NOT LISTED FOR SALE

115 Elm Ave SW Roanoke, VA 24016

Old Southwest Neighborhood
-- Bed
-- Bath
9,942 Sq Ft
7,405 Sq Ft Lot

Last Sold July 16, 2021

Last sale price $1,100,000 $111 Per Sq Ft

3 Days on Market

Highlights

  • City View
  • Baseboard Heating
  • 4-minute walk to Elmwood Park
  • No HOA
  • Laundry Facilities

About This Home

As of July 2021

Great 13 unit building close to downtown and highland park. Fully rented with great rental history.

Last Agent to Sell the Property

Courtnee Bishop

MKB, REALTORS(r) License #0225249700 Listed on: 03/02/2021

MKB, REALTORS(r)

Last Buyer's Agent

Krista Vannoy

WALDVOGEL COMMERCIAL PROPERTIES License #0225060152

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,872

Year Built

  • Built in 1928

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 149

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 9,942 Sq Ft Home
  • City Views
  • Partial Basement

Schools

  • Highland Park Elementary School
  • James Madison Middle School
  • William Fleming High School

Utilities

  • Heat Pump System
  • Baseboard Heating
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 23 / 9

Community Details

Overview

  • No Home Owners Association
  • 13 Units

Amenities

  • Laundry Facilities

Building Details

  • 13 Leased Units
  • Electric Expense $2,260
  • Insurance Expense $2,000
  • Other Expense $2,500
  • Water Sewer Expense $3,650
  • New Taxes Expense $9,752
  • Operating Expense $21,500
  • Net Operating Income $78,500

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,872

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Heating System: Baseboard Electric, Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Partial Basement
  • Cooling System: Heat Pump Electric
  • Views: City
  • ExpensesGasExp: 1250.00
  • ExpensesOtherExp: 2500.00
  • ExpensesTaxExp: 9752.00
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Cox
  • Major Area: 01 - City of Roanoke
  • MiscellaneousInfoPublicTransport: Yes
  • NumberLeasedUnits: 13.00
  • NumberUnfurnished: 13.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2021-03-05
  • TotalAnnualExpen: 21500.00
  • Water Class: N/A
  • Water Heater Energy: Natural Gas
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: None

Utilities

  • Sewer Description: Public Sewer
  • Expenses Water Exp: 3650.00
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Laundry Facility

Schools

  • Elementary School: Highland Park
  • Middle School: James Madison
  • High School: William Fleming

Lot Info

  • Lot Dimensions: 50 x 149
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.17
  • Lot: 23
  • Present Use: Built-As
  • ZoningCode: D

Building Info

  • Year Built: 1928

Tax Info

  • Taxes (6 mo): 9872.00
  • FILLTAXID: 1020427

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Electricity
  • Units In Building: 13.00
  • Multi Family Type: Apartments

MLS Schools

  • Elementary School: Highland Park
  • HighSchool: William Fleming
  • Middle School: James Madison

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
07/16/2021 07/16/21 Sold $1,100,000 0.0% $111 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $1,100,000 -- $111 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Courtnee Bishop

    MKB, REALTORS(r)

    (540) 613-9312

    9 in this area

    134 Total Sales

    Section Image
  • Krista Vannoy

    Buyer's Agent in 2021

    Krista Vannoy

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 225-2490

    2 in this area

    22 Total Sales

    Section Image
  • Michael Waldvogel

    Buyer Co-Listing Agent in 2021

    Michael Waldvogel

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 342-0800

    2 in this area

    22 Total Sales

    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 877435

Roanoke Valley Association of REALTORS®

APN: 102-0427

Virginia Roanoke City County Roanoke 24016 Old Southwest

115 Elm Ave SW, Roanoke, VA

This home is located at 115 Elm Ave SW, Roanoke, VA 24016 since 02 March 2021. This property was built in 1928. 115 Elm Ave SW is a home located in Roanoke City with nearby schools including Highland Park Elementary School, James Madison 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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