NOT LISTED FOR SALE

Estimated Value: $406,000 - $490,000

3 Beds
2 Baths
1,875 Sq Ft
$238/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $340,000 $181 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,757/month

80 Days on Market

Highlights

  • New Construction
  • Mountain View
  • No HOA
  • Cave Spring Elementary School Rated A-
  • Ranch Style House
  • Walk-In Closet

About This Home

As of October 2020

Welcome to this rare find in Penn Forest! The attention to detail and custom touches are evident throughout this beautiful new construction, craftsman style home featuring an open floor plan with a large great room/kitchen/dining area with cathedral ceilings, custom mantle and drop zone area, spacious master bedroom with ensuite bath, full walkout basement and two car garage. This home is convenient to restaurants and shopping and is within walking distance of Cave Spring High School.

Last Agent to Sell the Property

Julie Arthur

MKB, REALTORS(r) License #0225030451 Listed on: 06/12/2020

MKB, REALTORS(r)

Last Buyer's Agent

Robert Lichtenstein

LICHTENSTEIN ROWAN, REALTORS(r) License #0225145689

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,814

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.26

Home Design

  • Ranch Style House
  • Stone Siding

Interior Spaces

  • 1,875 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Sliding Doors
  • Great Room with Fireplace
  • Storage
  • Laundry on main level
  • Mountain Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Basement

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

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Garage Door Opener

Schools

  • Cave Spring Elementary And Middle School
  • Cave Spring High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Additional Features

  • Patio
  • 0.26 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 12 / 4

Community Details

Overview

  • No Home Owners Association
  • Penn Forest Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,814

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Gas Log Fireplace, Storage, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Great Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Electric
  • Cooling System: Central Cooling
  • Outside Features: Patio, Paved Driveway
  • Views: Mountain
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1875.00
  • ExteriorDoors: Fiberglass, Sliding
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 3350
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • RatifiedContractDt: 2020-08-31
  • Residential Type: Detached
  • Style Of House: 1 Story, Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1875
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1875.00
  • TotalUnfin Sq Ft: 1475.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1475.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, New Construction

Schools

  • Elementary School: Cave Spring
  • Middle School: Cave Spring
  • High School: Cave Spring

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.26
  • Lot: 12

Building Info

  • Year Built: 2020

Tax Info

  • Taxes (6 mo): 3814.00
  • FILLTAXID: 087.09-02-12.00-0000

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Oct 1, 2020
Sold by
Boones Cedar Bluff Inc
Bought by
Allen Jamiel and Allen Jenna Burnop
Seller's Agent
Julie Arthur
MKB, REALTORS(r)
Buyer's Agent
Robert Lichtenstein
LICHTENSTEIN ROWAN, REALTORS(r)
List Price
$344,950
Sold Price
$340,000
Premium/Discount to List
-$4,950
-1.43%
Current Estimated Value
$446,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,926
Avg. Annual Appreciation
3.96%
Original Mortgage
$289,000
Outstanding Balance
$263,357
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$147,487

Purchase Details

Closed on
Apr 25, 2018
Sold by
Mcfarland David L and Mcfarland Carol L
Bought by
Boone S Cedar Bluff Inc

Purchase Details

Closed on
Aug 24, 2006
Sold by
Bowers George R
Bought by
Mcfarland David L and Mcfarland Carol L

Purchase Details

Closed on
Jun 5, 2006
Sold by
Bowers George R
Bought by
Bowers George R and Anderson & Desemone Pc

Purchase Details

Closed on
Feb 4, 2005
Sold by
Bowers George K and Bowers Lois S
Bought by
Bowers Gregore Kermit and Geroge Kermit Bowers Revocable Living Tr
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
Allen Jamiel $340,000 Performance Title & Setmnt
Boone S Cedar Bluff Inc $45,000 Fidelity National Title Insu
Mcfarland David L $36,580 None Available
Bowers George R -- None Available
Bowers Gregore Kermit -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Jamiel $289,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $340,000 -1.4% $181 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $344,950 -- $184 / 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
2024 $3,928 $377,700 $60,800 $316,900
2023 $3,587 $338,400 $57,000 $281,400
2022 $3,325 $305,000 $47,500 $257,500
2021 $3,077 $282,300 $42,800 $239,500
2020 $352 $32,300 $32,300 $0
2019 $352 $32,300 $32,300 $0
2018 $336 $30,800 $30,800 $0
2017 $336 $30,800 $30,800 $0
2016 $336 $30,800 $30,800 $0
2015 $402 $36,900 $36,900 $0
2014 $402 $36,900 $36,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 870320

Roanoke Valley Association of REALTORS®

APN: 087.09-02-12