6996 Fairway Ridge Rd
Salem, VA 24153
5 bd 5 ba 4,141 sqft Built 2021 Lot 27,007 sqft single_family
Most recent sale
$768,000
Jan 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 30, 2025 | Sold | $1,030,000 | Roanoke |
| Mar 7, 2025 | Listed | $1,030,000 | Roanoke |
| Jun 16, 2024 | Price changed | $1,030,000 | Roanoke |
| May 31, 2024 | Listed | $1,050,000 | Roanoke |
| Jan 20, 2022 | Sold | $768,000 | MLS #884218 |
| Jul 14, 2021 | Price changed | $799,899 | MLS #878794 |
| Jun 16, 2021 | Relisted | $799,999 | MLS #878794 |
| Apr 17, 2021 | Listed | $849,999 | MLS #878794 |
| Jan 20, 2021 | Sold | $775,800 | MLS #873893 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $827,000 | $144,000 | $971,000 | $10,001 |
| 2023 | $673,800 | $140,000 | $813,800 | $8,626 |
| 2022 | $592,200 | $130,000 | $722,200 | $7,871 |
| 2021 | — | $125,000 | $125,000 | $1,363 |
| 2020 | — | $125,000 | $125,000 | $1,363 |
| 2018 | — | $125,000 | $125,000 | $1,363 |
| 2017 | — | $125,000 | $125,000 | $1,363 |
| 2016 | — | $125,000 | $125,000 | $1,363 |
| 2015 | — | $125,000 | $125,000 | $1,363 |
| 2014 | — | $100,000 | $100,000 | $1,090 |
| 2013 | — | $75,000 | $75,000 | $818 |
| 2012 | — | $45,000 | $45,000 | $491 |
| 2011 | — | $45,000 | $45,000 | $491 |
| 2010 | — | $9,000 | $9,000 | $98 |
| 2009 | — | $9,000 | $9,000 | $98 |
| 2008 | — | $9,000 | $9,000 | $98 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
4,141 sqft
Lot size
27,007 sqft
ZIP code
24153
City
Salem
Street
Fairway Ridge Rd
Coordinates
37.25664, -80.06676
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,212
Gross rental yield
9.71%
Implied cap rate
6.31%
Trend-extrapolated value
—
Frequently asked questions
When did 6996 Fairway Ridge Rd last sell?
6996 Fairway Ridge Rd most recently sold on Jan 20, 2022 for $768,000.
What is the current tax assessment for 6996 Fairway Ridge Rd?
The most recent total assessment for 6996 Fairway Ridge Rd (year 2025) is $971,000 with $10,001 in property tax.
How does 6996 Fairway Ridge Rd's assessment compare to its last sale price?
The current assessment is 26.4% above the last sale price of $768,000.
When was 6996 Fairway Ridge Rd built?
6996 Fairway Ridge Rd was built in 2021.
How does 6996 Fairway Ridge Rd compare to others on Fairway Ridge Rd?
We track 8 other properties on Fairway Ridge Rd. Browse the list under "Other properties on Fairway Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 6996 Fairway Ridge Rd?
6996 Fairway Ridge Rd is a 5 bed, 5 bath, 4,141 sqft, 27,007 sqft lot single_family.
Is 6996 Fairway Ridge Rd a flip candidate?
No — 6996 Fairway Ridge Rd does not appear in our flips dataset.
Is 6996 Fairway Ridge Rd a tax-appeal candidate?
No — 6996 Fairway Ridge Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.7%
Implied 1-yr
+6.8%
2026 Q3
$386.8K
2026 Q4
$392.7K
ZIP 24153 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Fairway Ridge Rd