NOT LISTED FOR SALE

111 Franklin Rd SE Roanoke, VA 24011

Downtown Roanoke Neighborhood

Estimated Value: $12,600,071

-- Bed
-- Bath
154,779 Sq Ft
$81/Sq Ft Est. Value

About This Home

This home is located at 111 Franklin Rd SE, Roanoke, VA 24011 and is currently estimated at $12,600,071, approximately $81 per square foot. 111 Franklin Rd SE is a home located in Roanoke City with nearby schools including Highland Park Elementary School, James Madison Middle School, and William Fleming High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2019
Sold by
Franklin Plaza Tei Equities Llc
Bought by
Franklin Plaza Equities Llc
Current Estimated Value
$12,600,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,250,000
Outstanding Balance
$4,319,318
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2017
Sold by
Cfgi Franklin Llc L
Bought by
Franklin Plaza Tei Equites Llc

Purchase Details

Closed on
Apr 20, 2012
Sold by
Cohan David N
Bought by
Crown Roanoke Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Franklin Plaza Equites Llc -- First American Title Ins Co
Franklin Plaza Tei Equites Llc $6,350,000 None Available
Crown Roanoke Llc $11,600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Plaza Equites Llc $8,250,000
Closed Franklin Plaza Equites Llc $8,250,000
Source: Public Records

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 $157,092 $12,876,400 $2,342,600 $10,533,800
2023 $171,653 $12,663,400 $2,129,600 $10,533,800
2022 $168,467 $12,663,400 $2,129,600 $10,533,800
2021 $168,280 $12,663,400 $2,129,600 $10,533,800
2020 $168,280 $12,663,400 $2,129,600 $10,533,800
2019 $164,372 $12,367,300 $1,989,200 $10,378,100
2018 $99,502 $7,452,100 $1,937,400 $5,514,700
2017 $99,502 $7,452,100 $1,937,400 $5,514,700
2016 $99,502 $7,452,100 $1,851,300 $5,600,800
2015 $163,684 $9,560,600 $1,851,300 $7,709,300
2014 $163,684 $0 $1,851,300 $9,792,400
Source: Public Records

Map

Virginia Roanoke City County Roanoke 24011 Downtown Roanoke

111 Franklin Rd SE, Roanoke, VA

This home is located at 111 Franklin Rd SE, Roanoke, VA 24011 and is currently estimated at $12,600,071, approximately $81 per square foot. 111 Franklin Rd SE is a home located in Roanoke City with nearby schools including Highland Park Elementary School, James Madison Middle School, and William Fleming High School.

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