NOT LISTED FOR SALE

8657 Martins Creek Rd Roanoke, VA 24018

Roanoke Area

Estimated Value: $88,000 - $262,000

2 Beds
1 Bath
700 Sq Ft
$290/Sq Ft Est. Value

Sale Details

Date Sold: November 15, 2022

Last sale price $70,552 $101 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,266 / mo

7 Days on Market

Highlights

  • Mountain View
  • Wood Burning Stove
  • No HOA
  • Back Creek Elementary School Rated A-
  • Secluded Lot
  • Cottage

About This Home

As of November 2022

GET OFF THE GRID TODAY. VERY PRIVATE COUNTRY SETTING. GREAT FOR A WEEKEND GET-A-WAY PLACE. LOTS OF WILDLIFE. NEEDS SOME WORK BUT THIS COULD BE YOUR SPECIAL PLACE.

Last Agent to Sell the Property

Robert Rouse

YOUNG REALTY COMPANY License #0225022611 Listed on: 10/26/2022

Last Buyer's Agent

Jeff Osborne

LICHTENSTEIN ROWAN, REALTORS(r) License #0225209493

Range of Values:

--
Value Increase
--
Percent Increase
--
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

  • $674

Year Built

  • Built in 1940

Lot Details

  • 1.43 Acre Lot
  • Secluded Lot
  • Lot Sloped Up

Home Design

  • Cottage

Interior Spaces

  • 700 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Mountain Views
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • 2 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Spring water is a source of water for the property
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$674

Year Built

Built in 1940

Lot Details

1.43 Acres

Listing Details

  • Interior Features: Ceiling Fan, Wood Stove
  • Heating System: Baseboard Electric
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Range Electric, Refrigerator
  • Cooling System: No Cooling System
  • Outside Features: Covered Porch, Storage Shed
  • Views: Mountain
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 700.00
  • ExteriorDoors: Wood
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: Cottage
  • SubagentAuthorized: No
  • SubdivisionMap: BACK CREEK
  • Total Above Grd Fin S Q F T: 700
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 700.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Spring
  • Water Heater Type: Tank

Lot Info

  • Lot Description: Secluded, Up Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.43
  • Phase: 1

Rental Info

  • Tenant: VACANT

Building Info

  • Year Built: 1940

Tax Info

  • Taxes (6 mo): 674.00

MLS Schools

  • Elementary School: Back Creek
  • 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
Oct 26, 2022
Closed on
Nov 8, 2022
Sold by
Bought by
Seller's Agent
Robert Rouse
YOUNG REALTY COMPANY
Buyer's Agent
Jeff Osborne
LICHTENSTEIN ROWAN, REALTORS(r)
List Price
$41,000
Sold Price
$70,552
Premium/Discount to List
$29,552
72.08%
Current Estimated Value
$203,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,708
Avg. Annual Appreciation
32.50%

Purchase Details

Closed on
Aug 31, 2022
Sold by
Bought by
Source: Public Records

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
$70,552 --
$68,402 None Listed On Document
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
Previous Owner $112,500
Previous Owner $13,800
Previous Owner $10,000
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
11/15/2022 11/15/22 Sold $70,552 +72.1% $101 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $41,000 -- $59 / 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 $1,786 $173,400 $42,800 $130,600
2025 $1,674 $162,500 $42,800 $119,700
2024 $769 $73,900 $42,800 $31,100
2023 $683 $64,400 $34,800 $29,600
2022 $675 $61,900 $34,800 $27,100
2021 $597 $59,100 $34,800 $24,300
2020 $597 $59,300 $34,800 $24,500
2019 $632 $58,000 $34,800 $23,200
2018 $592 $54,800 $33,200 $21,600
2017 $592 $54,300 $33,200 $21,100
2016 $561 $51,500 $30,000 $21,500
2015 $545 $50,000 $30,000 $20,000
2014 $542 $49,700 $30,000 $19,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 893953

Roanoke Valley Association of REALTORS®

APN: 094.00-01-14

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