NOT LISTED FOR SALE

3846 Electric Rd Roanoke, VA 24018

Cave Spring Neighborhood

Estimated Value: $1,102,312

Studio
-- Bath
4,875 Sq Ft
$226/Sq Ft Est. Value

About This Home

This home is located at 3846 Electric Rd, Roanoke, VA 24018 and is currently estimated at $1,102,312, approximately $226 per square foot. 3846 Electric Rd is a home located in Roanoke County with nearby schools including Clearbrook Elementary School, Cave Spring Middle School, and Cave Spring High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2025
Sold by
Briar Oak Investments Iv Lp
Bought by
Soma Divine Llc
Current Estimated Value
$1,102,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Outstanding Balance
$880,000
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving
Estimated Equity
$222,312
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Soma Divine Llc $1,100,111 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soma Divine Llc $880,000
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 $6,618 $642,500 $301,200 $341,300
2024 $6,585 $633,200 $301,200 $332,000
2023 $6,541 $617,100 $301,200 $315,900
2022 $6,696 $614,300 $301,200 $313,100
2021 $6,651 $610,200 $301,200 $309,000
2020 $6,561 $601,900 $301,200 $300,700
2019 $6,470 $593,600 $301,200 $292,400
2018 $6,080 $567,000 $283,000 $284,000
2017 $6,080 $557,800 $273,800 $284,000
2016 $5,981 $548,700 $264,700 $284,000
2015 $5,914 $542,600 $251,100 $291,500
2014 $5,076 $465,700 $186,000 $279,700
Source: Public Records

Map

Virginia Roanoke County Roanoke 24018 Cave Spring

3846 Electric Rd, Roanoke, VA

Not Listed for Sale

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