NOT LISTED FOR SALE

2901 Lofton Rd Roanoke, VA 24018

Cave Spring Neighborhood

Estimated Value: $315,316 - $358,000

4 Beds
2 Baths
1,404 Sq Ft
$242/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $249,950 $178 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,013/month

Highlights

  • Family Room with Fireplace
  • Ranch Style House
  • Central Air
  • Green Valley Elementary School Rated A-
  • No HOA
  • Baseboard Heating

About This Home

As of May 2021

Listed and Sold Same Day

Last Agent to Sell the Property

Tracy Davis

STOVER DAVIS REALTY & ASSOCIATES LLC License #0225041604 Listed on: 04/01/2021

Last Buyer's Agent

Tracy Davis

STOVER DAVIS REALTY & ASSOCIATES LLC License #0225041604 Listed on: 04/01/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,141

Year Built

  • Built in 1965

Lot Details

  • 0.27 Acre Lot

Parking

  • Tuck Under Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,404 Sq Ft Home
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

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

Basement

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

Schools

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

Utilities

  • Central Air
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Spring Valley Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 11

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,141

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Heating System: Baseboard Gas
  • Fireplace(s): Family Room, Living Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Cooling System: Central Cooling
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1404.00
  • Fireplace Number Fireplaces: 2
  • LaundryLaundryLowerLevel: 1
  • Major Area: 02 - Roanoke County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: Yes
  • Total Above Grd Fin S Q F T: 1404
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1404.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Lot Info

  • Lot Dimensions: .27AC
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.27
  • Lot: 1

Building Info

  • Year Built: 1965

Tax Info

  • Taxes (6 mo): 2141.00

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
Apr 1, 2021
Closed on
May 26, 2021
Sold by
Price Norman R and Price Joyce M
Bought by
Jalloh Abubakarr and Garibay Venus E
Seller's Agent
Tracy Davis
STOVER DAVIS REALTY & ASSOCIATES LLC
Buyer's Agent
Tracy Davis
STOVER DAVIS REALTY & ASSOCIATES LLC
List Price
$249,950
Sold Price
$249,950
Current Estimated Value
$339,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,629
Avg. Annual Appreciation
6.77%
Original Mortgage
$242,452
Outstanding Balance
$219,851
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$119,728

Purchase Details

Listed on
Jun 19, 2018
Closed on
Jul 19, 2018
Sold by
Perfater David Alan and Perfater Catherine F
Bought by
Price Norman R and Price Joyce M
Seller's Agent
Tina Hannabass
MKB, REALTORS(r)
Buyer's Agent
Tracy Davis
STOVER DAVIS REALTY & ASSOCIATES LLC
List Price
$189,950
Sold Price
$189,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%
Original Mortgage
$89,950
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Jalloh Abubakarr $249,950 Fidelity National Ttl Ins Co
Price Norman R $189,950 First Choice Title & Settlem
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jalloh Abubakarr $242,452
Previous Owner Price Norman R $89,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2021 05/26/21 Sold $249,950 0.0% $178 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $249,950 +31.6% $178 / Sq Ft
07/25/2018 07/25/18 Sold $189,950 0.0% $116 / Sq Ft View Prior Sale
06/21/2018 06/21/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $189,950 -- $116 / 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 $2,992 $290,500 $52,000 $238,500
2024 $2,858 $274,800 $52,000 $222,800
2023 $2,690 $253,800 $50,000 $203,800
2022 $2,379 $218,300 $45,000 $173,300
2021 $1,977 $181,400 $38,000 $143,400
2020 $1,964 $180,200 $38,000 $142,200
2019 $1,865 $171,100 $37,000 $134,100
2018 $1,699 $158,900 $37,000 $121,900
2017 $1,699 $155,900 $37,000 $118,900
2016 $1,684 $154,500 $37,000 $117,500
2015 $1,669 $153,100 $37,000 $116,100
2014 $1,671 $153,300 $37,000 $116,300
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tracy Davis

    STOVER DAVIS REALTY & ASSOCIATES LLC

    (540) 293-0680

    5 in this area

    60 Total Sales

    Tracy Davis
    Section Image

  • T

    Seller's Agent in 2018

    Tina Hannabass

    MKB, REALTORS(r)

    (540) 761-5899

    4 in this area

    23 Total Sales

    Tina Hannabass
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 878337

Roanoke Valley Association of REALTORS®

APN: 068.18-02-04

Virginia Roanoke City County Roanoke 24015 Cave Spring

2901 Lofton Rd, Roanoke, VA

Not Listed for Sale

Detached

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