Seller's Agent in 2024
Cody McCraw
IVY REALTY LLC
(540) 761-5820
1 in this area
6 Total Sales
1005 2nd St SW Roanoke, VA 24016
Old Southwest Neighborhood
4
Beds
2
Baths
3,204
Sq Ft
7,841
Sq Ft Lot
About This Home
As of November 2024Historic apartment building located close to Downtown Roanoke and Carilion Roanoke Memorial Hospital in the Old Southwest neighborhood. All units separately metered for electricity. Each unit includes a stove, refrigerator, microwave, dishwasher, clothes washer, and clothes dryer. Owner responsible for water. Trash collection provided by Roanoke City and included in property taxes. Current rents are $925 (Unit A), $1,225 (Unit B), and $875 (Unit C). This property is located in a designated qualified opportunity zone. See for more information regarding opportunity zones. Can be purchased as a package with MLS # 906257, 906259, 906262, or 908834.
Last Agent to Sell the Property
IVY REALTY LLC License #0225193921 Listed on: 08/28/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,727
Year Built
- Built in 1900
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 50x156
Parking
- Off-Site Parking
Home Design
- Triplex
Interior Spaces
- 3,204 Sq Ft Home
- Basement
- Dirt Floor
Schools
- Highland Park Elementary School
- James Madison Middle School
- Patrick Henry High School
Utilities
- Ductless Heating Or Cooling System
- Window Unit Cooling System
- Forced Air Heating System
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 8 / 6
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 3 Leased Units
- Operating Expense $10,730
- Gross Income $37,026
- Net Operating Income $24,444
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2024 11/06/24 | Sold | $324,900 | 0.0% | $101 / Sq Ft |
| 09/04/2024 09/04/24 | Pending | -- | -- | -- |
| 08/28/2024 08/28/24 | For Sale | $324,900 | -- | $101 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,432 | $253,400 | $72,600 | $180,800 |
| 2024 | $3,432 | $235,000 | $66,000 | $169,000 |
| 2023 | $3,199 | $197,400 | $62,200 | $135,200 |
| 2022 | $2,667 | $193,500 | $62,200 | $131,300 |
| 2021 | $2,223 | $182,200 | $58,300 | $123,900 |
| 2020 | $2,405 | $175,200 | $58,300 | $116,900 |
| 2019 | $2,251 | $162,600 | $54,400 | $108,200 |
| 2018 | $2,154 | $154,600 | $54,400 | $100,200 |
| 2017 | $1,809 | $142,100 | $48,200 | $93,900 |
| 2016 | $1,686 | $132,000 | $48,200 | $83,800 |
| 2015 | $1,284 | $122,900 | $48,200 | $74,700 |
| 2014 | $1,284 | $113,300 | $48,200 | $65,100 |
Source: Public Records
Agents Affiliated with this Home
-
Cody McCraw
-
Judy Poindexter
J
Buyer's Agent in 2024
Judy Poindexter
WAINWRIGHT & CO., REALTORS(r)- LAKE
(540) 375-9000
3 in this area
28 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 910440
APN: 102-2208
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