505 Ridge Rd · Cloverdale, VA 24175

$272,500

4 bd · 1.0 ba · 1,504 sqft · Manufactured public records · 132 Days on market

Built 1979 0.45 ac lot $181/sqft · at area comps Est $270k · at est.

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +11.9/30.0
• ARV discount +7.0/15.0
• Schools +6.8/10.0
• DSCR +3.5/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

Key facts

• 0.45 acre lot
• 2 parking spots
• Built 1979

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath manufactured listed at $272k.

Deal economics

• At list price, monthly cash flow is $-68 ($-819/yr) — negative.
• To cash-flow at today's rent, offer at most $260k (4.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $197k (27.5% below list).
• Recommended offer: $197k (27.5% below list) — sets the bar for 1% rule.
• Cap rate 6.0% vs local median 2.9% in Cloverdale — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 66/100 on livability (#325 in VA) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, housing B; Watch: employment C-, amenities F, commute F.
• Botetourt County Public School District (rural): math 76% / reading 82% proficiency, ranked #6 of 131 in VA (top 5%) — strong family-tenant draw, lease renewals of 3-5y typical; only 19% free/reduced lunch — higher-income household profile.
• Market conditions: 78 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 116 units permitted in Botetourt County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Botetourt County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 132 days — a 12% lower offer ($240k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 23y ago; this cycle's ask has dropped $27k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $68k; list at $272k implies a 301% gain — meaningful room to come down on a strong offer.

Recommended offer $197,464 (27.5% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 132 days. Have you received any prior offers? Is the seller open to a 28% concession, seller financing, or rate buy-down credit?
3. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.72% ✗
• Cap rate: 5.99%
• Cash-on-cash: -1.07%
• DSCR: 0.95
• GRM: 11.5

CMA / ARV

• ARV (median comp): $269,665
• List price: $272,500
• Delta: 1.05%
• Verdict: FAIR
• Comps: 11 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
303 Coaling Rd	0.50mi	3/2.0 (-1)	1,393 (-7%)	10mo	$300,000	$215	47

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -18.1%
• Equity multiple: 0.36×
• Total profit: $-48,629
• Equity at exit: $40,631

10-year hold

• IRR: -10.5%
• Equity multiple: 0.36×
• Total profit: $-48,457
• Equity at exit: $23,561

Cash invested: $76,300 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 55 Moderately Landlord-Leaning
• State Virginia: 55 Moderately Landlord-Leaning · D+2
• County: — inherits STATE
• City: — inherits STATE

VRLTA gives some tenant protections; Northern Virginia courts slower; rural VA landlord-leaning.

Methodology + full state rankings →

ZIP-level market 24175

• Home prices YoY: -24.6%
• Active inventory: 78
• Price-to-rent: 11.5×

Monthly cashflow live

• Estimated rent: $1,975 medium
• Mortgage (P&I): −$1,429
• Tax from tax record: −$86 /mo · $1,028/yr
• Insurance: −$114
• HOA: −$0
• Vacancy / Maint / Mgmt: −$415
• Net cashflow: $-68

Break-even live

Break-even rent $2,061

Max offer price $260,447

Occupancy floor 98%

Sensitivity live

Price	-10% $86	-5% $9	+0% $-68	+5% $-145	+10% $-222
Rent	-10% $-224	-5% $-146	+0% $-68	+5% $10	+10% $88
Rate	-1.0pp $69	-0.5pp $1	base $-68	+0.5pp $-139	+1.0pp $-211

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $68,125
• Closing costs: $8,175
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
439 Roanoke Rd Daleville, VA	3.0	2.0	1572	$2,025	$1.29	22d	1	1.48mi
439 Roanoke Rd Unit 101 Daleville, VA	3.0	2.0	1460	$1,925	$1.32	22d	1	1.48mi

Listing history 34 events

1. 2026-06-05
   statusdays on market $272,500 Pending 132 DOM
2. 2026-05-31
   days on market $272,500 Active 160 DOM
3. 2026-05-30
   days on market $272,500 Active 159 DOM
4. 2026-05-18
   price $274,000 1120-char remark

   Show marketing remark (1120 chars)

   Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

5. 2026-05-15
   price $274,500 1120-char remark

   Show marketing remark (1120 chars)

   Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

6. 2026-05-04
   status Active 1120-char remark

   Show marketing remark (1120 chars)

   Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

7. 2026-05-04
   price $275,000 1120-char remark

   Show marketing remark (1120 chars)

   Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

8. 2026-04-01
   status Pending 1120-char remark

   Show marketing remark (1120 chars)

   Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

9. 2026-02-26
   price $260,000 1120-char remark

   Show marketing remark (1120 chars)

   Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

10. 2026-02-25
    status Active 1120-char remark

    Show marketing remark (1120 chars)

    Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

11. 2026-02-18
    status Pending 1120-char remark

    Show marketing remark (1120 chars)

    Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

12. 2026-02-13
    price $275,000 1120-char remark

    Show marketing remark (1120 chars)

    Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

13. 2026-02-04
    price $278,000 1120-char remark

    Show marketing remark (1120 chars)

    Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

14. 2026-02-01
    price $279,000 1120-char remark

    Show marketing remark (1120 chars)

    Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

15. 2026-01-22
    price $282,000 1120-char remark

    Show marketing remark (1120 chars)

    Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

16. 2026-01-21
    price $282,250 1120-char remark

    Show marketing remark (1120 chars)

    Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

17. 2026-01-20
    price $282,500 1120-char remark

    Show marketing remark (1120 chars)

    Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

18. 2026-01-19
    price $282,750 1120-char remark

    Show marketing remark (1120 chars)

    Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

19. 2026-01-18
    price $283,000 1120-char remark

    Show marketing remark (1120 chars)

    Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

20. 2026-01-06
    price $284,000 1120-char remark

    Show marketing remark (1120 chars)

    Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

21. 2026-01-04
    price $288,600 1120-char remark

    Show marketing remark (1120 chars)

    Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

22. 2025-12-26
    price $288,700 1120-char remark

    Show marketing remark (1120 chars)

    Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

23. 2025-12-19
    price $288,800 1120-char remark

    Show marketing remark (1120 chars)

    Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

24. 2025-12-15
    price $288,900 1120-char remark

    Show marketing remark (1120 chars)

    Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

25. 2025-12-03
    price $289,000 1120-char remark

    Show marketing remark (1120 chars)

    Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

26. 2025-11-13
    listed $299,950 Active 1120-char remark

    Show marketing remark (1120 chars)

    Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

27. 2025-11-12
    historical $299,950 1120-char remark

    Show marketing remark (1120 chars)

    Motivated Seller!! Welcome home to this beautifully remodeled 4-bedroom, 2-bath home situated on a spacious corner lot in highly desirable Botetourt County. Thoughtfully updated from top to bottom, this move-in ready property offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to discover a fully renovated interior featuring stylish finishes throughout, an updated kitchen with modern cabinetry, countertops, and stainless-steel appliances, plus spacious living areas perfect for entertaining or relaxing. The large primary suite provides a private retreat with plenty of space to unwind. Outside, enjoy the benefits of a generous corner lot with room to entertain, garden, or simply enjoy the outdoors. Conveniently located near schools, shopping, dining, and major roadways for an easy commute. Additional peace of mind includes available home and septic inspection reports. Septic tank was pumped and inspected in 2026, with a new distribution box and piping installed in 2026. This turnkey home is a rare opportunity in Botetourt County, schedule your showing today before it's gone!

28. 2025-07-31
    soldstatus $68,000
29. 2012-06-13
    soldstatus $74,900 294-char remark

    Show marketing remark (294 chars)

    Lovely ranch style home in Botetourt County. Home is on a corner lot and a very convenient location. Features a fenced yard, attached 1 car garage, and rear deck. Fannie Mae Homepath Property. Purchase this property for as little as 3% down. Approved for HomePath Renovation Mortgage Financing.

30. 2012-02-25
    listed $74,900 294-char remark

    Show marketing remark (294 chars)

    Lovely ranch style home in Botetourt County. Home is on a corner lot and a very convenient location. Features a fenced yard, attached 1 car garage, and rear deck. Fannie Mae Homepath Property. Purchase this property for as little as 3% down. Approved for HomePath Renovation Mortgage Financing.

