NOT LISTED FOR SALE

5237 Cave Spring Ln Roanoke, VA 24018

Cave Spring Neighborhood

Estimated Value: $396,000 - $415,192

4 Beds
3 Baths
3,014 Sq Ft
$135/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $360,000 $119 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,441/month

2 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • No HOA
  • Cave Spring Elementary School Rated A-
  • Ranch Style House
  • Fenced Yard

About This Home

As of May 2023

Welcome home to your newly updated open floor plan, spacious ranch with 4 bedrooms and 3 full baths! Beautiful hardwood floors throughout. Several upgrades including new paint throughout, french-drain system along the perimeter that includes a transferrable 10-year warranty, and a 14 SEER, 3.5 ton gas furnace/ AC unit installed in 2021. This home is perfect for any size family and the backyard is fenced in and pet ready.

Last Agent to Sell the Property

Hunter Moore

KELLER WILLIAMS REALTY ROANOKE License #0225211663 Listed on: 04/06/2023

KELLER WILLIAMS REALTY ROANOKE

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1968

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced Yard

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Family Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Open Parking Spaces
  • Assigned Parking

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Schools

  • Cave Spring Elementary School
  • Hidden Valley Middle School
  • Hidden Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Nottingham Hills Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 9

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,600

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas, Gas - Natural
  • Fireplace(s): Family Room, Recreation Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Deck, Fenced Yard, Patio
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • BedroomsBRLowerLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1414.00
  • Entry Below Grd Fin S Q F T: 200
  • ExteriorDoors: Fiberglass
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 3014
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 1400.00
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2023-04-08
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1414
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3014.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Designated Spaces
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Schools

  • Elementary School: Cave Spring
  • Middle School: Hidden Valley
  • High School: Hidden Valley

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.22
  • Lot: 1

Building Info

  • Year Built: 1968

Tax Info

  • Taxes (6 mo): 2600.00
  • FILLTAXID: 076.20-05-12.00-0000

MLS Schools

  • Elementary School: Cave Spring
  • HighSchool: Hidden Valley
  • Middle School: Hidden Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
May 3, 2023
Sold by
Rakes Richard C and Rakes Lorrie L
Bought by
Lutomski Andrew and Sayre-Gaylord Ella
Seller's Agent
Hunter Moore
KELLER WILLIAMS REALTY ROANOKE
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$344,950
Sold Price
$360,000
Premium/Discount to List
$15,050
4.36%
Views
41
Current Estimated Value
$407,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,048
Avg. Annual Appreciation
5.12%
Original Mortgage
$207,000
Outstanding Balance
$201,276
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$205,772

Purchase Details

Listed on
Oct 5, 2019
Closed on
Mar 27, 2020
Sold by
Realestate Buy It Now Llc
Bought by
Rakes Richard C
Seller's Agent
Patricia Lawson
LICHTENSTEIN ROWAN, REALTORS(r)
Buyer's Agent
Shaeen Mehmood
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$249,000
Sold Price
$244,000
Premium/Discount to List
-$5,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$231,800
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2018
Sold by
Wright Katie Denise and Lee Katie D
Bought by
Realestate Buy It Now Llc

Purchase Details

Closed on
Jul 14, 2011
Sold by
Aly Lisa
Bought by
Lee Katie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
4.75%
Mortgage Type
New Conventional
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lutomski Andrew $360,000 Virginia Title Center
Rakes Richard C $244,000 None Available
Realestate Buy It Now Llc $153,300 First American
Lee Katie D $146,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutomski Andrew $207,000
Previous Owner Rakes Richard C $231,800
Previous Owner Lee Katie D $137,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2023 05/04/23 Sold $360,000 +4.4% $119 / Sq Ft
04/08/2023 04/08/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $344,950 +41.4% $114 / Sq Ft
02/13/2020 02/13/20 Sold $244,000 -2.0% $81 / Sq Ft View Prior Sale
02/13/2020 02/13/20 Pending -- -- --
10/05/2019 10/05/19 For Sale $249,000 -- $83 / Sq Ft
Source: Roanoke 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
2025 $3,370 $327,200 $58,000 $269,200
2024 $3,217 $309,300 $58,000 $251,300
2023 $2,762 $260,600 $48,000 $212,600
2022 $2,652 $243,300 $43,000 $200,300
2021 $2,426 $222,600 $43,000 $179,600
2020 $2,330 $213,800 $38,000 $175,800
2019 $1,887 $173,100 $36,000 $137,100
2018 $1,781 $170,300 $36,000 $134,300
2017 $1,781 $163,400 $36,000 $127,400
2016 $1,754 $160,900 $35,000 $125,900
2015 $1,683 $154,400 $35,000 $119,400
2014 $1,627 $149,300 $35,000 $114,300
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Hunter Moore

    KELLER WILLIAMS REALTY ROANOKE

    (540) 423-2977

    3 in this area

    8 Total Sales

    Hunter Moore
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member Transaction Agent

    Non-Member Transaction Office

  • P

    Seller's Agent in 2020

    Patricia Lawson

    LICHTENSTEIN ROWAN, REALTORS(r)

    (540) 204-6024

    5 in this area

    24 Total Sales

    Patricia Lawson
    Section Image

  • S

    Buyer's Agent in 2020

    Shaeen Mehmood

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    2 in this area

    8 Total Sales

    Shaeen Mehmood
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 897225

Roanoke Valley Association of REALTORS®

APN: 076.20-05-12

Virginia Roanoke County Roanoke 24018 Cave Spring

5237 Cave Spring Ln, Roanoke, VA

This home is located at 5237 Cave Spring Ln, Roanoke, VA 24018 since 06 April 2023 and is currently estimated at $407,048, approximately $135 per square foot. This property was built in 1968. 5237 Cave Spring Ln is a home located in Roanoke County with nearby schools including Cave Spring Elementary School, Hidden Valley Middle School, and Hidden Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes