NOT LISTED FOR SALE

432 Cave Hill Rd Newport, VA 24128

Estimated Value: $413,659 - $590,000

3 Beds
2 Baths
2,820 Sq Ft
$171/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $230,000 $82 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,695/month

137 Days on Market

Highlights

  • Horses Allowed On Property
  • Deck
  • Vaulted Ceiling
  • Custom Home
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of April 2016

Beautiful log home on secluded 4.826 acres has gorgeous interior decor with wood walls, ceilings & floors on the main level and a floor to ceiling custom stone fireplace. Master suite has private bath with 2-person soaking tub, roomy step-in shower, and large walk-in closet. 2nd Bedroom, hall bath and laundry also on main level. Exterior walls are flat milled with interlocking corners. 3-sided wraparound porch; 2 longer sides fully covered. Truss system has no support poles on either level providing an open Great Room with 12 ft vaulted ceilings in the living, dining and kitchen. Walk-out lower level is half finished with 9' ceilings, new stairwell and third bedroom. Full bath is plumbed and framed. Large unfinished area for storage & future rec room. 18min to VT, 10min to Mt. Lake.

Last Agent to Sell the Property

Joan Mitchell

Mitchell Realty License #225091201 Listed on: 08/21/2015

Last Buyer's Agent

Deborah Toney

Burnette Real Estate Sales & Management Inc. License #225022999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $851

Year Built

  • Built in 2006

Lot Details

  • Rural Setting
  • Fenced Yard
  • Property is in very good condition

Home Design

  • Custom Home
  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 2,820 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Storage
  • Attic Access Panel
  • Property Views

Kitchen

  • Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Ceramic Tile in Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Stubbed For A Bathroom

Outdoor Features

  • Deck
  • Porch

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Heat Pump System
  • Spring water is a source of water for the property
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 4418D

Home Details

Home Type

Single Family

Est. Annual Taxes

$851

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Appearance: Custom Features, Very Good
  • Estimated Total Finished Sq Ft: 2820
  • Class: Residential
  • County Or City: Giles
  • Deed Bk Pg Instrumnt: 86
  • Legal Description: TO BE ACQUIRED BY TODD MOFROM WILLIAM N MONTGOMERY
  • Master On Main: Yes
  • Number Rooms: 6
  • Parcel Nbr: 4418D
  • Porch Dim Descrip: Wrap around
  • Property Sub Type: Detached
  • Style Structure Home: Log
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Appliances: Dishwasher, Dryer/Electric, Microwave, Oven, Range/Gas, Refrigerator, Washer
  • Attic: Access Only
  • Basement: Concrete Floor, Full, Partially Finished, Plumbing For Bath, Rec Room/Game Room, Walk Out
  • Bedrooms: 3
  • Fireplace: Living Room, Woodburning
  • Full Bathrooms: 2
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Ceramictile Bath(s), Custom Cabinets, Extra Storage, Laundry On Main, Vaulted Ceiling, Walk-In Closet(s)

Exterior Features

  • Exterior Features: Deck, Fenced Yard, Porch
  • Exterior Finish: Log
  • Roofing: Metal

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump
  • Sewer: Septic
  • Water: Spring

Schools

  • School District: Giles County
  • Elementary School: Eastern
  • High School: Giles

Lot Info

  • Land Description: Road Frontage, Rural, Suitable For Horses, View
  • Lot Size: 4.826 acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2015
Closed on
Apr 15, 2016
Sold by
Reynolds Jeremy W and Reynolds Kelly B
Bought by
Stevers Jeremiah E and Stevers Doricha R
Seller's Agent
Joan Mitchell
Mitchell Realty
Buyer's Agent
Deborah Toney
Burnette Real Estate Sales & Management Inc.
List Price
$255,000
Sold Price
$230,000
Premium/Discount to List
-$25,000
-9.8%
Current Estimated Value
$481,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,553
Avg. Annual Appreciation
6.51%
Original Mortgage
$236,503
Outstanding Balance
$190,413
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$224,385

Purchase Details

Closed on
Mar 19, 2012
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
Stevers Jeremiah E $230,000 Attorney Only
-- $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevers Jeremiah E $236,503
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $230,000 -9.8% $82 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
08/21/2015 08/21/15 For Sale $255,000 -- $90 / Sq Ft
Source: New River 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 $851 $250,400 $51,300 $199,100
2023 $1,703 $250,400 $51,300 $199,100
2022 $1,703 $250,400 $51,300 $199,100
2021 $1,628 $250,400 $51,300 $199,100
2020 $1,576 $242,400 $43,300 $199,100
2019 $1,437 $214,500 $43,300 $171,200
2018 $1,351 $214,500 $43,300 $171,200
2017 -- $214,500 $43,300 $171,200
2016 $1,351 $214,500 $43,300 $171,200
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 320459

New River Valley Association of REALTORS®

APN: 44-18D