NOT LISTED FOR SALE

1575 Read Mountain Rd NE Roanoke, VA 24019

Monterey Neighborhood

Estimated Value: $309,000 - $342,000

3 Beds
2.5 Baths
2,081 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 27, 2020

Last sale price $220,000 $106 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,093/month

11 Days on Market

Highlights

  • City View
  • Deck
  • Fenced Yard
  • Colonial Architecture
  • No HOA
  • Rear Porch

About This Home

As of May 2020

This spacious 3 Bedroom 3 Bath home boasts incredible sunset views. Located on quiet Read Mountain Rd. Move in with the comfort of having a brand new 40 year roof, k guard gutters, 2 year old hot water heater, new heat pump and much more.

Last Agent to Sell the Property

Austin Bousman

RE/MAX ALL STARS License #0225235858 Listed on: 04/16/2020

RE/MAX ALL STARS

Last Buyer's Agent

Adam Stephenson

RE/MAX ALL STARS License #0225242154

RE/MAX ALL STARS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,057

Year Built

  • Built in 1997

Lot Details

  • 0.29 Acre Lot
  • Fenced Yard
  • Gentle Sloping Lot
  • Garden

Property Views

  • City
  • Mountain

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Bay Window
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Tuck Under Garage
  • Assigned Parking

Outdoor Features

  • Deck
  • Shed
  • Rear Porch

Schools

  • Monterey Elementary School
  • James Breckinridge Middle School
  • William Fleming High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Natural Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Read Mountain Estates Subdivision

Listing and Financial Details

  • Tax Lot 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,057

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas, Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Partial
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Bay Window, Deck, Fenced Yard, Garden Space, Paved Driveway, Storage Shed
  • Views: City, Mountain, Sunset
  • BedroomsBRUpperLevel: 3
  • EntryAboveGrdFin Sq Ft: 874.00
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 2081
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 333.00
  • Major Area: 01 - City of Roanoke
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 450
  • PrimCoveredPrking: Garage Under
  • RatifiedContractDt: 2020-04-27
  • Residential Type: Detached
  • Style Of House: Colonial
  • Total Above Grd Fin S Q F T: 1748
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2081.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Designated Spaces
  • UpperAboveGrdFin Sq Ft: 874.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Maint-Free Exterior, Paved Road, Satellite Dish

Schools

  • Elementary School: Monterey
  • Middle School: James Breckinridge
  • High School: William Fleming

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.29
  • Lot: 7
  • Phase: 1

Building Info

  • Year Built: 1997

Tax Info

  • Taxes (6 mo): 2056.92
  • FILLTAXID: 7380121

MLS Schools

  • Elementary School: Monterey
  • HighSchool: William Fleming
  • Middle School: James Breckinridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2020
Closed on
May 27, 2020
Sold by
Radford Brandon
Bought by
Williams Brian L and Williams Kayla
Seller's Agent
Austin Bousman
RE/MAX ALL STARS
Buyer's Agent
Adam Stephenson
RE/MAX ALL STARS
List Price
$214,950
Sold Price
$220,000
Premium/Discount to List
$5,050
2.35%
Current Estimated Value
$330,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,264
Avg. Annual Appreciation
8.01%
Original Mortgage
$209,000
Outstanding Balance
$187,616
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$140,984

Purchase Details

Listed on
Feb 18, 2012
Closed on
May 7, 2012
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Radford Brandon
Seller's Agent
Bonnie Hall
GRACIOUS LIVING REALTY
Buyer's Agent
David Linden
REALSTAR, REALTORS(r) LLC
List Price
$133,000
Sold Price
$123,500
Premium/Discount to List
-$9,500
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$120,368
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 2010
Sold by
Bostic Veronica A and Bostic Joshua D
Bought by
Secretary Of Hud

Purchase Details

Closed on
Mar 3, 2008
Sold by
Hensley Garry Wayne
Bought by
Bostic Joshua D and Bostic Veronica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,992
Interest Rate
5.57%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Williams Brian L $220,000 Colonial Ttl & Setmnt Agcy L
Radford Brandon $123,500 Atg Title Llc
Secretary Of Hud $183,646 None Available
Bostic Joshua D $179,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Brian L $209,000
Previous Owner Radford Brandon $120,368
Previous Owner Bostic Joshua D $176,992
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2020 05/27/20 Sold $220,000 +2.3% $106 / Sq Ft
04/27/2020 04/27/20 Pending -- -- --
04/16/2020 04/16/20 For Sale $214,950 +74.0% $103 / Sq Ft
05/11/2012 05/11/12 Sold $123,500 -7.1% $71 / Sq Ft
03/23/2012 03/23/12 Pending -- -- --
02/18/2012 02/18/12 For Sale $133,000 -- $76 / 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 $3,404 $262,100 $44,100 $218,000
2023 $3,404 $238,000 $37,700 $200,300
2022 $2,881 $221,000 $31,400 $189,600
2021 $2,355 $178,800 $29,500 $149,300
2020 $2,218 $168,600 $29,500 $139,100
2019 $2,130 $161,400 $27,600 $133,800
2018 $2,104 $159,700 $27,600 $132,100
2017 $2,058 $163,400 $27,600 $135,800
2016 $2,051 $162,800 $27,600 $135,200
2015 $1,954 $162,800 $27,600 $135,200
2014 $1,954 $164,200 $27,600 $136,600
Source: Public Records

Agents Affiliated with this Home

  • Austin Bousman

    Seller's Agent in 2020

    Austin Bousman

    RE/MAX

    (540) 597-8394

    3 in this area

    327 Total Sales

    Section Image
  • Adam Stephenson

    Buyer's Agent in 2020

    Adam Stephenson

    RE/MAX

    (540) 494-7169

    10 in this area

    206 Total Sales

    Section Image

  • B

    Seller's Agent in 2012

    Bonnie Hall

    GRACIOUS LIVING REALTY

    (540) 309-7565

    1 in this area

    103 Total Sales

    Section Image

  • D

    Buyer's Agent in 2012

    David Linden

    REALSTAR, REALTORS(r) LLC

    (540) 366-4444

    1 in this area

    127 Total Sales

    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 868681

Roanoke Valley Association of REALTORS®

APN: 738-0121

Virginia Roanoke City County Roanoke 24019 Monterey

1575 Read Mountain Rd NE, Roanoke, VA

This home is located at 1575 Read Mountain Rd NE, Roanoke, VA 24019 since 16 April 2020 and is currently estimated at $329,303, approximately $158 per square foot. This property was built in 1997. 1575 Read Mountain Rd NE is a home located in Roanoke City with nearby schools including Monterey Elementary School, Lucy Addison Middle School, and William Fleming 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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