NOT LISTED FOR SALE

1137 Penmar Ave SE Roanoke, VA 24013

Morningside Neighborhood
3 Beds
2 Baths
1,456 Sq Ft
4,356 Sq Ft Lot

Last Sold July 31, 2013

Last sale price $60,000 $41 Per Sq Ft

85 Days on Market

Highlights

  • City View
  • Forced Air Heating System
  • 4-minute walk to Belmont Park
  • No HOA

About This Home

As of July 2013

Great investment or affordable living opportunity located on a quiet street next to Jackson Park. Freshly painted interiors, hardwood floors, and a newly renovated bathroom are just a few of the recent updates. Low-maintenance vinyl exterior and metered utilities give easy cash flow potential.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $810

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40 x 120

Parking

  • 2 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,456 Sq Ft Home
  • City Views
  • Partial Basement

Schools

  • Morningside Elementary School
  • Patrick Henry High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 12 / 2

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Morningside Subdivision

Building Details

  • 2 Leased Units
  • Insurance Expense $384
  • Maintenance Expense $900
  • Water Sewer Expense $800
  • New Taxes Expense $810
  • Operating Expense $2,850
  • Gross Income $9,000
  • Net Operating Income $6,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$810

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Multi-Family
  • Has Basement: Partial Basement
  • Cooling System: Window A/C
  • Views: City
  • ExpensesTaxExp: 810.00
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • NumberVehicleSpaces: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2013-06-18
  • TotalAnnualExpen: 2850.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Public Sewer
  • Expenses Water Exp: 800.00
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Current Lease

Schools

  • Elementary School: Morningside
  • High School: Patrick Henry

Lot Info

  • Lot Dimensions: 40 x 120
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.10
  • Lot: 12
  • Present Use: Converted
  • ZoningCode: RM-1

Building Info

  • Year Built: 1925

Tax Info

  • Taxes (6 mo): 810.00
  • FILLTAXID: 4140712

Multi Family

  • Tenant Pays: Electricity, Gas
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Morningside
  • HighSchool: Patrick Henry

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

Property History

Date Event Price Change Sq Ft Price
07/31/2013 07/31/13 Sold $60,000 -13.0% $41 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $69,000 +45.3% $47 / Sq Ft
08/15/2012 08/15/12 Sold $47,500 -4.8% $33 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $49,900 -- $34 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 790810

Roanoke Valley Association of REALTORS®

APN: 414-0712

Virginia Roanoke City County Roanoke 24013 Morningside

1137 Penmar Ave SE, Roanoke, VA

This home is located at 1137 Penmar Ave SE, Roanoke, VA 24013 since 25 March 2013. This property was built in 1925. 1137 Penmar Ave SE is a home located in Roanoke City with nearby schools including Morningside Elementary School, John P Fishwick Middle School, and Patrick Henry 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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