NOT LISTED FOR SALE

5490 W River Rd Salem, VA 24153

Estimated Value: $516,000 - $549,764

3 Beds
2 Baths
2,204 Sq Ft
$240/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $308,000 $140 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,207/month

137 Days on Market

Highlights

  • Barn
  • Stables
  • Mountain View
  • Glenvar Middle School Rated A-
  • Above Ground Pool
  • Deck

About This Home

As of August 2017

Spectacular Mini Farm Style Property! 4.79 level acres has electro braid fencing with solar charger. 2 stall barn, 1 in 1 open. Gorgeous panoramic views of the mountains, above ground pool has sun deck and canopy plus its own storage shed for pool supplies. Beautiful home in a convenient location offer vaulted ceilings and an open floor plan, center fireplace lets you enjoy the cozy feeling from all around the home. Huge master suite with walk in closet and large master bath with double sinks and soaking tub. Covered front porch and retractable awning over back deck let you relax and enjoy this beautiful setting. A perfect home for the horse lover in you!

Co-Listed By

David Miller

NEST REALTY SOUTHSIDE License #0225240762

Last Buyer's Agent

Neil Conner

THE GOOD SIGN REAL ESTATE CO. License #0225038090

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $3,357

Year Built

  • Built in 2008

Lot Details

  • 4.79 Acre Lot
  • Fenced Yard
  • Level Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Ranch Style House

Interior Spaces

  • 2,204 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Doors
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Storage
  • Mountain Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Above Ground Pool
  • Deck
  • Shed
  • Front Porch

Schools

  • Glenvar Elementary And Middle School
  • Glenvar High School

Farming

  • Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Central Air
  • Heat Pump System
  • Power Generator
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Roanoke River Subdivision

Listing and Financial Details

  • Tax Lot 2

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$3,357

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Ceiling Fan, Gas Log Fireplace, Storage, Whirlpool Bath
  • Heating System: Heat Pump Electric
  • Fireplace(s): Dining Room, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Garage Door Opener, Generator, Microwave Oven (Built In), Range Electric, Refrigerator, Wall Oven
  • Cooling System: Central Cooling
  • Outside Features: Aboveground Pool, Barn, Deck, Fenced Yard, Storage Shed
  • Views: Mountain
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 2204.00
  • ExteriorDoors: Insulated
  • Fireplace Number Fireplaces: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 2204
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2204.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic - 3BR
  • Water Description: Private Well

Association/Amenities

  • Misc Features: Horses Permitted, Maint-Free Exterior

Lot Info

  • Lot Description: Level Lot, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 4.79
  • Lot: 2
  • ZoningCode: AR

Building Info

  • Year Built: 2008

Tax Info

  • Taxes (6 mo): 3357.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2017
Closed on
Aug 2, 2017
Sold by
Reid Reginald M and Reid Mylinda H
Bought by
Hess Scott J and Hess Paula J
Buyer's Agent
Neil Conner
THE GOOD SIGN REAL ESTATE CO.
List Price
$317,000
Sold Price
$308,000
Premium/Discount to List
-$9,000
-2.84%
Current Estimated Value
$529,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,191
Avg. Annual Appreciation
6.68%

Purchase Details

Closed on
Jan 24, 2008
Sold by
Rardin Roger E and Rardin Deborah P
Bought by
Reid Reginald M and Reid Mylinda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,375
Interest Rate
7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hess Scott J $308,000 Fidelity National Title Ins
Reid Reginald M $72,500 Mulitiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reid Reginald M $325,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2017 08/11/17 Sold $308,000 -2.8% $140 / Sq Ft
07/20/2017 07/20/17 Pending -- -- --
03/05/2017 03/05/17 For Sale $317,000 -- $144 / 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 $5,110 $496,100 $54,200 $441,900
2024 $4,687 $450,700 $54,200 $396,500
2023 $4,332 $408,700 $54,200 $354,500
2022 $3,828 $351,200 $49,200 $302,000
2021 $3,665 $336,200 $46,200 $290,000
2020 $3,513 $322,300 $46,200 $276,100
2019 $3,326 $305,100 $46,200 $258,900
2018 $3,381 $299,500 $49,200 $250,300
2017 $314 $310,200 $64,800 $245,400
2016 $314 $309,900 $64,800 $245,100
2015 $3,374 $309,500 $64,800 $244,700
2014 $3,357 $308,000 $63,800 $244,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 834607

Roanoke Valley Association of REALTORS®

APN: 064.03-01-34.02-0000