NOT LISTED FOR SALE

1223 3rd St SW Roanoke, VA 24016

Old Southwest Neighborhood
6 Beds
4 Baths
2,890 Sq Ft
7,405 Sq Ft Lot

Last Sold May 04, 2018

Last sale price $222,500 $77 Per Sq Ft

12 Days on Market

About This Home

As of May 2018

One of the most elegant buildings in Old SW, this architectural gem is well maintained and boasts tons of charm with wrap around porch, stained glass windows, & gorgeous 1" oak hardwoods with original trim and woodwork intact. Ornate ceramic fireplaces & mantles, high ceilings & separate laundry facilities for each apartment are just a few of the many benefits offered. Located in the heart of Old SW between Franklin & Jefferson, the property's flexible MX zoning is suitable for residential, rental, live-work, office, & some retail uses. Currently used as a residential duplex, both large 2BR/1 BA units offer flexible floor plans with off street parking available. Tenants pay their own electricity & gas with separate forced air furnaces. Walk up attic for extra living space or storage.

Last Agent to Sell the Property

Jason Fountain

VRC PROPERTIES LLC License #0225077081 Listed on: 02/08/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,477

Year Built

  • Built in 1909

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Home Design

  • Duplex

Interior Spaces

  • 2,890 Sq Ft Home
  • Basement
  • Dirt Floor

Parking

  • 4 Parking Spaces
  • Off-Site Parking

Schools

  • Highland Park Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • Window Unit Cooling System
  • Radiator

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 11 / 10

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Old Southwest Subdivision

Building Details

  • 2 Leased Units
  • Operating Expense $4,461
  • Gross Income $17,820
  • Net Operating Income $13,359

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,477

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Heating System: Radiator Gas Heat
  • Type: Multi-Family
  • Has Basement: Dirt - Full
  • Cooling System: Window A/C
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • NumberVehicleSpaces: 4.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2018-02-20
  • TotalAnnualExpen: 4461.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Off Site

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Schools

  • Elementary School: Highland Park
  • Middle School: James Madison
  • High School: Patrick Henry

Lot Info

  • Lot Dimensions: 50 x 150
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.17
  • Lot: 11

Building Info

  • Year Built: 1909

Tax Info

  • Taxes (6 mo): 2477.00
  • FILLTAXID: 1023010

Multi Family

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

MLS Schools

  • Elementary School: Highland Park
  • HighSchool: Patrick Henry
  • Middle School: James Madison

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
05/04/2018 05/04/18 Sold $222,500 -7.3% $77 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $239,900 -- $83 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jason Fountain

    Seller's Agent in 2018

    Jason Fountain

    VRC PROPERTIES LLC

    (540) 354-6456

    3 in this area

    55 Total Sales

    Jason Fountain
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 844944

Roanoke Valley Association of REALTORS®

APN: 102-3010

Virginia Roanoke City County Roanoke 24016 Old Southwest

1223 3rd St SW, Roanoke, VA

This home is located at 1223 3rd St SW, Roanoke, VA 24016 since 08 February 2018. This property was built in 1909. 1223 3rd St SW is a home located in Roanoke City with nearby schools including Highland Park 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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