NOT LISTED FOR SALE

6895 Fairway Ridge Rd Salem, VA 24153

Estimated Value: $867,000 - $1,211,000

6 Beds
4.5 Baths
4,100 Sq Ft
$251/Sq Ft Est. Value

Last Sold June 05, 2023

Last sale price $900,000 $220 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,484/month

21 Days on Market

Highlights

  • City View
  • Deck
  • Covered patio or porch
  • Oak Grove Elementary School Rated A-
  • <<bathWithWhirlpoolToken>>
  • Breakfast Area or Nook

About This Home

As of June 2023

Better than new! Custom home in prestigious Ridge at Fairway Forest. Expansive dining room with coffered ceiling, butler's pantry with wet bar flows to kitchen. First floor office. Open breakfast room, kitchen and family room lives large. 10 foot ceilings on first floor, crown molding throughout. Fixtures and finishes chosen by Emily Mangus Interiors, including designer wallpapers and Visual Comfort lighting. Entertaining space in basement with full bath, 6th bedroom and wet bar with additional gym space leading to fully fenced yard for kids and pets. Hidden Valley Schools.

Last Agent to Sell the Property

Thomas Stover

MKB, REALTORS(r) - OAK GROVE License #0225001234 Listed on: 02/25/2023

Last Buyer's Agent

Mac Westland

MAC WESTLAND REAL ESTATE GROUP License #0225237901

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,720

Year Built

  • Built in 2018

Lot Details

  • 0.68 Acre Lot
  • Cul-De-Sac
  • Fenced Yard
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • City
  • Mountain

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Gas Log Fireplace
  • French Doors
  • Family Room with Fireplace
  • Storage

Kitchen

  • Breakfast Area or Nook
  • <<builtInOvenToken>>
  • Cooktop<<rangeHoodToken>>
  • <<builtInMicrowave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • <<bathWithWhirlpoolToken>>

Basement

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

Parking

  • 3 Car Attached Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Oak Grove Elementary School
  • Hidden Valley Middle School
  • Hidden Valley High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Debby Nash Association
  • The Ridge At Fairway Forest Subdivision

Listing and Financial Details

  • Tax Lot 72

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,720

Year Built

Built in 2018

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Interior Features: Book Shelves, Breakfast Area, Gas Log Fireplace, Storage, Walk-in-Closet, Wet Bar, Whirlpool Bath
  • Heating System: Forced Air Gas, Heat Pump Electric, Zoned Heat
  • Fireplace(s): Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Cook Top, Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Hood, Refrigerator, Wall Oven
  • Cooling System: Central Cooling, Heat Pump Electric, Zoned Cooling
  • Outside Features: Covered Porch, Deck, Fenced Yard, Patio, Paved Driveway
  • Views: City, Mountain
  • BedroomsBRLowerLevel: 1
  • BedroomsBRUpperLevel: 5
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1395.00
  • ExteriorDoors: Fiberglass, French
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 3
  • Grand Total Attached S Q F T: 4801
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Comcast
  • LaundryLaundryUpperLevel: 1
  • LowerBelowGrdFin Sq Ft: 819.00
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 3.00
  • Phone Email: .
  • P O A Condo Contact Name: Debby Nash
  • POACondoDues: 500.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2023-03-18
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 3281
  • TotalBdrm: 6
  • TotalBths: 4.10
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 4100.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 701.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 701.00
  • UpperAboveGrdFin Sq Ft: 1886.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Paved Road, Underground Util

Schools

  • Elementary School: Oak Grove
  • Middle School: Hidden Valley
  • High School: Hidden Valley

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.68
  • Lot: 72
  • Phase: 1

