NOT LISTED FOR SALE

5940 Merriman Rd Roanoke, VA 24018

Cave Spring Neighborhood

Estimated Value: $338,000 - $377,000

4 Beds
2 Baths
2,176 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $207,200 $95 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,148/month

86 Days on Market

Highlights

  • Deck
  • No HOA
  • Front Porch
  • Penn Forest Elementary School Rated A
  • Fenced Yard
  • Storage

About This Home

As of December 2020

SPACIOUS AND AFFORDABLE 4 BDRM SPLIT. OPEN CONCEPT KITCHEN W/BAR OPENS TO FRESHLY PAINTED FAMILY ROOM. STEP OUT FROM THE DINING AREA ONTO THE LARGE DECK OVERLOOKING THE FENCED IN BACKYARD. A FAMILY RM, FULL BATH AND RECREATION RM/OFFICE, 4TH BDRM AND LAUNDRY ROOM ROUND OUT THE LOWER LEVEL. CLOSE TO ALL AREA AMENITIES, THE SOUTH COUNTY LIBRARY AND SCHOOLS. AWARD WINNING SW COUNTY SCHOOLS. REPLACEMENT WINDOWS. Deck is being freshly painted the week of September 21.

Last Agent to Sell the Property

Karin Colozza

MKB, REALTORS(r) License #0225182848 Listed on: 08/18/2020

MKB, REALTORS(r)

Last Buyer's Agent

Hunter Mills

REAL BROKER LLC - MCLEAN License #0225229605

REAL BROKER LLC - MCLEAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,084

Year Built

  • Built in 1979

Lot Details

  • 0.29 Acre Lot
  • Fenced Yard

Home Design

  • Split Foyer

Interior Spaces

  • Gas Log Fireplace
  • Family Room with Fireplace
  • Storage
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

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

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Penn Forest Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / MM

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,084

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Interior Features: Gas Log Fireplace, Storage
  • Heating System: Forced Air Gas
  • Fireplace(s): Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric
  • Cooling System: Central Cooling
  • Outside Features: Deck, Fenced Yard
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBRLowerLevel: 1
  • BedroomsBRUpperLevel: 3
  • EntryAboveGrdFin Sq Ft: 1250.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 2176
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 926.00
  • Major Area: 02 - Roanoke County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2020-11-12
  • Residential Type: Detached
  • Style Of House: Split-Foyer
  • SubagentAuthorized: No
  • SubdivisionMap: Penn Forest
  • Total Above Grd Fin S Q F T: 1250
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2176.00
  • 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

Utilities

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

Schools

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.29
  • Lot: 3

Building Info

  • Year Built: 1979

Tax Info

  • Taxes (6 mo): 2084.00
  • FILLTAXID: 087.17-04-03.00-0000

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
Aug 18, 2020
Closed on
Dec 14, 2020
Sold by
Perdue Robert K and Perdue Theresa A
Bought by
Maloy Christopher C and Davis Amber Marie
Seller's Agent
Karin Colozza
MKB, REALTORS(r)
Buyer's Agent
Hunter Mills
REAL BROKER LLC - MCLEAN
List Price
$205,000
Sold Price
$207,200
Premium/Discount to List
$2,200
1.07%
Current Estimated Value
$350,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,330
Avg. Annual Appreciation
11.81%
Original Mortgage
$203,447
Outstanding Balance
$182,274
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$168,256

Purchase Details

Listed on
Jan 8, 2020
Closed on
Feb 5, 2020
Sold by
Wright Donna and Palisca Donna
Bought by
Perdue Robert K and Perdue Theresa A
Seller's Agent
Christy Crouch
RE/MAX ALL POINTS
Buyer's Agent
Karin Colozza
MKB, REALTORS(r)
List Price
$199,950
Sold Price
$199,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$189,952
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2016
Closed on
Apr 11, 2016
Sold by
April S Luck
Bought by
Palisca Donna
Seller's Agent
Mark Wolford
RE/MAX ALL STARS
Buyer's Agent
Patricia Lawson
LICHTENSTEIN ROWAN, REALTORS(r)
List Price
$193,500
Sold Price
$193,000
Premium/Discount to List
-$500
-0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.92%
Original Mortgage
$189,504
Interest Rate
3.59%
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
Maloy Christopher C $207,200 Priority Title
Maloy Christopher C $207,200 Priority Title
Perdue Robert K $199,950 Homestead Setmnt Svcs Llc
Palisca Donna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maloy Christopher C $8,303
Open Maloy Christopher C $45,533
Open Maloy Christopher C $203,447
Closed Maloy Christopher C $7,252
Closed Maloy Christopher C $203,447
Previous Owner Perdue Robert K $189,952
Previous Owner Palisca Donna $189,504
Previous Owner Palisca Donna --
Previous Owner Luck William G $174,275
Previous Owner Luck William G $158,052
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold $207,200 +1.1% $95 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $205,000 +2.5% $94 / Sq Ft
02/14/2020 02/14/20 Sold $199,950 0.0% $92 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $199,950 +3.6% $92 / Sq Ft
04/11/2016 04/11/16 Sold $193,000 -0.3% $91 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $193,500 -- $91 / 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 $2,893 $278,200 $54,000 $224,200
2023 $2,643 $249,300 $49,500 $199,800
2022 $2,292 $210,300 $41,400 $168,900
2021 $2,144 $196,700 $39,600 $157,100
2020 $2,084 $191,200 $36,900 $154,300
2019 $2,069 $189,800 $36,900 $152,900
2018 $1,996 $186,600 $36,900 $149,700
2017 $1,996 $183,100 $36,900 $146,200
2016 $1,948 $178,700 $36,900 $141,800
2015 $1,860 $170,600 $36,900 $133,700
2014 $1,842 $169,000 $36,900 $132,100
Source: Public Records

Agents Affiliated with this Home

  • Christy Crouch

    Seller's Agent in 2020

    Christy Crouch

    RE/MAX

    (540) 312-0085

    62 in this area

    552 Total Sales

    Christy Crouch
    Section Image
  • Karin Colozza

    Seller's Agent in 2020

    Karin Colozza

    MKB, REALTORS(r)

    (540) 761-4166

    52 in this area

    188 Total Sales

    Karin Colozza
    Section Image

  • T

    Seller Co-Listing Agent in 2020

    Tony Crouch

    MAC WESTLAND REAL ESTATE GROUP

    (540) 208-6102

    18 in this area

    168 Total Sales

    Tony Crouch
    Section Image

  • H

    Buyer's Agent in 2020

    Hunter Mills

    REAL BROKER LLC - MCLEAN

    (434) 942-9249

    3 in this area

    35 Total Sales

    Hunter Mills
    Section Image
  • Mark Wolford

    Seller's Agent in 2016

    Mark Wolford

    RE/MAX

    3 in this area

    49 Total Sales

    Mark Wolford
    Section Image

  • P

    Buyer's Agent in 2016

    Patricia Lawson

    LICHTENSTEIN ROWAN, REALTORS(r)

    (540) 204-6024

    5 in this area

    26 Total Sales

    Patricia Lawson
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 872452

Roanoke Valley Association of REALTORS®

APN: 087.17-04-03

Virginia Roanoke County Roanoke 24018 Cave Spring

5940 Merriman Rd, Roanoke, VA

This home is located at 5940 Merriman Rd, Roanoke, VA 24018 since 18 August 2020 and is currently estimated at $350,530, approximately $161 per square foot. This property was built in 1979. 5940 Merriman Rd is a home located in Roanoke County with nearby schools including Penn Forest Elementary School, Cave Spring Middle School, and Cave Spring 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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