NOT LISTED FOR SALE

5507 Downing St Roanoke, VA 24018

Cave Spring Neighborhood

Estimated Value: $385,578

3 Beds
3 Baths
2,288 Sq Ft
$169/Sq Ft Est. Value

Sale Details

Date Sold: July 2, 2021

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

Est. 54% increase in value since last sale

Current estimated payment $2,507 / mo

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 THOMPSON

WAINWRIGHT & CO., REALTORS® License #0225083789 Listed on: 05/28/2021

Last Buyer's Agent

Byron Williams

WAINWRIGHT & CO., REALTORS® License #0225100267

WAINWRIGHT & CO., REALTORS®

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,176

Year Built

  • Built in 1989

Lot Details

  • 24,829 Sq Ft 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Seller's Agent
ANASTASIA THOMPSON
WAINWRIGHT & CO., REALTORS®
Buyer's Agent
Byron Williams
WAINWRIGHT & CO., REALTORS®
List Price
$249,950
Sold Price
$249,950
Current Estimated Value
$385,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,628
Avg. Annual Appreciation
8.62%
Original Mortgage
$237,453
Outstanding Balance
$210,245
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$175,333
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Cave Spring, VA

  • John Smith Real Estate Agent - WEST LAKE REAL ESTATE

    John Smith

    WEST LAKE REAL ESTATE

    (540) 632-4137

    89 Total Sales

    5 in Cave Spring

    $215K - $370K Price Range

    John Smith
     Section Image
  • Tracy Travis Real Estate Agent - Century 21 ALL-SERVICE-BED

    Tracy Travis

    Century 21 ALL-SERVICE-BED

    (540) 889-0701

    33 Total Sales

    1 in Cave Spring

    $825,000 Price

    Tracy Travis
     Section Image
  • Billy Kingery Real Estate Agent - MOUNTAIN TO LAKE REALTY

    Billy Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 590-5830

    369 Total Sales

    4 in Cave Spring

    $144K - $280K Price Range

    Billy Kingery
     Section Image
  • Lisa Frontus Real Estate Agent - REAL BROKER LLC - MCLEAN

    Lisa Frontus

    REAL BROKER LLC - MCLEAN

    (540) 900-0815

    43 Total Sales

    1 in Cave Spring

    $590,000 Price

    Lisa Frontus
     Section Image
  • Kyla Steffens Real Estate Agent - KELLER WILLIAMS REALTY LYNCHBURG

    Kyla Steffens

    KELLER WILLIAMS REALTY LYNCHBURG

    (540) 340-9142

    38 Total Sales

    2 in Cave Spring

    $365K - $800K Price Range

    Kyla Steffens
     Section Image
  • Chris Reavis Real Estate Agent - MKB, REALTORS®

    Chris Reavis

    MKB, REALTORS®

    (540) 283-5635

    44 Total Sales

    6 in Cave Spring

    $68K - $355K Price Range

    Chris Reavis
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$249,950 Accommodation
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $50,000
Open Hamm Compton Dixie Lee $237,453
Previous Owner Claxton Jacqueline C $121,200
Previous Owner Claxton Jackie C $23,299
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,764 $365,400 $52,000 $313,400
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

  • AT

    Seller's Agent in 2021

    ANASTASIA THOMPSON

    WAINWRIGHT & CO., REALTORS®

  • BW

    Buyer's Agent in 2021

    Byron Williams

    WAINWRIGHT & CO., REALTORS®

    (540) 525-0828

    3 in this area

    12 Total Sales

    Byron Williams
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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

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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