NOT LISTED FOR SALE

6949 Fairway Ridge Rd Salem, VA 24153

Estimated Value: $1,031,000 - $1,208,745

0.78 Acre
$1,453,764 Price per Acre
33,977 Sq Ft Lot

Last Sold March 14, 2018

Last sale price $151,950

Est. 646% increase in value since last sale

Current estimated payment $6,897/month

96 Days on Market

Highlights

  • Golf Course View
  • Stream or River on Lot
  • High Speed Internet
  • Oak Grove Elementary School Rated A-
  • Wooded Lot
  • Level Lot

About This Lot

As of March 2018

Spectacular large, FLAT lot in SW County! Where in SW County can you find a flat lot? Room for a pool, outdoor amenities abound. The Ridge at Fairway Forest is the Roanoke Valley's premier high end new home community with panoramic views, location and beautiful architecture.

Last Agent to Sell the Property

Alexander Boone

ABOONE HOMES LLC License #0225239513 Listed on: 11/08/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,362

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions are 144 x 192
  • Level Lot
  • Wooded Lot
  • Property is zoned AR

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Golf Course
  • City
  • Mountain

Schools

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

Utilities

  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 65

Community Details

Overview

  • The Ridge At Fairway Forest Subdivision

Recreation

  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,362

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Road Frontage: 144.00
  • Type: Land
  • Views: City, Golf Course, Mountain, Sunrise, Sunset
  • ElectricDescription: Below Ground
  • Internet Access: Cable, DSL
  • Land Sub Type: Residential - Single Family
  • Major Area: 02 - Roanoke County
  • POATerms: Annual
  • Hoa2 Or Poa: Yes
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Gas Description: Natural Gas
  • Sewer Description: Public Sewer
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Cable TV Avail, Stream

Lot Info

  • Lot Dimensions: 144 x 192
  • Property Group Id: 19990816212131825981000000
  • Land Description: Level
  • Total Acreage: 0.78
  • Lot: 65
  • Land Type: Lot
  • Phase: 1
  • ZoningCode: AR

Tax Info

  • Taxes (6 mo): 1362.50

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2020
Sold by
Mischianti Robert L and Mischianti Sandra C
Bought by
Mischianti Robert L and Mischianti Sandra C
Current Estimated Value
$1,133,936

Purchase Details

Listed on
Nov 8, 2017
Closed on
Mar 9, 2018
Sold by
Wise Scott W and Wise Margaret D
Bought by
Mischianti Robert L and Mischianti Sandra C
Seller's Agent
Alexander Boone
ABOONE HOMES LLC
List Price
$154,950
Sold Price
$151,950
Premium/Discount to List
-$3,000
-1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.14%

Purchase Details

Listed on
Feb 7, 2014
Closed on
Feb 26, 2014
Sold by
Westcott Llc
Bought by
Wise Scott W and Wise Margaret D
Seller's Agent
Alexander Boone
ABOONE HOMES LLC
Buyer's Agent
Alexander Boone
ABOONE HOMES LLC
List Price
$179,950
Sold Price
$179,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.11%
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 Buyer Sale Price Title Company
Mischianti Robert L -- None Available
Mischianti Robert L $151,500 Fidelity National Title Insu
Wise Scott W $179,950 Fidelity Natl Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2018 03/14/18 Sold $151,950 -1.9% --
02/12/2018 02/12/18 Pending -- -- --
11/08/2017 11/08/17 For Sale $154,950 -13.9% --
03/03/2014 03/03/14 Sold $179,950 0.0% -- View Prior Sale
02/07/2014 02/07/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $179,950 -- --
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 $11,043 $1,072,100 $144,000 $928,100
2024 $10,169 $977,800 $140,000 $837,800
2023 $8,651 $816,100 $140,000 $676,100
2022 $7,894 $724,200 $130,000 $594,200
2021 $7,388 $677,800 $125,000 $552,800
2020 $7,316 $671,200 $125,000 $546,200
2019 $1,363 $125,000 $125,000 $0
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

  • A

    Seller's Agent in 2018

    Alexander Boone

    ABOONE HOMES LLC

    (540) 278-1365

    5 Total Sales

    Alexander Boone
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 842891

Roanoke Valley Association of REALTORS®

APN: 066.04-09-14

Virginia Roanoke County Salem 24153

6949 Fairway Ridge Rd, Salem, VA

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