$740,269
SOLD NOV 7, 2018

6895 Fairway Ridge Rd Salem, VA 24153

5 Beds
4.5 Baths
3,989 Sq Ft
0.68 Acres

Recently Sold

$186 Per Sq Ft

6% Above List Price

57 Days on Market

Highlights

  • Under Construction
  • Mountain View
  • Covered patio or porch
  • Oak Grove Elementary School Rated A-
  • Deck
  • Breakfast Area or Nook

About This Home

As of June 2023

UNDER CONSTRUCTION AS OF LIST DATE. Authentic Farmhouse architecture w/ metal porch roof! New Floor Plan! Enjoy views from the front porch and the rear deck. Open and spacious kitchen, breakfast room and family room. Huge walk in pantry. Butler's pantry. 3 car garage into mudroom. Fantastic owner's suite w/huge boutique closet and bath. Upstairs laundry and spacious loft. Lower level has nice rec room, 5th bedroom and nice full bath. Fantastic flat lot with great views! Please note this home has a Salem mailing address but is physically located in SW County.

Last Agent to Sell the Property

Thomas Stover

MKB, REALTORS(r) - OAK GROVE License #0225001234 Listed on: 01/18/2018

Last Buyer's Agent

Scott Avis

MKB, REALTORS(r) License #0225192398

MKB, REALTORS(r)

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,362

Year Built

  • Built in 2018 | Under Construction

Lot Details

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

HOA Fees

  • $42 Monthly HOA Fees

Interior Spaces

  • Bookcases
  • Gas Log Fireplace
  • French Doors
  • Family Room with Fireplace
  • Storage
  • Mountain Views

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Basement

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • The Ridge At Fairway Forest Subdivision

Listing and Financial Details

  • Tax Lot 72

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,362

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Interior Features: Book Shelves, Breakfast Area, Gas Log Fireplace, Storage, Walk-in-Closet
  • Heating System: Forced Air Gas
  • 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
  • Outside Features: Covered Porch, Deck, Patio, Paved Driveway
  • Views: Mountain
  • BedroomsBRLowerLevel: 1
  • BedroomsBRUpperLevel: 4
  • EntryAboveGrdFin Sq Ft: 1395.00
  • ExteriorDoors: Fiberglass, French
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 3
  • Grand Total Attached S Q F T: 4690
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable, DSL
  • LaundryLaundryUpperLevel: 1
  • LowerBelowGrdFin Sq Ft: 708.00
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 3.00
  • POACondoDues: 500.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2018-03-16
  • Residential Type: Detached
  • Style Of House: Other - See Remarks
  • Total Above Grd Fin S Q F T: 3281
  • TotalBdrm: 5
  • TotalBths: 4.10
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 3989.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 701.00
  • 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: NewHome
  • Property Sub Type: MobileManufactured
  • Stories: 1

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, New Construction, 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): 1362.50
  • 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
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 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

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: 844347

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 and is currently priced at $740,269, approximately $185 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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