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502 Cassell Ln SW, Roanoke, VA, 24014

2beds
4baths
2,512sqft
$895,000
$356price/sqft
$6,016/moest. monthly cost
$240,640/yrincome needed

About This Home

Seller financing available.Tucked into S. Roanoke's beloved neighborhood, this beautifully reimagined 1953 home blendstimeless quality with the comfort and convenience of modern living. Architect-designed renovations & alterations have transformed every inch into a space that feels refined and welcoming. Thoughtfully designed for effortless one-level living, each bedroom offers its ownprivate bath & w/in closet, while custom site-built cabinetry, oversized crown molding, & carefullycurated finishes add warmth & character throughout. Enjoy quiet mornings on the private brick patio, the ease of entry-level laundry, a whole-house generator, and the addition of an oversizedtwo-car garage complete with HVAC, hot & cold water, and 2EV charging stations.

Getting Around

24
WalkingCar-Dependent
23
TransitMinimal Transit
7
BikeSomewhat Bikeable

Schools

4/10
3/10
Patrick Henry High SchoolGrades 9-121.9 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1953

Materials

  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Down Draft,Microwave,Electric Range,Refrigerator

Basement

  • Has basement: Yes

Bedroom2

  • Level: E

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Den

  • Level: E

Dining Area

  • Level: E

Eat In Kitchen

  • Level: E

Family Room

  • Level: L

Features

  • Storage
  • Door features: Storm Door(s),Wood
  • Window features: Storm Window(s),Skylight(s)
  • Flooring: Carpet,Ceramic Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Den,Gas Log,Living Room
  • Fireplace: Yes
  • Finished area below ground: 260
  • Finished area above ground: 2,252

Foyer

  • Level: E

Heating & Cooling

  • Heating features: Ductless,Forced Air Gas,Heat Pump Electric
  • Cooling features: Central Air,Ductless

Interior Area

  • Total structure area: 3,138
  • Total interior livable area: 2,512 sqft

Laundry

  • Level: E

Living Room

  • Level: E

Other

  • Level: U

Primary Bedroom

  • Level: E

Sun Room

  • Level: E

Property

Details

  • Parcel number: 1071205
  • Zoning: R-12
  • Other equipment: Generator

Features

  • Patio & porch: Patio
  • Exterior features: Other - See Remarks,Sunroom

Lot

  • Lot size: 10,454 sqft
  • Features: Level
  • Lot size dimensions: 100 x 106 x 146 x 76

Parking

  • Total spaces: 5
  • Parking features: Detached,Garage Door Opener,Off Street
  • Has garage: Yes
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Cold Wave
Inland Flooding
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,525$54,300
Home Insurance *$341$4,092
Property Taxes $909$10,908
Electricity $241$2,903
Total$6,016$72,192
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$206,262/yr
40% on housing$180,480/yr
45% on housing$160,426/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$356This listing

vs Other Active Listings

Avg $/sqft

ZIP 24014$174
Roanoke City$132

vs Homes Sold Last Month

Median $/sqft

ZIP 24014$161
Roanoke City$124

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-14Listed for sale$895,000
2023-12-21Sold$550,000
2023-12-04Pending sale$534,950
2023-12-01Listed for sale$534,950
2021-05-24Sold$415,000
2008-03-21Sold$375,000

For Sale by Agent

AgentDANA BERENBAUM
BrokerageMKB, REALTORS(r)

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