NOT LISTED FOR SALE

6463 New River Rd Fairlawn, VA 24141

Estimated Value: $135,000 - $187,000

3 Beds
1 Bath
1,428 Sq Ft
$118/Sq Ft Est. Value

Last Sold July 05, 2022

Last sale price $100,500 $70 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $880/month

22 Days on Market

Highlights

  • 1.04 Acre Lot
  • No HOA
  • Shed
  • Wood Burning Stove
  • Covered Patio or Porch
  • 4-minute walk to New River Community Park

About This Home

As of July 2022

Great potential rental investment or first time home buyer! Home has 3 bedrooms and 1 bathroom. New heat pump put in two years ago, roof has been re-painted every 5 years. Vinyl siding and windows replaced around early 2000s. Town water and sewage. The bathtub was replumbed last year, and the floors have been refinished about 7 years ago. Property has access to 3 out buildings and a big yard! Great location to the river and Radford University!

Last Agent to Sell the Property

Draken Thompson

U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD License #0225258430 Listed on: 03/08/2022

Last Buyer's Agent

Hunter Orey

REAL BROKER LLC - DGA-SALEM License #0225252278

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $320

Year Built

  • Built in 1956

Lot Details

  • 1.04 Acre Lot
  • Gentle Sloping Lot
  • Cleared Lot
  • Garden

Interior Spaces

  • 1,428 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Flue
  • Partially Finished Basement
  • Walk-Out Basement
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$320

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Flue Available, Wood Stove
  • Heating System: Forced Air Electric, Forced Air Oil, Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Partial
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Garden Space, Paved Driveway, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1428.00
  • ExteriorDoors: Fiberglass, Wood
  • Internet Access: Undetermined
  • LaundryLaundryEntryLevel: 1
  • Major Area: 30 - Pulaski County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 1 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1428
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1428.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Paved Road

Green Features

  • Energy Features: Wood Stove

Lot Info

  • Lot Description: Cleared, Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.04

Building Info

  • Year Built: 1956

Tax Info

  • Taxes (6 mo): 320.05

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Jun 27, 2022
Sold by
Hodges Nester Ruby
Bought by
Miller Jack Stelone
Seller's Agent
Draken Thompson
U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD
Buyer's Agent
Hunter Orey
REAL BROKER LLC - DGA-SALEM
List Price
$99,000
Sold Price
$100,500
Premium/Discount to List
$1,500
1.52%
Current Estimated Value
$168,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,833
Avg. Annual Appreciation
15.83%
Original Mortgage
$95,475
Outstanding Balance
$90,841
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$77,492
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
Miller Jack Stelone $99,000 True North Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Jack Stelone $95,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2022 07/05/22 Sold $100,500 +1.5% $70 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $99,000 -- $69 / 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 $15 $2,000 $2,000 $0
2024 $15 $2,000 $2,000 $0
2023 $15 $2,000 $2,000 $0
2022 $625 $84,500 $18,000 $66,500
2021 $625 $84,500 $18,000 $66,500
2020 $547 $71,000 $14,000 $57,000
2019 $547 $71,000 $14,000 $57,000
2018 $547 $71,000 $14,000 $57,000
2017 $454 $71,000 $14,000 $57,000
2016 $454 $71,000 $14,000 $57,000
2015 $454 $71,000 $14,000 $57,000
2014 $457 $77,400 $14,000 $63,400
2013 $457 $77,400 $14,000 $63,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 887515

Roanoke Valley Association of REALTORS®

APN: 12509