$197,500
SOLD AUG 31, 2015

1548 Terrace Rd SW Unit & 1550 Roanoke, VA 24015

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

Recently Sold

$92 Per Sq Ft

14% Below List Price

142 Days on Market

About This Home

As of February 2020

Brick & vinyl townhouse style duplex. New water heater, new dishwasher 2010, new flooring 2010, deck. Ally in rear. Finished sq. ft. does not include 1060 in unfinished basement. Rent $800 month.

Last Agent to Sell the Property

Chan Bolling

MKB, REALTORS(r) License #0225111615 Listed on: 03/11/2015

MKB, REALTORS(r)

Co-Listed By

Scott Avis

MKB, REALTORS(r) License #0225192398

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1993

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 149

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

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

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $655
  • Water Sewer Expense $1,015
  • New Taxes Expense $2,566
  • Operating Expense $6,069
  • Gross Income $16,915
  • Net Operating Income $10,846

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,500

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Walkout - Partial
  • Cooling System: Heat Pump Electric
  • Views: City
  • ExpensesTaxExp: 2566.00
  • Major Area: 01 - City of Roanoke
  • MiscellaneousInfoPaidUtilities: Water/sewer 2014
  • MiscellaneousInfoPublicTransport: Yes
  • NumberUnfurnished: 2.00
  • NumberVehicleSpaces: 4.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2015-07-31
  • SubdivisionMap: R.C.
  • TotalAnnualExpen: 6069.00
  • 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
  • Expenses Water Exp: 1015.00
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Pet Allowed
  • Amenities Common: Cable TV

Schools

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

Lot Info

  • Lot Dimensions: 50 x 149
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.17
  • Lot: 18
  • Present Use: Built-As
  • ZoningCode: R-5

Building Info

  • Year Built: 1993

Tax Info

  • Taxes (6 mo): 2500.00
  • FILLTAXID: 1341003

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Air Conditioning, 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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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

    40 Total Sales

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  • Walter Grewe

    Buyer's Agent in 2020

    Walter Grewe

    WAINWRIGHT & CO., REALTORS(r)

    (540) 537-9281

    1 in this area

    100 Total Sales

    Section Image
  • Chan Bolling

    Seller's Agent in 2015

    Chan Bolling

    MKB, REALTORS(r)

    (540) 344-7415

    7 Total Sales

    Section Image
  • Scott Avis

    Seller Co-Listing Agent in 2015

    Scott Avis

    MKB, REALTORS(r)

    (540) 529-1983

    20 in this area

    342 Total Sales

    Section Image
  • Matt Huff

    Buyer Co-Listing Agent in 2015

    Matt Huff

    POE & CRONK REAL ESTATE GROUP

    (540) 493-4970

    3 Total Sales

    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 812483

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 and is currently priced at $197,500, approximately $91 per square foot. 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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