5217 Lipps Rd Roanoke, VA 24018
Cave Spring NeighborhoodEstimated payment $2,120/month
Highlights
- No HOA
- Google Fiber
- 2 Car Attached Garage
- Cave Spring Elementary School Rated A-
- Rear Porch
- High Speed Internet
About This Home
Back on market due to no fault of the sellers. Want privacy and seclusion but also the convenience of being located in the heart of Cave Spring? Look no farther than this charming 3 bedroom, 2 bathroom home! With hardwood floors throughout the common areas and many updates including a modern kitchen and upgraded guest bathroom, this house offers plenty of space to spread out and relax or enjoy the nature that surrounds you. The roof was replaced in 2014, new HVAC, Siding and Windows in 2019, new water heater in 2023, and new composite rear deck in 2025. This home has been well maintained and is move in ready, don't miss the opportunity to take a look.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,948
Year Built
- Built in 1970
Home Design
- Split Foyer
- Brick Exterior Construction
Interior Spaces
- Family Room with Fireplace
- Laundry on main level
- Basement
Kitchen
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Attached Garage
- 4 Open Parking Spaces
- Off-Street Parking
Schools
- Cave Spring Elementary School
- Hidden Valley Middle School
- Hidden Valley High School
Utilities
- Heat Pump System
- Natural Gas Water Heater
- High Speed Internet
Additional Features
- Rear Porch
- 0.51 Acre Lot
Community Details
- No Home Owners Association
- Google Fiber
Listing and Financial Details
- Tax Lot 2
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 | $2,948 | $286,200 | $65,000 | $221,200 |
| 2024 | $2,797 | $268,900 | $65,000 | $203,900 |
| 2023 | $2,643 | $249,300 | $60,000 | $189,300 |
| 2022 | $2,317 | $212,600 | $52,000 | $160,600 |
| 2021 | $2,175 | $199,500 | $52,000 | $147,500 |
| 2020 | $2,108 | $193,400 | $47,000 | $146,400 |
| 2019 | $2,085 | $191,300 | $44,000 | $147,300 |
| 2018 | $2,037 | $188,300 | $44,000 | $144,300 |
| 2017 | $2,037 | $186,900 | $44,000 | $142,900 |
| 2016 | $2,017 | $185,000 | $42,000 | $143,000 |
| 2015 | $1,998 | $183,300 | $42,000 | $141,300 |
| 2014 | $1,981 | $181,700 | $42,000 | $139,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/20/2025 10/20/25 | Pending | -- | -- | -- |
| 10/03/2025 10/03/25 | For Sale | $355,000 | 0.0% | $170 / Sq Ft |
| 10/03/2025 10/03/25 | Price Changed | $355,000 | -1.4% | $170 / Sq Ft |
| 09/22/2025 09/22/25 | Pending | -- | -- | -- |
| 09/11/2025 09/11/25 | For Sale | $359,950 | -- | $172 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Deed | $172,000 | First Choice Title | |
| Deed | $260,000 | First American Title Ins | |
| Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $118,000 | New Conventional | |
| Previous Owner | $77,000 | Purchase Money Mortgage | |
| Previous Owner | $185,000 | New Conventional |
Source: Roanoke Valley Association of REALTORS®
MLS Number: 920871
APN: 076.15-02-01
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