NOT LISTED FOR SALE

1101 Mountain View Rd Unit 1103 Vinton, VA 24179

Estimated Value: $249,000 - $369,000

4 Beds
4 Baths
1,728 Sq Ft
$168/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $166,000 $96 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,794/month

3 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Ceiling Fan
  • William Byrd High School Rated A-
  • Central Air
  • High Speed Internet

About This Home

As of December 2019

Great Investment Opportunity. 100% occupied with a great rental history. Both units have carpet, central air, and electric heat pumps. All utilities are separately metered. All appliances pass with purchase. Though washers and dryers are property of the tenants. Both units have a full walk out basements that are partially finished.

Co-Listed By

Rob Lawson

LAWSON REALTY GROUP LLC License #0225199764

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,604

Year Built

  • Built in 1974

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 86'x105.53'x7.25'x100'x54.09'

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,728 Sq Ft Home
  • Ceiling Fan
  • Mountain Views

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Herman L. Horn Elementary School
  • William Byrd Middle School
  • William Byrd High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, sewer, water
  • Legal Lot and Block 34 / 1

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Halliahurst Park Subdivision

Building Details

  • 2 Leased Units
  • Operating Expense $3,857
  • Gross Income $17,851
  • Net Operating Income $13,995

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,604

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Walkout - Full
  • Cooling System: Central Cooling
  • Views: Mountain
  • Internet Access: Cable, DSL
  • Major Area: 02 - Roanoke County
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • NumberVehicleSpaces: 4.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2019-11-22
  • SubdivisionMap: SW Portion
  • TotalAnnualExpen: 3856.62
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Community System
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Current Lease

Schools

  • Elementary School: Herman L. Horn
  • Middle School: William Byrd
  • High School: William Byrd

Lot Info

  • Lot Dimensions: 86'x105.53'x7.25'x100'x54.09'
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.18
  • Lot: 34
  • ZoningCode: Vinton-R1

Building Info

  • Year Built: 1974

Tax Info

  • Taxes (6 mo): 1604.12
  • FILLTAXID: 061.13-01-12.00-0000

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Electricity, Sewer, Water
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Herman L. Horn
  • HighSchool: William Byrd
  • Middle School: William Byrd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
Dec 20, 2019
Sold by
Dunnagan Rebekah Leigh and Kelly Rebekah Leigh
Bought by
Rexroad Ray Stevens and Rexroad Ray Steven
List Price
$169,950
Sold Price
$166,000
Premium/Discount to List
-$3,950
-2.32%
Current Estimated Value
$289,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,999
Avg. Annual Appreciation
8.71%
Original Mortgage
$55,000
Outstanding Balance
$49,009
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$213,816

Purchase Details

Closed on
Jul 19, 2011
Sold by
Shaffer Matthew Thomas James and Shaffer Julia Rebecca
Bought by
Kelly Rebekah Leigh
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Rexroad Ray Stevens $166,000 Virginia Title Center
Kelly Rebekah Leigh -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Rebekah Leigh $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $166,000 -2.3% $96 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
11/19/2019 11/19/19 For Sale $169,950 -- $98 / 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
2024 $2,147 $206,400 $51,300 $155,100
2023 $1,868 $176,200 $42,800 $133,400
2022 $1,754 $160,900 $36,100 $124,800
2021 $1,628 $149,400 $34,700 $114,700
2020 $1,497 $137,300 $30,400 $106,900
2019 $1,469 $134,800 $30,400 $104,400
2018 $1,453 $131,200 $30,400 $100,800
2017 $1,453 $133,300 $30,400 $102,900
2016 $1,453 $133,300 $30,400 $102,900
2015 $1,465 $134,400 $30,400 $104,000
2014 $1,437 $131,800 $30,400 $101,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller Co-Listing Agent in 2019

    Rob Lawson

    LAWSON REALTY GROUP LLC

    (540) 400-8745

    26 Total Sales

    Rob Lawson
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 865024

Roanoke Valley Association of REALTORS®

APN: 061.13-01-12

Virginia Roanoke County Vinton 24179

1101 Mountain View Rd Unit 1103, Vinton, VA

This home is located at 1101 Mountain View Rd Unit 1103, Vinton, VA 24179 since 19 November 2019 and is currently estimated at $289,999, approximately $167 per square foot. This property was built in 1974. 1101 Mountain View Rd Unit 1103 is a home located in Roanoke County with nearby schools including Herman L. Horn Elementary School, William Byrd Middle School, and William Byrd 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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