NOT LISTED FOR SALE

137 Gus Nicks Blvd Vinton, VA 24179

Estimated Value: $539,460

-- Bed
-- Bath
3,838 Sq Ft
$141/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $247,500 $64 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,127/month

606 Days on Market

Highlights

  • No HOA
  • Handicap Accessible
  • Central Air
  • William Byrd High School Rated A-

About This Home

As of October 2015

DON'T MISS OUT! GREAT INVESTOR OPPORTUNITY! BUILDING IS 25% TENANT OCCUPIED WITH $1200 RENT INCOME MONTHLY. BACK CARRIAGE HOUSE & 5 OFFICE SPACES - CURRENTLY UNOCCUPIED WITH POTENTIAL $2100/MONTH ADDITIONAL RENT INCOME. SELLER HAS RECENT APPRAISAL (INCLUDING OWNER & TENANT EXPENSES) AND AUTHORIZES LISTING AGENT TO SHOW POTENTIAL BUYERS UPON REQUEST.

Last Agent to Sell the Property

Glenda Morris

LONG & FOSTER - ROANOKE OFFICE License #0225210824 Listed on: 02/21/2014

LONG & FOSTER - ROANOKE  OFFICE

Last Buyer's Agent

Maureen Gasink

STRATFORD PROPERTIES INC License #0225077597

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,848

Year Built

  • Built in 1900

Lot Details

  • 0.48

Interior Spaces

  • 3,838 Sq Ft Home
  • Crawl Space
  • Alarm System

Schools

  • Herman L. Horn Elementary School
  • William Byrd Middle School
  • William Byrd High School

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Handicap Accessible
  • 0.48 Acre Lot

Listing and Financial Details

  • Tenant pays for - see remarks

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • 7 Leased Units
  • Operating Expense $9,361
  • Gross Income $33,674
  • Net Operating Income $24,313

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,848

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Interior Features: Alarm
  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: Central Cooling
  • Major Area: 02 - Roanoke County
  • NumberLeasedUnits: 7.00
  • NumberUnfurnished: 8.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2015-10-20
  • TotalAnnualExpen: 9361.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Current Lease, Handicap Access

Schools

  • Elementary School: Herman L. Horn
  • Middle School: William Byrd
  • High School: William Byrd

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.48
  • ZoningCode: Vinton CB

Building Info

  • Year Built: 1900

Tax Info

  • Taxes (6 mo): 2848.00
  • FILLTAXID: 060.16-01-01.00-0000

Multi Family

  • Tenant Pays: Other - See Remarks
  • Units In Building: 8.00
  • Multi Family Type: Other - See Remarks

MLS Schools

  • Elementary School: Herman L. Horn
  • HighSchool: William Byrd
  • Middle School: William Byrd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2016
Sold by
Patterson Patrick W and Patterson Annette W
Bought by
Patterson Sisters Misneach Llc
Current Estimated Value
$539,460

Purchase Details

Closed on
May 24, 2016
Sold by
Patterson Patrick W and Patterson Annette W
Bought by
Patterson Sisters Misneach Llc

Purchase Details

Closed on
Jun 11, 2009
Sold by
Home Source Llc
Bought by
Lee Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,950
Interest Rate
4.92%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Patterson Sisters Misneach Llc -- None Available
Patterson Sisters Misneach Llc -- None Available
Lee Susan C $299,950 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Susan C $237,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $247,500 -4.8% $64 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
02/21/2014 02/21/14 For Sale $260,000 -- $68 / 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 $3,201 $310,800 $59,600 $251,200
2024 $3,193 $307,000 $56,500 $250,500
2023 $3,139 $296,100 $56,500 $239,600
2022 $3,171 $290,900 $56,500 $234,400
2021 $3,035 $278,400 $56,500 $221,900
2020 $3,000 $275,200 $56,500 $218,700
2019 $2,976 $273,000 $53,300 $219,700
2018 $3,073 $264,900 $50,200 $214,700
2017 $2,869 $263,200 $47,000 $216,200
2016 $2,871 $263,400 $47,000 $216,400
2015 $2,813 $258,100 $47,000 $211,100
2014 $2,772 $254,300 $47,700 $206,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 800835

Roanoke Valley Association of REALTORS®

APN: 060.16-01-01