NOT LISTED FOR SALE

1240 Summit Ln NW Roanoke, VA 24017

Edgewood-Summit Hills Neighborhood

Estimated Value: $210,000 - $232,867

3 Beds
2 Baths
1,144 Sq Ft
$193/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $184,950 $162 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,364/month

5 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • No HOA
  • Deck
  • Cathedral Ceiling
  • Fenced Yard

About This Home

As of September 2022

Immaculately cared for 3 bed 2 ba Ranch in an established neighborhood on a level fenced lot! This gem is conveniently located to take advantage of local amenities and is only minutes from the highway. Original owners have meticulously maintained this property and it will not disappoint!

Last Agent to Sell the Property

Chasity Marie Labiosa

MKB, REALTORS(r) - NEW CASTLE License #0225186520 Listed on: 08/05/2022

MKB, REALTORS(r) - NEW CASTLE

Co-Listed By

Amy McDaniel

MKB, REALTORS(r) License #0225248418

Last Buyer's Agent

Jack Frye

YOUNG REALTY COMPANY License #0225107868

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,523

Year Built

  • Built in 2001

Lot Details

  • Lot Dimensions are 75 x 100
  • Fenced Yard
  • Level Lot
  • Garden

Parking

  • Assigned Parking

Home Design

  • Ranch Style House

Interior Spaces

  • 1,144 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Insulated Doors
  • Storage
  • Laundry on main level
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed
  • Rear Porch

Schools

  • Fairview Elementary School
  • Lucy Addison Middle School
  • William Fleming High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 34B

Community Details

Overview

  • No Home Owners Association

Amenities

  • Restaurant
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,523

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Cathedral Ceiling, Ceiling Fan, Storage
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Dishwasher, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Deck, Fenced Yard, Garden Space, Storage Shed
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1144.00
  • ExteriorDoors: Insulated, Sliding
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1144
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Cox
  • LaundryLaundryEntryLevel: 1
  • Major Area: 01 - City of Roanoke
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2022-08-10
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1144
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1144.00
  • Uncovered Parking: Designated Spaces
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Rear Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Maint-Free Exterior

Schools

  • Elementary School: Fairview
  • Middle School: Lucy Addison
  • High School: William Fleming

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 75 x 100
  • Property Group Id: 19990816212109142258000000
  • Lot: 34B

Building Info

  • Year Built: 2001

Tax Info

  • Taxes (6 mo): 1523.00
  • FILLTAXID: 6090499

MLS Schools

  • Elementary School: Fairview
  • HighSchool: William Fleming
  • Middle School: Lucy Addison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Aug 30, 2022
Sold by
Romero Levy and Brunal Nubia
Bought by
Mccrady John M
Seller's Agent
Chasity Marie Labiosa
MKB, REALTORS(r) - NEW CASTLE
Buyer's Agent
Jack Frye
YOUNG REALTY COMPANY
List Price
$184,950
Sold Price
$184,950
Current Estimated Value
$220,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,017
Avg. Annual Appreciation
5.95%
Original Mortgage
$110,700
Outstanding Balance
$105,658
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$115,309

Purchase Details

Closed on
Feb 21, 2013
Sold by
Romero Levy
Bought by
Romero Levy and Brunal Nubia

Purchase Details

Closed on
May 19, 2009
Sold by
Romero Levy
Bought by
Romero Levy

Purchase Details

Closed on
Oct 11, 2005
Sold by
Clifton Elwyn M and Clifton Norma H
Bought by
Williams Phyllis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
5.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Mccrady John M $184,950 Fidelity National Title
Romero Levy -- None Available
Romero Levy -- None Available
Williams Phyllis M $115,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccrady John M $110,700
Previous Owner Williams Phyllis M $83,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $184,950 0.0% $162 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $184,950 -- $162 / 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 $2,454 $186,500 $27,200 $159,300
2024 $2,454 $182,000 $24,200 $157,800
2023 $2,394 $173,400 $21,100 $152,300
2022 $1,277 $146,800 $17,900 $128,900
2021 $1,270 $124,900 $14,900 $110,000
2020 $1,270 $109,500 $14,900 $94,600
2019 $1,270 $105,700 $14,900 $90,800
2018 $1,270 $100,700 $14,900 $85,800
2017 $1,210 $95,600 $14,900 $80,700
2016 $1,234 $97,600 $14,900 $82,700
2015 $1,220 $101,500 $14,900 $86,600
2014 $1,220 $0 $14,900 $87,600
Source: Public Records

Agents Affiliated with this Home

  • Chasity Marie Labiosa

    Seller's Agent in 2022

    Chasity Marie Labiosa

    MKB, REALTORS(r) - NEW CASTLE

    (540) 864-5091

    1 in this area

    71 Total Sales

    Chasity Marie Labiosa
    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Amy McDaniel

    MKB, REALTORS(r)

    (720) 878-8019

    1 in this area

    50 Total Sales

    Amy McDaniel
    Section Image
  • Jack Frye

    Buyer's Agent in 2022

    Jack Frye

    YOUNG REALTY COMPANY

    (540) 580-7484

    1 in this area

    115 Total Sales

    Jack Frye
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 891965

Roanoke Valley Association of REALTORS®

APN: 609-0499

Virginia Roanoke City County Roanoke 24017 Edgewood-Summit Hills

1240 Summit Ln NW, Roanoke, VA

This home is located at 1240 Summit Ln NW, Roanoke, VA 24017 since 05 August 2022 and is currently estimated at $220,967, approximately $193 per square foot. This property was built in 2001. 1240 Summit Ln NW is a home located in Roanoke City with nearby schools including Fairview Elementary School, Woodrow Wilson Middle School, and William Fleming 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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