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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Roanoke, VA.
This property is $275K 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)
Although 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: 12/23/2024, 8:20:56 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
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,813
Per Month
Principal & Interest
$2,746
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,715
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Clearbrook Elementary School
5205 Franklin Rd SW
Distance between this listing and this school0.34 miles
Public District Grades PK-5
2
/10
Garden City Elementary School
3718 Garden City Blvd SE
Distance between this listing and this school1.99 miles
Public District Grades PK-5
8
/10
Penn Forest Elementary School
6328 Merriman Rd
Distance between this listing and this school2.97 miles
Public District Grades PK-5
Nearby Schools
4
/10
James Madison Middle School
1160 Overland Rd SW
Distance between this listing and this school3.64 miles
Public District Grades 6-8
7
/10
Cave Spring Middle School
4880 Brambleton Ave
Distance between this listing and this school4.11 miles
Public District Grades 6-8
3
/10
John P. Fishwick Middle School
1004 Montrose Ave SE
Distance between this listing and this school4.54 miles
Public District Grades 6-8
Nearby Schools
7
/10
Cave Spring High School
3712 Chaparral Dr
Distance between this listing and this school3.14 miles
Public District Grades 9-12
3
/10
Patrick Henry High School
2102 Grandin Rd SW
Distance between this listing and this school4.23 miles
Public District Grades 9-12
7
/10
Hidden Valley High School
5000 Titan Trl
Distance between this listing and this school4.59 miles
The neighbors living near this home have an average income of $44,310. Most Roanoke, VA residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area 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).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
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 62 listings in Roanoke, VA in November 2024 were sold above asking price, there were more than 21 listings sold at asking price, and more than 69 were sold below. Between October 2024 and November 2024, Roanoke, VA real estate market has seen increase in the number of listings by 15.7%. In November 2024 median list price was $275,000 and the average listing age was 31 days.
From Rocket Homes Real Estate and based on county public records data.