512 Nellies Cave Rd
Blacksburg, VA 24060
3 bd 2 ba 1,400 sqft Built 1978 condos
Most recent sale
$250,750
Jun 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 1, 2022 | Sold | $250,750 | MLS #414364 |
| Feb 26, 2022 | Listed | $227,000 | MLS #414364 |
| Jul 20, 2018 | Sold | $150,000 | Public Record |
| Apr 25, 2014 | Sold | $129,900 | Public Record |
| Apr 8, 2014 | Listing removed | $129,900 | NewRiver |
| Apr 4, 2014 | Listed | $129,900 | MLS #314096 |
| Jan 1, 2014 | Sold | $129,900 | Public Record |
| Jun 9, 2006 | Sold | $150,000 | Public Record |
| Jul 25, 2002 | Sold | $49,500 | Public Record |
| Jan 1, 2002 | Sold | $81,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $237,600 | — | $237,600 | $1,805 |
| 2023 | $237,600 | — | $237,600 | $1,663 |
| 2022 | $125,900 | — | $125,900 | $1,120 |
| 2021 | $125,900 | — | $125,900 | $1,121 |
| 2020 | $125,900 | — | $125,900 | $1,121 |
| 2019 | $125,900 | — | $125,900 | $1,121 |
| 2016 | $112,400 | — | $112,400 | $1,000 |
| 2015 | $112,400 | — | $112,400 | $1,000 |
| 2014 | $140,500 | — | $140,500 | $1,250 |
Property facts
Year built
1978
Property type
condos
Stories
—
Beds
3
Baths
2
Living area
1,400 sqft
Lot size
—
ZIP code
24060
City
Blacksburg
Street
Nellies Cave Rd
Coordinates
37.21276, -80.39303
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,100
Gross rental yield
10.05%
Implied cap rate
6.53%
Trend-extrapolated value
—
Frequently asked questions
When did 512 Nellies Cave Rd last sell?
512 Nellies Cave Rd most recently sold on Jun 1, 2022 for $250,750.
What is the current tax assessment for 512 Nellies Cave Rd?
The most recent total assessment for 512 Nellies Cave Rd (year 2025) is $237,600 with $1,805 in property tax.
How does 512 Nellies Cave Rd's assessment compare to its last sale price?
The current assessment is 5.2% below the last sale price of $250,750.
When was 512 Nellies Cave Rd built?
512 Nellies Cave Rd was built in 1978.
How does 512 Nellies Cave Rd compare to others on Nellies Cave Rd?
We track 8 other properties on Nellies Cave Rd. Browse the list under "Other properties on Nellies Cave Rd" to compare beds, baths, and sale history.
What are the property facts for 512 Nellies Cave Rd?
512 Nellies Cave Rd is a 3 bed, 2 bath, 1,400 sqft condos.
Is 512 Nellies Cave Rd a flip candidate?
No — 512 Nellies Cave Rd does not appear in our flips dataset.
Is 512 Nellies Cave Rd a tax-appeal candidate?
No — 512 Nellies Cave Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.4%
Implied 1-yr
+1.6%
2026 Q3
$540.2K
2026 Q4
$542.2K
ZIP 24060 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Nellies Cave Rd