NOT LISTED FOR SALE

1318 Moorman Ave NW Roanoke, VA 24017

Gilmer Neighborhood

Estimated Value: $128,000 - $195,000

3 Beds
1 Bath
1,078 Sq Ft
$136/Sq Ft Est. Value

Last Sold September 18, 2013

Last sale price $23,405 $22 Per Sq Ft

Est. 526% increase in value since last sale

Current estimated payment $908/month

34 Days on Market

Highlights

  • 0.37 Acre Lot
  • Ranch Style House
  • Front Porch
  • Deck
  • No HOA
  • 4-minute walk to Melrose Park

About This Home

As of September 2013

Possible Down Payment Assistance and Rehab Tax Credits! Extra large yard. Nice hardwood floors. Waiting on your finishing touches. All info per GIS, taxes estimated by REALTOR. This HUD Owned Property is SOLD AS IS, HUD Case #541-788834, Marketed by MMREM.com more properties may be found on www.HUDHomestore.com, cross street 13th Street.

Last Agent to Sell the Property

Kermit Johnson

COLDWELL BANKER TOWNSIDE, REALTORS(r) License #0225105309 Listed on: 07/19/2013

COLDWELL BANKER TOWNSIDE, REALTORS(r)

Last Buyer's Agent

Rick Payne

MKB, REALTORS(r) License #0225191313

MKB, REALTORS(r)

Property Details

Home Type

  • Manufactured Home

Year Built

  • Built in 1930

Lot Details

  • 0.37 Acre Lot
  • Level Lot
  • Cleared Lot

Home Design

  • 1,078 Sq Ft Home
  • Ranch Style House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level

Partially Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Public Transportation

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Legal Lot and Block pt10&a1111 / 33

Property Details

Home Type

Manufactured Home

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Heating System: Heat Pump Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Partial
  • Major Appliances: None, Sump Pump
  • Cooling System: Heat Pump Gas
  • Outside Features: Deck
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1078.00
  • ExteriorDoors: Metal
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1617
  • LaundryLaundryEntryLevel: 1
  • Major Area: 01 - City of Roanoke
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2013-08-22
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1078
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1078.00
  • TotalUnfin Sq Ft: 539.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 539.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Side Porch

Utilities

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

Association/Amenities

  • Misc Features: Paved Road

Schools

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

Lot Info

  • Lot Description: Cleared, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.37
  • Lot: pt10&a1111
  • ZoningCode: RM-2

Building Info

  • Year Built: 1930

Tax Info

  • Taxes (6 mo): 607.00
  • FILLTAXID: 2211004

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

Closed on
Jul 21, 2014
Sold by
Downtown Holdings Llc
Bought by
Cfr Bec Llc
Current Estimated Value
$146,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,480
Interest Rate
4.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 19, 2013
Closed on
Sep 13, 2013
Sold by
The Secretary Of Hud Of Washington D C
Bought by
Dowtown Holdings Llc
Seller's Agent
Kermit Johnson
COLDWELL BANKER TOWNSIDE, REALTORS(r)
Buyer's Agent
Rick Payne
MKB, REALTORS(r)
List Price
$28,000
Sold Price
$23,405
Premium/Discount to List
-$4,595
-16.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.15%
Original Mortgage
$49,505
Interest Rate
4.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 24, 2013
Sold by
Bank Of America N A
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Jan 3, 2013
Sold by
Tomlin Darryl C
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 30, 2008
Sold by
Young William M
Bought by
Tomlin Darry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,825
Interest Rate
6.42%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 2007
Sold by
Holdway Ealon B
Bought by
Young William M
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
Cfr Bec Llc $142,000 First American Title Ins
Dowtown Holdings Llc $23,405 None Available
The Secretary Of Hud $88,763 None Available
Bank Of America Na $88,763 None Available
Tomlin Darry C $76,000 None Available
Young William M $7,500 Star City Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cfr Bec Llc $2,008,000
Closed Cfr Bec Llc $478,480
Closed Cfr Bec Llc $28,400
Previous Owner Dowtown Holdings Llc $49,505
Previous Owner Tomlin Darry C $74,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2013 09/18/13 Sold $23,405 -16.4% $22 / Sq Ft
08/22/2013 08/22/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $28,000 -- $26 / 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 $1,310 $87,800 $15,900 $71,900
2023 $1,310 $73,900 $12,600 $61,300
2022 $907 $57,100 $10,500 $46,600
2021 $789 $48,600 $9,500 $39,100
2020 $758 $47,200 $9,500 $37,700
2019 $758 $47,200 $9,500 $37,700
2018 $779 $48,900 $8,200 $40,700
2017 $683 $48,900 $8,200 $40,700
2016 $683 $48,900 $8,200 $40,700
2015 $607 $48,900 $8,200 $40,700
2014 $607 $48,900 $8,200 $40,700
Source: Public Records

Agents Affiliated with this Home

  • Kermit Johnson

    Seller's Agent in 2013

    Kermit Johnson

    COLDWELL BANKER TOWNSIDE, REALTORS(r)

    (540) 529-0398

    57 Total Sales

    Section Image
  • Rick Payne

    Buyer's Agent in 2013

    Rick Payne

    MKB, REALTORS(r)

    (540) 793-0442

    94 Total Sales

    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 795085

Roanoke Valley Association of REALTORS®

APN: 221-1004

Virginia Roanoke City County Roanoke 24017 Gilmer

1318 Moorman Ave NW, Roanoke, VA

This home is located at 1318 Moorman Ave NW, Roanoke, VA 24017 since 19 July 2013 and is currently estimated at $146,627, approximately $136 per square foot. This property was built in 1930. 1318 Moorman 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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