NOT LISTED FOR SALE

2506 Sharmar Rd Roanoke, VA 24018

Cave Spring Neighborhood

Estimated Value: $429,000 - $515,000

4 Beds
2.5 Baths
3,384 Sq Ft
$140/Sq Ft Est. Value

Last Sold April 11, 2018

Last sale price $250,000 $74 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,852/month

9 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Cul-De-Sac
  • Hidden Valley Middle School Rated A
  • No HOA
  • Front Porch

About This Home

As of April 2018

Beautiful maintenance free Colonial in the Hidden Valley School District. Very convenient location, private back yard and a large lot in the cul-de-sac. The home is spacious with large bedrooms, hardwood floors, brick fireplaces and a large multi-level deck. The Master suite has been updated with a large walk-in shower and 2nd level laundry. The finished walkout basement includes a 2nd laundry area, Rec Room with built-in bar, Family Room and a 1 car garage under. This home has a lot of potential.

Last Agent to Sell the Property

Daniel Brown

EXECUTIVE REALTY INC License #0225087968 Listed on: 02/24/2018

Last Buyer's Agent

Tina Hannabass

MKB, REALTORS(r) License #0225086229

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $3,304

Year Built

  • Built in 1974

Lot Details

  • 0.49 Acre Lot
  • Cul-De-Sac
  • Gentle Sloping Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Insulated Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Laundry on main level

Kitchen

  • Built-In Oven
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

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

Parking

  • 1 Covered Space
  • Tuck Under Garage

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Green Valley Elementary School
  • Hidden Valley Middle School
  • Hidden Valley High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Spring Valley Highlands Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 1

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$3,304

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Interior Features: Gas Log Fireplace, Masonry Fireplace, Walk-in-Closet
  • Heating System: Forced Air Gas, Heat Pump Electric, Zoned Heat
  • Fireplace(s): Family Room, Recreation Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Wall Oven
  • Cooling System: Central Cooling
  • Outside Features: Deck, Paved Driveway
  • BedroomsBRUpperLevel: 4
  • EntryAboveGrdFin Sq Ft: 1242.00
  • ExteriorDoors: Insulated, Metal
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 3726
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Cox
  • LaundryLaundryLowerLevel: 1
  • LaundryLaundryUpperLevel: 1
  • LowerBelowGrdFin Sq Ft: 900.00
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • RatifiedContractDt: 2018-03-05
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubdivisionMap: Spring Valley
  • Total Above Grd Fin S Q F T: 2484
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 3384.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 342.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 342.00
  • UpperAboveGrdFin Sq Ft: 1242.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Maint-Free Exterior, Underground Util

Schools

  • Elementary School: Green Valley
  • Middle School: Hidden Valley
  • High School: Hidden Valley

Lot Info

  • Lot Description: Gentle Slope
  • Lot Dimensions: Irregular
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.49
  • Lot: 2

Building Info

  • Year Built: 1974

Tax Info

  • Taxes (6 mo): 3304.00
  • FILLTAXID: 068.18-02-27.00-0000

MLS Schools

  • Elementary School: Green Valley
  • HighSchool: Hidden Valley
  • Middle School: Hidden Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2018
Closed on
Apr 3, 2018
Sold by
Hughes William J and Hughes Nancy L
Bought by
Escobar Alexander and Wells Michele M
Seller's Agent
Daniel Brown
EXECUTIVE REALTY INC
Buyer's Agent
Tina Hannabass
MKB, REALTORS(r)
List Price
$269,950
Sold Price
$250,000
Premium/Discount to List
-$19,950
-7.39%
Current Estimated Value
$474,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,669
Avg. Annual Appreciation
8.91%
Original Mortgage
$245,471
Outstanding Balance
$211,976
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$262,693
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
Escobar Alexander $250,000 Acquisition Title & Settleme
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobar Alexander $245,471
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2018 04/11/18 Sold $250,000 -7.4% $74 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/24/2018 02/24/18 For Sale $269,950 -- $80 / 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 $4,032 $391,500 $65,000 $326,500
2024 $3,802 $365,600 $65,000 $300,600
2023 $3,358 $316,800 $55,000 $261,800
2022 $3,117 $286,000 $55,000 $231,000
2021 $2,882 $264,400 $49,000 $215,400
2020 $2,863 $262,700 $49,000 $213,700
2019 $2,834 $260,000 $46,000 $214,000
2018 $2,968 $277,700 $46,000 $231,700
2017 $2,968 $272,300 $46,000 $226,300
2016 $2,969 $272,400 $46,000 $226,400
2015 $2,950 $270,600 $44,000 $226,600
2014 $2,737 $251,100 $40,000 $211,100
Source: Public Records

Agents Affiliated with this Home

  • Daniel Brown

    Seller's Agent in 2018

    Daniel Brown

    EXECUTIVE REALTY INC

    (540) 989-0911

    29 in this area

    120 Total Sales

    Daniel Brown
    Section Image

  • T

    Buyer's Agent in 2018

    Tina Hannabass

    MKB, REALTORS(r)

    (540) 761-5899

    4 in this area

    24 Total Sales

    Tina Hannabass
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 845388

Roanoke Valley Association of REALTORS®

APN: 068.18-02-27

Virginia Roanoke County Roanoke 24018 Cave Spring

2506 Sharmar Rd, Roanoke, VA

This home is located at 2506 Sharmar Rd, Roanoke, VA 24018 since 24 February 2018 and is currently estimated at $474,669, approximately $140 per square foot. This property was built in 1974. 2506 Sharmar Rd is a home located in Roanoke County with nearby schools including Green Valley Elementary School, Hidden Valley Middle School, and Hidden Valley High School.

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.

Roanoke 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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