NOT LISTED FOR SALE

7011 Malinda Rd Salem, VA 24153

Estimated Value: $520,000 - $592,000

3 Beds
3 Baths
3,476 Sq Ft
$159/Sq Ft Est. Value

Last Sold March 12, 2024

Last sale price $505,000 $145 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,394/month

148 Days on Market

Highlights

  • Spa
  • Colonial Architecture
  • Deck
  • Glenvar Middle School Rated A-
  • Mountain View
  • Family Room with Fireplace

About This Home

As of March 2024

This beautiful brick home on 2.79 acres at the top of a mountain cul-de-sac is perfect for those who enjoy nature and privacy outside while bringing natural touches inside. Gaze at the mountain views from your bedroom or enjoy complete seclusion on the patio with hot tub surrounded by the forest. Come inside where large windows bring in natural light to the hardwood floors, two double sided stone fireplaces, and wood beams. Almost 3500 sqft, with large primary bedroom with updated ensuite and two spacious bedrooms. Huge kitchen with ample cabinets and grantie countertops. Located on the edge of Roanoke and Montgomery Counties, this is the perfect location to enjoy an easy and beautiful commute to Roanoke/Salem or Blacksburg/Christiansburg.

Last Agent to Sell the Property

Aaron Smith

MKB, REALTORS(r) License #0225252464 Listed on: 09/15/2023

MKB, REALTORS(r)

Last Buyer's Agent

Kendra Porter

VIRGINIA REALTY GROUP License #0225197790

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,684

Year Built

  • Built in 1985

Lot Details

  • 2.79 Acre Lot
  • Gentle Sloping Lot
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Den with Fireplace
  • Sun or Florida Room
  • Mountain Views
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck

Schools

  • Glenvar Elementary And Middle School
  • Glenvar High School

Utilities

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

Community Details

Overview

  • No Home Owners Association
  • Campbell Hills Subdivision

Amenities

  • Google Fiber

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,684

Year Built

Built in 1985

Lot Details

2.79 Acres

Listing Details

  • Interior Features: Gas Log Fireplace, Masonry Fireplace
  • Heating System: Forced Air Electric
  • Fireplace(s): Den, Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Cook Top, Dishwasher, Garage Door Opener, Refrigerator, Wall Oven
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Deck, Hot Tub, Paved Driveway, Sunroom
  • Views: Mountain
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1953.00
  • Internet Access: Cable, Fiber
  • InternetAccessCurntInternetProv: Comcast
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 303.00
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 1080
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Colonial
  • Total Above Grd Fin S Q F T: 3173
  • TotalBdrm: 3
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3476.00
  • UpperAboveGrdFin Sq Ft: 1220.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Lot Info

  • Lot Description: Gentle Slope, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 2.79

Building Info

  • Year Built: 1985

Tax Info

  • Taxes (6 mo): 4684.14

MLS Schools

  • Elementary School: Glenvar
  • HighSchool: Glenvar
  • Middle School: Glenvar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Mar 11, 2024
Sold by
Denny Charles E and Denny Sandra D
Bought by
Schmitt Thomas R and Pressley Savannah
Seller's Agent
Aaron Smith
MKB, REALTORS(r)
Buyer's Agent
Kendra Porter
VIRGINIA REALTY GROUP
List Price
$549,888
Sold Price
$505,000
Premium/Discount to List
-$44,888
-8.16%
Views
214
Current Estimated Value
$554,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,050
Avg. Annual Appreciation
4.65%
Original Mortgage
$467,750
Outstanding Balance
$457,668
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$96,382
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Schmitt Thomas R $505,000 Pike Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitt Thomas R $467,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2024 03/12/24 Sold $505,000 -3.8% $145 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
02/01/2024 02/01/24 Price Changed $524,888 -1.9% $151 / Sq Ft
11/09/2023 11/09/23 Price Changed $534,888 -2.7% $154 / Sq Ft
09/22/2023 09/22/23 For Sale $549,888 0.0% $158 / Sq Ft
09/18/2023 09/18/23 Price Changed $549,888 -- $158 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $5,199 $504,800 $67,700 $437,100
2024 $5,235 $503,400 $67,700 $435,700
2023 $4,684 $441,900 $67,700 $374,200
2022 $4,118 $377,800 $65,700 $312,100
2021 $3,885 $356,400 $60,700 $295,700
2020 $3,792 $347,900 $60,700 $287,200
2019 $3,703 $339,700 $60,700 $279,000
2018 $3,441 $330,300 $60,700 $269,600
2017 $3,441 $315,700 $60,700 $255,000
2016 $3,408 $312,700 $60,700 $252,000
2015 $3,410 $312,800 $60,700 $252,100
2014 $3,410 $312,800 $60,700 $252,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 901667

Roanoke Valley Association of REALTORS®

APN: 063.04-02-11.01-0000

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