NOT LISTED FOR SALE

5842 W River Rd Salem, VA 24153

Estimated Value: $206,861 - $264,000

3 Beds
1 Bath
1,210 Sq Ft
$199/Sq Ft Est. Value

Sale Details

Date Sold: January 9, 2017

Last sale price $110,000 $91 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,415 / mo

78 Days on Market

Highlights

  • River Front
  • Ranch Style House
  • Screened Porch
  • Glenvar Middle School Rated A-
  • Wood Flooring
  • Bay Window

About This Home

As of January 2017

Hear the peaceful, calm sound of the river. Enjoy the beautiful view from your windows and yard. Excellent swimming holes for Summer fun. Energy efficient vinyl replacement windows throughout. Large windows allow for lots of natural light. New roof in last 8 years. Hardwood floors & ceramic tile in kitchen and bath. Huge kitchen with new stainless steel appliances. Marble tub/surround shower. Frehs paint and window treatments throughout. Kitchen door low Emmissivity. Lots of closet space and storage. Storage building. River front (no flood insurance required by owner's lender, BB&T). Beautiful setting for outdoor activities. Outdoor patio and built-in fire pit. Beautiful landscaping, trees and flowering bushes. PRIVATE. Convenient to Salem/Roanoke and New River Valley. Move In Condition.

Last Agent to Sell the Property

David Lane

Welcome Home Real Estate License #225180372 Listed on: 09/12/2016

Welcome Home Real Estate

Last Buyer's Agent

Rory Willis

Long & Foster - Roanoke License #0225224385

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • River Front
  • Property is in very good condition
  • Property is zoned Town Home

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,210 Sq Ft Home
  • Ceiling Fan
  • Bay Window
  • Screened Porch
  • Storage

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Storage Shed

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • Stream

Listing and Financial Details

  • Assessor Parcel Number 073.00-01-01.00-0000

Home Details

Home Type

Single Family

Year Built

Built in 1970 | Remodeled

Lot Details

0.37 Acres

Listing Details

  • Appearance: Remodeled, Very Good
  • Estimated Total Finished Sq Ft: 1210
  • Class: Residential
  • County Or City: Roanoke
  • Deed Bk Pg Instrumnt: DB/Page
  • Legal Description: Tax ID 073.00-01-01.00-0000
  • Master On Main: Yes
  • Miscellaneous: Breakers
  • Parcel Nbr: 073.00-01-01.00-0000
  • Property Sub Type: Detached
  • Style Structure Home: Ranch
  • Water Frontage: River Frontage
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Ceramic Tile, Hardwood
  • Appliances: Dishwasher, Microwave, Range/Electric, Refrigerator
  • Basement: Full, Partially Finished, Walk Out
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Interior Amenities: Bay/Bow Windows, Ceiling Fan(s), Extra Storage

Exterior Features

  • Exterior Features: Screened Porch, Storage Shed
  • Exterior Finish: Brick
  • Roofing: Shingle

Utilities

  • Air Conditioner: Central Electric
  • Heating: Heat Pump
  • Sewer: Septic
  • Water: Well

Lot Info

  • Land Description: Stream, Water Frontage
  • Zoning: Town Home

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2021
Sold by
Willis Joel S and Willis Christina L
Bought by
Willis Rory Scott
Current Estimated Value
$234,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Outstanding Balance
$122,401
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$118,814

Purchase Details

Listed on
Sep 12, 2016
Closed on
Jan 6, 2017
Sold by
Gilbert Adam J and Gilbert Lynn S
Bought by
Willis Joel S and Willis Christina L Vance
Seller's Agent
David Lane
Welcome Home Real Estate
Buyer's Agent
Rory Willis
Long & Foster - Roanoke
List Price
$117,500
Sold Price
$110,000
Premium/Discount to List
-$7,500
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$107,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2008
Sold by
Bank Of New York
Bought by
Gilbert Adam J and Gilbert Lynn S

Purchase Details

Closed on
May 5, 2008
Sold by
Yates Eric Wayne
Bought by
Bank Of New York
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Willis Rory Scott $142,000 Performance Ttl & Setmnt Inc
Willis Joel S $110,000 Mid States Title
Gilbert Adam J $102,700 None Available
Bank Of New York $79,690 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willis Rory Scott $134,900
Previous Owner Willis Joel S $107,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2017 01/09/17 Sold $110,000 0.0% $91 / Sq Ft View Prior Sale
01/09/2017 01/09/17 Sold $110,000 -6.4% $91 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
11/23/2016 11/23/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $117,500 +2.2% $97 / Sq Ft
08/29/2016 08/29/16 For Sale $114,950 -- $95 / Sq Ft
Source: New River Valley Association of REALTORS®

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 $1,961 $190,400 $31,200 $159,200
2024 $1,809 $173,900 $31,200 $142,700
2023 $1,685 $159,000 $31,200 $127,800
2022 $1,482 $136,000 $27,200 $108,800
2021 $1,376 $126,200 $24,800 $101,400
2020 $1,288 $118,200 $24,800 $93,400
2019 $1,281 $117,500 $24,800 $92,700
2018 $1,198 $118,000 $27,200 $90,800
2017 $1,198 $109,900 $28,800 $81,100
2016 $1,187 $108,900 $28,800 $80,100
2015 $1,177 $108,000 $28,800 $79,200
2014 $1,170 $107,300 $28,000 $79,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: New River Valley Association of REALTORS®

MLS Number: 325466

New River Valley Association of REALTORS®

APN: 073.00-01-01

Your Personal Tour Guide

Ask me questions while you tour the home.