NOT LISTED FOR SALE

6940 Fairway Ridge Rd Salem, VA 24153

Estimated Value: $1,197,000 - $1,441,141

6 Beds
4 Baths
4,368 Sq Ft
$302/Sq Ft Est. Value

Last Sold November 16, 2017

Last sale price $884,017 $202 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $8,085/month

Highlights

  • Colonial Architecture
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Oak Grove Elementary School Rated A-
  • French Doors
  • High Speed Internet

About This Home

As of November 2017

Listed and sold the same day. Custom designed home.

Last Agent to Sell the Property

Thomas Stover

MKB, REALTORS(r) - OAK GROVE License #0225001234 Listed on: 01/16/2017

Co-Listed By

Alexander Boone

ABOONE HOMES LLC License #0225239513

Last Buyer's Agent

Thomas Stover

MKB, REALTORS(r) - OAK GROVE License #0225001234 Listed on: 01/16/2017

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • 0.59 Acre Lot
  • Level Lot

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,368 Sq Ft Home
  • French Doors
  • Laundry on main level

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • 4 Full Bathrooms

Basement

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

Schools

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

Utilities

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

Community Details

  • The Ridge At Fairway Forest Subdivision

Listing and Financial Details

  • Tax Lot 9

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,363

Year Built

Built in 2017 | Under Construction

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Heating System: Forced Air Gas
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Cooling System: Central Cooling
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 2248.00
  • ExteriorDoors: Fiberglass, French
  • Internet Access: Cable, DSL
  • InternetAccessCurntInternetProv: Xfinity
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 3.00
  • POACondoDues: 350.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Colonial
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 4368
  • TotalBdrm: 6
  • TotalBths: 4.00
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 4368.00
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 2486.00
  • UpperAboveGrdFin Sq Ft: 2120.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.59
  • Lot: 9

Building Info

  • Year Built: 2017

Tax Info

  • Taxes (6 mo): 1363.00

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
Jan 16, 2017
Closed on
Nov 2, 2017
Sold by
Westcott Llc
Bought by
John Vishak J and Chacko Sandy E
Seller's Agent
Thomas Stover
MKB, REALTORS(r) - OAK GROVE
Buyer's Agent
Thomas Stover
MKB, REALTORS(r) - OAK GROVE
List Price
$810,000
Sold Price
$884,017
Premium/Discount to List
$74,017
9.14%
Current Estimated Value
$1,318,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,018
Avg. Annual Appreciation
5.15%
Original Mortgage
$795,526
Outstanding Balance
$666,613
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$651,422
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
John Vishak J $884,017 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open John Vishak J $795,526
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2017 11/16/17 Sold $884,017 +9.1% $202 / Sq Ft
01/16/2017 01/16/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $810,000 -- $185 / 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 $13,723 $1,332,300 $144,000 $1,188,300
2024 $12,608 $1,212,300 $140,000 $1,072,300
2023 $11,858 $1,118,700 $140,000 $978,700
2022 $10,790 $989,900 $130,000 $859,900
2021 $9,990 $916,500 $125,000 $791,500
2020 $9,886 $907,000 $125,000 $782,000
2019 $9,439 $866,000 $125,000 $741,000
2018 $1,363 $817,200 $125,000 $692,200
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 2017

    Thomas Stover

    MKB, REALTORS(r) - OAK GROVE

    (540) 339-9750

    88 Total Sales

    Thomas Stover
    Section Image

  • A

    Seller Co-Listing Agent in 2017

    Alexander Boone

    ABOONE HOMES LLC

    (540) 278-1365

    5 Total Sales

    Alexander Boone
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 833171

Roanoke Valley Association of REALTORS®

APN: 066.04-09-25

Virginia Roanoke County Salem 24153

6940 Fairway Ridge Rd, Salem, VA

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