NOT LISTED FOR SALE

1229 Penmar Ave SE Roanoke, VA 24013

Morningside Neighborhood

Estimated Value: $128,000 - $188,000

3 Beds
2 Baths
1,505 Sq Ft
$101/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $42,800 $28 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $963/month

30 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 4-minute walk to Morningside Park
  • Forced Air Heating and Cooling System

About This Home

As of April 2020

''HUD HOME ARE SOLD AS IS,'' CASE # 541-809985. FHA FINANCING: IE (INSURED ESCROW), 203K ELIGIBLE. ALL OFFERS SUBMITTED www.HudHomestore.com PCR AND PROPERTY DISCLOSURE FORMS ARE ATTACHED IN DOCUMENTS. PROPERTY MANAGED BY www.olympusams.com. BUYER TO VERIFY ALL INFORMATION. GREAT INVESTMENT PROPERTY. HOME FEATURES 3 BEDROOMS, 2 BATHS, NICE HARDWOOD FLOORS, COVERED FRONT PORCH AND LEVEL LOT. HOME HAS ASBESTOS SIDING.

Last Agent to Sell the Property

Bonnie Hall

GRACIOUS LIVING REALTY License #0205054572 Listed on: 02/05/2020

Last Buyer's Agent

Bill Kern

MKB, REALTORS(r) License #0225074357

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $737

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Interior Spaces

  • 1,505 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Schools

  • Morningside Elementary School
  • John P. Fishwick Middle School
  • Patrick Henry High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 9 / 13

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$737

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: Full Basement
  • Cooling System: Central Cooling
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 728.00
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 1505
  • LaundryLaundryLowerLevel: 1
  • Major Area: 01 - City of Roanoke
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2020-03-06
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 1505
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1505.00
  • UpperAboveGrdFin Sq Ft: 777.00
  • Water Class: N/A
  • YardSign: Yes
  • 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: Morningside
  • Middle School: John P. Fishwick
  • High School: Patrick Henry

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.11
  • Lot: 9
  • Phase: 1

Building Info

  • Year Built: 1925

Tax Info

  • Taxes (6 mo): 737.00
  • FILLTAXID: 4131206

MLS Schools

  • Elementary School: Morningside
  • HighSchool: Patrick Henry
  • Middle School: John P. Fishwick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Apr 13, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Hall Howard
Seller's Agent
Bonnie Hall
GRACIOUS LIVING REALTY
Buyer's Agent
Bill Kern
MKB, REALTORS(r)
List Price
$45,000
Sold Price
$42,800
Premium/Discount to List
-$2,200
-4.89%
Current Estimated Value
$151,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,052
Avg. Annual Appreciation
26.29%

Purchase Details

Closed on
Nov 4, 2019
Sold by
Clemons Karen Annette and Virginia Housing Development A
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 11, 2008
Sold by
Clements Larry R
Bought by
Clemons Karen Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,207
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 1990
Sold by
Clements Ruth G
Bought by
Clements Larry R
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
Hall Howard $42,800 Acquisition Title
Secretary Of Housing & Urban Development $71,000 None Available
Clemons Karen Annette $80,650 Lawyers Title Ins Corp
Clements Larry R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Howard $80,000
Previous Owner Clemons Karen Annette $79,207
Previous Owner Clemons Karen Annette $4,032
Previous Owner Clements Ruth G $71,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2020 04/17/20 Sold $42,800 -4.9% $28 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $45,000 -- $30 / 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
2024 $1,645 $111,700 $20,500 $91,200
2023 $1,537 $92,000 $16,300 $75,700
2022 $1,242 $88,700 $14,100 $74,600
2021 $1,038 $72,600 $11,300 $61,300
2020 $963 $67,500 $11,300 $56,200
2019 $938 $65,500 $11,300 $54,200
2018 $910 $63,200 $11,300 $51,900
2017 $865 $67,400 $11,300 $56,100
2016 $865 $67,400 $11,300 $56,100
2015 $837 $67,400 $11,300 $56,100
2014 $837 $67,400 $11,300 $56,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Bonnie Hall

    GRACIOUS LIVING REALTY

    (540) 309-7565

    2 in this area

    99 Total Sales

    Bonnie Hall
    Section Image
  • Bill Kern

    Buyer's Agent in 2020

    Bill Kern

    MKB, REALTORS(r)

    (540) 312-4663

    79 Total Sales

    Bill Kern
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 866608

Roanoke Valley Association of REALTORS®

APN: 413-1206

Virginia Roanoke City County Roanoke 24013 Morningside

1229 Penmar Ave SE, Roanoke, VA

This home is located at 1229 Penmar Ave SE, Roanoke, VA 24013 since 05 February 2020 and is currently estimated at $151,852, approximately $100 per square foot. This property was built in 1925. 1229 Penmar Ave SE is a home located in Roanoke City with nearby schools including Morningside Elementary School, John P Fishwick 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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