Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
(540) 329-3697
159 Total Sales
2 in Old Southwest
$637,500 Price Range
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
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2024
Closed on
Nov 1, 2024
Sold by
Bought by
Seller's Agent
Cody McCraw
IVY REALTY LLC
Buyer's Agent
Judy Poindexter
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$324,900
Sold Price
$324,900
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,150
Outstanding Balance
$271,576
Interest Rate
7.24%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 6, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.74%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 29, 2008
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Old Southwest, VA
-
Debbie Shelton
-
Brad Thomas
Brad Thomas
Responds QuicklyMOUNTAIN VIEW REAL ESTATE LLC
(540) 900-1493
558 Total Sales
2 in Old Southwest
$228K - $1M Price Range
-
Thomas Fellers
Thomas Fellers
MKB, Roanoke
(540) 427-7269
221 Total Sales
2 in Old Southwest
$290K - $434K Price Range
-
Dena Balzano
Dena Balzano
LICHTENSTEIN ROWAN, REALTORS(r)
(540) 329-2423
92 Total Sales
1 in Old Southwest
$289,950 Price
-
DON MARR
DON MARR
NEXTHOME TWOFOURFIVE
(434) 771-2354
79 Total Sales
2 in Old Southwest
$270K - $390K Price Range
-
Jarrod Hines
Jarrod Hines
REAL BROKER LLC - MCLEAN
(540) 831-3727
107 Total Sales
1 in Old Southwest
$325,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $324,900 | American Title | ||
| $185,000 | Fidelity National Ttl Ins Co | ||
| $75,000 | Lawyers Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $276,150 | ||
| Previous Owner | $244,000 | ||
| Previous Owner | $148,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,091 | $253,400 | $72,600 | $180,800 |
| 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
Seller's Agent in 2024
Cody McCraw
IVY REALTY LLC
(540) 761-5820
1 in this area
6 Total Sales
-
Judy Poindexter
J
Buyer's Agent in 2024
Judy Poindexter
WAINWRIGHT & CO., REALTORS(r)- LAKE
(540) 375-9000
3 in this area
26 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 910440
APN: 102-2208
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