NOT LISTED FOR SALE

6997 Fairway Ridge Rd Salem, VA 24153

Estimated Value: $789,000 - $892,000

3 Beds
2.5 Baths
3,057 Sq Ft
$279/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $813,271 $266 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,190/month

Highlights

  • Golf Course Community
  • Under Construction
  • Deck
  • Oak Grove Elementary School Rated A-
  • Mountain View
  • Wooded Lot

About This Home

As of June 2023

Welcome to the Treehouse! Mountain views abound from this wide-open new floor plan with new construction one floor living. Primary bedroom suite offers fantastic 180 degree views, beautiful Bath with Walk-In Tile Shower, spacious boutique closet. Main floor Study can double as Den or Bedroom. Large Dining area adjacent to Gourmet Kitchen with Double Wall Ovens, Island, Gas cooktop and island. Huge Recreation Room in lower level, Two Additional Bedrooms, Full Bath and tons of Storage. Additional space can be finished for Gym, Theatre, etc. Smaller yard for lower maintenance. One of last homes in first section of The Ridge at Fairway Forest.

Last Agent to Sell the Property

Lynne Boone

ABOONE HOMES LLC License #0225242674 Listed on: 02/23/2023

Last Buyer's Agent

Lynne Boone

ABOONE HOMES LLC License #0225242674 Listed on: 02/23/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,221

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 1.15 Acre Lot
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Stone Siding
  • Hardboard

Interior Spaces

  • 3,057 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Mountain Views
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

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

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 59

Community Details

Overview

  • Debby Nash Association
  • The Ridge At Fairway Forest Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,221

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Interior Features: Breakfast Area, Gas Log Fireplace
  • Heating System: Forced Air Gas
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Gas, Range Hood
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck, Patio
  • Views: Mountain
  • BedroomsBREntryLevel: 1
  • BedroomsBRLowerLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1804.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 3057
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBREntryLvl: 1
  • OtherAboveGrdFin Sq Ft: 1253.00
  • Phone Email: Lynne@aboonehomes.com
  • P O A Condo Contact Name: Debby Nash
  • POACondoDues: 500.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2023-02-24
  • Residential Type: Detached
  • Style Of House: 1 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 3057
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalFBaths: 2
  • Total Finished Sq Ft: 3057.00
  • TotalHBaths: 1
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • 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: Maint-Free Exterior, New Construction, Paved Road, Underground Util

Schools

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

Lot Info

  • Lot Description: Views, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.15
  • Lot: 59
  • Phase: 1

Building Info

  • Year Built: 2023

Tax Info

  • Taxes (6 mo): 1220.80
  • FILLTAXID: 066.04-09-20.00-0000

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 23, 2023
Closed on
Aug 1, 2023
Sold by
Westcott Llc
Bought by
Boone Assets Llc
Seller's Agent
Lynne Boone
ABOONE HOMES LLC
Buyer's Agent
Lynne Boone
ABOONE HOMES LLC
List Price
$779,960
Sold Price
$813,271
Premium/Discount to List
$33,311
4.27%
Current Estimated Value
$851,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,139
Avg. Annual Appreciation
1.99%
Original Mortgage
$670,500
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 23, 2023
Closed on
Jun 14, 2023
Sold by
Wescott Llc
Bought by
Tucker David Wilson and Tucker Lisa
Seller's Agent
Lynne Boone
ABOONE HOMES LLC
Buyer's Agent
Lynne Boone
ABOONE HOMES LLC
List Price
$779,960
Sold Price
$813,271
Premium/Discount to List
$33,311
4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,500
Interest Rate
6.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Boone Assets Llc -- None Listed On Document
Tucker David Wilson $789,271 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tucker David Wilson $670,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2023 06/15/23 Sold $813,271 +4.3% $266 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $779,960 -- $255 / 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 $7,559 $733,900 $136,800 $597,100
2024 $6,987 $671,800 $133,000 $538,800
2023 $1,187 $112,000 $112,000 $0
2022 $1,417 $130,000 $130,000 $0
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 2023

    Lynne Boone

    ABOONE HOMES LLC

    (540) 556-9833

    84 Total Sales

    Lynne Boone
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 896169

Roanoke Valley Association of REALTORS®

APN: 066.04-09-20

Virginia Roanoke County Salem 24153

6997 Fairway Ridge Rd, Salem, VA

This home is located at 6997 Fairway Ridge Rd, Salem, VA 24153 since 23 February 2023 and is currently estimated at $851,410, approximately $278 per square foot. This property was built in 2023. 6997 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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