3565 Colony Ln Roanoke, VA 24018
Cave Spring NeighborhoodEstimated payment $2,057/month
Highlights
- Very Popular Property
- Deck
- Ranch Style House
- Green Valley Elementary School Rated A-
- Family Room with Fireplace
- No HOA
About This Home
Charming 3BR, 2BA ranch in sought-after South Roanoke County! This well-maintained home features gleaming hardwood floors, a spacious open floor plan, abundant natural light throughout, and a new HVAC system installed in 2020. The inviting living room offers a cozy fireplace, while the finished basement includes a large family room with a second fireplace, plus two additional rooms with closets--perfect for offices, hobbies, or guest space. Situated on a large, level lot with a fenced backyard ideal for kids and pets. Enjoy the convenience of being within walking distance to Green Valley Elementary and zoned for Cave Spring schools. Truly a wonderful home in a fantastic location, close to all of the amenities South Roanoke County has to offer.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,247
Year Built
- Built in 1976
Lot Details
- 0.35 Acre Lot
- Fenced Yard
- Level Lot
- Cleared Lot
Home Design
- Ranch Style House
- Brick Exterior Construction
Interior Spaces
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Basement
Kitchen
- Electric Range
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 3 Open Parking Spaces
- 1 Parking Space
- Attached Carport
- Off-Street Parking
Outdoor Features
- Deck
Schools
- Green Valley Elementary School
- Cave Spring Middle School
- Cave Spring High School
Utilities
- Forced Air Heating System
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 14 / 3
Community Details
Overview
- No Home Owners Association
- Green Valley Subdivision
Amenities
- Google Fiber
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,247 | $315,200 | $56,000 | $259,200 |
| 2024 | $2,893 | $278,200 | $52,000 | $226,200 |
| 2023 | $2,731 | $257,600 | $48,000 | $209,600 |
| 2022 | $2,475 | $227,100 | $42,000 | $185,100 |
| 2021 | $2,275 | $208,700 | $36,000 | $172,700 |
| 2020 | $2,217 | $203,400 | $34,000 | $169,400 |
| 2019 | $2,102 | $192,800 | $32,000 | $160,800 |
| 2018 | $2,017 | $189,400 | $32,000 | $157,400 |
| 2017 | $2,017 | $185,000 | $32,000 | $153,000 |
| 2016 | $1,824 | $167,300 | $30,000 | $137,300 |
| 2015 | $1,761 | $161,600 | $30,000 | $131,600 |
| 2014 | $1,741 | $159,700 | $30,000 | $129,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/15/2025 12/15/25 | Price Changed | $339,950 | -2.9% | $158 / Sq Ft | |
| 12/02/2025 12/02/25 | For Sale | $349,950 | 0.0% | $163 / Sq Ft | |
| 11/04/2025 11/04/25 | Off Market | $349,950 | -- | -- | |
| 10/24/2025 10/24/25 | For Sale | $349,950 | +81.3% | $163 / Sq Ft | |
| 02/05/2016 02/05/16 | Sold | $193,000 | +1.6% | $90 / Sq Ft | View Prior Sale |
| 01/07/2016 01/07/16 | Pending | -- | -- | -- | |
| 12/08/2015 12/08/15 | For Sale | $189,950 | -- | $88 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $262,000 | Fidelity National Title | |
| Deed | -- | None Listed On Document | |
| Deed | $193,000 | American Title & Settlement | |
| Gift Deed | -- | None Available | |
| Gift Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $235,800 | Construction | |
| Previous Owner | $189,504 | FHA | |
| Previous Owner | $163,115 | FHA | |
| Previous Owner | $126,537 | New Conventional |
About the Listing Agent
Roanoke Valley REALTOR® dedicated to providing every one of
my clients the easiest and best overall experience possible. Having lived in
SWVA for over 30 years, I have developed extensive knowledge of the Region and
all it has to offer the public. As for my family, we enjoy attending our
children’s sporting events, Salem Red Sox games, and driving the Blue Ridge
Parkway on Sunday afternoons.
Mark's Other Listings
Source: Roanoke Valley Association of REALTORS®
MLS Number: 922094
APN: 077.19-02-14
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