NOT LISTED FOR SALE

118 Cave Hill Rd Newport, VA 24128

Estimated Value: $344,000 - $593,000

3 Beds
2 Baths
1,328 Sq Ft
$316/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $351,000 $264 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,335/month

2 Days on Market

Highlights

  • Secluded Lot
  • Wood Flooring
  • Porch
  • Ranch Style House
  • No HOA
  • French Doors

About This Home

As of June 2023

Less than 20 minutes from VT, everything about this charming ranch feels like HOME! Gleaming hardwood floors throughout main living area, 3 main level bedrooms including primary with & en suite bath. Finest in one level living instantly feels warm, bright, endlessly versatile & flexible leading to covered porch with beautiful views. Full unfinished walk-out basement.

Last Agent to Sell the Property

Dawn Myers

RE/MAX 8 - Blacksburg Listed on: 05/15/2023

RE/MAX 8 - Blacksburg

Last Buyer's Agent

Joe Racek

MR Real Estate License #0225214636

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $598

Year Built

  • Built in 1992

Lot Details

  • 6.64 Acre Lot
  • Secluded Lot
  • Property is in good condition

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Metal Roof
  • Vinyl Trim

Interior Spaces

  • 1,328 Sq Ft Home
  • French Doors
  • Attic Floors

Kitchen

  • Oven
  • Microwave

Flooring

  • Wood
  • Laminate
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement
  • Laundry in Basement

Outdoor Features

  • Porch

Utilities

  • Heat Pump System
  • Spring water is a source of water for the property
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4561E

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$598

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Appearance: Good
  • Estimated Total Finished Sq Ft: 1328
  • Cable Internet Company: Pemtel
  • Class: Residential
  • County Or City: Giles
  • Garage Dim Descrip: Double Attached
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: To Be Acquired By Ronald D & Pamela M Stiff
  • Lvt Date: 05/15/2023
  • Master On Main: Yes
  • Modular: Yes
  • Number Rooms: 5
  • Parcel Nbr: 4561E
  • Porch Dim Descrip: Covered
  • Property Sub Type: Detached
  • Main Level Bathrooms: 2
  • Room Level Bedrooms Main: 3
  • Style Structure Home: Ranch
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Hardwood, Laminated, Vinyl
  • Appliances: Dryer Hookup-Elec, Dryer/Electric, Microwave, Oven, Refrigerator, Washer, Washer Hookup
  • Attic: Floored
  • Basement: Concrete Floor, Full, Laundry, Outside Access, Walk Out
  • Bedrooms: 3
  • Fireplace: Basement, Wood Stove
  • Full Bathrooms: 2
  • Interior Amenities: French Doors

Exterior Features

  • Exterior Features: Porch
  • Exterior Finish: Brick, Vinyl
  • Roofing: Metal

Garage/Parking

  • Garage Carport: Double Attached

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump
  • Sewer: Septic
  • Water: Spring, Well

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Giles County
  • Elementary School: Eastern
  • Middle School: Eastern
  • High School: Giles

Lot Info

  • Land Description: Secluded Lot
  • Lot Size: 289238.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Jun 13, 2023
Sold by
Myers Brian O and Myers Bobbi M
Bought by
Swanson Jeffrey
Seller's Agent
Dawn Myers
RE/MAX 8 - Blacksburg
Buyer's Agent
Joe Racek
MR Real Estate
List Price
$348,500
Sold Price
$351,000
Premium/Discount to List
$2,500
0.72%
Views
27
Current Estimated Value
$417,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,304
Avg. Annual Appreciation
10.65%
Original Mortgage
$280,800
Outstanding Balance
$275,113
Interest Rate
6.71%
Mortgage Type
Construction
Estimated Equity
$162,129

Purchase Details

Closed on
Sep 17, 2008
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Swanson Jeffrey $351,000 --
-- $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Jeffrey $280,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2023 06/14/23 Sold $351,000 +0.7% $264 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $348,500 -- $262 / Sq Ft
Source: New River Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $598 $176,000 $47,100 $128,900
2023 $1,197 $176,000 $47,100 $128,900
2022 $1,197 $176,000 $47,100 $128,900
2021 $1,144 $176,000 $47,100 $128,900
2020 $1,144 $176,000 $47,100 $128,900
2019 $1,057 $157,800 $47,100 $110,700
2018 $994 $157,800 $47,100 $110,700
2017 -- $157,800 $47,100 $110,700
2016 $994 $157,800 $47,100 $110,700
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dawn Myers

    Seller's Agent in 2023

    Dawn Myers

    RE/MAX

    (540) 239-7772

    155 Total Sales

    Section Image
  • Joe Racek

    Buyer's Agent in 2023

    Joe Racek

    MR Real Estate

    (540) 808-3624

    217 Total Sales

    Section Image
  • Jared Moore

    Buyer Co-Listing Agent in 2023

    Jared Moore

    MR Real Estate

    (540) 808-8930

    40 Total Sales

    Section Image
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 418060

New River Valley Association of REALTORS®

APN: 45-61E

Virginia Giles County Newport 24128

118 Cave Hill Rd, Newport, VA

This home is located at 118 Cave Hill Rd, Newport, VA 24128 since 15 May 2023 and is currently estimated at $419,390, approximately $315 per square foot. This property was built in 1992. 118 Cave Hill Rd is a home located in Giles County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New River Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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