G
Seller's Agent in 2025
Glenda McDaniel
LONG & FOSTER - SMITH MTN LAKE
(540) 797-2247
1 in this area
164 Total Sales
1028 Ray Rd SE Roanoke, VA 24014
Garden City Neighborhood
--
Bed
--
Bath
1,680
Sq Ft
6,970
Sq Ft Lot
About This Home
As of August 2025Attention Investors..Duplex located convenient to Downtown. Up and Down Duplex, lower unit is vacant. Renters pay all utilities, Siding and Roof replaced and Heatpumps in 2006. Nice Decks on lower and upper unit. Nestled near the end of the road on a serene gentle lot. Lower Unit-Dishwasher replaced in 2025,Upper Unit Dishwasher 2019, 2025 bath light and cabinet replaced Seller pays Taxes 2230.00 and insurance. Upper unit rent $985 monthly,washer and dryer in upper unit, dryer in lower unit. All Appliances sold as is. 10% management fee by Lawson Realty. If both units leased it was bringing in $23,640 - 10% management fee -taxes and insurance
Last Agent to Sell the Property
LONG & FOSTER - SMITH MTN LAKE License #0225154920 Listed on: 04/24/2025
Last Buyer's Agent
LONG & FOSTER - SMITH MTN LAKE License #0225154920 Listed on: 04/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,230
Year Built
- Built in 1987
Lot Details
- 6,970 Sq Ft Lot
Parking
- 2 Parking Spaces
Home Design
- Duplex
- Slab Foundation
Interior Spaces
- 1,680 Sq Ft Home
- Ceiling Fan
Schools
- Garden City Elementary School
- John P. Fishwick Middle School
- Patrick Henry High School
Utilities
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Tenant pays for all utilities, cable TV, insurance
- Tax Lot B
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 1 Leased Unit
- Insurance Expense $780
- Manager Expense $2,364
- New Taxes Expense $2,230
- Operating Expense $5,374
- Gross Income $23,640
- Net Operating Income $18,266
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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 |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Sold | $235,000 | -2.0% | $140 / Sq Ft |
| 07/03/2025 07/03/25 | Pending | -- | -- | -- |
| 06/05/2025 06/05/25 | For Sale | $239,900 | 0.0% | $143 / Sq Ft |
| 05/27/2025 05/27/25 | Pending | -- | -- | -- |
| 04/24/2025 04/24/25 | For Sale | $239,900 | -- | $143 / 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 | $2,314 | $166,100 | $32,400 | $133,700 |
| 2024 | $2,314 | $159,600 | $25,900 | $133,700 |
| 2023 | $2,230 | $137,800 | $16,300 | $121,500 |
| 2022 | $1,876 | $131,700 | $12,600 | $119,100 |
| 2021 | $1,530 | $125,400 | $12,000 | $113,400 |
| 2020 | $1,738 | $123,200 | $12,000 | $111,200 |
| 2019 | $1,711 | $121,000 | $9,800 | $111,200 |
| 2018 | $1,685 | $118,800 | $9,800 | $109,000 |
| 2017 | $1,493 | $118,800 | $9,800 | $109,000 |
| 2016 | $1,556 | $124,000 | $9,800 | $114,200 |
| 2015 | $1,352 | $124,000 | $9,800 | $114,200 |
| 2014 | $1,352 | $124,000 | $9,900 | $114,100 |
Source: Public Records
Agents Affiliated with this Home
-
Glenda McDaniel
-
Steven McDaniel
Seller Co-Listing Agent in 2025
Steven McDaniel
LONG & FOSTER - SMITH MTN LAKE
(540) 797-5498
1 in this area
116 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 916581
APN: 429-0111
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