NOT LISTED FOR SALE

1548 Terrace Rd SW Unit & 1550 Roanoke, VA 24015

Raleigh Court Neighborhood
-- Bed
-- Bath
2,157 Sq Ft
7,405 Sq Ft Lot

Last Sold February 11, 2020

Last sale price $235,000 $109 Per Sq Ft

3 Days on Market

About This Home

As of February 2020

Built in 1993, this brick townhouse style duplex is situated on a quiet, walkable street in Raleigh Court. Each unit features two spacious BR and a full BA upstairs with a large eat in kitchen, dishwasher, washer/dryer, & a half bath off of the living room. Other amenities include private decks accessed from the kitchen and generous walk out basements. Great location, lots of storage, and modern amenities make this a turnkey property for owner occupants and investors alike. Offered in conjunction with duplex located at 1538 Terrace Road (MLS 865753) . Can be purchased separately or together.

Last Agent to Sell the Property

Matthew Zimmerman

WALDVOGEL COMMERCIAL PROPERTIES License #0225229039 Listed on: 01/06/2020

Last Buyer's Agent

Walter Grewe

WAINWRIGHT & CO., REALTORS(r) License #0225105136

WAINWRIGHT & CO., REALTORS(r)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,698

Year Built

  • Built in 1993

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 149x50

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,157 Sq Ft Home
  • Partially Finished Basement
  • Walk-Out Basement

Schools

  • Wasena Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, heating
  • Legal Lot and Block 18 / 30

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Operating Expense $8,537
  • Gross Income $21,960
  • Net Operating Income $13,423

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,698

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Walkout - Partial
  • Cooling System: Central Cooling
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2020-01-09
  • TotalAnnualExpen: 8537.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Street

Utilities

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

Schools

  • Elementary School: Wasena
  • Middle School: James Madison
  • High School: Patrick Henry

Lot Info

  • Lot Dimensions: 149x50
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.17
  • Lot: 18
  • Phase: 1

Building Info

  • Year Built: 1993

Tax Info

  • Taxes (6 mo): 2698.00
  • FILLTAXID: 1341003

Multi Family

  • Tenant Pays: Electricity, Heating
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Wasena
  • HighSchool: Patrick Henry
  • Middle School: James Madison

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
02/11/2020 02/11/20 Sold $235,000 -1.1% $109 / Sq Ft
01/09/2020 01/09/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $237,500 +20.3% $110 / Sq Ft
08/31/2015 08/31/15 Sold $197,500 -13.8% $92 / Sq Ft
07/31/2015 07/31/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $229,000 -- $106 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matthew Zimmerman

    Seller's Agent in 2020

    Matthew Zimmerman

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 759-1884

    5 in this area

    42 Total Sales

    Matthew Zimmerman
    Section Image
  • Walter Grewe

    Buyer's Agent in 2020

    Walter Grewe

    WAINWRIGHT & CO., REALTORS(r)

    (540) 537-9281

    1 in this area

    103 Total Sales

    Walter Grewe
    Section Image
  • Chan Bolling

    Seller's Agent in 2015

    Chan Bolling

    MKB, REALTORS(r)

    (540) 344-7415

    7 Total Sales

    Chan Bolling
    Section Image
  • Scott Avis

    Seller Co-Listing Agent in 2015

    Scott Avis

    MKB, REALTORS(r)

    (540) 529-1983

    20 in this area

    339 Total Sales

    Scott Avis
    Section Image
  • Matt Huff

    Buyer Co-Listing Agent in 2015

    Matt Huff

    POE & CRONK REAL ESTATE GROUP

    (540) 493-4970

    3 Total Sales

    Matt Huff
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 865756

Roanoke Valley Association of REALTORS®

APN: 134-1003

Virginia Roanoke City County Roanoke 24015 Raleigh Court

1548 Terrace Rd SW Unit & 1550, Roanoke, VA

This home is located at 1548 Terrace Rd SW Unit & 1550, Roanoke, VA 24015 since 06 January 2020. This property was built in 1993. 1548 Terrace Rd SW Unit & 1550 is a home located in Roanoke City with nearby schools including Wasena Elementary School, James Madison 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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