NOT LISTED FOR SALE

5517 W River Rd Salem, VA 24153

Estimated Value: $267,000 - $298,000

3 Beds
1.5 Baths
1,296 Sq Ft
$219/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $135,000 $104 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,673/month

185 Days on Market

Highlights

  • 1,000 Feet of Waterfront
  • River View
  • Living Room with Fireplace
  • Glenvar Middle School Rated A-
  • Wood Burning Stove
  • Stream or River on Lot

About This Home

As of February 2015

A great home; this brick ranch sits on the Roanoke River has views of the mountains & the valley. Fish off the banks of the river in the back yard. Hardwood floors, a full basement & carport. Storage building included! Great yard, quiet road. Minutes away from Salem but all country. Have the best of both worlds, make every day a vacation. This 3 Bedroom, 1.5 bath won't last long, see it now!

Last Agent to Sell the Property

Steven Drake

WAINWRIGHT & CO., REALTORS(r) License #0225201184 Listed on: 08/08/2014

WAINWRIGHT & CO.,  REALTORS(r)

Co-Listed By

Robert Hurt

LYONS TEAM, REALTORS(r) License #0225210388

Last Buyer's Agent

Tina Hannabass

MKB, REALTORS(r) License #0225086229

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1971

Lot Details

  • 1,000 Feet of Waterfront
  • Garden

Property Views

  • River
  • Mountain

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,296 Sq Ft Home
  • Wood Burning Stove
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement

Parking

  • 4 Open Parking Spaces
  • 1 Parking Space
  • Attached Carport
  • Off-Street Parking

Outdoor Features

  • Stream or River on Lot
  • Shed
  • Rear Porch

Schools

  • Glenvar Elementary And Middle School
  • Glenvar High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,100

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Interior Features: Masonry Fireplace, Wood Stove
  • Heating System: Heat Pump Electric
  • Fireplace(s): Basement, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Dishwasher, Range Electric, Refrigerator, Sump Pump
  • Cooling System: Heat Pump Electric
  • Outside Features: Garden Space, Paved Driveway, Storage Shed
  • Views: Mountain, River
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1296.00
  • ExteriorDoors: Metal
  • HalfBathsHalfBathsEntryLvl: 1
  • InternetAccessCurntInternetProv: Version and Dish
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 1000.00
  • Major Area: 02 - Roanoke County
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: 064.03-01-32.00-00
  • Total Above Grd Fin S Q F T: 1296
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1296.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 1296.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 1296.00
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • WaterID: River or Other
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch

Utilities

  • Sewer Description: Private Septic - 3BR
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Paved Road, Stream

Green Features

  • Energy Features: Fireplace Insert

Lot Info

  • Lot Dimensions: Varied
  • Property Group Id: 19990816212109142258000000
  • ZoningCode: r-1

Building Info

  • Year Built: 1971

Tax Info

  • Taxes (6 mo): 1100.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2014
Closed on
Feb 19, 2015
Sold by
Bivens Erna K
Bought by
Bell John Dixon and Bell Shirley Mae
Seller's Agent
Steven Drake
WAINWRIGHT & CO., REALTORS(r)
Buyer's Agent
Tina Hannabass
MKB, REALTORS(r)
List Price
$148,500
Sold Price
$135,000
Premium/Discount to List
-$13,500
-9.09%
Current Estimated Value
$283,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,875
Avg. Annual Appreciation
7.12%
Original Mortgage
$93,000
Outstanding Balance
$32,849
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$251,026

Purchase Details

Closed on
May 17, 2010
Sold by
Ferguson Donald Lee
Bought by
Bivens Rodger D and Bivens Erna K
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
Bell John Dixon $135,000 Acquisition Title & Settleme
Bivens Rodger D $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell John Dixon $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2015 02/27/15 Sold $135,000 -9.1% $104 / Sq Ft
02/09/2015 02/09/15 Pending -- -- --
08/08/2014 08/08/14 For Sale $148,500 -- $115 / 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 $2,186 $212,200 $42,600 $169,600
2024 $2,021 $194,300 $42,600 $151,700
2023 $1,893 $178,600 $42,600 $136,000
2022 $1,673 $153,500 $37,600 $115,900
2021 $1,582 $145,100 $34,600 $110,500
2020 $1,483 $136,100 $34,600 $101,500
2019 $1,425 $130,700 $34,600 $96,100
2018 $1,377 $128,900 $37,600 $91,300
2017 $1,377 $126,300 $39,600 $86,700
2016 $1,287 $118,100 $39,600 $78,500
2015 $1,104 $101,300 $39,600 $61,700
2014 $1,101 $101,000 $38,600 $62,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 806851

Roanoke Valley Association of REALTORS®

APN: 064.03-01-32