NOT LISTED FOR SALE

1020 Jamison Ave SE Roanoke, VA 24013

Belmont Neighborhood
8 Beds
4 Baths
3,600 Sq Ft
4,792 Sq Ft Lot

Last Sold March 23, 2017

Last sale price $122,500 $34 Per Sq Ft

128 Days on Market

Highlights

  • City View
  • Walk-In Closet
  • Forced Air Heating System
  • No HOA

About This Home

As of March 2017

Large four apartment building with all maintenance free exterior. Ceramic tile in kitchens and bathrooms. All units have been remodeled and updated throughout the last couple years. Owner is also licensed real-estate agent.

Last Agent to Sell the Property

Chris Smith

LICHTENSTEIN ROWAN, REALTORS(r) License #0225188115 Listed on: 10/11/2016

Last Buyer's Agent

Tiffany Franklin

WAINWRIGHT & CO., REALTORS(r) License #0225190837

WAINWRIGHT & CO., REALTORS(r)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,621

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 5 Parking Spaces

Interior Spaces

  • Walk-In Closet
  • 3,600 Sq Ft Home
  • City Views
  • Crawl Space

Schools

  • Fallon Park Elementary School
  • William Fleming High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 20 / 15

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Insurance Expense $1,200
  • Maintenance Expense $150
  • Water Sewer Expense $1,800
  • New Taxes Expense $2,621
  • Operating Expense $16,583
  • Gross Income $27,000
  • Net Operating Income $10,417

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,621

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Interior Features: Walk-in-Closet
  • Heating System: Forced Air Gas
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: No Cooling System
  • Views: City
  • ExpensesTaxExp: 2621.00
  • Major Area: 01 - City of Roanoke
  • MiscellaneousInfoPaidUtilities: Water and Sewer
  • MiscellaneousInfoPublicTransport: Yes
  • NumberLeasedUnits: 4.00
  • NumberUnfurnished: 4.00
  • NumberVehicleSpaces: 5.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 16583.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Public Sewer
  • Expenses Water Exp: 1800.00
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Pet Allowed

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.11
  • Lot: 20
  • Present Use: Converted
  • ZoningCode: rm-1

Building Info

  • Year Built: 1910

Tax Info

  • Taxes (6 mo): 2621.24

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Electricity, Gas
  • Units In Building: 4.00
  • Multi Family Type: Apartments

MLS Schools

  • Elementary School: Fallon Park
  • HighSchool: William Fleming

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
03/23/2017 03/23/17 Sold $122,500 -2.0% $34 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
10/11/2016 10/11/16 For Sale $125,000 -- $35 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $2,489 $173,700 $15,000 $158,700
2024 $2,489 $167,900 $13,800 $154,100
2023 $2,380 $139,400 $11,000 $128,400
2022 $1,906 $131,100 $8,800 $122,300
2021 $1,746 $119,000 $7,800 $111,200
2020 $1,717 $118,800 $7,600 $111,200
2019 $1,491 $100,300 $7,600 $92,700
2018 $1,370 $90,400 $7,600 $82,800
2017 $1,178 $90,400 $7,600 $82,800
2016 $1,178 $90,400 $7,600 $82,800
2015 $1,128 $90,400 $7,600 $82,800
2014 $1,128 $0 $7,600 $82,800
Source: Public Records

Agents Affiliated with this Home

  • Chris Smith

    Seller's Agent in 2017

    Chris Smith

    LICHTENSTEIN ROWAN, REALTORS(r)

    (540) 537-2967

    51 Total Sales

    Chris Smith
    Section Image
  • Tiffany Franklin

    Buyer's Agent in 2017

    Tiffany Franklin

    WAINWRIGHT & CO., REALTORS(r)

    (540) 588-5819

    8 Total Sales

    Tiffany Franklin
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 831180

Roanoke Valley Association of REALTORS®

APN: 412-0320

Virginia Roanoke City County Roanoke 24013 Belmont

1020 Jamison Ave SE, Roanoke, VA

Not Listed for Sale

MultiFamily

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