NOT LISTED FOR SALE

6965 Fairway Ridge Rd Salem, VA 24153

Estimated Value: $901,000 - $1,220,013

5 Beds
4.5 Baths
4,006 Sq Ft
$272/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $857,567 $214 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,695/month

23 Days on Market

Highlights

  • Under Construction
  • City View
  • Covered Patio or Porch
  • Oak Grove Elementary School Rated A-
  • Deck
  • Breakfast Area or Nook

About This Home

As of December 2020

Brand New Elevation on One of Best Lots in The Ridge. Spectacular wintertime view of entire Roanoke Valley. Great Floor Plan for Everyday Living Or Entertaining With Open Family Room/Kitchen/Breakfast Across Rear of Home. Front porch with stone, board and batten, and shake shingles. 5 BR, 4.5 Bath Home includes a Study, Dining Room, Butler's Pantry and huge Rec Room in Lower Level. Large Owner's Bedroom Suite Offers Sitting Area, Boutique Walk In Closet And Huge Bath. Have To Tour This Home To Appreciate The Efficient Layout and the Views from the Front and Rear! HOME UNDER CONSTRUCTION.

Last Agent to Sell the Property

Lynne Boone

ABOONE HOMES LLC License #0225242674 Listed on: 04/06/2020

Last Buyer's Agent

Lynne Boone

ABOONE HOMES LLC License #0225242674 Listed on: 04/06/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,362

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 0.92 Acre Lot
  • Level Lot
  • Property is zoned AR

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • City
  • Mountain

Home Design

  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • French Doors
  • Insulated Doors

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

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

Parking

  • 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

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Lynne Boone Association
  • The Ridge At Fairway Forest Subdivision

Listing and Financial Details

  • Tax Lot 63

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,362

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Interior Features: Breakfast Area, Gas Log Fireplace
  • Heating System: Gas - Natural, Heat Pump Electric, Zoned Heat
  • 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 Gas, Range Hood, Wall Oven
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck, Patio, Paved Driveway
  • Views: City, Mountain, Sunrise
  • EntryAboveGrdFin Sq Ft: 1425.00
  • ExteriorDoors: French, Insulated
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryUpperLevel: 1
  • LowerBelowGrdFin Sq Ft: 797.00
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBRUpperLvl: 1
  • Phone Email: Lynne@aboonehomes.com
  • P O A Condo Contact Name: Lynne Boone
  • POACondoDues: 500.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 3209
  • TotalBdrm: 5
  • TotalBths: 4.10
  • TotalFBaths: 4
  • Total Finished Sq Ft: 4006.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 698.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 698.00
  • UpperAboveGrdFin Sq Ft: 1784.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: NewHome
  • 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, New Construction, Paved Road, Underground Util

Lot Info

  • Lot Description: Level Lot, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.92
  • Lot: 63
  • Phase: 1
  • ZoningCode: AR

Building Info

  • Year Built: 2020

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

Listed on
Apr 6, 2020
Closed on
Dec 14, 2020
Sold by
Westcott Llc
Bought by
Kukar Manil and Laespriella Mariana Gomez De La
Seller's Agent
Lynne Boone
ABOONE HOMES LLC
Buyer's Agent
Lynne Boone
ABOONE HOMES LLC
List Price
$749,950
Sold Price
$857,567
Premium/Discount to List
$107,617
14.35%
Current Estimated Value
$1,089,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,936
Avg. Annual Appreciation
5.05%
Original Mortgage
$765,000
Outstanding Balance
$681,078
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$408,425
Source: Public Records

Range of Values:

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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
Kukar Manil $857,567 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kukar Manil $765,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $857,567 +14.3% $214 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $749,950 -- $187 / 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 $11,406 $1,107,400 $144,000 $963,400
2024 $10,455 $1,005,300 $140,000 $865,300
2023 $9,487 $895,000 $140,000 $755,000
2022 $8,648 $793,400 $130,000 $663,400
2021 $1,363 $125,000 $125,000 $0
2020 $1,363 $125,000 $125,000 $0
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

  • Lynne Boone

    Seller's Agent in 2020

    Lynne Boone

    ABOONE HOMES LLC

    (540) 556-9833

    85 Total Sales

    Lynne Boone
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 868434

Roanoke Valley Association of REALTORS®

APN: 066.04-09-16

Virginia Roanoke County Salem 24153

6965 Fairway Ridge Rd, Salem, VA

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