NOT LISTED FOR SALE

1602 8th St SE Roanoke, VA 24013

Morningside Neighborhood

Estimated Value: $73,000 - $124,997

3 Beds
1 Bath
1,320 Sq Ft
$73/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $50,000 $38 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $581/month

7 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Level Lot
  • Covered Patio or Porch

About This Home

As of June 2021

Great investor property. 4 bedroom 1 bath situated on a corner lot. Close to all of the amenities of downtown. Sold as is. All materials pass with sale of property.

Last Agent to Sell the Property

patrick lynch

CENTURY 21 WAMPLER REALTY License #0225061233 Listed on: 05/11/2021

CENTURY 21 WAMPLER REALTY

Last Buyer's Agent

Katy Cookston

KELLER WILLIAMS COASTAL VIRGINIA License #0225226729

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $497

Year Built

  • Built in 1922

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Morningside Elementary School
  • John P. Fishwick Middle School
  • Patrick Henry High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 38 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$497

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Heating System: Baseboard Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Cooling System: Window A/C
  • Outside Features: Covered Porch
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 660.00
  • LaundryLaundryEntryLevel: 1
  • Major Area: 01 - City of Roanoke
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 1320
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1320.00
  • Uncovered Parking: Street Parking
  • UpperAboveGrdFin Sq Ft: 660.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Paved Road

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.11
  • Lot: 38
  • Phase: 1

Building Info

  • Year Built: 1922

Tax Info

  • Taxes (6 mo): 497.00

MLS Schools

  • Elementary School: Morningside
  • HighSchool: Patrick Henry
  • Middle School: John P. Fishwick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2020
Closed on
Oct 6, 2020
Sold by
Mandakis Charles B
Bought by
Jaikaran Jalakram
Seller's Agent
Tammy Rickman
RICKMAN REALTY LLC
Buyer's Agent
Lindsey Donahue
WAINWRIGHT & CO., REALTORS(r)
List Price
$53,500
Sold Price
$46,500
Premium/Discount to List
-$7,000
-13.08%
Current Estimated Value
$95,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,249
Avg. Annual Appreciation
14.66%

Purchase Details

Closed on
Mar 16, 2018
Sold by
Ransome Becky S
Bought by
Mandakis Charles B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2009
Sold by
Blankenship Otey R and Blankenship Ricky L
Bought by
Ransome Becky S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 8, 2009
Sold by
Blankenship Otey R and Blankenship Ricky L
Bought by
Ransome Becky S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 11, 2008
Sold by
Balnkenship Otey R
Bought by
Bankenship Otey R and Bankenship Ricky L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jaikaran Jalakram $46,500 Fidelity National Title
Mandakis Charles B $29,200 American Title & Settlement
Ransome Becky S -- None Available
Ransome Becky S -- None Available
Bankenship Otey R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mandakis Charles B $28,000
Previous Owner Ransome Becky S $31,000
Previous Owner Ransome Becky S $31,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2021 06/23/21 Sold $50,000 -16.7% $38 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $60,000 +29.0% $45 / Sq Ft
10/09/2020 10/09/20 Sold $46,500 -13.1% $35 / Sq Ft View Prior Sale
08/31/2020 08/31/20 Pending -- -- --
08/22/2020 08/22/20 For Sale $53,500 -- $41 / 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 $1,014 $67,000 $25,700 $41,300
2024 $1,014 $58,800 $20,500 $38,300
2023 $908 $51,500 $16,300 $35,200
2022 $750 $47,400 $14,100 $33,300
2021 $659 $40,600 $11,200 $29,400
2020 $645 $40,600 $11,200 $29,400
2019 $700 $45,100 $11,200 $33,900
2018 $750 $50,100 $11,200 $38,900
2017 $801 $62,100 $11,200 $50,900
2016 $801 $62,100 $11,200 $50,900
2015 $771 $62,100 $11,200 $50,900
2014 $771 $62,100 $11,200 $50,900
Source: Public Records

Agents Affiliated with this Home

  • patrick lynch

    Seller's Agent in 2021

    patrick lynch

    CENTURY 21 WAMPLER REALTY

    (540) 793-0910

    2 in this area

    52 Total Sales

    patrick lynch
    Section Image
  • Katy Cookston

    Buyer's Agent in 2021

    Katy Cookston

    KELLER WILLIAMS COASTAL VIRGINIA

    (540) 520-8402

    3 in this area

    228 Total Sales

    Katy Cookston
    Section Image
  • Tammy Rickman

    Seller's Agent in 2020

    Tammy Rickman

    RICKMAN REALTY LLC

    (540) 793-4141

    7 in this area

    320 Total Sales

    Tammy Rickman
    Section Image
  • Lindsey Donahue

    Buyer's Agent in 2020

    Lindsey Donahue

    WAINWRIGHT & CO., REALTORS(r)

    (540) 797-0764

    22 Total Sales

    Lindsey Donahue
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 879725

Roanoke Valley Association of REALTORS®

APN: 414-2321

Virginia Roanoke City County Roanoke 24013 Morningside

1602 8th St SE, Roanoke, VA

Not Listed for Sale

Detached

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