NOT LISTED FOR SALE

5507 Downing St Roanoke, VA 24018

Cave Spring Neighborhood

Estimated Value: $346,047 - $379,000

3 Beds
3 Baths
2,288 Sq Ft
$157/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $249,950 $109 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,126/month

3 Days on Market

Highlights

  • Deck
  • Living Room with Fireplace
  • Cathedral Ceiling
  • Penn Forest Elementary School Rated A
  • Ranch Style House
  • No HOA

About This Home

As of July 2021

Welcome Home! Gorgeous, Spacious Home in the Heart of South Roanoke County w/ desirable Cave Spring School District! 3 Full Baths & 4th Bedroom or Recreation Room downstairs w/ Separate Lower Level Entrance to Den at the Driveway! Enjoy the Screened-In Porch, Open Floor Plan both Upstairs & Down, Luscious Flooring, Vaulted Ceilings, 3-Tiered Deck, 2 Cozy Gas Log Fireplaces, Spacious Master Bedroom w/ Master Bathroom, Several Walk In Closets. Built-In Shelving, Large Storage Shed, over Half an Acre! Laundry on entry level, Lots of Storage throughout. Newer Roof, HVAC serviced semiannually w/ The Service Experts. Washer/Dryer only a couple of yrs old. Privacy Fence, Private Road, plenty of room in driveway for Turn-Around Parking! Beautiful Landscaping w Mature Plantings, Dry Basement!

Last Agent to Sell the Property

ANASTASIA M THOMPSON

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225083789 Listed on: 05/28/2021

Last Buyer's Agent

Byron Williams

WAINWRIGHT & CO., REALTORS(r) License #0225100267

WAINWRIGHT & CO., REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,176

Year Built

  • Built in 1989

Lot Details

  • 0.57 Acre Lot
  • Property fronts a private road
  • Fenced Yard

Home Design

  • Ranch Style House

Interior Spaces

  • Bookcases
  • Cathedral Ceiling
  • Skylights
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Screened Porch
  • Storage

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 8 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed

Schools

  • Penn Forest Elementary School
  • Cave Spring Middle School
  • Cave Spring High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10 / 1

Community Details

Overview

  • No Home Owners Association
  • Southern Pines Subdivision

Amenities

  • Restaurant
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,176

Year Built

Built in 1989

Lot Details

0.57 Acres

Listing Details

  • Interior Features: Book Shelves, Cathedral Ceiling, Gas Log Fireplace, Indirect Lighting, Skylight, Storage, Walk-in-Closet
  • Heating System: Forced Air Gas
  • Fireplace(s): Den, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck, Fenced Yard, Paved Driveway, Screened Porch, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1144.00
  • ExteriorDoors: Metal, Screen
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 1144.00
  • Major Area: 02 - Roanoke County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 1 Story, Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1144
  • TotalBdrm: 3
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2288.00
  • UncoveredNumberSpaces: 8.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior, Other - See Remarks, Private Road

Lot Info

  • Lot Description: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.57
  • Lot: 10

Building Info

  • Year Built: 1989

Tax Info

  • Taxes (6 mo): 2176.00

MLS Schools

  • Elementary School: Penn Forest
  • HighSchool: Cave Spring
  • Middle School: Cave Spring

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jun 17, 2021
Sold by
Claxton Jacqueline C and Reynolds Grattan W
Bought by
Hamm Compton Dixie Lee
Seller's Agent
ANASTASIA M THOMPSON
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Byron Williams
WAINWRIGHT & CO., REALTORS(r)
List Price
$249,950
Sold Price
$249,950
Current Estimated Value
$359,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,562
Avg. Annual Appreciation
8.08%
Original Mortgage
$237,453
Outstanding Balance
$213,574
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$145,938
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hamm Compton Dixie Lee $249,950 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamm Compton Dixie Lee $237,453
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2021 07/02/21 Sold $249,950 0.0% $109 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $249,950 -- $109 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $3,311 $321,500 $48,000 $273,500
2024 $3,094 $297,500 $45,000 $252,500
2023 $2,930 $276,400 $45,000 $231,400
2022 $2,613 $239,700 $37,000 $202,700
2021 $2,176 $199,600 $32,000 $167,600
2020 $2,116 $194,100 $30,000 $164,100
2019 $2,025 $185,800 $28,000 $157,800
2018 $1,959 $182,500 $28,000 $154,500
2017 $1,959 $179,700 $27,000 $152,700
2016 $1,939 $177,900 $27,000 $150,900
2015 $1,921 $176,200 $27,000 $149,200
2014 $1,902 $174,500 $27,000 $147,500
Source: Public Records

Agents Affiliated with this Home

  • ANASTASIA M THOMPSON

    Seller's Agent in 2021

    ANASTASIA M THOMPSON

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 387-5800

    5 in this area

    62 Total Sales

    ANASTASIA M THOMPSON
    Section Image

  • B

    Buyer's Agent in 2021

    Byron Williams

    WAINWRIGHT & CO., REALTORS(r)

    (540) 525-0828

    6 in this area

    19 Total Sales

    Byron Williams
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 880325

Roanoke Valley Association of REALTORS®

APN: 087.15-03-01

Virginia Roanoke County Roanoke 24018 Cave Spring

5507 Downing St, Roanoke, VA

Not Listed for Sale

Detached

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