NOT LISTED FOR SALE

5866 Ivy Park Dr Roanoke, VA 24018

Cave Spring Neighborhood

Estimated Value: $568,000 - $643,000

4 Beds
2.5 Baths
2,879 Sq Ft
$213/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $560,545 $195 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,704/month

56 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 October 2023

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, 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: 01/11/2023

Last Buyer's Agent

Richia Gregston

NEST REALTY ROANOKE License #0225259584

NEST REALTY ROANOKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,575

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 0.47

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
  • 0.47 Acre Lot

Community Details

  • Matchbox Association Management Association
  • Fox Hunt Subdivision

Listing and Financial Details

  • Tax Lot 20

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,575

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: Yes
  • 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: 0.47
  • Lot: 20

Building Info

  • Year Built: 2023

Tax Info

  • Taxes (6 mo): 5575.00

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
Jan 11, 2023
Closed on
Oct 27, 2023
Sold by
R Fralin Homes Ii Llc
Bought by
Patil Amol M and Bhonsle Hemangi S
Seller's Agent
Allison Ratcliffe
EMBOLDEN REALTY GROUP
Buyer's Agent
Richia Gregston
NEST REALTY ROANOKE
List Price
$530,950
Sold Price
$560,545
Premium/Discount to List
$29,595
5.57%
Views
283
Current Estimated Value
$614,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,521
Avg. Annual Appreciation
4.69%
Original Mortgage
$504,490
Outstanding Balance
$495,137
Interest Rate
7.18%
Mortgage Type
Construction
Estimated Equity
$118,930
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
Patil Amol M $560,545 Century Title
R Fralin Homes Ii Llc -- Century Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patil Amol M $504,490
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold $560,545 +7.6% $195 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
02/28/2023 02/28/23 Price Changed $520,950 -1.9% $181 / Sq Ft
01/11/2023 01/11/23 For Sale $530,950 -- $184 / 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 $5,597 $543,400 $75,000 $468,400
2024 $5,257 $505,500 $70,000 $435,500
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

  • Allison Ratcliffe

    Seller's Agent in 2023

    Allison Ratcliffe

    EMBOLDEN REALTY GROUP

    (434) 531-6567

    26 in this area

    276 Total Sales

    Allison Ratcliffe
    Section Image
  • Richia Gregston

    Buyer's Agent in 2023

    Richia Gregston

    NEST REALTY ROANOKE

    (580) 736-8781

    4 in this area

    60 Total Sales

    Richia Gregston
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 895259

Roanoke Valley Association of REALTORS®

APN: 086.11-05-20

Virginia Roanoke County Roanoke 24018 Cave Spring

5866 Ivy Park Dr, Roanoke, VA

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