NOT LISTED FOR SALE

1515 Hanover Ave NW Roanoke, VA 24017

Melrose-Rugby Neighborhood

Estimated Value: $70,000 - $122,000

2 Beds
1 Bath
700 Sq Ft
$150/Sq Ft Est. Value

Last Sold June 26, 2014

Last sale price $20,250 $29 Per Sq Ft

Est. 419% increase in value since last sale

Current estimated payment $661/month

53 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 4-minute walk to Melrose Park

About This Home

As of June 2014

Smell the sweat equity in this one! This house needs TLC, no government loans. Freddie Mac first look owner occupant priority 3/17/2014-4/6/2014, then investors bid.

Last Agent to Sell the Property

Kathy Chandler

MKB, REALTORS(r) License #0225072523 Listed on: 03/17/2014

MKB, REALTORS(r)

Last Buyer's Agent

Rick Payne

MKB, REALTORS(r) License #0225191313

MKB, REALTORS(r)

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $503

Year Built

  • Built in 1946

Lot Details

  • 6,098

Home Design

  • Ranch Style House

Interior Spaces

  • 700 Sq Ft Home
  • Basement
  • Dirt Floor
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Additional Features

  • 6,098 Sq Ft Lot
  • No Cooling

Community Details

  • No Home Owners Association
  • Melrose Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Legal Lot and Block 13 / 43

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$503

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Heating System: Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Dirt - Full
  • Cooling System: No Cooling System
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 700.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 700
  • LaundryLaundryEntryLevel: 1
  • Major Area: 01 - City of Roanoke
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2014-05-09
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 700
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 700.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Schools

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.14
  • Lot: 13

Building Info

  • Year Built: 1946

Tax Info

  • Taxes (6 mo): 503.00
  • FILLTAXID: 2220313

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
Jun 26, 2025
Sold by
Rosborough Enterprise Llc
Bought by
Rrn Llc
Current Estimated Value
$105,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Outstanding Balance
$101,514
Interest Rate
6.81%
Estimated Equity
$3,578

Purchase Details

Closed on
Jun 9, 2025
Sold by
Act 3Squared Llp
Bought by
Rosborough Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Outstanding Balance
$101,514
Interest Rate
6.81%
Estimated Equity
$3,578

Purchase Details

Closed on
Oct 26, 2023
Sold by
Galt Properties Llc
Bought by
Act 3Squared Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
7.18%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 17, 2014
Closed on
Jun 11, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Downtown Holdings Llc
Seller's Agent
Kathy Chandler
MKB, REALTORS(r)
Buyer's Agent
Rick Payne
MKB, REALTORS(r)
List Price
$19,900
Sold Price
$20,250
Premium/Discount to List
$350
1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.82%
Original Mortgage
$49,550
Interest Rate
4.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 20, 2014
Sold by
Kissner Heather T and Kissner Kevin
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Aug 29, 2007
Sold by
Funk David J
Bought by
Kissner Kevin and Kissner Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,600
Interest Rate
6.7%
Mortgage Type
New Conventional
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
Rrn Llc $72,000 Old Republic National Title
Rosborough Enterprise Llc $70,000 Old Republic National Title In
Act 3Squared Llp -- None Listed On Document
Downtown Holdings Llc $20,250 None Available
Federal Home Loan Mortgage Corp $74,893 None Available
Kissner Kevin $74,000 Multipel
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rrn Llc $101,600
Closed Rrn Llc $101,600
Previous Owner Act 3Squared Llp $8,000,000
Previous Owner Act 3Squared Llp $1,920,000
Previous Owner Downtown Holdings Llc $49,550
Previous Owner Kissner Kevin $66,600
Previous Owner Dehart David W $137,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2014 06/26/14 Sold $20,250 +1.8% $29 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $19,900 -- $28 / 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 $1,113 $68,000 $12,600 $55,400
2023 $971 $60,000 $9,700 $50,300
2022 $747 $50,200 $8,400 $41,800
2021 $533 $43,700 $7,400 $36,300
2020 $645 $43,200 $7,400 $35,800
2019 $640 $42,800 $7,400 $35,400
2018 $634 $42,300 $7,400 $34,900
2017 $538 $42,300 $7,400 $34,900
2016 $538 $42,300 $7,400 $34,900
2015 $525 $42,300 $7,400 $34,900
2014 $525 $0 $7,400 $34,900
Source: Public Records

Agents Affiliated with this Home

  • Kathy Chandler

    Seller's Agent in 2014

    Kathy Chandler

    MKB, REALTORS(r)

    (540) 819-4640

    1 in this area

    61 Total Sales

    Kathy Chandler
    Section Image
  • Rick Payne

    Buyer's Agent in 2014

    Rick Payne

    MKB, REALTORS(r)

    (540) 793-0442

    93 Total Sales

    Rick Payne
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 801621

Roanoke Valley Association of REALTORS®

APN: 222-0313

Virginia Roanoke City County Roanoke 24017 Melrose-Rugby

1515 Hanover Ave NW, Roanoke, VA

This home is located at 1515 Hanover Ave NW, Roanoke, VA 24017 since 17 March 2014 and is currently estimated at $105,092, approximately $150 per square foot. This property was built in 1946. 1515 Hanover 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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