NOT LISTED FOR SALE

5407 Cave Spring Ln Roanoke, VA 24018

Cave Spring Neighborhood

Estimated Value: $374,000 - $392,000

3 Beds
2.5 Baths
2,200 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $230,000 $105 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,342/month

15 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • No HOA
  • Oak Grove Elementary School Rated A-
  • Ranch Style House
  • Breakfast Area or Nook

About This Home

As of May 2020

Move in ready and vacant!!! Updated and renovated home with new hardwoods on entry-level, new carpet up and new flooring down. Three bedrooms upstairs with two offices downstairs (no closets). Freshly painted in and out. Two masonry fireplaces - family room up and family room down. Hidden Valley Schools. Nice eat-in kitchen and updated bathrooms. Large Storage Shed. Nice size deck with gate and steps leading to yard. Dead end street. Great family home.

Last Buyer's Agent

Fredrick Spencer

REAL BROKER LLC - MCLEAN License #0225241518

REAL BROKER LLC - MCLEAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,124

Year Built

  • Built in 1977

Lot Details

  • 0.48 Acre Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace
  • Den with Fireplace
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Basement

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

Parking

  • 1 Parking Space
  • Tuck Under Garage

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot E

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,124

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Ceiling Fan
  • Heating System: Heat Pump Electric
  • Fireplace(s): Den, Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Deck, Paved Driveway, Storage Shed
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1414.00
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 2200
  • HalfBathsHalfBathsLowerLvl: 1
  • LaundryLaundryLowerLevel: 1
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • RatifiedContractDt: 2020-04-08
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Sur for Charles R
  • Total Above Grd Fin S Q F T: 2200
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2200.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 786.00
  • Water Class: N/A
  • 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

Schools

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.48
  • Lot: E

Building Info

  • Year Built: 1977

Tax Info

  • Taxes (6 mo): 2124.00
  • FILLTAXID: 076.19-04-01.00-0000

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
Mar 24, 2020
Closed on
Apr 16, 2020
Sold by
Jrw Investments Llc
Bought by
Muse Cory L and Muse Kenneth L
Buyer's Agent
Fredrick Spencer
REAL BROKER LLC - MCLEAN
List Price
$234,900
Sold Price
$230,000
Premium/Discount to List
-$4,900
-2.09%
Current Estimated Value
$385,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,112
Avg. Annual Appreciation
10.25%
Original Mortgage
$207,000
Outstanding Balance
$183,661
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$201,451

Purchase Details

Closed on
Dec 12, 2011
Sold by
Secretary Of Hud
Bought by
Jrw Investments Llc

Purchase Details

Closed on
Sep 9, 2011
Sold by
Gmac Mortgage Ll
Bought by
Secretary Of Hud

Purchase Details

Closed on
Aug 17, 2011
Sold by
Buell Sandra J
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Jul 29, 2005
Sold by
Charles Stephen N and Charles Juanita S
Bought by
Buell Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
8.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Muse Cory L $230,000 Fidelity National Ttl Ins Co
Jrw Investments Llc -- Century Title Services Inc
Secretary Of Hud $241,596 None Available
Gmac Mortgage Llc $241,596 None Available
Buell Sandra J $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muse Cory L $207,000
Previous Owner Buell Sandra J $220,752
Previous Owner Buell Sandra J $217,490
Previous Owner Buell Sandra J $177,625
Previous Owner Buell Sandra J $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Sold $230,000 -2.1% $105 / Sq Ft
04/08/2020 04/08/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $234,900 -- $107 / 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 $2,969 $285,500 $58,000 $227,500
2023 $2,493 $235,200 $48,000 $187,200
2022 $2,346 $215,200 $43,000 $172,200
2021 $2,269 $208,200 $43,000 $165,200
2020 $2,200 $201,800 $38,000 $163,800
2019 $2,161 $198,300 $36,000 $162,300
2018 $2,075 $194,900 $36,000 $158,900
2017 $2,075 $190,400 $36,000 $154,400
2016 $2,051 $188,200 $35,000 $153,200
2015 $1,972 $180,900 $35,000 $145,900
2014 $1,941 $178,100 $35,000 $143,100
Source: Public Records

Agents Affiliated with this Home

  • F

    Buyer's Agent in 2020

    Fredrick Spencer

    REAL BROKER LLC - MCLEAN

    (540) 238-4444

    6 in this area

    99 Total Sales

    Fredrick Spencer
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 868109

Roanoke Valley Association of REALTORS®

APN: 076.19-04-01

Virginia Roanoke County Roanoke 24018 Cave Spring

5407 Cave Spring Ln, Roanoke, VA

This home is located at 5407 Cave Spring Ln, Roanoke, VA 24018 since 24 March 2020 and is currently estimated at $385,112, approximately $175 per square foot. This property was built in 1977. 5407 Cave Spring Ln is a home located in Roanoke County with nearby schools including Oak Grove 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.

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