Seller's Agent in 2024
Jennifer Wilcox
WAINWRIGHT & CO., REALTORS(r)
(540) 588-0462
1 in this area
19 Total Sales
1113 Penmar Ave SE Roanoke, VA 24013
Morningside Neighborhood
2
Beds
2
Baths
1,666
Sq Ft
4,792
Sq Ft Lot
Highlights
- No HOA
- Ceiling Fan
- 3-minute walk to Belmont Park
About This Home
As of April 2024This is a great investment opportunity for the Roanoke Valley. The duplex features two one bedroom one bath units one on entry level and one upper level. The property has a fenced-in back yard and faces Belmont Park. Valley Metro bus service has a pickup spot at end of street. Upstairs unit is currently rented on a one year lease for $700. Downstairs unit last rented for $675. The water and sewer bill are usually about $50 a month based on one tenant in each apartment. The downstairs unit has a new water heater, refrigerator, and gas range.
Last Agent to Sell the Property
WAINWRIGHT & CO., REALTORS(r) License #0225183584 Listed on: 08/31/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,174
Year Built
- Built in 1925
Lot Details
- 4,792 Sq Ft Lot
Home Design
- Duplex
Interior Spaces
- 1,666 Sq Ft Home
- Ceiling Fan
- Partial Basement
Parking
- 2 Parking Spaces
- On-Street Parking
Schools
- Morningside Elementary School
- John P. Fishwick Middle School
- Patrick Henry High School
Utilities
- No Cooling
- Heat Pump System
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 4 / 2
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- Operating Expense $2,377
- Gross Income $15,300
- Net Operating Income $12,923
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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 |
|---|---|---|---|---|
| 04/11/2024 04/11/24 | Sold | $130,000 | -16.1% | $78 / Sq Ft |
| 03/24/2024 03/24/24 | Pending | -- | -- | -- |
| 03/11/2024 03/11/24 | For Sale | $155,000 | 0.0% | $93 / Sq Ft |
| 02/23/2024 02/23/24 | Pending | -- | -- | -- |
| 01/09/2024 01/09/24 | Price Changed | $155,000 | -4.3% | $93 / Sq Ft |
| 01/02/2024 01/02/24 | Price Changed | $162,000 | -3.6% | $97 / Sq Ft |
| 10/27/2023 10/27/23 | Price Changed | $168,000 | -5.1% | $101 / Sq Ft |
| 08/31/2023 08/31/23 | For Sale | $177,000 | -- | $106 / 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 |
|---|---|---|---|---|
| 2026 | $1,370 | $112,300 | $25,700 | $86,600 |
| 2025 | $1,641 | $112,300 | $25,700 | $86,600 |
| 2024 | $1,641 | $107,100 | $20,500 | $86,600 |
| 2023 | $1,574 | $89,500 | $15,500 | $74,000 |
| 2022 | $1,288 | $84,600 | $14,100 | $70,500 |
| 2021 | $949 | $77,800 | $11,300 | $66,500 |
| 2020 | $1,174 | $77,800 | $11,300 | $66,500 |
| 2019 | $1,174 | $77,800 | $11,300 | $66,500 |
| 2018 | $1,174 | $77,800 | $11,300 | $66,500 |
| 2017 | $932 | $73,700 | $11,300 | $62,400 |
| 2016 | $932 | $73,700 | $11,300 | $62,400 |
| 2015 | $916 | $73,700 | $11,300 | $62,400 |
| 2014 | $916 | $73,700 | $11,300 | $62,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Wilcox
-
Adam Stephenson
Buyer's Agent in 2024
Adam Stephenson
RE/MAX
(540) 494-7169
5 in this area
225 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 901275
APN: 414-0704
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