NOT LISTED FOR SALE

1327 Memphis St SE Unit & 1329 Roanoke, VA 24013

Morningside Neighborhood
-- Bed
-- Bath
2,156 Sq Ft
9,583 Sq Ft Lot

Last Sold September 22, 2016

Last sale price $100,000 $46 Per Sq Ft

288 Days on Market

Highlights

  • City View
  • Forced Air Heating System
  • Ceiling Fan
  • No HOA

About This Home

As of September 2016

Remodeled and Great investment with maintenance free exterior. Both Upper and Lower level units have new flooring, water heater, paint.

Last Agent to Sell the Property

Rob Jordan

SML SALES INC License #0225067752 Listed on: 11/16/2015

Last Buyer's Agent

Rick Hillman

LONG & FOSTER - BOTETOURT License #0225 182357

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,338

Year Built

  • Built in 1985

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50x130

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 2,156 Sq Ft Home
  • Ceiling Fan
  • City Views

Schools

  • Morningside Elementary School
  • Patrick Henry High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, gas
  • Legal Lot and Block 19A / 1

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Walnut Hill Subdivision

Building Details

  • 2 Leased Units
  • Insurance Expense $600
  • Manager Expense $972
  • Water Sewer Expense $930
  • New Taxes Expense $1,338
  • Operating Expense $4,520
  • Gross Income $14,700
  • Net Operating Income $10,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,338

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Forced Air Gas
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: Heat Pump Electric
  • Views: City
  • ExpensesManagementExp: 972.00
  • ExpensesTaxExp: 1337.56
  • Internet Access: Undetermined
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2016-08-30
  • TotalAnnualExpen: 4519.92
  • Water Class: N/A
  • Water Heater Energy: Natural Gas
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Public Sewer
  • Expenses Water Exp: 930.36
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Current Lease, Maint-Free Exterior
  • Amenities Common: Cable TV

Schools

  • Elementary School: Morningside
  • High School: Patrick Henry

Lot Info

  • Lot Dimensions: 50x130
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.22
  • Lot: 19A

Building Info

  • Year Built: 1985

Tax Info

  • Taxes (6 mo): 1337.56
  • FILLTAXID: 4141307

Multi Family

  • Lease Type: One Year, Renewable Option
  • Tenant Pays: Air Conditioning, Electricity, Gas
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Morningside
  • HighSchool: Patrick Henry

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
09/22/2016 09/22/16 Sold $100,000 -9.0% $46 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
11/16/2015 11/16/15 For Sale $109,900 -- $51 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 820909

Roanoke Valley Association of REALTORS®

APN: 414-1307