NOT LISTED FOR SALE

7974 Forest Edge Dr Roanoke, VA 24018

Estimated Value: $374,390 - $400,000

3 Beds
2 Baths
1,761 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $361,000 $205 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,371/month

2 Days on Market

Highlights

  • Mountain View
  • Deck
  • Cathedral Ceiling
  • Back Creek Elementary School Rated A-
  • Ranch Style House
  • No HOA

About This Home

As of June 2023

Fabulous, move-in ready ranch home in sought after Forest Edge subdivision in South Roanoke County! UPDATED with vinylsiding, gutters, water softener, light fixtures and paint. This home boasts lovely hardwood floors, open floor plan, spacious bedrooms with newer carpet and twofull baths on the main level, a large den/family room as well as an office in the lower level. Lots of storage space with shelving in the unfinished portion of thebasement. Rocking chair front porch with gorgeous panoramic mountain views!! Nice deck for entertaining or relaxing with a cold beverage or morning coffee.Newly created garden bed area in the backyard. Quiet neighborhood located only minutes from the elementary school. This home is MUST SEE, before is gone!!

Last Agent to Sell the Property

Tammy Pence

MKB, REALTORS(r) - AT THE LAKE License #0225244762 Listed on: 05/23/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,747

Year Built

  • Built in 1987

Lot Details

  • 0.5 Acre Lot
  • Cul-De-Sac
  • Garden

Home Design

  • Ranch Style House

Interior Spaces

  • Cathedral Ceiling
  • Storage
  • Mountain Views
  • Storm Doors

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Back Creek Elementary School
  • Cave Spring Middle School
  • Cave Spring High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Forest Edge Subdivision

Listing and Financial Details

  • Legal Lot and Block 36 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,747

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Interior Features: Cathedral Ceiling, Storage
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Freezer, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck, Garden Space, Paved Driveway
  • Views: Mountain
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1161.00
  • ExteriorDoors: Insulated Storm, Metal
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 2322
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: cox
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 600.00
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2023-05-25
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1161
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1761.00
  • TotalUnfin Sq Ft: 561.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 561.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Community System
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Maint-Free Exterior, Paved Road, Underground Util

Schools

  • Elementary School: Back Creek
  • Middle School: Cave Spring
  • High School: Cave Spring

Lot Info

  • Lot Description: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.50
  • Lot: 36

Building Info

  • Year Built: 1987

Tax Info

  • Taxes (6 mo): 2747.00
  • FILLTAXID: 095-01-03-14.00-0000

MLS Schools

  • Elementary School: Back Creek
  • HighSchool: Cave Spring
  • Middle School: Cave Spring

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Jun 20, 2023
Sold by
Bowles John Edward
Bought by
Olvera Fernando J and Olvera Kayla D
Seller's Agent
Tammy Pence
MKB, REALTORS(r) - AT THE LAKE
List Price
$349,950
Sold Price
$361,000
Premium/Discount to List
$11,050
3.16%
Total Days on Market
2
Views
9
Current Estimated Value
$389,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,348
Avg. Annual Appreciation
3.44%
Original Mortgage
$288,800
Outstanding Balance
$282,891
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$106,275

Purchase Details

Listed on
Apr 4, 2021
Closed on
May 19, 2021
Sold by
Martin Linda D
Bought by
Bowles John Edward and Bowles Brooke Craighead
Seller's Agent
Lisa Martin Meier
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Crystal Bowles
MKB, REALTORS(r)
List Price
$294,996
Sold Price
$270,000
Premium/Discount to List
-$24,996
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.83%
Original Mortgage
$276,210
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Aug 4, 2015
Sold by
Martin R Troy and Martin Linda D
Bought by
Martin Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
4.03%
Mortgage Type
New Conventional
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
Olvera Fernando J $361,000 Fidelity National Title
Bowles John Edward $270,000 Star City Title & Settlement
Martin Linda D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olvera Fernando J $288,800
Previous Owner Bowles John Edward $276,210
Previous Owner Martin Linda D $150,000
Previous Owner Martin Linda D $30,000
Previous Owner Martin Linda D $109,000
Previous Owner Martin R Troy $95,801
Previous Owner Martin Richard T $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $361,000 +3.2% $205 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $349,950 +29.6% $199 / Sq Ft
05/13/2021 05/13/21 Sold $270,000 -8.5% $153 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/04/2021 04/04/21 For Sale $294,996 -- $168 / 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 $3,187 $306,400 $57,000 $249,400
2023 $2,870 $270,800 $47,000 $223,800
2022 $2,747 $252,000 $45,000 $207,000
2021 $2,045 $187,600 $40,000 $147,600
2020 $2,029 $186,100 $40,000 $146,100
2019 $1,928 $176,900 $40,000 $136,900
2018 $1,782 $170,600 $40,000 $130,600
2017 $1,782 $163,500 $40,000 $123,500
2016 $1,751 $160,600 $40,000 $120,600
2015 $1,749 $160,500 $40,000 $120,500
2014 $1,748 $160,400 $40,000 $120,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 898468

Roanoke Valley Association of REALTORS®

APN: 095.01-03-14