NOT LISTED FOR SALE

5565 New Pleasant Way Salem, VA 24153

Estimated Value: $398,619 - $421,000

3 Beds
2.5 Baths
1,675 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $387,500 $231 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,486/month

173 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Tankless Water Heater
  • Glenvar Middle School Rated A-
  • Walk-In Closet
  • Landscaped

About This Home

As of May 2024

The newest subdivision in the Glenvar area of Roanoke County is Point Pleasant. Just minutes to Salem and just off of Ext 132 on Interstate 81. This is an open floor plan 3-bedroom 2.5 bath home. This particular home is situated on a level almost 3/4 acre lot at the end of the cul-d-sac. The deck at the rear of the home is just the perfect spot to unwind after a long day and it opens up to a large level backyard. This plan offers a wonderful great room area, front covered porch and a large 2 car garage. The primary bedroom has an extra large walk in closet and double vanity in the bath. The kitchen will have an island for additional counter and storage space. A tankless natural gas water heater will give you on immediate hot water. If location is your goal, then welcome to 5565 New Pleasant Way.

Last Agent to Sell the Property

Nancy Page

Page & Assoc. Real Estate License #225043559 Listed on: 10/12/2023

Last Buyer's Agent

Mitch Jearls

MKB, Roanoke License #0225216090

MKB, Roanoke

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,767

Year Built

  • Built in 2023

Lot Details

  • 0.64 Acre Lot
  • Landscaped
  • Property is zoned Residential 1

Home Design

  • Ranch Style House
  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Trim
  • Passive Radon Mitigation

Interior Spaces

  • 1,675 Sq Ft Home
  • Panel Doors
  • Crawl Space
  • Attic Access Panel

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2.5 Bathrooms

Laundry

  • Laundry on main level
  • Washer Hookup

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • Property has a Home Owners Association
  • Association fees include common area maintenance
  • Property managed by Raines Property Mgmt
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 064010618

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,767

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Estimated Total Finished Sq Ft: 1675
  • Cable Internet Company: Comcast
  • Class: Residential
  • County Or City: Roanoke
  • Garage Dim Descrip: 20 x 22
  • HOA Management Company: Raines Property Mgmt
  • Legal Description: Point Pleasant lot 18
  • Lvt Date: 10/12/2023
  • Master On Main: Yes
  • Miscellaneous: Breakers, Underground Utility
  • Number Rooms: 7
  • Parcel Nbr: 064010618
  • Porch Dim Descrip: front covered
  • Property Sub Type: Detached
  • Main Level Bathrooms: 2
  • Room Level Bedrooms Main: 3
  • Main Level Half Bathrooms: 1
  • Style Structure Home: Ranch
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Water Heater: Gas-Natural, Tankless
  • Flooring: Carpet, Lvp
  • Appliances: Dishwasher, Disposal, Microwave, Range/Gas, Refrigerator, Washer Hookup
  • Attic: Access Only
  • Basement: Crawl Space
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Laundry On Main, Multi-Panel Doors, Pantry, Radon System-Passive, Walk-In Closet(s), Walls-Drywall

Exterior Features

  • Exterior Features: Blacktop Driveway, Deck, Insulated Glass, Quality Landscaping, Sidewalks
  • Exterior Finish: Vinyl
  • Roofing: Shingle

Garage/Parking

  • Garage Carport: Double Attached

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: Covenants & Restrctn, Home Owners Assoc
  • HOA Fee Includes: Common Area Maint

Schools

  • School District: Roanoke County
  • Elementary School: Glenvar
  • Middle School: Glenvar
  • High School: Glenvar

Lot Info

  • Estimated Lot Size: 0.64
  • Land Description: State Maintained Rd, Subdivision
  • Lot Size: 27878.4
  • Zoning: Residential 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
May 14, 2024
Sold by
Shah Dev Llc
Bought by
Douglas William K and Douglas Lizabeth R
Seller's Agent
Nancy Page
Page & Assoc. Real Estate
Buyer's Agent
Mitch Jearls
MKB, Roanoke
List Price
$389,500
Sold Price
$387,500
Premium/Discount to List
-$2,000
-0.51%
Views
292
Current Estimated Value
$409,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,310
Avg. Annual Appreciation
4.02%
Original Mortgage
$75,000
Outstanding Balance
$70,736
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
$339,074
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
Douglas William K $387,500 Virginia Title Center
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douglas William K $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Sold $387,500 0.0% $231 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
02/19/2024 02/19/24 Price Changed $387,500 -0.5% $231 / Sq Ft
10/12/2023 10/12/23 For Sale $389,500 -- $233 / Sq Ft
Source: New River 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 $3,767 $365,700 $38,000 $327,700
2024 $374 $36,000 $36,000 $0
2023 $334 $31,500 $31,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 419385

New River Valley Association of REALTORS®

APN: 064.01-06-18