Building Info

  • Year Built: 2018

Tax Info

  • Taxes (6 mo): 8720.00
  • FILLTAXID: 066.04-09-07.00-0000

MLS Schools

  • Elementary School: Oak Grove
  • HighSchool: Hidden Valley
  • Middle School: Hidden Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2023
Closed on
May 17, 2023
Sold by
Rippel Christopher A
Bought by
Gibbs Gregory and Gibbs Jennifer
Seller's Agent
Thomas Stover
MKB, REALTORS(r) - OAK GROVE
Buyer's Agent
Mac Westland
MAC WESTLAND REAL ESTATE GROUP
List Price
$899,950
Sold Price
$900,000
Premium/Discount to List
$50
0.006%
Current Estimated Value
$1,031,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,114
Avg. Annual Appreciation
8.64%
Original Mortgage
$720,000
Outstanding Balance
$703,777
Interest Rate
6.39%
Mortgage Type
Construction
Estimated Equity
$368,996

Purchase Details

Listed on
Mar 25, 2018
Closed on
Oct 30, 2018
Sold by
Westcott Llc
Bought by
Rippel Christopher A and Rippel Christina N
Seller's Agent
Alexander Boone
ABOONE HOMES LLC
Buyer's Agent
Alexander Boone
ABOONE HOMES LLC
List Price
$174,950
Sold Price
$162,000
Premium/Discount to List
-$12,950
-7.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.41%
Original Mortgage
$738,000
Interest Rate
4.7%
Mortgage Type
New Conventional
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
Gibbs Gregory $900,000 Priority Title
Rippel Christopher A $740,269 First Choice Title & Settlem
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Gregory $720,000
Previous Owner Rippel Christopher A $738,000
Previous Owner Boone Homes Inc $9,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Sold $900,000 0.0% $220 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
02/25/2023 02/25/23 For Sale $899,950 +21.6% $220 / Sq Ft
11/07/2018 11/07/18 Sold $740,269 +357.0% $186 / Sq Ft
11/07/2018 11/07/18 Sold $162,000 -7.4% --
03/25/2018 03/25/18 Pending -- -- --
03/25/2018 03/25/18 For Sale $174,950 -75.0% --
03/16/2018 03/16/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $699,950 -- $175 / 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
2024 $8,963 $861,800 $140,000 $721,800
2023 $2,402 $800,000 $140,000 $660,000
2022 $7,674 $704,000 $130,000 $574,000
2021 $7,187 $659,400 $125,000 $534,400
2020 $7,119 $653,100 $125,000 $528,100
2019 $6,595 $605,000 $125,000 $480,000
2018 $1,363 $125,000 $125,000 $0
2017 $1,363 $125,000 $125,000 $0
2016 $1,363 $125,000 $125,000 $0
2015 $1,363 $125,000 $125,000 $0
2014 $1,090 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Thomas Stover

    MKB, REALTORS(r) - OAK GROVE

    (540) 339-9750

    100 Total Sales

    Thomas Stover
    Section Image
  • Mac Westland

    Buyer's Agent in 2023

    Mac Westland

    MAC WESTLAND REAL ESTATE GROUP

    (540) 385-9400

    274 Total Sales

    Mac Westland
    Section Image

  • A

    Seller's Agent in 2018

    Alexander Boone

    ABOONE HOMES LLC

    (540) 988-2079

    5 Total Sales

    Alexander Boone
    Section Image
  • Scott Avis

    Buyer's Agent in 2018

    Scott Avis

    MKB, REALTORS(r)

    (540) 529-1983

    340 Total Sales

    Scott Avis
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 896228

Roanoke Valley Association of REALTORS®

APN: 066-04-09-07

Virginia Roanoke County Salem 24153

6895 Fairway Ridge Rd, Salem, VA

This home is located at 6895 Fairway Ridge Rd, Salem, VA 24153 since 25 February 2023 and is currently estimated at $1,031,114, approximately $251 per square foot. This property was built in 2018. 6895 Fairway Ridge Rd is a home located in Roanoke County with nearby schools including Oak Grove Elementary School, Hidden Valley Middle School, and Hidden Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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