NOT LISTED FOR SALE

1313 Memphis St SE Unit 1311,1317,1319 Roanoke, VA 24013

Morningside Neighborhood
-- Bed
-- Bath
2,156 Sq Ft
6,970 Sq Ft Lot

Last Sold September 01, 2020

Last sale price $345,000 $160 Per Sq Ft

4 Days on Market

Highlights

  • Mountain View
  • Breakfast Area or Nook
  • Central Air
  • No HOA

About This Home

As of September 2020

2 duplexes. Each unit is a 3 BR/1.5 BA with the upgrades listed below. All units have been fully rehabbed between 2017 and 2019. Both building exteriors are maintenance free. All units have washers and dryers and are wired for dishwashers. These buildings are top notch and virtually maintenance free. 3/4 units occupied, currently 1313 is vacant and being marketed for $795.00 per month. Electric and gas are separately metered for each unit. Owner pays water and sewer. Upgrades on both buildings and in all units:Soundproofing between floors, New roofs, New vinyl siding, New vinyl double pane windows, New decks (except for 1311), New gas furnaces, New central air, New water heaters, All new plumbing and electric, New flooring in each unit, HVAC serviced twice a y

Last Agent to Sell the Property

Rob Lawson

LAWSON REALTY GROUP LLC License #0225199764 Listed on: 06/29/2020

Last Buyer's Agent

Jennifer Porter

EMBOLDEN REALTY GROUP License #0225243694

EMBOLDEN REALTY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,576

Year Built

  • Built in 1985

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 68x118

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 2,156 Sq Ft Home
  • Mountain Views
  • Breakfast Area or Nook

Parking

  • 8 Parking Spaces
  • Unpaved Parking

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 16A & 17A / 1

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Circle Terrace Subdivision

Building Details

  • 3 Leased Units
  • Insurance Expense $994
  • Maintenance Expense $1,679
  • Water Sewer Expense $1,567
  • New Taxes Expense $3,576
  • Operating Expense $8,696
  • Gross Income $33,207
  • Net Operating Income $24,511

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,576

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area
  • Heating System: Gas - Natural
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: Central Cooling
  • Views: Mountain
  • ExpensesTaxExp: 3576.00
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 3.00
  • NumberUnfurnished: 4.00
  • NumberVehicleSpaces: 8.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2020-07-03
  • TotalAnnualExpen: 8696.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Unpaved

Utilities

  • Sewer Description: Public Sewer
  • Expenses Water Exp: 1567.00
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Maint-Free Exterior

Schools

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

Lot Info

  • Lot Dimensions: 68x118
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.16
  • Lot: 16A & 17A
  • Present Use: Built-As

Building Info

  • Year Built: 1985

Tax Info

  • Taxes (6 mo): 3576.00
  • FILLTAXID: 4141304 and 4141305

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Electricity, Gas
  • Units In Building: 4.00
  • Multi Family Type: Duplex

MLS Schools

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

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
09/01/2020 09/01/20 Sold $345,000 -1.4% $160 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $350,000 -- $162 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rob Lawson

    LAWSON REALTY GROUP LLC

    (540) 400-8745

    3 in this area

    26 Total Sales

    Rob Lawson
    Section Image

  • J

    Buyer's Agent in 2020

    Jennifer Porter

    EMBOLDEN REALTY GROUP

    (540) 397-5259

    9 in this area

    129 Total Sales

    Jennifer Porter
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 870801

Roanoke Valley Association of REALTORS®

APN: 414-1304

Virginia Roanoke City County Roanoke 24013 Morningside

1313 Memphis St SE Unit 1311,1317,1319, Roanoke, VA

This home is located at 1313 Memphis St SE Unit 1311,1317,1319, Roanoke, VA 24013 since 29 June 2020. This property was built in 1985. 1313 Memphis St SE Unit 1311,1317,1319 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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