NOT LISTED FOR SALE

5824 Ridgeline Ct Cave Spring, VA 24018

Cave Spring Neighborhood

Estimated Value: $487,000 - $631,000

4 Beds
2.5 Baths
2,879 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $499,950 $174 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,461/month

338 Days on Market

Highlights

  • Under Construction
  • Deck
  • Walk-In Closet
  • Cave Spring Elementary School Rated A-
  • 2 Car Attached Garage

About This Home

As of May 2023

Quick Move In! NEW CONSTRUCTION! Please find information below and pictures attached for our Dovercroft style home which offers 2879 square feet above grade, and 9' framed walls on first floor with smooth drywall finish. This house plan incorporates LVP on the entire main living level, ceramic tile in the baths and laundry, oak treads to the second floor if applicable, and carpet throughout remaining areas. The master shower offers ceramic tiled walls and floor! Tahoe cabinets by Timberlake in the kitchen and Fairfield cabinets by Timberlake in the bathrooms makes the home even more beautiful. The kitchen and bath counter tops are luxurious granite. 5 1/4'' baseboard and 3 1/4'' window/door trim in all finished areas. Owner/Agent

Last Agent to Sell the Property

Allison Ratcliffe

EMBOLDEN REALTY GROUP License #0225253008 Listed on: 04/26/2022

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,001

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 9,583

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,879 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

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

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Deck
  • 9,583 Sq Ft Lot

Community Details

  • Matchbox Association Management Association
  • Fox Hunt Subdivision

Listing and Financial Details

  • Tax Lot 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,001

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Interior Features: Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Disposer, Microwave Oven (Built In), Range Electric
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Paved Driveway
  • CondoAssocYN: Yes
  • EntryAboveGrdFin Sq Ft: 1225.00
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryUpperLevel: 1
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Phone Email: 540-434-6166
  • P O A Condo Contact Name: Matchbox Association Management
  • POACondoDues: 100.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 2879
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2879.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 1238.00
  • Unfinished Attached S Q F T Other Below Grd Unfin S Q F T: 1238.00
  • UpperAboveGrdFin Sq Ft: 1654.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: New Construction, Paved Road

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.22
  • Lot: 14

Building Info

  • Year Built: 2023

Tax Info

  • Taxes (6 mo): 5001.00

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 26, 2022
Closed on
Apr 26, 2023
Sold by
R Fralin Homes Ii Llc
Bought by
Rahar Arvind and Rahar Neelam
Seller's Agent
Allison Ratcliffe
EMBOLDEN REALTY GROUP
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$499,950
Sold Price
$499,950
Views
6
Current Estimated Value
$571,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,884
Avg. Annual Appreciation
5.54%
Original Mortgage
$474,953
Outstanding Balance
$462,244
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$109,590
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
Rahar Arvind $500,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahar Arvind $474,953
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2023 05/02/23 Sold $499,950 0.0% $174 / Sq Ft
03/29/2023 03/29/23 Off Market $499,950 -- --
03/29/2023 03/29/23 Price Changed $499,950 0.0% $174 / Sq Ft
03/29/2023 03/29/23 For Sale $499,950 0.0% $174 / Sq Ft
02/14/2023 02/14/23 Off Market $499,950 -- --
01/20/2023 01/20/23 Price Changed $515,950 -1.0% $179 / Sq Ft
04/26/2022 04/26/22 For Sale $520,950 -- $181 / 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 $5,342 $518,600 $75,000 $443,600
2024 $5,018 $482,500 $70,000 $412,500
2023 $689 $65,000 $65,000 $0
2022 $709 $65,000 $65,000 $0
2021 $709 $65,000 $65,000 $0
2020 $567 $52,000 $52,000 $0
2019 $532 $48,800 $48,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 888916

Roanoke Valley Association of REALTORS®

APN: 086.11-05-14