NOT LISTED FOR SALE

1117 Summit Ln NW Roanoke, VA 24017

Edgewood-Summit Hills Neighborhood

Estimated Value: $208,000 - $240,000

4 Beds
2 Baths
1,900 Sq Ft
$118/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $167,500 $88 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,358/month

2 Days on Market

Highlights

  • Ranch Style House
  • Breakfast Area or Nook
  • Gentle Sloping Lot
  • No HOA
  • Shed

About This Home

As of July 2021

Well-Maintained home, Newer Roof, Double Paned Windows Tilt-in, Hardwood Floors, 3 Bedrooms on entry level. One Bedroom suite in Basement. Full Walkout Basement, Paved Driveway.

Last Agent to Sell the Property

Chris Jones

MKB, REALTORS(r) License #0225250512 Listed on: 05/05/2021

MKB, REALTORS(r)

Co-Listed By

Mary Beth Nelson

MKB, REALTORS(r) License #0225252038

Last Buyer's Agent

Chris Jones

MKB, REALTORS(r) License #0225250512 Listed on: 05/05/2021

MKB, REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $765

Year Built

  • Built in 1961

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x131
  • Gentle Sloping Lot
  • Property is zoned R-7

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

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

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Laundry on main level
  • Shed

Community Details

  • No Home Owners Association
  • Summit Hills Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$765

Year Built

Built in 1961

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Interior Features: Alarm, Breakfast Area
  • Heating System: Heat Pump Gas
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Range Electric, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Paved Driveway, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1050.00
  • ExteriorDoors: Metal
  • FullBathsFullBathsLowerLvl: 1
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 850.00
  • Major Area: 01 - City of Roanoke
  • MasterBedroomsMasterBRLowerLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Attached
  • Style Of House: Ranch
  • SubagentAuthorized: Yes
  • Total Above Grd Fin S Q F T: 1050
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1900.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • Water Htr Energy: Electric
  • 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

Lot Info

  • Lot Description: Gentle Slope
  • Lot Dimensions: 75x131
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.23
  • Lot: 5
  • ZoningCode: R-7

Building Info

  • Year Built: 1961

Tax Info

  • Taxes (6 mo): 765.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 18, 2021
Sold by
Leftwich Joyce D
Bought by
Riles Tenita M
Seller's Agent
Chris Jones
MKB, REALTORS(r)
Buyer's Agent
Chris Jones
MKB, REALTORS(r)
List Price
$159,500
Sold Price
$167,500
Premium/Discount to List
$8,000
5.02%
Current Estimated Value
$223,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,762
Avg. Annual Appreciation
6.37%
Original Mortgage
$162,475
Outstanding Balance
$145,639
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$77,623
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Riles Tenita M $167,500 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riles Tenita M $162,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $167,500 +5.0% $88 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $159,500 -- $84 / 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 $2,212 $181,300 $33,500 $147,800
2025 $2,425 $181,300 $33,500 $147,800
2024 $2,425 $173,500 $30,500 $143,000
2023 $2,323 $156,000 $26,800 $129,200
2022 $1,739 $127,400 $23,300 $104,100
2021 $1,166 $114,100 $19,000 $95,100
2020 $765 $110,400 $19,000 $91,400
2019 $765 $100,600 $19,000 $81,600
2018 $301 $90,700 $19,000 $71,700
2017 $694 $89,100 $19,000 $70,100
2016 $694 $92,500 $19,000 $73,500
2015 $640 $92,500 $19,000 $73,500
2014 $640 $93,500 $19,000 $74,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Chris Jones

    MKB, REALTORS(r)

    (540) 521-3138

    1 in this area

    5 Total Sales

    Chris Jones
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Mary Beth Nelson

    MKB, REALTORS(r)

    (540) 915-7333

    1 in this area

    4 Total Sales

    Mary Beth Nelson
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 879497

Roanoke Valley Association of REALTORS®

APN: 607-1005

Virginia Roanoke City County Roanoke 24017 Edgewood-Summit Hills

1117 Summit Ln NW, Roanoke, VA

Not Listed for Sale

Detached

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