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
  • 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

Lot Info

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

Building Info

  • Year Built: 1920

Tax Info

  • Taxes (6 mo): 1152.00

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
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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 List to Sale Price per Sq Ft
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

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
2025 $2,416 $163,400 $18,200 $145,200
2024 $2,416 $157,800 $18,200 $139,600
2023 $1,620 $132,800 $16,500 $116,300
2022 $1,897 $127,300 $16,500 $110,800
2021 $1,762 $117,700 $15,100 $102,600
2020 $1,378 $88,400 $15,100 $73,300
2019 $1,153 $69,000 $15,100 $53,900
2018 $1,104 $65,000 $15,100 $49,900
2017 $912 $65,000 $14,100 $50,900
2016 $912 $65,000 $14,100 $50,900
2015 $814 $65,000 $14,100 $50,900
2014 $814 $65,000 $14,100 $50,900
Source: Public Records

Agents Affiliated with this Home

  • Chris Martin

    Seller's Agent in 2020

    Chris Martin

    RE/MAX

    (540) 519-7018

    161 Total Sales

    Chris Martin
    Section Image
  • Kera Moore

    Buyer's Agent in 2020

    Kera Moore

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 793-6567

    100 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

Not Listed for Sale

MultiFamily

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