NOT LISTED FOR SALE

1101 Summit Ln NW Roanoke, VA 24017

Edgewood-Summit Hills Neighborhood

Estimated Value: $213,000 - $233,000

3 Beds
1.5 Baths
1,500 Sq Ft
$151/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $167,000 $111 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,429/month

4 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Garden
  • No HOA
  • Patio
  • Central Air

About This Home

As of March 2022

This Cute Brick Rancher won't last! Corner lot! Located in West Summit Hills this 3 bedroom, 1.5 Bath w/ FULL walk out basement (possible 4th Bedroom) and wood burning fireplace Could be your home. This home needs a little TLC, BUT all the big major stuff is done. ALL completed in the last 1-4 years to include; the roof, windows, hvac, gas furnace, hot water heater, 200 amp panel box, refinished floors, and kitchen. Washer and dryer are located in the basement. Full fenced in back yard, Paved driveway with room for 2/3 cars. Nice concrete patio off the back door, perfect for summer nights sitting and enjoying the evening. Nice large front and back yard. WELCOME HOME! This home is sold AS IS. Inspections are welcome, but for the buyers information only.

Last Agent to Sell the Property

Corbin Prydwen

WAINWRIGHT & CO., REALTORS(r) License #0225208184 Listed on: 12/03/2021

WAINWRIGHT & CO., REALTORS(r)

Last Buyer's Agent

Andre Palmer

PALMER REALTY GROUP LLC License #0225207973

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,475

Year Built

  • Built in 1959

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90x125
  • Fenced Yard
  • Level Lot
  • Garden

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • Assigned Parking

Outdoor Features

  • Patio

Schools

  • Fairview Elementary School
  • Woodrow Wilson Middle School
  • William Fleming High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 9 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,475

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Interior Features: Masonry Fireplace
  • Heating System: Heat Pump Gas
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Fenced Yard, Garden Space, Patio, Paved Driveway
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1000.00
  • ExteriorDoors: Fiberglass, Wood
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1500
  • HalfBathsHalfBathsLowerLvl: 1
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 500.00
  • Major Area: 01 - City of Roanoke
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2021-12-07
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: West summit hills
  • Total Above Grd Fin S Q F T: 1000
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1500.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Designated Spaces
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Schools

  • Elementary School: Fairview
  • Middle School: Woodrow Wilson
  • High School: William Fleming

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 90x125
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.25
  • Lot: 9

Building Info

  • Year Built: 1959

Tax Info

  • Taxes (6 mo): 1474.70
  • FILLTAXID: 6071009

MLS Schools

  • Elementary School: Fairview
  • HighSchool: William Fleming
  • Middle School: Woodrow Wilson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Feb 9, 2022
Sold by
Lee Jr William E
Bought by
Bush Danielle M and Vines Rodney L
Seller's Agent
Corbin Prydwen
WAINWRIGHT & CO., REALTORS(r)
Buyer's Agent
Andre Palmer
PALMER REALTY GROUP LLC
List Price
$149,999
Sold Price
$167,000
Premium/Discount to List
$17,001
11.33%
Current Estimated Value
$226,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,877
Avg. Annual Appreciation
7.04%
Original Mortgage
$163,975
Outstanding Balance
$153,703
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$58,056

Purchase Details

Closed on
Jun 3, 2020
Sold by
Maxwell William C and Lee William E
Bought by
Lee William E

Purchase Details

Closed on
Apr 10, 2017
Sold by
William E Jr Lee
Bought by
Sanders William Edward Sr Lee and Sanders Vickie Lee Conservator
Source: Public Records

Range of Values:

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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
Bush Danielle M $167,000 Wfg National Title
Bush Danielle M $167,000 Wfg National Title
Lee William E -- None Available
Sanders William Edward Sr Lee $26,918 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bush Danielle M $163,975
Closed Bush Danielle M $163,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $167,000 +11.3% $111 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $149,999 -- $100 / 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 $2,357 $177,600 $30,500 $147,100
2023 $2,357 $147,600 $26,800 $120,800
2022 $1,644 $120,600 $23,300 $97,300
2021 $1,475 $107,500 $19,000 $88,500
2020 $1,420 $104,100 $19,000 $85,100
2019 $1,331 $96,800 $19,000 $77,800
2018 $1,215 $87,300 $19,000 $68,300
2017 $1,101 $85,800 $19,000 $66,800
2016 $1,137 $88,800 $19,000 $69,800
2015 $1,095 $88,800 $19,000 $69,800
2014 $1,095 $89,700 $19,000 $70,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Corbin Prydwen

    WAINWRIGHT & CO., REALTORS(r)

    (540) 717-5976

    1 in this area

    5 Total Sales

    Corbin Prydwen
    Section Image
  • Andre Palmer

    Buyer's Agent in 2022

    Andre Palmer

    PALMER REALTY GROUP LLC

    (540) 793-0095

    2 in this area

    77 Total Sales

    Andre Palmer
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 885660

Roanoke Valley Association of REALTORS®

APN: 607-1009

Virginia Roanoke City County Roanoke 24017 Edgewood-Summit Hills

1101 Summit Ln NW, Roanoke, VA

This home is located at 1101 Summit Ln NW, Roanoke, VA 24017 since 03 December 2021 and is currently estimated at $226,877, approximately $151 per square foot. This property was built in 1959. 1101 Summit Ln NW is a home located in Roanoke City with nearby schools including Fairview Elementary School, Woodrow Wilson Middle School, and William Fleming 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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