$449,500
SOLD MAR 7, 2012
-- Bed
-- Bath
10,254 Sq Ft
0.5 Acres

Recently Sold

$44 Per Sq Ft

625 Days on Market

Highlights

  • 0.5 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of March 2024

On-site laundry. Maintenance free exterior. Many recent improvements includes new roofs. This is a two building complex with 6 units in each building. Seller will consider primary or secondary financing.

Last Agent to Sell the Property

Stuart Meredith, CCIM, SIOR

EDWIN C HALL ASSOCIATES INC License #0225043380 Listed on: 05/18/2010

Last Buyer's Agent

Dana Walker

EDWIN C HALL ASSOCIATES INC License #0225166943

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,740

Year Built

  • Built in 1972

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 180 x 120

Parking

  • 16 Parking Spaces

Home Design

  • 10,254 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation

Schools

  • Lincoln Terrace Elementary School
  • Lucy Addison Middle School
  • William Fleming High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heating
  • Legal Lot and Block 7-9 / 1

Community Details

Overview

  • No Home Owners Association
  • 12 Units
  • Avendale Subdivision

Building Details

  • 12 Leased Units
  • Electric Expense $2,054
  • Insurance Expense $1,268
  • Maintenance Expense $8,450
  • Manager Expense $1,830
  • Other Expense $5,022
  • Water Sewer Expense $7,354
  • New Taxes Expense $3,740
  • Operating Expense $30,032
  • Gross Income $61,380
  • Net Operating Income $31,348

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,740

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Heating System: Forced Air Electric
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: Central Cooling
  • ExpensesManagementExp: 1830.00
  • ExpensesOtherExp: 5022.00
  • ExpensesTaxExp: 3740.00
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 12.00
  • NumberUnfurnished: 12.00
  • NumberVehicleSpaces: 16.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2012-02-02
  • TotalAnnualExpen: 30032.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (10 or More)

Utilities

  • Sewer Description: Public Sewer
  • Expenses Water Exp: 7354.00
  • Water Description: Public Water

Schools

  • Elementary School: Lincoln Terrace
  • Middle School: Lucy Addison
  • High School: William Fleming

Lot Info

  • Lot Dimensions: 180 x 120
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.50
  • Lot: 7-9

Building Info

  • Year Built: 1972

Tax Info

  • Taxes (6 mo): 3740.00
  • FILLTAXID: 3090921

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Air Conditioning, Electricity, Heating
  • Units In Building: 12.00
  • Multi Family Type: Apartments

MLS Schools

  • Elementary School: Lincoln Terrace
  • HighSchool: William Fleming
  • Middle School: Lucy Addison

Range of Values:

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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
03/22/2024 03/22/24 Sold $950,000 -2.6% $93 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $975,000 +116.9% $95 / Sq Ft
03/07/2012 03/07/12 Sold $449,500 0.0% $44 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
05/18/2010 05/18/10 For Sale $449,500 -- $44 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 758533

Roanoke Valley Association of REALTORS®

APN: 309-0921