$410,000
SOLD DEC 20, 2024

1419 Grandin Rd SW Roanoke, VA 24015

Raleigh Court Neighborhood
-- Bed
-- Bath
3,245 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$126 Per Sq Ft

18% Below List Price

137 Days on Market

Highlights

  • City View
  • Google Fiber
  • Property is near schools
  • No HOA
  • Storage
  • Forced Air Heating System

About This Home

As of December 2024

NOW IS YOUR CHANCE TO OWN A PIECE OF THE HISTORIC GRANDIN VILLAGE! ONE BLOCK UP FROM GRANDIN VILLAGE SHOPPING, THEATER AND RESTAURANTS. AN EASY WALK OR BIKE RIDE TO THE GREENWAY. THIS UNIQUE PROPERTY FEATURES A COMMERCIAL UNIT ON THE FIRST FLOOR CONVERTED INTO A HAIR SALON. TWO UPPER UNITS CONSIST OF A 2 BEDROOM/1 BATH UNIT AND 1 BEDROOM/1 BATH STUDIO UNIT. FANTASTIC POTENTIAL AND LONG TERM TENANTS. WALK OUT BASEMENT FEATURES STORAGE CAGES FOR EACH UNIT & 2 SETS OF WASHER/DRYERS. PRIVATE PARKING IN REAR OF BUILDING - ACCESS FROM ALLEY - WITH A TWO CAR DETACHED GARAGE.

Last Agent to Sell the Property

Elizabeth Varney

MKB, REALTORS(r) License #0225217182 Listed on: 07/01/2024

MKB, REALTORS(r)

Last Buyer's Agent

Amanda Ostrander

MKB, REALTORS(r) License #0225234812

MKB, REALTORS(r)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,618

Year Built

  • Built in 1900

Home Design

  • Triplex
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 3,245 Sq Ft Home
  • Ceiling Fan
  • Fireplace Features Masonry
  • Storage
  • City Views
  • Partially Finished Basement
  • Walk-Out Basement

Schools

  • Virginia Heights Elementary School
  • Woodrow Wilson Middle School
  • Patrick Henry High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • 10,019 Sq Ft Lot
  • Property is near schools

Listing and Financial Details

  • Tenant pays for cable TV, deposit, electricity
  • Tax Lot 5

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities
  • Google Fiber

Building Details

  • 3 Leased Units
  • Operating Expense $4,680
  • Gross Income $48,140
  • Net Operating Income $43,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,618

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Masonry Fireplace, Storage
  • Heating System: Forced Air Electric, Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Walkout - Partial
  • Cooling System: Heat Pump Electric
  • Views: City, Sunrise, Sunset
  • CondoAssocYN: No
  • Internet Access: Cable, Fiber
  • Major Area: 01 - City of Roanoke
  • MiscellaneousInfoPublicTransport: Yes
  • NumberLeasedUnits: 3.00
  • NumberUnfurnished: 3.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2024-11-26
  • SubdivisionMap: Duerson Grandin RD
  • TotalAnnualExpen: 4680.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

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

Association/Amenities

  • Misc Features: Laundry Facility, Pet Allowed, Walk to School
  • Amenities Common: Cable TV

Schools

  • Elementary School: Virginia Heights
  • Middle School: Woodrow Wilson
  • High School: Patrick Henry

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.23
  • Lot: 5
  • Present Use: Converted
  • ZoningCode: CN

Building Info

  • Year Built: 1900

Tax Info

  • Taxes (6 mo): 1617.72
  • FILLTAXID: 143-2224

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Cable TV, Deposit, Electricity
  • Units In Building: 3.00
  • Multi Family Type: Triplex

MLS Schools

  • Elementary School: Virginia Heights
  • HighSchool: Patrick Henry
  • Middle School: Woodrow Wilson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Dec 17, 2024
Sold by
Love Cherie E and Love Cherie Elaine
Bought by
Snb Investments Llc
Seller's Agent
Elizabeth Varney
MKB, REALTORS(r)
Buyer's Agent
Amanda Ostrander
MKB, REALTORS(r)
List Price
$499,950
Sold Price
$410,000
Premium/Discount to List
-$89,950
-17.99%
Views
30
Current Estimated Value
$410,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500
Avg. Annual Appreciation
0.49%

Purchase Details

Closed on
Mar 10, 2008
Sold by
Harrison R E
Bought by
Varney Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2007
Sold by
The Jml Group Llc
Bought by
Harrison R E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 2005
Sold by
Harrison R E
Bought by
The Jml Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.84%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Deed $410,000 Westcor Land Title
Deed $410,000 Westcor Land Title
Deed $170,000 None Available
Deed -- None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $132,000 Credit Line Revolving
Previous Owner $70,000 Commercial
Previous Owner $10,000 Commercial
Previous Owner $170,000 Commercial
Previous Owner $50,000 Commercial
Previous Owner $25,000 Commercial
Previous Owner $150,000 Future Advance Clause Open End Mortgage
Previous Owner $48,640 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $410,000 -12.6% $126 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
11/19/2024 11/19/24 Price Changed $469,122 -2.3% $145 / Sq Ft
09/16/2024 09/16/24 Price Changed $479,999 -4.0% $148 / Sq Ft
08/17/2024 08/17/24 For Sale $499,950 0.0% $154 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $499,950 -- $154 / 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 $3,540 $290,200 $94,900 $195,300
2023 $3,344 $274,100 $86,300 $187,800
2022 $3,537 $265,200 $86,300 $178,900
2021 $3,140 $257,400 $78,500 $178,900
2020 $3,403 $257,400 $78,500 $178,900
2019 $3,242 $244,200 $75,100 $169,100
2018 $3,142 $235,100 $72,500 $162,600
2017 $2,894 $226,600 $72,500 $154,100
2016 $2,693 $210,100 $72,500 $137,600
2015 $2,470 $207,600 $70,000 $137,600
2014 $2,470 $207,600 $70,000 $137,600
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Varney

    Seller's Agent in 2024

    Elizabeth Varney

    MKB, REALTORS(r)

    (540) 761-3810

    6 in this area

    53 Total Sales

    Elizabeth Varney
    Section Image
  • Amanda Ostrander

    Buyer's Agent in 2024

    Amanda Ostrander

    MKB, REALTORS(r)

    (540) 655-3496

    45 in this area

    164 Total Sales

    Amanda Ostrander
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 908898

Roanoke Valley Association of REALTORS®

APN: 1432224

Virginia Roanoke City County Roanoke 24015 Raleigh Court

1419 Grandin Rd SW, Roanoke, VA

This home is located at 1419 Grandin Rd SW, Roanoke, VA 24015 and is currently priced at $410,000, approximately $126 per square foot. This property was built in 1900. 1419 Grandin Rd SW is a home located in Roanoke City with nearby schools including Virginia Heights Elementary School, Woodrow Wilson 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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