NOT LISTED FOR SALE

5682 Dry Hollow Rd Salem, VA 24153

Estimated Value: $139,431 - $180,000

2 Beds
1 Bath
840 Sq Ft
$190/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $65,000 $77 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $911/month

143 Days on Market

Highlights

  • Wood Burning Stove
  • Ranch Style House
  • Fenced Yard
  • Glenvar Middle School Rated A-
  • No HOA
  • Walk-In Closet

About This Home

As of May 2016

A little slice of the county, just minutes from Salem! This ultra-affordable, comfortable one-level home is just right for anyone wanting a friendly, rural setting without a long commute. Nicely updated in 2009, this home features a large eat-in kitchen, fenced yard w/''pirate ship'' playset, and a great detached workshop. You really can own here for less than you pay in rent!

Last Agent to Sell the Property

Brian & Rachelle Smith

RE/MAX ALL POINTS License #0225058049 Listed on: 11/28/2015

RE/MAX ALL POINTS

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $581

Year Built

  • Built in 1955

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced Yard
  • Level Lot

Home Design

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

Interior Spaces

  • 840 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Storage
  • Laundry on main level
  • Crawl Space

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed

Schools

  • Glenvar Elementary And Middle School
  • Glenvar High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Roanoke River Subdivision

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$581

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Storage, Walk-in-Closet, Wood Stove
  • Heating System: Baseboard Electric, Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Dishwasher, Range Electric, Refrigerator, Wall Oven
  • Cooling System: Other - See Remarks
  • Outside Features: Fenced Yard, Patio, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 840.00
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: .09+/-AC,Roa River
  • Total Above Grd Fin S Q F T: 840
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 840.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

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

Association/Amenities

  • Misc Features: Cable TV

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.09
  • ZoningCode: AR

Rental Info

  • Tenant: Chris & Lauren

Building Info

  • Year Built: 1955

Tax Info

  • Taxes (6 mo): 581.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2015
Closed on
May 3, 2016
Sold by
Leneave Christopher E
Bought by
Whiteside Sheril
Seller's Agent
Brian & Rachelle Smith
RE/MAX ALL POINTS
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
Current Estimated Value
$159,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,858
Avg. Annual Appreciation
9.86%

Purchase Details

Closed on
May 21, 2009
Sold by
Fisher Jesse J
Bought by
Leneave Christopher E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250
Interest Rate
4.83%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 17, 2007
Sold by
Boone Larry A
Bought by
Fisher Jessee J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,250
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Whiteside Sheril $65,000 Acquisition Title & Settleme
Leneave Christopher E $65,000 Fidelity National Title Insu
Fisher Jessee J $22,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leneave Christopher E $3,250
Previous Owner Leneave Christopher E $63,797
Previous Owner Fisher Jessee J $20,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2016 05/31/16 Sold $65,000 -7.0% $77 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
11/28/2015 11/28/15 For Sale $69,900 -- $83 / 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 $854 $82,900 $15,500 $67,400
2024 $818 $78,700 $15,500 $63,200
2023 $780 $73,600 $15,500 $58,100
2022 $705 $69,200 $15,500 $53,700
2021 $705 $66,800 $15,500 $51,300
2020 $705 $66,000 $15,500 $50,500
2019 $715 $65,600 $15,500 $50,100
2018 $623 $64,700 $15,500 $49,200
2017 $623 $57,200 $15,500 $41,700
2016 $581 $53,300 $15,500 $37,800
2015 $576 $52,800 $15,500 $37,300
2014 $573 $52,600 $15,000 $37,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 821212

Roanoke Valley Association of REALTORS®

APN: 073.00-01-49