This great townhouse is centrally located in Cave Spring and is a short distance to Cave Spring High School and Tanglewood Mall. It's an end unit in the cul-de-sac, with two-bedrooms, large walk-in closets, one full bathroom (jack and jill), one half bathroom, full walkout basement, and a great deck. Located in the The Forest, which has a great community pool. Priced well to allow for the new owner to make additional updates. Ideal for an investor looking for a rental property or flip. The owner is selling ''as is'' and will make no repairs. Personal property in the townhouse will be left will convey with the townhouse.
TownhomeProperty Type
1981Year Built
2,766 sq ftLot Size
$188Est. Price/Sq.Ft.
2 spacesParking
Listed by APRIL MCGHEE• L T MCGHEE & CO
Bought with Non Member Transaction Agent• Non-Member Transaction Office
Source:MLSRV #893474
Redfin Estimate
$231,270
$27K since sold in June 2023$3,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 4.6% lower than the average sale price ($242K) of 6 comparable homes.
This great townhouse is centrally located in Cave Spring and is a short distance to Cave Spring High School and Tanglewood Mall. It's an end unit in the cul-de-sac, with two-bedrooms, large walk-in closets, one full bathroom (jack and jill), one half bathroom, full walkout basement, and a great deck. Located in the The Forest, which has a great community pool. Priced well to allow for the new owner to make additional updates. Ideal for an investor looking for a rental property or flip. The owner is selling ''as is'' and will make no repairs. Personal property in the townhouse will be left will convey with the townhouse.
Public Records
Jun 1, 1981
Sold
$61,900
$50/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$2,173 (+5.6%)
$45,000 + $166,000
$211,000
2025
$2,059 (+0.3%)
$40,000 + $159,900
$199,900
2024
$2,053 (+17.1%)
$35,000 + $162,400
$197,400
2023
$1,753 (+10.1%)
$35,000 + $130,400
$165,400
2022
$1,593 (+10.5%)
$32,000 + $114,100
$146,100
2021
$1,441 (+6.7%)
$27,000 + $105,200
$132,200
2020
$1,351 (+3.6%)
$26,000 + $97,900
$123,900
2018
$1,304 (+2.6%)
$26,000 + $94,600
$120,600
2017
$1,271 (+2.0%)
$26,000 + $90,600
$116,600
2016
$1,246 (−2.7%)
$26,000 + $90,600
$116,600
2015
$1,280 (−0.9%)
$26,000 + $88,400
$114,400
2014
$1,292
$27,000 + $91,600
$118,600
Tax history for 2898 Tree Swallow Rd
Year
Property tax
Land + Additions
Assessment*
2026
$2,173 (+5.6%)
$45,000 + $166,000
$211,000
2025
$2,059 (+0.3%)
$40,000 + $159,900
$199,900
2024
$2,053 (+17.1%)
$35,000 + $162,400
$197,400
2023
$1,753 (+10.1%)
$35,000 + $130,400
$165,400
2022
$1,593 (+10.5%)
$32,000 + $114,100
$146,100
2021
$1,441 (+6.7%)
$27,000 + $105,200
$132,200
2020
$1,351 (+3.6%)
$26,000 + $97,900
$123,900
2018
$1,304 (+2.6%)
$26,000 + $94,600
$120,600
2017
$1,271 (+2.0%)
$26,000 + $90,600
$116,600
2016
$1,246 (−2.7%)
$26,000 + $90,600
$116,600
2015
$1,280 (−0.9%)
$26,000 + $88,400
$114,400
2014
$1,292
$27,000 + $91,600
$118,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R3
Medium Density Multi-Family Residential District
The purpose of the R-3, medium density multi-family residential district is to provide areas in the county within the urban service area where existing middle-high density residential development (six to twelve units per acre) has been established and land areas which generally appear to be appropriate for such development. This district is intended to coincide with the development and transition land use categories contained in the comprehensive plan. They are designated based on access to major streets, sewer and water, and schools with suitable capacity to accommodate development at the stated density, and where parcel sizes allow for well-planned residential development. The areas designated in this district are also intended to serve as a buffer between less intensive residential areas and more intensive office, commercial and industrial areas and districts. A variety of housing densities and styles is encouraged in order to permit a diversity and flexibility in design and layout. Additional standards are established to provide for amenities in higher density developments.
Permitted uses
Include but are not limited to:
Assembly/ meeting place
Community / recreation center
Housing-Single unit
Housing-Multiple units
Housing-Student
Infrastructure
Recreation
Communications tower
Park & open space
Property details
Interior
Basement Information
Basement Sq. Ft: 611
Basement Type: Unfinished
Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 2
Heating & Cooling
Air Conditioning Type: Central
Heating Fuel Type: Gas
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Fireplace Type: 2 Story 3 Openings
Has Fireplace
Exterior
Exterior Information
Floor Construction Type: Plywood
Foundation Type: Continuous Footing
Exterior Wall: Brick
Roof Covering Type: Asphalt/Composition Shingle
Roof Framing Type: Wood
Roof Shape Type: Gable
Property Information
Subdivision Name: PLAT /SEC #1 THE FOREST
Living Sq. Ft: 1,232
Ground Floor Sq. Ft: 611
Building Sq. Ft: 1,843
# of Stories: 2
Stories Type: 2
Legal Description: LT 25 BLK 1 SEC 1 THE FOREST
Lot Information
# of Buildings: 1
Land Sq. Ft: 2,766
Legal Lot Number: 25
Legal Block Number: 1
Municipality Name: COUNTY
Acres: 0.0635
Zoning Code: R3
County Use Description: TOWNHOUSE
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,232
Stories: 2.0
Lot Size: 2,766 square feet
Style: Townhouse
Year Built: 1981
Year Renovated: 1991
County: Roanoke County
APN: 087.10-05-69.00-0000
Home facts updated by county records on Jun 25, 2026
Around this home
Schools
Penn Forest Elementary School
Public PreK-5 • Assigned • 0.7mi
10/10
Cave Spring Middle School
Public 6-8 • Assigned • 1.2mi
10/10
Cave Spring High School
Public 9-12 • Assigned • 0.2mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 99° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Roanoke, VA • 24018
Average low and high temperatures (°F)
43
26
50
31
68
42
75
50
75
55
87
64
90
70
84
64
79
59
71
47
61
41
48
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Oct
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Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 4.6 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$220,000 – $266,000
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