31. 2004-05-28
    soldstatus $95,000
32. 2004-04-02
    listed $94,950
33. 2003-08-10
    historical
34. 2003-02-10
    listed $94,950

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast VA · Resets to sale price

• Current annual tax: $1,028 · $86/mo
• Projected year-2 tax: $2,234 · $186/mo
• Expected delta: +$1,207/yr (+$101/mo · 117.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥100°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,696
• − Mortgage interest: −$15,264
• − Property taxes: −$1,028
• − Insurance: −$1,362
• − Repairs & maintenance: −$1,896
• − Management: −$1,896
• − Depreciation: −$7,927
• Taxable loss: −$5,677
• Est. tax savings @ 24.0%: +$1,363
• After-tax cash flow: $544/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Botetourt County Public School District
• NCES district ID: 5100420
• Math proficiency: 76% ▼ -14.00%
• Reading proficiency: 82% ▼ -2.00%
• Median HH income: $63,125
• Composite: 68.07/100
• National rank: #355
• State rank: #6 of 131 in VA

Livability — Cloverdale

• Score: 66/100
• State rank: #325
• US rank: #12236

Category grades

Amenities F Commute F Cost of living B- Crime A+ Employment C- Housing B Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 8,054

Population outlook (Botetourt County) Hauer SSP2

• Today (2025): 34,273 people
• By 2030: 34,457 · +0.5%
• By 2040: 34,051 · -0.6%
• By 2050: 32,841 · -4.2%
• By 2075: 30,720 · -10.4%
• By 2100: 26,395 · -23.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Two or more races 2% Hispanic / Latino 2%
• Common ancestry: Italian 2% Slovak 2% Serbian 2%
• Foreign-born: 3% · Canada
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Botetourt

• 2024 margin: Solid R (+45.1) · D 27.0% · R 72.2%
• 2008→2024 swing: -11.9pp toward R · 2008: -33.2pp · 2024: -45.1pp
• All cycles: 2024: R+45.1 2020: R+44.5 2016: R+47.6 2012: R+38.6 2008: R+33.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -49.50%
• Current HPI: 151.591
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.40%
• F500 in state: 50

Industry mix (Fortune 500 HQ in VA)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	4	$236B
▸Technology / Defense	3	$32B
▸Financial Services	2	$176B
▸Utilities	2	$27B
▸Insurance	2	$25B
▸Technology	2	$15B

Price history

+188.6% since first listed

31 events — show timeline

• 2026-05-18 Price Changed $274,000 MLSRV
• 2026-05-15 Price Changed $274,500 MLSRV
• 2026-05-04 Relisted — MLSRV
• 2026-05-04 Price Changed $275,000 MLSRV
• 2026-04-01 Pending — MLSRV
• 2026-02-26 Price Changed $260,000 MLSRV
• 2026-02-25 Relisted — MLSRV
• 2026-02-18 Pending — MLSRV
• 2026-02-13 Price Changed $275,000 MLSRV
• 2026-02-04 Price Changed $278,000 MLSRV
• 2026-02-01 Price Changed $279,000 MLSRV
• 2026-01-22 Price Changed $282,000 MLSRV
• 2026-01-21 Price Changed $282,250 MLSRV
• 2026-01-20 Price Changed $282,500 MLSRV
• 2026-01-19 Price Changed $282,750 MLSRV
• 2026-01-18 Price Changed $283,000 MLSRV
• 2026-01-06 Price Changed $284,000 MLSRV
• 2026-01-04 Price Changed $288,600 MLSRV
• 2025-12-26 Price Changed $288,700 MLSRV
• 2025-12-19 Price Changed $288,800 MLSRV
• 2025-12-15 Price Changed $288,900 MLSRV
• 2025-12-03 Price Changed $289,000 MLSRV
• 2025-11-13 Listed $299,950 MLSRV
• 2025-11-12 Coming Soon $299,950 MLSRV
• 2025-07-31 Sold (Public Records) $68,000 Public Records
• 2012-06-13 Sold (MLS) $74,900 MLSRV
• 2012-02-25 Listed $74,900 MLSRV
• 2004-05-28 Sold (MLS) $95,000 MLSRV
• 2004-04-02 Listed $94,950 MLSRV
• 2003-08-10 Listing Removed — MLSRV
• 2003-02-10 Listed $94,950 MLSRV

Property tax history

+2.4%/yr

Latest (2025): $1,028 · +0.0% YoY. Source: county tax records.