409,600
2023 $4,158 $392,300 $41,100 $351,200
2022 $3,975 $364,700 $41,100 $323,600
2021 $3,698 $339,300 $41,100 $298,200
2020 $3,633 $333,300 $41,100 $292,200
2019 $3,604 $330,600 $41,100 $289,500
2018 $3,459 $321,400 $41,100 $280,300
2017 $3,459 $317,300 $40,100 $277,200
2016 $3,315 $304,100 $39,100 $265,000
2015 $3,250 $298,200 $39,100 $259,100
2014 $3,195 $293,100 $39,100 $254,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 824225

Roanoke Valley Association of REALTORS®

APN: 084.04-01-29.01-0000