NOT LISTED FOR SALE

1871 Elbert Dr Roanoke, VA 24018

Cave Spring Neighborhood

Estimated Value: $342,000 - $409,000

4 Beds
3 Baths
3,100 Sq Ft
$123/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $335,000 $108 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,289/month

7 Days on Market

Highlights

  • No HOA
  • Breakfast Area or Nook
  • Handicap Accessible
  • Oak Grove Elementary School Rated A-
  • Storage
  • 1-Story Property

About This Home

As of July 2022

Solid Brick Ranch with convenient location in the desired Hidden Valley School District. Park-like setting. Thoughtful Flow with multigenerational appeal. Entry Level provides a Split Design with 2 Bedrooms and Full Bath on either side of the Home. One of the Baths is Handicap Accessible. Completing this Floor are an Eat-In-Kitchen; Living, Dining, and Family Rooms. The Basement is ideal for guests and/or teenagers and offers a Sitting Area, two Bedroom Suite with shared Jack and Jill Bath, Laundry and Storage. The oversized Garage allows additional space for storage or workshop. Furnace installed approximately 8 years ago. A newer auxiliary Unit was installed 2019 for the largest Bedroom to accommodate specific temperature requirements of the resident. Hardwood Floors throughout entry.

Last Agent to Sell the Property

Jeannine Hanson

LONG & FOSTER - ROANOKE OFFICE License #0225155937 Listed on: 05/23/2022

LONG & FOSTER - ROANOKE OFFICE

Last Buyer's Agent

Edgar Smith

MKB, REALTORS(r) - OAK GROVE License #0225024966

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,553

Year Built

  • Built in 1959

Lot Details

  • 0.6 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Storage
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Open Parking Spaces
  • 1 Parking Space
  • Tuck Under Garage
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Schools

  • Oak Grove Elementary School
  • Hidden Valley Middle School
  • Hidden Valley High School

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hidden Valley Homes Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,553

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Gas Log Fireplace, Storage
  • Heating System: Heat Pump Water
  • Fireplace(s): Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Range Electric, Refrigerator, Wall Oven
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Paved Driveway
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1850.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Cox
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 1250.00
  • Major Area: 02 - Roanoke County
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • Residential Type: Detached
  • Style Of House: 1 Story
  • SubdivisionMap: HiddenValleyHomes
  • Total Above Grd Fin S Q F T: 1850
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3100.00
  • UncoveredNumberSpaces: 3.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Handicap Access, Paved Road, Underground Util

Lot Info

  • Lot Description: Level Lot, Varied
  • Lot Dimensions: 1 Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.60
  • Lot: 10

Building Info

  • Year Built: 1959

Tax Info

  • Taxes (6 mo): 2553.00

MLS Schools

  • Elementary School: Oak Grove
  • HighSchool: Hidden Valley
  • Middle School: Hidden Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jul 11, 2022
Sold by
Koehler Suzanne P
Bought by
Sharp Eric D and Sharp Hope R
Seller's Agent
Jeannine Hanson
LONG & FOSTER - ROANOKE OFFICE
Buyer's Agent
Edgar Smith
MKB, REALTORS(r) - OAK GROVE
List Price
$342,750
Sold Price
$335,000
Premium/Discount to List
-$7,750
-2.26%
Current Estimated Value
$382,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,413
Avg. Annual Appreciation
4.11%
Original Mortgage
$347,060
Outstanding Balance
$330,188
Interest Rate
5.09%
Mortgage Type
VA
Estimated Equity
$52,225
Source: Public Records

Range of Values:

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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
Sharp Eric D $335,000 Hors Tracy Bryan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharp Eric D $347,060
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $335,000 -2.3% $108 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $342,750 -- $111 / Sq Ft
Source: Roanoke 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
2025 $3,397 $329,800 $60,000 $269,800
2024 $3,163 $304,100 $52,000 $252,100
2023 $3,104 $292,800 $50,000 $242,800
2022 $2,553 $234,200 $44,000 $190,200
2021 $2,273 $208,500 $40,000 $168,500
2020 $2,249 $206,300 $39,000 $167,300
2019 $2,160 $198,200 $39,000 $159,200
2018 $2,054 $191,900 $38,000 $153,900
2017 $2,054 $188,400 $36,000 $152,400
2016 $2,023 $185,600 $35,000 $150,600
2015 $1,981 $181,700 $35,000 $146,700
2014 $1,928 $176,900 $34,000 $142,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jeannine Hanson

    LONG & FOSTER - ROANOKE OFFICE

    (540) 989-0863

    29 in this area

    78 Total Sales

    Jeannine Hanson
    Section Image

  • E

    Buyer's Agent in 2022

    Edgar Smith

    MKB, REALTORS(r) - OAK GROVE

    (540) 353-2800

    28 in this area

    84 Total Sales

    Edgar Smith
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 889819

Roanoke Valley Association of REALTORS®

APN: 076.06-03-39

Virginia Roanoke County Roanoke 24018 Cave Spring

1871 Elbert Dr, Roanoke, VA

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