NOT LISTED FOR SALE

5505 Ridgelea Rd Roanoke, VA 24018

Estimated Value: $547,000 - $841,000

5 Beds
3.5 Baths
4,504 Sq Ft
$163/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $470,000 $104 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,462/month

24 Days on Market

Highlights

  • Mountain View
  • Stream or River on Lot
  • Covered Patio or Porch
  • Back Creek Elementary School Rated A-
  • No HOA
  • Breakfast Area or Nook

About This Home

As of March 2020

Custom build home with 3.30 Acres of privacy split by a beautiful stream. You will enjoy a gorgeous view of the mountains off of your wrap around porch, some of the prettiest sunset you will ever view. This is a well constructed home with quality finishes from the windows to the kitchen and baths. Enjoy the hardwood floors, high ceilings, spacious rooms, and open floor plan.

Last Agent to Sell the Property

Scott Avis

MKB, REALTORS(r) License #0225192398 Listed on: 01/23/2020

MKB, REALTORS(r)

Last Buyer's Agent

Janie Meggers

MKB, REALTORS(r) - OAK GROVE License #0225175057

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,185

Year Built

  • Built in 1998

Lot Details

  • 3.3 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Wired For Sound
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Storage
  • Laundry on main level
  • Mountain Views
  • Partial Basement

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • 8 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Stream or River on Lot
  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,185

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Interior Features: Audio-Video Wired, Breakfast Area, Ceiling Fan, Gas Log Fireplace, Storage, Walk-in-Closet
  • Heating System: Heat Pump Gas, Zoned Heat
  • Fireplace(s): Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Cook Top, Dishwasher, Microwave Oven (Built In), Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric, Zoned Cooling
  • Outside Features: Covered Porch, Patio, Paved Driveway, Storage Shed
  • Views: Mountain, Sunset
  • BedroomsBRUpperLevel: 5
  • EntryAboveGrdFin Sq Ft: 1445.00
  • ExteriorDoors: Fiberglass
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 4792
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: DSL
  • InternetAccessCurntInternetProv: Verizon
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 1157.00
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 648
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2020-02-16
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubdivisionMap: Ridgelea Estates
  • Total Above Grd Fin S Q F T: 3347
  • TotalBdrm: 5
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 4504.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 288.00
  • UncoveredNumberSpaces: 8.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 288.00
  • UpperAboveGrdFin Sq Ft: 1902.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Side Porch

Utilities

  • Sewer Description: Private Septic - 4BR
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Stream

Schools

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

Lot Info

  • Lot Description: Level Lot, Stream
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 3.30

Building Info

  • Year Built: 1998

Tax Info

  • Taxes (6 mo): 5185.00
  • FILLTAXID: 084.04-01.28.01-0000

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
Jan 23, 2020
Closed on
Apr 1, 2020
Sold by
Khan Amir A
Bought by
Hutchens Jon T
Seller's Agent
Scott Avis
MKB, REALTORS(r)
Buyer's Agent
Janie Meggers
MKB, REALTORS(r) - OAK GROVE
List Price
$469,900
Sold Price
$470,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$734,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,661
Avg. Annual Appreciation
8.33%
Original Mortgage
$423,000
Outstanding Balance
$374,727
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$359,934

Purchase Details

Listed on
Jan 23, 2020
Closed on
Mar 18, 2020
Sold by
Khan Amir A
Bought by
Hutchens Jon T
Seller's Agent
Scott Avis
MKB, REALTORS(r)
Buyer's Agent
Janie Meggers
MKB, REALTORS(r) - OAK GROVE
List Price
$469,900
Sold Price
$470,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Outstanding Balance
$374,727
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$359,934

Purchase Details

Listed on
Feb 26, 2016
Closed on
Apr 18, 2016
Sold by
Fendley Trustee Under The Daniel H. Daniel H
Bought by
Khan Amir A and Khan Shumaila
Seller's Agent
Rick Payne
MKB, REALTORS(r)
Buyer's Agent
Lara Bingeman
MKB, REALTORS(r)
List Price
$499,950
Sold Price
$445,000
Premium/Discount to List
-$54,950
-10.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.40%
Original Mortgage
$356,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2006
Sold by
Fendley Daniel H and Fendley Cynthia Newsome
Bought by
Fendley Daniel H and Daniel H Fendley Revocable Decaration Of
Source: Public Records

Range of Values:

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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
Hutchens Jon T $470,000 None Available
Hutchens Jon T $470,000 None Available
Khan Amir A $445,000 Fidelity National Title Insu
Fendley Daniel H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchens Jon T $423,000
Closed Hutchens Jon T $423,000
Previous Owner Khan Amir A $356,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2020 03/30/20 Sold $470,000 0.0% $104 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $469,900 +5.6% $104 / Sq Ft
04/29/2016 04/29/16 Sold $445,000 -11.0% $106 / Sq Ft View Prior Sale
03/21/2016 03/21/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $499,950 -- $119 / 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 $7,306 $709,300 $81,600 $627,700
2024 $6,482 $623,300 $68,400 $554,900
2023 $5,771 $544,400 $56,400 $488,000
2022 $5,484 $503,100 $56,400 $446,700
2021 $5,175 $474,800 $56,400 $418,400
2020 $5,138 $471,400 $56,400 $415,000
2019 $4,992 $458,000 $56,400 $401,600
2018 $4,807 $444,200 $56,400 $387,800
2017 $4,807 $441,000 $55,200 $385,800
2016 $4,788 $439,300 $54,000 $385,300
2015 $4,691 $430,400 $54,000 $376,400
2014 $4,294 $393,900 $54,000 $339,900
Source: Public Records

Agents Affiliated with this Home

  • Scott Avis

    Seller's Agent in 2020

    Scott Avis

    MKB, REALTORS(r)

    (540) 529-1983

    332 Total Sales

    Scott Avis
    Section Image

  • J

    Buyer's Agent in 2020

    Janie Meggers

    MKB, REALTORS(r) - OAK GROVE

    (540) 797-1419

    54 Total Sales

    Janie Meggers
    Section Image
  • Rick Payne

    Seller's Agent in 2016

    Rick Payne

    MKB, REALTORS(r)

    (540) 793-0442

    95 Total Sales

    Rick Payne
    Section Image
  • Lara Bingeman

    Buyer's Agent in 2016

    Lara Bingeman

    MKB, REALTORS(r)

    (540) 793-0844

    81 Total Sales

    Lara Bingeman
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 866252

Roanoke Valley Association of REALTORS®

APN: 084.04-01-28.01-0000

Virginia Roanoke County Roanoke 24018

5505 Ridgelea Rd, Roanoke, VA

This home is located at 5505 Ridgelea Rd, Roanoke, VA 24018 since 23 January 2020 and is currently estimated at $734,661, approximately $163 per square foot. This property was built in 1998. 5505 Ridgelea Rd is a home located in Roanoke County with nearby schools including Back Creek Elementary School, Cave Spring Middle School, and Cave Spring High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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