$160,000
SOLD MAY 29, 2025
2 Beds
2 Baths
1,027 Sq Ft
$367/mo HOA Fee

Recently Sold

$156 Per Sq Ft

11% Below List Price

33 Days on Market

Highlights

  • Mountain View
  • Balcony
  • Rear Porch
  • Penn Forest Elementary School Rated A
  • Skylights
  • Sliding Doors

About This Home

As of May 2025

Cozy 2 Br, 2 BA condo located in desirable Cave Spring/Penn Forest Area. Convenient to all major roadways, restaurants and shopping. Home has Fresh Paint, New Flooring and many additional updates. Enjoy the Maintenance free living with pool access today!

Last Agent to Sell the Property

Adam Stephenson

RE/MAX ALL STARS License #0225242154 Listed on: 04/01/2025

RE/MAX ALL STARS

Co-Listed By

Brandi Stephenson

RE/MAX ALL STARS License #0225269814

Last Buyer's Agent

Tim Thompson

MKB, REALTORS(r) License #0225056345

MKB, REALTORS(r)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,489

Year Built

  • Built in 1985

HOA Fees

  • $367 Monthly HOA Fees

Parking

  • 1 Open Parking Space

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,027 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Sliding Doors
  • Insulated Doors
  • Living Room with Fireplace
  • Mountain Views
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Rear Porch

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Mr I Community Management Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,489

Year Built

Built in 1985

Lot Details

0

HOA Fees

$367 per month

Listing Details

  • Interior Features: Ceiling Fan, Skylight
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Condominium
  • Has Basement: Slab
  • Major Appliances: Dishwasher, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Balcony
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • CondoAssocYN: Yes
  • EntryAboveGrdFin Sq Ft: 691.00
  • ExteriorDoors: Insulated, Sliding
  • Fireplace Number Fireplaces: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBRUpperLvl: 1
  • Phone Email: 5403667771
  • P O A Condo Contact Name: MR I Community Management
  • POACondoDues: 367.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Attached
  • Total Above Grd Fin S Q F T: 1027
  • TotalBdrm: 2
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1027.00
  • UncoveredNumberSpaces: 1.00
  • UpperAboveGrdFin Sq Ft: 336.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV

Lot Info

  • Property Group Id: 19990816212109142258000000
  • ZoningCode: R3

Building Info

  • Year Built: 1985

Tax Info

  • Taxes (6 mo): 1489.28

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2025
Closed on
May 14, 2025
Sold by
Wright Robert E
Bought by
Melki Joseph A
Seller's Agent
Adam Stephenson
RE/MAX ALL STARS
Buyer's Agent
Tim Thompson
MKB, REALTORS(r)
List Price
$179,950
Sold Price
$160,000
Premium/Discount to List
-$19,950
-11.09%
Views
111
Current Estimated Value
$177,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,402
Avg. Annual Appreciation
16.93%

Purchase Details

Closed on
Sep 27, 2006
Sold by
Tinsley Marie
Bought by
Wright Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
6.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $160,000 Investors Title
Deed $122,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $97,600 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2025 05/29/25 Sold $160,000 -5.9% $156 / Sq Ft
05/04/2025 05/04/25 Pending -- -- --
04/29/2025 04/29/25 Price Changed $169,949 -5.6% $165 / Sq Ft
04/01/2025 04/01/25 For Sale $179,950 -- $175 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $1,685 $163,600 $30,800 $132,800
2024 $1,489 $143,200 $24,600 $118,600
2022 $1,248 $114,500 $24,600 $89,900
2021 $1,180 $108,300 $23,600 $84,700
2020 $1,173 $107,600 $23,600 $84,000
2019 $1,153 $105,800 $23,600 $82,200
2018 $1,064 $105,000 $23,600 $81,400
2017 $1,064 $97,600 $23,600 $74,000
2016 $1,062 $97,400 $23,600 $73,800
2015 $1,081 $99,200 $23,600 $75,600
2014 $1,137 $104,300 $23,600 $80,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 915743

Roanoke Valley Association of REALTORS®

APN: 087.10-98-04.00-0002