15 days on rocket

5837 Twine Hollow Rd, Salem, VA, 24153

$850,000

31.37 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
ViewLake
MLS #906742
Lot Size31.37 Acres
StatusActive

About 5837 Twine Hollow Rd

Auction Property: List price may not reflect final sales price. List price is starting bid and non-reflective of value. Auction Ends May 30th @ 4 PM. Property features immediate access to I-81 from Exit 132. It offers opportunities for investment, business use or personal use! The 1.5 story, single family residence features 3 bedrooms and 1 bath. This property can be a primary residence, or investment property. The 7 year-old, 4,760 sq ft. shop building offers 16-foot ceilings, 14-foot garage doors, insulation, heating, air conditioning, paint booth area, office, restrooms, and 220-volt electrical service throughout. The northern boundary of the property boasts an approximate 3 acre lake plumbed for power generation. This +/- 31.37 acre property also contains multiple septic systems

Property Details

Property Features

Listing Office:

  • Office Name: UNITED COUNTRY BLUE RIDGE LAND & AUCTION - FLOYD

Exterior Features

Exterior Information:

  • View: Lake

Lot Features

Lot Information:

  • Lot: Other, Pond
  • Lot Size: 31.37 Acres

School Info

Assigned Schools Information:

  • Glenvar High School, Public District Grades 9-12
  • Glenvar Middle School, Public District Grades 6-8
  • Glenvar Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From I-81 S, take Exit 132 to a left onto State Rte 647, to a left onto Twine Hollow Road. Property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000

Tax Information:

  • Annual Amount: $1,045
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Salem, VA.

Med. Sold Price

$294.9K

Med. Price/SqFt

$169

Avg. Days On Market

3

# of Sold Homes

37

5837 Twine Hollow Rd vs Salem

15 DAYS ON ROCKET

+12 Days

$850,000

+$555K More

KEY TAKEAWAY

This property is $555K more than the Median Sold Price in Salem, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #906742

Listing Office:

  • Office Name: UNITED COUNTRY BLUE RIDGE LAND & AUCTION - FLOYD

IDXAlthough the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.

All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.

All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 8:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,045$95,900
2020$1,043$95,700
2018$1,012$92,800
2017$1,007$92,400

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4958085
6
/10
  • Glenvar Elementary School

  • 4507 Malus Dr

  • 2.77 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4958086
6
/10
  • Glenvar Middle School

  • 4555 Malus Dr

  • 2.69 miles

  • Public District Grades 6-8

High School

school-card-donut-4958087
6
/10
  • Glenvar High School

  • 4549 Malus Dr

  • 2.72 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,583. The most common annual income of people living in Salem, VA is between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5837 Twine Hollow Rd

What is the listing price of this property?

The listing price of 5837 Twine Hollow Rd property is $850,000.

What type of property is this?

The property 5837 Twine Hollow Rd is land located in Salem, Virginia, 24153.

Is this property for sale now?

Active Listing: 5837 Twine Hollow Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5837 Twine Hollow Rd are:
Glenvar Elementary School: GreatSchools Rating 6/10
Glenvar Middle School: GreatSchools Rating 6/10
Glenvar High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,045 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5837 Twine Hollow Rd is 31.37 acres.
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Rocket HomesVirginiaSalem241535837 Twine Hollow Rd

This home is located at 5837 Twine Hollow Rd in Salem, VA and zip code 24153. This home sits on a 31.37 acre lot. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $850,000.

Over 12 listings were sold over their listed price in April 2024 in Salem, VA. In the same period over 15 listings were sold below the listed price and 10 listings were sold for the listed price. In April 2024 in Salem, VA there were 18.6% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $294,944, while the average time on the real estate market was 3 days.

From Rocket Homes Real Estate and based on county public records data.

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