6
Beds
4.5
Baths
4,100
Sq Ft
0.68
Acres
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 2023Better 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
MKB, REALTORS(r) - OAK GROVE License #0225001234 Listed on: 02/25/2023
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
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
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
Similar Homes in Salem, VA
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $900,000 | Priority Title | |
| Deed | $740,269 | First Choice Title & Settlem |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $720,000 | Construction | |
| Previous Owner | $738,000 | New Conventional | |
| Previous Owner | $9,000,000 | Credit Line Revolving |
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
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
-
Thomas Stover
T
Seller's Agent in 2023
Thomas Stover
MKB, REALTORS(r) - OAK GROVE
(540) 339-9750
100 Total Sales
-
Mac Westland
Buyer's Agent in 2023
Mac Westland
MAC WESTLAND REAL ESTATE GROUP
(540) 385-9400
274 Total Sales
-
Alexander Boone
A
Seller's Agent in 2018
Alexander Boone
ABOONE HOMES LLC
(540) 988-2079
5 Total Sales
-
Scott Avis
Buyer's Agent in 2018
Scott Avis
MKB, REALTORS(r)
(540) 529-1983
341 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 896228
APN: 066-04-09-07
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.
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.
Nearby Homes
- 7204 Fairway Ridge Cir
- 7243 Fairway Ridge Cir
- 7292 Fairway Ridge Cir
- 7180 Fairway Ridge Cir
- 7271 Fairway Ridge Cir
- 7124 Fairway Ridge Cir
- 7135 Fairway Ridge Cir
- 7212 Fairway Ridge Cir
- 7107 Fairway Ridge Cir
- 7110 Fairway Ridge Cir
- 7163 Fairway Ridge Cir
- 7121 Fairway Ridge Cir
- 7149 Fairway Ridge Cir
- 7083 Fairway Ridge Rd
- 7059 Fairway Ridge Rd
- 7035 Fairway Ridge Rd
- 7224 Fairway Ridge Rd
- 7042 Fairway Ridge Rd
- 7036 Fairway Ridge Rd
- 6491 Hidden Woods Dr