NOT LISTED FOR SALE

1321 3rd St SW Roanoke, VA 24016

Old Southwest Neighborhood

Estimated Value: $259,661

5 Beds
3 Baths
2,712 Sq Ft
$96/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $154,707 $57 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,698/month

15 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Level Lot
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of April 2020

Hard to find Mixed Use building in a prime location in Old Southwest Historic district. Great investment opportunity. This property is a great office space with 2712 sq ft. for a variety of different businesses. Was a duplex at one time and could be converted back or could be a single family home. Off street parking off alley in rear. Level lot. This property is priced $47,800 under current tax assessment.

Last Agent to Sell the Property

Bill Kern

MKB, REALTORS(r) License #0225074357 Listed on: 03/05/2020

Last Buyer's Agent

Judy Simmers

RE/MAX ALL POINTS License #0225049122

RE/MAX ALL POINTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,778

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 44 x 150
  • Level Lot
  • Property is zoned MX

Interior Spaces

  • 2,712 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Highland Park Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 12 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,778

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 1491.00
  • ExteriorDoors: Metal, Wood
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 3933
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 01 - City of Roanoke
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2020-03-20
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubdivisionMap: OS SEC SW
  • Total Above Grd Fin S Q F T: 2712
  • TotalBdrm: 5
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2712.00
  • TotalUnfin Sq Ft: 1221.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1221.00
  • UpperAboveGrdFin Sq Ft: 1221.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV

Schools

  • Elementary School: Highland Park
  • Middle School: James Madison
  • High School: Patrick Henry

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 44 x 150
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.15
  • Lot: 12
  • ZoningCode: MX

Building Info

  • Year Built: 1910

Tax Info

  • Taxes (6 mo): 2778.00
  • FILLTAXID: 1030512

MLS Schools

  • Elementary School: Highland Park
  • HighSchool: Patrick Henry
  • Middle School: James Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Mar 30, 2020
Sold by
Richardson Gail W
Bought by
Bnr Investments Llc
Seller's Agent
Bill Kern
MKB, REALTORS(r)
Buyer's Agent
Judy Simmers
RE/MAX ALL POINTS
List Price
$179,900
Sold Price
$154,707
Premium/Discount to List
-$25,193
-14%
Current Estimated Value
$259,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,954
Avg. Annual Appreciation
10.16%
Source: Public Records

Range of Values:

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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
Bnr Investments Llc $154,707 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bnr Investments Llc $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2020 04/27/20 Sold $154,707 -14.0% $57 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $179,900 -- $66 / 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 $3,433 $250,500 $60,100 $190,400
2023 $3,333 $227,700 $54,600 $173,100
2022 $3,029 $227,700 $54,600 $173,100
2021 $3,017 $227,700 $49,600 $178,100
2020 $2,998 $227,700 $49,600 $178,100
2019 $2,889 $218,800 $46,300 $172,500
2018 $2,690 $201,600 $46,300 $155,300
2017 $2,457 $194,300 $43,500 $150,800
2016 $2,369 $187,100 $43,500 $143,600
2015 $2,227 $187,100 $43,500 $143,600
2014 $2,227 $187,100 $43,500 $143,600
Source: Public Records

Agents Affiliated with this Home

  • Bill Kern

    Seller's Agent in 2020

    Bill Kern

    MKB, REALTORS(r)

    (540) 312-4663

    1 in this area

    79 Total Sales

    Bill Kern
    Section Image
  • Judy Simmers

    Buyer's Agent in 2020

    Judy Simmers

    RE/MAX

    (540) 598-7635

    23 Total Sales

    Judy Simmers
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 867465

Roanoke Valley Association of REALTORS®

APN: 103-0512

Virginia Roanoke City County Roanoke 24016 Old Southwest

1321 3rd St SW, Roanoke, VA

This home is located at 1321 3rd St SW, Roanoke, VA 24016 since 05 March 2020 and is currently estimated at $259,661, approximately $95 per square foot. This property was built in 1910. 1321 3rd St SW is a home located in Roanoke City with nearby schools including Highland Park Elementary School, James Madison 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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