NOT LISTED FOR SALE

5385 Cave Spring Ln Roanoke, VA 24018

Cave Spring Neighborhood

Estimated Value: $298,000 - $374,000

3 Beds
2.5 Baths
1,428 Sq Ft
$226/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $190,000 $133 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,953/month

32 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • No HOA
  • Cave Spring Elementary School Rated A-
  • Ranch Style House
  • Forced Air Heating and Cooling System

About This Home

As of January 2021

Great SW County location and almost a half acre lot. This home has 3 bedrooms, 2 full baths and a basement that could be easily finished. A few updates will make this the perfect ranch home! Family room with fireplace and a deck that overlooks a nice flat backyard. Newer furnace, water heater new in 2020, and architectural roof is less than 10 years old.

Last Buyer's Agent

Leslie Williams

LONG & FOSTER - ROANOKE OFFICE License #0225202961

LONG & FOSTER - ROANOKE OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,915

Year Built

  • Built in 1978

Lot Details

  • 0.48 Acre Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,428 Sq Ft Home
  • Ceiling Fan
  • Fireplace Features Masonry
  • Drapes & Rods
  • Family Room with Fireplace
  • 2 Fireplaces
  • Laundry on main level

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Parking

  • 1 Parking Space
  • Tuck Under Garage
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,915

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Ceiling Fan, Masonry Fireplace
  • Heating System: Forced Air Gas
  • Fireplace(s): Basement, Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Dishwasher, Disposer, Range Gas, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Deck
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1428.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 2828
  • HalfBathsHalfBathsLowerLvl: 1
  • Internet Access: Undetermined
  • LaundryLaundryLowerLevel: 1
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • RatifiedContractDt: 2020-12-01
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Old Cave Spring
  • Total Above Grd Fin S Q F T: 1428
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1428.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 1400.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1400.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

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

  • Lot Description: Gentle Slope, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.48

Building Info

  • Year Built: 1978

Tax Info

  • Taxes (6 mo): 1915.13
  • FILLTAXID: 076.19-01-16.00-0000

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
Oct 30, 2020
Closed on
Jan 21, 2021
Sold by
Brown Shirley J
Bought by
Cake R Edward
Buyer's Agent
Leslie Williams
LONG & FOSTER - ROANOKE OFFICE
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%
Current Estimated Value
$322,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,943
Avg. Annual Appreciation
10.75%
Original Mortgage
$90,000
Outstanding Balance
$68,546
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$235,618

Purchase Details

Closed on
May 27, 2011
Sold by
Brown John L and Brown Shirley J
Bought by
Brown Shirley J
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
Cake R Edward $190,000 Sage Title Group Llc
Brown Shirley J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cake R Edward $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $190,000 -4.5% $133 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $199,000 -- $139 / 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
2024 $2,486 $239,000 $58,000 $181,000
2023 $2,216 $209,100 $48,000 $161,100
2022 $2,084 $191,200 $43,000 $148,200
2021 $2,019 $185,200 $43,000 $142,200
2020 $1,915 $175,700 $38,000 $137,700
2019 $1,879 $172,400 $36,000 $136,400
2018 $1,806 $169,600 $36,000 $133,600
2017 $1,806 $165,700 $36,000 $129,700
2016 $1,785 $163,800 $35,000 $128,800
2015 $1,735 $159,200 $35,000 $124,200
2014 $1,676 $153,800 $35,000 $118,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Buyer's Agent in 2021

    Leslie Williams

    LONG & FOSTER - ROANOKE OFFICE

    (540) 355-7120

    9 in this area

    24 Total Sales

    Leslie Williams
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 874722

Roanoke Valley Association of REALTORS®

APN: 076.19-01-16

Virginia Roanoke County Roanoke 24018 Cave Spring

5385 Cave Spring Ln, Roanoke, VA

This home is located at 5385 Cave Spring Ln, Roanoke, VA 24018 since 30 October 2020 and is currently estimated at $322,943, approximately $226 per square foot. This property was built in 1978. 5385 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