NOT LISTED FOR SALE

1002 2nd St SW Roanoke, VA 24016

Old Southwest Neighborhood
4 Beds
2 Baths
1,524 Sq Ft
3,485 Sq Ft Lot

Last Sold September 17, 2021

Last sale price $155,000 $102 Per Sq Ft

5 Days on Market

About This Home

As of September 2021

Investment opportunity. Well maintained duplex in the heart of Old Southwest. Corner lot at the intersection of 2nd St. and Highland Ave. Hardwood floors, newer roof, and vinyl siding. Fully occupied. Water and gas separately metered.

Last Agent to Sell the Property

Derek Hicks

WALDVOGEL COMMERCIAL PROPERTIES License #0225248097 Listed on: 07/29/2021

Co-Listed By

Matthew Zimmerman

WALDVOGEL COMMERCIAL PROPERTIES License #0225229039

Last Buyer's Agent

Judy Poindexter

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225092156

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,560

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 1,524 Sq Ft Home
  • Crawl Space

Schools

  • Highland Park Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 1 / 7

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Old Southwest Subdivision

Building Details

  • 2 Leased Units
  • Operating Expense $5,358
  • Gross Income $16,800
  • Net Operating Income $11,442

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,560

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: Window A/C
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2021-08-03
  • TotalAnnualExpen: 5358.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Street

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Schools

  • Elementary School: Highland Park
  • Middle School: James Madison
  • High School: Patrick Henry

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.08
  • Lot: 1
  • Present Use: Converted
  • ZoningCode: MX

Building Info

  • Year Built: 1925

Tax Info

  • Taxes (6 mo): 1560.30
  • FILLTAXID: 1022301

Multi Family

  • Tenant Pays: Electricity, Gas
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Highland Park
  • HighSchool: Patrick Henry
  • Middle School: James Madison

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $155,000 -16.2% $102 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $185,000 +85.0% $121 / Sq Ft
11/21/2014 11/21/14 Sold $100,000 +1.0% $66 / Sq Ft
09/16/2014 09/16/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $99,000 -- $65 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Derek Hicks

    Seller's Agent in 2021

    Derek Hicks

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 330-6126

    8 in this area

    49 Total Sales

    Section Image
  • Matthew Zimmerman

    Seller Co-Listing Agent in 2021

    Matthew Zimmerman

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 759-1884

    8 in this area

    41 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Judy Poindexter

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 375-9000

    3 in this area

    34 Total Sales

    Section Image

  • M

    Buyer's Agent in 2014

    Mason McLeod

    LICHTENSTEIN ROWAN, REALTORS(r)

    (540) 597-5595

    2 in this area

    7 Total Sales

    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 882477

Roanoke Valley Association of REALTORS®

APN: 102-2301

Virginia Roanoke City County Roanoke 24016 Old Southwest

1002 2nd St SW, Roanoke, VA

This home is located at 1002 2nd St SW, Roanoke, VA 24016 since 29 July 2021. This property was built in 1925. 1002 2nd St SW is a home located in Roanoke City with nearby schools including Highland Park Elementary School, James Madison Middle School, and Patrick Henry High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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