NOT LISTED FOR SALE

6982 Fairway Ridge Rd Salem, VA 24153

Estimated Value: $866,000 - $1,148,000

5 Beds
4.5 Baths
3,932 Sq Ft
$259/Sq Ft Est. Value

Last Sold January 03, 2020

Last sale price $699,950 $178 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,271/month

42 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 January 2020

Great Floor Plan For Everyday Living Or Entertaining With Open Family Room/Kitchen/Breakfast Across Back Of Home. This 5 BR, 4.5 Bath Home With a Study, Dining Room And Game Room Is So Spacious! Large Owner's Bedroom Suite Offers Sitting Area, Boutique Walk In Closet And Huge Bath. Have To Tout This Home To Appreciate The Efficient Layout!HOUSE UNDER CONSTRUCTION TO BE SIMILAR TO HOME IN PHOTO.

Last Agent to Sell the Property

Thomas Stover

MKB, REALTORS(r) - OAK GROVE License #0225001234 Listed on: 05/31/2019

Co-Listed By

Lynne Boone

ABOONE HOMES LLC License #0225242674

Last Buyer's Agent

Janie Meggers

MKB, REALTORS(r) - OAK GROVE License #0225175057

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $7,628

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 0.58 Acre Lot
  • Gentle Sloping Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Insulated Doors
  • Family Room with Fireplace
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Range Hood
  • Built-In Microwave
  • 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

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

Community Details

  • Westcott Llc Association
  • The Ridge At Fairway Forest Subdivision

Listing and Financial Details

  • Tax Lot 12

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$7,628

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Interior Features: Breakfast Area, Gas Log Fireplace, Walk-in-Closet
  • Heating System: Gas - Natural, Heat Pump Electric, Heat Pump Gas
  • Fireplace(s): Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Electric, Range Hood, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric, Heat Pump Gas
  • Outside Features: Covered Porch, Deck
  • Views: Mountain
  • BedroomsBRLowerLevel: 1
  • BedroomsBRUpperLevel: 4
  • EntryAboveGrdFin Sq Ft: 1437.00
  • ExteriorDoors: Fiberglass, Insulated
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 3
  • Grand Total Attached S Q F T: 4676
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryUpperLevel: 1
  • LowerBelowGrdFin Sq Ft: 697.00
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 3.00
  • Phone Email: 540-989-0863
  • P O A Condo Contact Name: Westcott LLC
  • POACondoDues: 500.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2019-07-12
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 3235
  • TotalBdrm: 5
  • TotalBths: 4.10
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 3932.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 744.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 744.00
  • UpperAboveGrdFin Sq Ft: 1798.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: NewHome
  • Property Sub Type: MobileManufactured
  • 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

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.58
  • Lot: 12
  • Phase: 1

Building Info

  • Year Built: 2019

Tax Info

  • Taxes (6 mo): 7628.00
  • FILLTAXID: 066.04-09-22.00-0000

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
May 31, 2019
Closed on
Jan 2, 2020
Sold by
Westcott Llc
Bought by
Armbruster Shannon and Fox Vaughn
Seller's Agent
Thomas Stover
MKB, REALTORS(r) - OAK GROVE
Buyer's Agent
Janie Meggers
MKB, REALTORS(r) - OAK GROVE
List Price
$699,950
Sold Price
$699,950
Current Estimated Value
$1,016,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,664
Avg. Annual Appreciation
6.78%
Original Mortgage
$699,950
Outstanding Balance
$618,434
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$398,180
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
Armbruster Shannon $699,950 First Choice Title & Setmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armbruster Shannon $699,950
Previous Owner Boone Homes Inc $9,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2020 01/03/20 Sold $699,950 0.0% $178 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $699,950 -- $178 / 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 $9,743 $945,900 $144,000 $801,900
2024 $8,908 $856,500 $140,000 $716,500
2023 $8,492 $801,100 $140,000 $661,100
2022 $7,751 $711,100 $130,000 $581,100
2021 $7,256 $665,700 $125,000 $540,700
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

  • T

    Seller's Agent in 2020

    Thomas Stover

    MKB, REALTORS(r) - OAK GROVE

    (540) 339-9750

    92 Total Sales

    Thomas Stover
    Section Image
  • Lynne Boone

    Seller Co-Listing Agent in 2020

    Lynne Boone

    ABOONE HOMES LLC

    (540) 556-9833

    79 Total Sales

    Lynne Boone
    Section Image

  • J

    Buyer's Agent in 2020

    Janie Meggers

    MKB, REALTORS(r) - OAK GROVE

    (540) 797-1419

    59 Total Sales

    Janie Meggers
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 859770

Roanoke Valley Association of REALTORS®

APN: 066.04-09-22

Virginia Roanoke County Salem 24153

6982 Fairway Ridge Rd, Salem, VA

This home is located at 6982 Fairway Ridge Rd, Salem, VA 24153 since 31 May 2019 and is currently estimated at $1,016,614, approximately $258 per square foot. This property was built in 2019. 6982 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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