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3014 Lofton Road

3014 Lofton Road, Roanoke, VA 24018
House in Cave Spring
3014 Lofton Road has been categorized by the local assessors in Roanoke, VA as a type of property. The building on the property was first built in 1963 and is 63 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. In addition, 3014 Lofton Road has 1,603 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a that is 1,603 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a .

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a and a . The building has a style roof made of . The exterior walls of the building are made of . While the interior walls have been made of . As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing and being fueled with . There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3014 Lofton Road sold most recently in Aug 10, 2021 for a total of $275,000. If you work out the math, that's approximately a cost of $171.55 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $283,232 in taxes each year. 3014 Lofton Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $267,200. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $217,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Off Street Parking

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20210615
06/15/2021
3 Bed
3 Bath
2164 ft²
$285,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2164 ft²
-
-
DINAH MOSER
LONG & FOSTER - ROANOKE OFFICE


Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Cover: 15
  • Basement Type: 3
  • Basement Area: 1,603
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,603
  • Gross Building Area: 3,750
  • Building Area: 1,603
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 1
  • Heated Square Feet: 1,603
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLEARVIEW
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: LT 8 BLK 15 SEC 7 SPRING VALLEY

Neighborhood

  • School District Name: Roanoke County Public Schools
  • Census Tract: 030702

Zoning

  • Zoning: R1

Geography

  • Account Number: 000031650
  • Section: 7
  • Parcel: 077.06-01-35
  • Block: 15
  • Lot: 8
  • Municipality: WINDSOR HILLS
  • Latitude: 37.2472
  • Longitude: -79.9972

    Address

  • Full Address: 3014 Lofton Rd
  • Address - House Number: 3014
  • Address - Street Name: Lofton
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Roanoke
  • Carrier Code: C058
  • 4-Digit Zip Code: 2622
  • Zip Code: 24018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $283,232

    Appraisal Valuation

  • Standard Deviation: 0.1433
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 82
  • Final Value: 320,720
  • High Value: 366,697
  • Low Value: 274,742

    Market Valuation

  • Market Total Value: $267,200
  • Market Land Value: $50,000
  • Market Improvement Value: $217,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $267,200
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $217,200

    Sales

  • Current Sale Contract Date: Aug 10, 2021
  • Current Sale Recording Date: Aug 18, 2021
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 202111996
  • Previous Sale Recording Date: Dec 10, 2009
  • Previous Sale Contract Date: Oct 28, 2009
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Cave Spring



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Frequently Asked Questions

What neighborhood is 3014 Lofton Road located in?
The 3014 Lofton Road is a house located in the neighborhood of Cave Spring in Cave Spring, Roanoke.
What is the average sales price for listings in 3014 Lofton Road?
The average sales price for units in 3014 Lofton Road is $0 currently.