R
Seller's Agent in 2024
Rob Jessee
REALSTAR, REALTORS(r) LLC
(540) 293-8040
1 in this area
30 Total Sales
116 Patton Ave NW Unit A & APT B Roanoke, VA 24016
Gainsboro Neighborhood
--
Bed
--
Bath
1,580
Sq Ft
3,049
Sq Ft Lot
About This Home
As of June 2024Welcome to your new home with breathtaking views of the Roanoke Skyline! This charming duplex offers the perfect opportunity for investors or those seeking rental income. The first unit boasts three spacious bedrooms and one bath, fully remodeled to modern standards, and currently occupied. Meanwhile, the second unit, featuring two bedrooms and one bath, is undergoing renovations to ensure it meets the same high standards. Positioned conveniently close to downtown and the bus line, this property promises easy access to urban amenities while maintaining a serene atmosphere. With its potential for excellent cash flow and the allure of city vistas, this duplex presents an enticing investment opportunity. Don't miss out on the chance to make this your next successful venture in real estate!
Last Agent to Sell the Property
REALSTAR, REALTORS(r) LLC License #0225219859 Listed on: 04/03/2024
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $1,680
Year Built
- Built in 1900
Lot Details
- 3,049 Sq Ft Lot
Interior Spaces
- 1,580 Sq Ft Home
- City Views
- Crawl Space
Schools
- Highland Park Elementary School
- James Madison Middle School
- Patrick Henry High School
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Water Heater
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 6 / 2
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 1 Leased Unit
- Manager Expense $1,320
- New Taxes Expense $1,685
- Gross Income $1,100
- Net Operating Income $1,100
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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 | Prior Sale |
|---|---|---|---|---|---|
| 06/07/2024 06/07/24 | Sold | $160,000 | 0.0% | $101 / Sq Ft | |
| 04/09/2024 04/09/24 | Pending | -- | -- | -- | |
| 04/03/2024 04/03/24 | For Sale | $160,000 | +527.5% | $101 / Sq Ft | |
| 06/09/2016 06/09/16 | Sold | $25,500 | +2.0% | $16 / Sq Ft | View Prior Sale |
| 05/31/2016 05/31/16 | Pending | -- | -- | -- | |
| 05/27/2016 05/27/16 | For Sale | $25,000 | -- | $16 / 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 | $1,619 | $132,700 | $13,700 | $119,000 |
| 2025 | $1,872 | $132,700 | $13,700 | $119,000 |
| 2024 | $1,872 | $70,800 | $9,800 | $61,000 |
| 2023 | $676 | $55,400 | $6,600 | $48,800 |
| 2022 | $868 | $51,200 | $4,700 | $46,500 |
| 2021 | $772 | $43,600 | $3,500 | $40,100 |
| 2020 | $731 | $42,400 | $3,500 | $38,900 |
| 2019 | $708 | $40,500 | $3,500 | $37,000 |
| 2018 | $694 | $39,400 | $3,500 | $35,900 |
| 2017 | $422 | $32,800 | $3,500 | $29,300 |
| 2016 | $466 | $36,400 | $3,500 | $32,900 |
| 2015 | $680 | $45,500 | $3,500 | $42,000 |
| 2014 | $680 | $50,500 | $3,500 | $47,000 |
Source: Public Records
Agents Affiliated with this Home
-
Rob Jessee
-
Leslie Epperly
Buyer's Agent in 2024
Leslie Epperly
REAL BROKER LLC - MCLEAN
(540) 314-3706
1 in this area
71 Total Sales
-
Neal Wall
Seller's Agent in 2016
Neal Wall
JMAX PROPERTY MANAGEMENT LLC
(540) 309-3924
22 Total Sales
-
Andre Palmer
Buyer's Agent in 2016
Andre Palmer
PALMER REALTY GROUP LLC
(540) 793-0095
80 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 906325
APN: 201-1708
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.
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