$720,000
SOLD OCT 11, 2024

7064 Fairway Ridge Ct Salem, VA 24153

3 Beds
2.5 Baths
2,625 Sq Ft
0.47 Acres

Recently Sold

$274 Per Sq Ft

2 Days on Market

Highlights

  • Cottage
  • Breakfast Area or Nook
  • Front Porch
  • Oak Grove Elementary School Rated A-
  • Cul-De-Sac
  • 2 Car Attached Garage

About This Home

As of October 2024

Beautiful one floor living, open floor plan in The Ridge at Fairway Forest! Perfect for empty-nesters or any lifestyle. First floor primary bedroom suite with beautiful tiled showed and boutique walk in closet. Kitchen with large island, cabinets and refrigerator, casual dining area. Sunroom/Study offers flex space, privacy. Open Dining Room. Second floor with Two Large Bedrooms, Full Bath. Huge storage area that can be finished. Brick, shingle, insulated vinyl exterior for rustic elevation. Private rear yard with stone wall. Mountain views from the front. Community playground. The Ridge at Fairway Forest is SW Roanoke County's premier new home community and 5 mins to Lewis Gale, 10 mins to VA Med Center, fewer than 20 to Carilion/Roanoke Memorial/VTC Medical School/Research Institute.

Last Agent to Sell the Property

Lynne Boone

ABOONE HOMES LLC License #0225242674 Listed on: 08/21/2024

Last Buyer's Agent

Steve Stevens

RE/MAX REAL ESTATE ONE License #0225098053

RE/MAX REAL ESTATE ONE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,742

Year Built

  • Built in 2022

Lot Details

  • 0.47 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Property is zoned AR

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Cottage
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,625 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • French Doors
  • Storage
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Kayla Spradlin Murray Association
  • The Ridge At Fairway Forest Subdivision

Listing and Financial Details

  • Tax Lot 17

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,742

Year Built

Built in 2022

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Interior Features: Breakfast Area, Ceiling Fan, Gas Log Fireplace, Storage
  • Heating System: Gas - Natural, Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Gas, Refrigerator
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Patio, Paved Driveway
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1819.00
  • ExteriorDoors: Fiberglass, French
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 2625
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable, DSL
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Phone Email: 540-255-8060
  • P O A Condo Contact Name: Kayla Spradlin - Murray
  • POACondoDues: 500.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2024-09-08
  • Residential Type: Detached
  • Style Of House: 1.5 Story, Cottage
  • Total Above Grd Fin S Q F T: 2625
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2625.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 806.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Maint-Free Exterior, Paved Road, Underground Util

Schools

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

Lot Info

  • Lot Description: Cleared, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.47
  • Lot: 17
  • Phase: 3
  • ZoningCode: AR

Building Info

  • Year Built: 2022

Tax Info

  • Taxes (6 mo): 6742.16
  • FILLTAXID: 066.04-10-04.00-0000

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
Aug 21, 2024
Closed on
Oct 11, 2024
Sold by
Abre Holdings Inc and Aboone Real Estate Inc
Bought by
Sharpe William Franklin and Sharpe Pamela Hardy
Seller's Agent
Lynne Boone
ABOONE HOMES LLC
Buyer's Agent
Steve Stevens
RE/MAX REAL ESTATE ONE
List Price
$720,000
Sold Price
$720,000
Views
4
Current Estimated Value
$760,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,067
Avg. Annual Appreciation
4.46%
Original Mortgage
$684,000
Outstanding Balance
$680,130
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$66,763
Source: Public Records

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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 Type Sale Price Title Company
Deed $720,000 Acquisition Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $684,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Sold $720,000 0.0% $274 / Sq Ft
09/08/2024 09/08/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $720,000 -- $274 / 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
2024 $6,742 $648,300 $112,000 $536,300
2023 $6,425 $606,100 $112,000 $494,100
2022 $1,134 $104,000 $104,000 $0
2021 $1,090 $100,000 $100,000 $0
2020 $1,226 $112,500 $112,500 $0
2019 $1,022 $93,800 $93,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 910214

Roanoke Valley Association of REALTORS®

APN: 066.04-10-04