NOT LISTED FOR SALE

1206 Patterson Ave SW Roanoke, VA 24016

Hurt Park Neighborhood
3 Beds
1 Bath
1,798 Sq Ft
6,534 Sq Ft Lot

Last Sold July 31, 2020

Last sale price $132,000 $73 Per Sq Ft

4 Days on Market

About This Home

As of July 2020

Updated and move-in ready brick duplex located in SW Roanoke City! Centrally located, tenants are close to shopping, restaurants and Grandin Village. Home has had many recent updates including windows, appliances, bathrooms, kitchens, and fresh paint. Ample amount of parking is available for tenants with the large back parking lot as well as street parking. The home offers plenty of rental potential for years to come and with neighboring properties being constantly restored, the sky is the limit for future property value.

Last Agent to Sell the Property

Chris Martin

RE/MAX ALL STARS License #0225233748 Listed on: 07/02/2020

RE/MAX ALL STARS

Last Buyer's Agent

Kera Moore

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225225422

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • 1,798 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Basement

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

Schools

  • Wasena Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 10 / 32

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Electric Expense $2,880
  • Insurance Expense $522
  • Maintenance Expense $1,200
  • Water Sewer Expense $624
  • New Taxes Expense $1,152
  • Operating Expense $7,818
  • Net Operating Income $10,181

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,152

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas, Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Walkout - Full
  • Cooling System: Central Cooling, Window A/C
  • ExpensesGasExp: 1440.00
  • ExpensesTaxExp: 1152.00
  • Major Area: 01 - City of Roanoke
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2020-07-06
  • SubdivisionMap: Rorer
  • TotalAnnualExpen: 7818.00
  • 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: 624.00
  • Water Description: Public Water
  • Water Heater Type: Tank

Schools

  • Elementary School: Wasena
  • Middle School: James Madison
  • High School: Patrick Henry

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.15
  • Lot: 10

Building Info

  • Year Built: 1920

Tax Info

  • Taxes (6 mo): 1152.00
  • FILLTAXID: 1213506

Multi Family

  • Tenant Pays: All Utilities
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Wasena
  • HighSchool: Patrick Henry
  • Middle School: James Madison

Range of Values:

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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
07/31/2020 07/31/20 Sold $132,000 -3.6% $73 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $137,000 -- $76 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chris Martin

    Seller's Agent in 2020

    Chris Martin

    RE/MAX

    (540) 519-7018

    173 Total Sales

    Chris Martin
    Section Image
  • Kera Moore

    Buyer's Agent in 2020

    Kera Moore

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 793-6567

    103 Total Sales

    Kera Moore
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 870910

Roanoke Valley Association of REALTORS®

APN: 121-3506

Virginia Roanoke City County Roanoke 24016 Hurt Park

1206 Patterson Ave SW, Roanoke, VA

This home is located at 1206 Patterson Ave SW, Roanoke, VA 24016 since 02 July 2020. This property was built in 1920. 1206 Patterson Ave SW is a home located in Roanoke City with nearby schools including Wasena Elementary School, James Madison 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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