NOT LISTED FOR SALE

1227 Hanover Ave NW Roanoke, VA 24017

Melrose-Rugby Neighborhood

Estimated Value: $91,715 - $155,000

3 Beds
1 Bath
1,121 Sq Ft
$105/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $9,200 $8 Per Sq Ft

Est. 1,174% increase in value since last sale

Current estimated payment $673/month

36 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 5-minute walk to Melrose Park

About This Home

As of October 2016

1.75 story in convenient location ready for rehab. Interior features wood floors, partial basement and central heat. Exterior features alley access, front and rear porches.See attachment for PAS requirements and WFHM offer submittal information in MLS documents section.

Last Buyer's Agent

Tim Wright

REAL BROKER LLC - DGA-SALEM License #0225157765

Property Details

Home Type

  • Manufactured Home

Year Built

  • Built in 1925

Lot Details

  • 6,534 Sq Ft Lot

Interior Spaces

  • 1,121 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Roanoke Academy Of Math And Science Elementary School
  • Lucy Addison Middle School
  • Patrick Henry High School

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Melrose Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / 18

Property Details

Home Type

Manufactured Home

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Cooling System: No Cooling System
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBRUpperLevel: 3
  • EntryAboveGrdFin Sq Ft: 641.00
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 1121
  • LaundryLaundryLowerLevel: 1
  • Major Area: 01 - City of Roanoke
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2016-09-14
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubdivisionMap: Melrose
  • Total Above Grd Fin S Q F T: 1121
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1121.00
  • UpperAboveGrdFin Sq Ft: 480.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

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

Schools

  • Elementary School: Roanoke Academy of Math and Science
  • Middle School: Lucy Addison
  • High School: Patrick Henry

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.15
  • Lot: 10

Building Info

  • Year Built: 1925

Tax Info

  • Taxes (6 mo): 450.00
  • FILLTAXID: 2220610

MLS Schools

  • Elementary School: Roanoke Academy of Math and Science
  • HighSchool: Patrick Henry
  • Middle School: Lucy Addison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2016
Closed on
Sep 26, 2016
Sold by
Hsbc Bank Usa Na
Bought by
Wright Timothy
Buyer's Agent
Tim Wright
REAL BROKER LLC - DGA-SALEM
List Price
$9,000
Sold Price
$9,200
Premium/Discount to List
$200
2.22%
Current Estimated Value
$117,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,979
Avg. Annual Appreciation
33.05%

Purchase Details

Closed on
Jul 21, 2016
Sold by
Sellers Charles
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Aug 31, 2005
Sold by
Commonwealth Acquisition Group Llc
Bought by
Sellers Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Wright Timothy $9,200 Amer1n Title & Settlement
Hsbc Bank Usa Na $100 None Available
Sellers Charles -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sellers Charles $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $9,200 +2.2% $8 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
08/09/2016 08/09/16 For Sale $9,000 -- $8 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $589 $32,600 $17,600 $15,000
2024 $589 $27,600 $12,600 $15,000
2023 $301 $24,700 $9,700 $15,000
2022 $432 $23,400 $8,400 $15,000
2021 $387 $20,100 $7,400 $12,700
2020 $374 $20,100 $7,400 $12,700
2019 $374 $20,100 $7,400 $12,700
2018 $382 $20,800 $7,400 $13,400
2017 $481 $36,800 $7,400 $29,400
2016 $481 $36,800 $7,400 $29,400
2015 $456 $36,800 $7,400 $29,400
2014 $456 $36,800 $7,400 $29,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Buyer's Agent in 2016

    Tim Wright

    REAL BROKER LLC - DGA-SALEM

    (540) 397-0377

    3 in this area

    32 Total Sales

    Tim Wright
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 829357

Roanoke Valley Association of REALTORS®

APN: 2220610

Virginia Roanoke City County Roanoke 24017 Melrose-Rugby

1227 Hanover Ave NW, Roanoke, VA

This home is located at 1227 Hanover Ave NW, Roanoke, VA 24017 since 09 August 2016 and is currently estimated at $117,179, approximately $104 per square foot. This property was built in 1925. 1227 Hanover Ave NW is a home located in Roanoke City with nearby schools including Roanoke Academy for Math & Science Elementary School, Lucy Addison 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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