NOT LISTED FOR SALE

3605 Electric Rd Roanoke, VA 24018

Cave Spring Neighborhood
-- Bed
-- Bath
2,317 Sq Ft
1.03 Acres

About This Home

This home is located at 3605 Electric Rd, Roanoke, VA 24018. 3605 Electric Rd is a home located in Roanoke County with nearby schools including Green Valley Elementary School, Hidden Valley Middle School, and Hidden Valley High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
First Market Bank Fsb and Atlantic Union Bank
Bought by
Vbre Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$722,500
Outstanding Balance
$718,922
Interest Rate
7.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 13, 2006
Sold by
West Village L L C
Bought by
First Market Bank Fsb
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Vbre Llc $850,000 First American Title
First Market Bank Fsb $695,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vbre Llc $722,500
Source: Public Records

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 $10,296 $999,600 $563,000 $436,600
2024 $10,352 $995,400 $563,000 $432,400
2023 $10,507 $991,200 $563,000 $428,200
2022 $10,656 $977,600 $563,000 $414,600
2021 $10,594 $971,900 $563,000 $408,900
2020 $10,499 $963,200 $563,000 $400,200
2019 $10,425 $956,400 $563,000 $393,400
2018 $9,931 $931,500 $545,500 $386,000
2017 $9,931 $911,100 $528,100 $383,000
2016 $9,745 $894,000 $510,700 $383,300
2015 $9,087 $833,700 $457,100 $376,600
2014 $8,892 $815,800 $466,000 $349,800
Source: Public Records

Map

Virginia Roanoke County Roanoke 24018 Cave Spring

3605 Electric Rd, Roanoke, VA

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