NOT LISTED FOR SALE

2898 Tree Swallow Rd Roanoke, VA 24018

Cave Spring Neighborhood

Estimated Value: $229,000 - $263,000

2 Beds
1.5 Baths
1,232 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $135,800 $110 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,645/month

Highlights

  • 1 Fireplace
  • Community Pool
  • Skylights
  • Penn Forest Elementary School Rated A
  • Cul-De-Sac
  • Central Air

About This Home

As of November 2022

This great townhouse is centrally located in Cave Spring and is a short distance to Cave Spring High School and Tanglewood Mall. It's an end unit in the cul-de-sac, with two-bedrooms, large walk-in closets, one full bathroom (jack and jill), one half bathroom, full walkout basement, and a great deck. Located in the The Forest, which has a great community pool. Priced well to allow for the new owner to make additional updates. Ideal for an investor looking for a rental property or flip. The owner is selling ''as is'' and will make no repairs.Personal property in the townhouse will be left will convey with the townhouse.

Last Agent to Sell the Property

April McGhee

L T MCGHEE & CO License #0225246137 Listed on: 10/05/2022

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,591

Year Built

  • Built in 1981

Lot Details

  • 2,614 Sq Ft Lot
  • Cul-De-Sac

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,232 Sq Ft Home
  • Skylights
  • 1 Fireplace

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Basement

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

Parking

  • 2 Open Parking Spaces
  • Assigned Parking

Schools

  • Penn Forest Elementary School
  • Cave Spring Middle School
  • Cave Spring High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 25 / 1

Community Details

Overview

  • Signature Mangaement Association
  • The Forest Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,591

Year Built

Built in 1981

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Interior Features: Skylight
  • Heating System: Heat Pump Gas
  • Type: A
  • Property Subtype 1: Townhouse
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Disposer, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • AddlCoveredPrkng: Not Applicable
  • CondoAssocYN: Yes
  • EntryAboveGrdFin Sq Ft: 616.00
  • Fireplace Number Fireplaces: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Undetermined
  • Major Area: 02 - Roanoke County
  • Phone Email: 540-266-1422
  • P O A Condo Contact Name: Signature Mangaement
  • POACondoDues: 185.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • Residential Type: Attached
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1232
  • TotalBdrm: 2
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1232.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 616.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Designated Spaces
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 616.00
  • UpperAboveGrdFin Sq Ft: 616.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Cul-de-sac

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.06
  • Lot: 25

Building Info

  • Year Built: 1981

Tax Info

  • Taxes (6 mo): 1591.40

MLS Schools

  • Elementary School: Penn Forest
  • HighSchool: Cave Spring
  • Middle School: Cave Spring

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2023
Sold by
Pjdiii Llc
Bought by
Wagner George Samuel
Current Estimated Value
$244,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Outstanding Balance
$153,775
Interest Rate
6.39%
Mortgage Type
VA
Estimated Equity
$91,093

Purchase Details

Listed on
Oct 5, 2022
Closed on
Nov 18, 2022
Sold by
Gabriel Eugene R
Bought by
Pjdi Iii Llc
Seller's Agent
April McGhee
L T MCGHEE & CO
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$139,900
Sold Price
$135,800
Premium/Discount to List
-$4,100
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.88%
Original Mortgage
$147,000
Interest Rate
6.94%
Mortgage Type
New Conventional
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
Wagner George Samuel $258,000 Premier Title & Settlement
Pjdi Iii Llc $135,800 True North Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner George Samuel $158,000
Previous Owner Pjdi Iii Llc $147,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2022 11/18/22 Sold $135,800 -2.9% $110 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $139,900 -- $114 / 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 $2,059 $199,900 $40,000 $159,900
2024 $2,053 $197,400 $35,000 $162,400
2023 $1,753 $165,400 $35,000 $130,400
2022 $1,593 $146,100 $32,000 $114,100
2021 $1,441 $132,200 $27,000 $105,200
2020 $1,351 $123,900 $26,000 $97,900
2019 $1,315 $120,600 $26,000 $94,600
2018 $1,271 $119,600 $26,000 $93,600
2017 $1,271 $116,600 $26,000 $90,600
2016 $1,247 $114,400 $26,000 $88,400
2015 $1,281 $117,500 $26,000 $91,500
2014 $1,293 $118,600 $27,000 $91,600
Source: Public Records

Agents Affiliated with this Home

  • April McGhee

    Seller's Agent in 2022

    April McGhee

    L T MCGHEE & CO

    (540) 314-1475

    5 in this area

    98 Total Sales

    April McGhee
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member Transaction Agent

    Non-Member Transaction Office

See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 893474

Roanoke Valley Association of REALTORS®

APN: 087.10-05-69

Virginia Roanoke County Roanoke 24018 Cave Spring

2898 Tree Swallow Rd, Roanoke, VA

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