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5196 Burnt Quarter Drive

5196 Burnt Quarter Drive, Vinton, VA 24179
Property in Roanoke
Sold Sep 14, 2021
$300,000
$294,566 by Embrace Home Loans Inc
Mortgage Due Oct 01, 2051
Sold Jun 14, 2012
$175,000
$140,000 by Stellarone Bank
Mortgage Due Jul 01, 2042
5196 Burnt Quarter Drive has been categorized by the local assessors in Vinton, VA as a residential type of property. The building on the property was first built in 1984 and is 40 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5196 Burnt Quarter Drive has 2,288 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,144 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 43,560 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a screened porch and a patio. The building has a gable style roof made of shingle (not wood). The exterior walls of the building are made of a combination of material. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5196 Burnt Quarter Drive sold most recently in Aug 19, 2021 for a total of $300,000. If you work out the math, that's approximately a cost of $131.12 per sqft. Before that, the property was also sold for $175,000 in Jun 12, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,359 in taxes each year. 5196 Burnt Quarter Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $316,900. If we break it down further, the land itself was valued at $63,800. Improvements to the property, however, were assessed at a total of $253,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 1,144
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,288
  • Gross Building Area: 3,870
  • Building Area: 2,288
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,288
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FALLING CREEK II
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 12 BLK 2 SEC 5 FALLING CREEK ESTATES

Ownership

  • Current Owner : SMITH ROBERT S
  • Current Owner 2: SMITH JACOB S
  • Previous Owner : MALZI LORI A
  • Owner Before Previous Owner: GRAY DAVID LEE
  • Owner Before Previous Owner 2: GRAY HOLLY H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Roanoke County Public Schools
  • Census Tract: 031201

Zoning

  • Zoning: R1

Geography

  • Account Number: 000017461
  • Section: 5
  • Parcel: 050.04-03-60
  • Block: 2
  • Lot: 12
  • Municipality: VINTON
  • Latitude: 37.2975
  • Longitude: -79.8507

    Address

  • Full Address: 5196 Burnt Quarter Dr
  • Address - House Number: 5196
  • Address - Street Name: Burnt Quarter
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Vinton
  • Carrier Code: R003
  • 4-Digit Zip Code: 1104
  • Zip Code: 24179

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,359

    Appraisal Valuation

  • Standard Deviation: 0.1657
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 79
  • Final Value: 382,173
  • High Value: 445,508
  • Low Value: 318,839

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $294,566
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 14, 2021
  • First Open Lien Mortgage Loan Amount: $294,566
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $316,900
  • Market Land Value: $63,800
  • Market Improvement Value: $253,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,900
  • Assessed Land Value: $63,800
  • Assessed Improvements Value: $253,100

    Sales

  • Current Sale Contract Date: Aug 19, 2021
  • Current Sale Recording Date: Sep 14, 2021
  • Current Sale Transaction ID: 11855661819
  • Current Sale Price: $300,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202113303
  • Previous Sale Recording Date: Jun 14, 2012
  • Previous Sale Contract Date: Jun 12, 2012
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: Sep 14, 2021
  • First Mortgage Loan Amount: $294,566
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: STELLARONE BANK
  • Previous Mortgage Transaction Date: Jun 14, 2012
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2042

About Roanoke



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Frequently Asked Questions

What neighborhood is 5196 Burnt Quarter Drive located in?
The 5196 Burnt Quarter Drive is a located in the neighborhood of Roanoke in Roanoke, Vinton.
What is the average sales price for listings in 5196 Burnt Quarter Drive?
The average sales price for units in 5196 Burnt Quarter Drive is $0 currently.

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