3 years on rocket

5403 Clearbrook Ln, Roanoke, VA, 24018

$550,000

2.71 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #882354
Lot Size2.71 Acres
StatusActive

About 5403 Clearbrook Ln

Two lots with frontage on both Franklin Road and Clearbrook Lane all a stones throw from the Walmart Super Center. C2 zoning with Clearbrook Overlay District. Concept plan has been completed by Balzer & Associates for a mixed use development of 25,200 square feet. 173' of frontage on Franklin Road (US 220) and 358' of frontage on Clearbrook Lane. Old farmhouse on the property. Easy access on Clearbrook Lane to traffic light at Walmart.

Property Details

Property Features

Listing Office:

  • Office Name: MKB, REALTORS(r)

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 2.71 Acres

Other

Directions Information:

  • Directions: South on Franklin Road. Property on Left once you pass the Walmart Super Center.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000

Tax Information:

  • Annual Amount: $570
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$271.4K

Med. Price/SqFt

$162

Avg. Days On Market

8

# of Sold Homes

165

5403 Clearbrook Ln vs Roanoke

1214 DAYS ON ROCKET

+1206 Days

$550,000

+$278.5K More

KEY TAKEAWAY

This property is $278.5K more than the Median Sold Price in Roanoke, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #882354

Listing Office:

  • Office Name: MKB, REALTORS(r)

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: 11/23/2024, 2:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$570$52,300
2020$563$51,700
2018$554$50,800
2017$549$50,400

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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-790251
7
/10
  • Clearbrook Elementary School

  • 5205 Franklin Rd SW

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-790252
2
/10
  • Garden City Elementary School

  • 3718 Garden City Blvd SE

  • 1.99 miles

  • Public District Grades PK-5

school-card-donut-790253
8
/10
  • Penn Forest Elementary School

  • 6328 Merriman Rd

  • 2.97 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,310. The majority of Roanoke, VA residents have income less than $35k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

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 5403 Clearbrook Ln

What is the listing price of this property?

The listing price of 5403 Clearbrook Ln property is $550,000.

What type of property is this?

The property 5403 Clearbrook Ln is land located in Roanoke, Virginia, 24018.

Is this property for sale now?

Active Listing: 5403 Clearbrook Ln 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 $570 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5403 Clearbrook Ln is 2.71 acres.
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Rocket HomesVirginiaRoanoke240185403 Clearbrook Ln

This home is located at 5403 Clearbrook Ln in Roanoke, VA and zip code 24018. This home sits on a 2.71 acre lot. It has been listed on Rocket Homes since July 27, 2021 and is currently priced at $550,000.

While more than 50 listings in Roanoke, VA in October 2024 were sold above asking price, there were more than 44 listings sold at asking price, and more than 71 were sold below. 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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