new - 7 days on rocket

5225 Lipps Rd, Roanoke, VA, 24018

$392,000

Home List Price

$4,655*

Closing Credit

4 Bedrooms
2 Full Baths
2,526 SqFt
$155/SqFt
House

Location

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5225 Lipps Rd, Roanoke$392,000

Buyer Closing Credits

$4,655*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Under, Off Street Parking
Attached GarageYes
Year BuiltNew Const., 1956
HeatingForced Air
CoolingHeat Pump
BasementYes
FireplaceBasement, Living Room
MLS #912216
Lot Size0.79 Acres
StatusActive

About 5225 Lipps Rd

Great location! This move in ready brick ranch offers 3-4 bedrooms 2 full baths. Situated on .79 park like acres giving you privacy and feelings of being one with nature. The home has hardwood floors ( just refinished) , two fireplaces, beautiful kitchen with stainless steel appliances. The basement offers a large space for a theatre room or pool table, speaker's wired for surround sound finishing it off with a small bar for the perfect indoor entertaining area. The front yard boast a large covered front porch great for bird watching.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1956
  • Stories: 1
  • Living Area: 2,526 SqFt

Listing Office:

  • Office Name: MOORE, JAMES WM REAL ESTATE CO

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Dishwasher, Garage Door Opener, Microwave, Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Laminate, Tile - i.e. ceramic, Wood
  • Interior: Ceiling Fan, Skylight, Wet Bar
  • Fireplace: Basement, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Covered Porch, Deck, Fenced Yard, Garden Space, Paved Driveway, Storage Shed

Parking Information:

  • Attached Garage: Yes
  • Parking: Garage Under, Off Street Parking

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.79 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Route 419, turn on McVitty Rd, Right on Castle Rock, Left on Farmington Road, Left on Lipps Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $392,000
  • Price Per SqFt: $155/SqFt

Tax Information:

  • Annual Amount: $2,571
  • Tax Year: 2021
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Housing Market Comparison

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

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Roanoke, VA

City

Med. Sold Price

$271.4K

Med. Price/SqFt

$162

Avg. Days On Market

8

# of Sold Homes

165

5225 Lipps Rd vs Roanoke

7 DAYS ON ROCKET

-1 Day

$392,000

+$120.5K More

$155/SqFt

-$7 Less

KEY TAKEAWAY

This property is $120.5K more than the Median Sold Price and $7/SqFt less than other homes in Roanoke, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #912216

Listing Office:

  • Office Name: MOORE, JAMES WM REAL ESTATE CO

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: 11/13/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 15, 2020Home Sold
$265,000
Feb 01, 1999Home Sold
$94,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,571$235,900
2020$1,963$180,100
2018$1,887$173,100
2017$1,854$170,100

History based on county public records data.

Payment Calculator

$2,024

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,242

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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.

Nearby Schools

school-card-donut-271561
8
/10

  • Oak Grove Elementary School

  • 5005 Grandin Road Ext

  • 1.20 miles

  • Public District Grades PK-5

school-card-donut-271562
7
/10

  • Cave Spring Elementary School

  • 5404 Springlawn Ave

  • 1.29 miles

  • Public District Grades PK-5

school-card-donut-271563
6
/10

  • Green Valley Elementary School

  • 3838 Overdale Rd

  • 1.84 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,592. The majority of Roanoke, VA residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Roanoke, VA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Roanoke, VA.

The housing landscape in Roanoke, Virginia, is characterized by a mix of architectural styles, with single-family homes being a significant part of the market. These homes often feature traditional, colonial, and ranch styles, reflecting the city's historical roots and modern growth. The market also includes a selection of apartments and townhouses, providing options for various lifestyles and family sizes. The homeownership rate in Roanoke is robust, with a majority of residents owning their homes, while a proportionate number of residents opt for renting, indicating a balanced housing market.

What is it like to live in Roanoke, VA?

Roanoke is celebrated for its vibrant culture and scenic beauty, nestled in the Blue Ridge Mountains. The community prides itself on its outdoor activities, with easy access to trails and parks that cater to nature enthusiasts. The city's downtown area is a hub of cultural events, including festivals and markets that showcase local artisans and performers, contributing to Roanoke's unique character and charm.

Is it easy to get around Roanoke, VA without a car?

Roanoke provides a comprehensive array of services to its residents. The city's educational system includes numerous public and private schools, offering a range of educational opportunities from primary to secondary education. Healthcare services are well-established, with major hospitals and clinics providing a spectrum of medical care, from emergency services to specialized treatments. The public library system supports lifelong learning and community engagement. Retail and dining options reflect the local culture, with a blend of national chains and independent establishments that cater to a variety of tastes and preferences.

Transportation in Roanoke, VA.

Transportation in Roanoke is facilitated by a network of roads and highways, including Interstate 581 and U.S. Route 220, which enable efficient travel and commuting within the city and to neighboring areas. Public transit options are available, with bus services operating on a set schedule, connecting key areas of the city. The area's walkability varies, with the downtown core being particularly pedestrian-friendly, while other areas may be more reliant on vehicular transport. Ride-sharing services are present in Roanoke, complementing the public transportation system and providing additional mobility options for residents and visitors.

Frequently Asked Questions About 5225 Lipps Rd

What is the listing price of this property?

The listing price of 5225 Lipps Rd property is $392,000.

What type of property is this?

The property 5225 Lipps Rd is a house located in Roanoke, Virginia, 24018.

Is this property for sale now?

Active Listing: 5225 Lipps Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,571 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 15, 2020 for $265,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5225 Lipps Rd has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5225 Lipps Rd is 2,526 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5225 Lipps Rd is 1956.

Rocket Homes›Virginia›Roanoke County›Roanoke›24018›5225 Lipps Rd

This home is located at 5225 Lipps Rd in Roanoke, VA and zip code 24018. This 2,526 square foot home, which was built in 1956, sits on a 0.79 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $392,000.

In October 2024, from all listings sold in Roanoke, VA there were more than 50 sold above asking price, over 71 sold below and more than 44 were sold right at the asked price. The number of homes for sale in Roanoke, VA increased by 28.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 8 days, the median list price was $271,431.

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

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