NOT LISTED FOR SALE

1523 Compton St NE Roanoke, VA 24012

Williamson Road Neighborhood
-- Bed
-- Bath
11,600 Sq Ft
0.52 Acres

Last Sold May 28, 2013

Last sale price $421,000 $36 Per Sq Ft

65 Days on Market

Highlights

  • 0.52 Acre Lot
  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • No HOA

About This Home

As of May 2013

17 Units, 5 two bedrooms and 12 one bedroom. Good rental! Area listing agent has over 20 years of management knowledge on these units. See agent for breakdown of expenses. Gross Income: 2010 = $76,300, 2011 = $76,523, 2012 = $81,829

Last Agent to Sell the Property

Fred Thomas

EDWIN C HALL ASSOCIATES INC License #0225112421 Listed on: 01/01/2013

Last Buyer's Agent

Fred Thomas

EDWIN C HALL ASSOCIATES INC License #0225112421 Listed on: 01/01/2013

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,700

Year Built

  • Built in 1972

Lot Details

  • 0.52 Acre Lot

Parking

  • 20 Parking Spaces

Home Design

  • 11,600 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation

Schools

  • Lincoln Terrace Elementary School
  • Lucy Addison Middle School
  • William Fleming High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heating
  • Legal Lot and Block 5-6-7 / 5

Community Details

Overview

  • No Home Owners Association
  • 17 Units
  • Oakland Subdivision

Building Details

  • 17 Leased Units
  • Operating Expense $37,045
  • Gross Income $76,523
  • Net Operating Income $39,478

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,700

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Heating System: Baseboard Electric, Forced Air Electric
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: Central Cooling, Window A/C
  • Major Area: 01 - City of Roanoke
  • MiscellaneousInfoPublicTransport: Yes
  • NumberLeasedUnits: 17.00
  • NumberUnfurnished: 17.00
  • NumberVehicleSpaces: 20.00
  • Hoa2 Or Poa: No
  • SubdivisionMap: Oakland
  • TotalAnnualExpen: 37045.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (10 or More)

Utilities

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

Lot Info

  • Lot Dimensions: 144.000 sq ft
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.52
  • Lot: 5-6-7
  • Present Use: Built-As
  • Phase: 2

Building Info

  • Year Built: 1972

Tax Info

  • Taxes (6 mo): 5700.00

Multi Family

  • Tenant Pays: Air Conditioning, Electricity, Heating
  • Units In Building: 17.00
  • Multi Family Type: Apartments

MLS Schools

  • Elementary School: Lincoln Terrace
  • HighSchool: William Fleming
  • Middle School: Lucy Addison

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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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 List to Sale Price per Sq Ft
05/28/2013 05/28/13 Sold $421,000 -14.9% $36 / Sq Ft
03/07/2013 03/07/13 Pending -- -- --
01/01/2013 01/01/13 For Sale $495,000 -- $43 / 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 $11,009 $849,600 $40,300 $809,300
2024 $11,009 $741,100 $37,400 $703,700
2023 $9,641 $649,300 $37,400 $611,900
2022 $7,358 $564,900 $37,400 $527,500
2021 $6,985 $539,800 $37,400 $502,400
2020 $6,985 $539,800 $37,400 $502,400
2019 $6,576 $506,300 $37,400 $468,900
2018 $6,294 $484,000 $37,400 $446,600
2017 $5,386 $409,600 $37,400 $372,200
2016 $5,386 $409,600 $37,400 $372,200
2015 $5,366 $409,600 $37,400 $372,200
2014 $5,366 $409,600 $37,400 $372,200
Source: Public Records

Agents Affiliated with this Home

  • Fred Thomas

    Seller's Agent in 2013

    Fred Thomas

    EDWIN C HALL ASSOCIATES INC

    (540) 761-4227

    8 Total Sales

    Fred Thomas
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 788100

Roanoke Valley Association of REALTORS®

APN: 307-1005

Virginia Roanoke City County Roanoke 24012 Williamson Road

1523 Compton St NE, Roanoke, VA

Not Listed for Sale

MultiFamily

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