NOT LISTED FOR SALE

1609 Terrace Rd SW Roanoke, VA 24015

Raleigh Court Neighborhood

Estimated Value: $383,433 - $435,000

3 Beds
1.5 Baths
2,154 Sq Ft
$192/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $263,500 $122 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,573/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • No HOA
  • Living Room with Fireplace
  • Cathedral Ceiling
  • Breakfast Area or Nook

About This Home

As of December 2018

Gorgeous Center Hall Brick Colonial in Raleigh Court set on a double corner lot. 9 ft ceilings, crown molding, plantation shutters, gas log masonry fireplace in living room. Light, bright spacious eat in kitchen with built-in glass front cabinets & solid surface counter tops. A formal dining room, four season sun room, powder room plus mudroom complete the first floor. Second floor has a large Master bedroom with a double closet, two additional bedrooms and full bath. Zoned heating & cooling (newer units), walk-up floored insulated attic, lower level workshop, laundry plus an unfinished bonus room with masonry fireplace. double gate opens to a fun back yard featuring privacy fence & wooden play set. Alley Access & additional parking & storage.

Last Agent to Sell the Property

Tim Thompson

MKB, REALTORS(r) License #0225056345 Listed on: 10/26/2018

MKB, REALTORS(r)

Last Buyer's Agent

Dana Berenbaum

MKB, REALTORS(r) License #0225219400

MKB, REALTORS(r)

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,876

Year Built

  • Built in 1935

Lot Details

  • 0.35 Acre Lot
  • Gentle Sloping Lot
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,154 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Parking

  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • Zoned Heating
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Raleigh Court Subdivision

Listing and Financial Details

  • Legal Lot and Block 20 & 21 / 27

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,876

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace
  • Heating System: Heat Pump Electric, Zoned Heat
  • Fireplace(s): Basement, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Dishwasher, Refrigerator
  • Cooling System: Heat Pump Electric
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBRUpperLevel: 3
  • EntryAboveGrdFin Sq Ft: 1232.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 3060
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryLowerLevel: 1
  • Major Area: 01 - City of Roanoke
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2018-11-02
  • Residential Type: Detached
  • Style Of House: Colonial
  • Total Above Grd Fin S Q F T: 2154
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 2154.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 906.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 906.00
  • UpperAboveGrdFin Sq Ft: 922.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

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

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.35
  • Lot: 20 & 21
  • ZoningCode: R-5

Building Info

  • Year Built: 1935

Tax Info

  • Taxes (6 mo): 2876.00
  • FILLTAXID: 1340633,1340632

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2021
Sold by
Brookman Dustin K and Read Megan D
Bought by
Read Megan D
Current Estimated Value
$408,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,716
Outstanding Balance
$185,785
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$230,415

Purchase Details

Listed on
Oct 26, 2018
Closed on
Dec 21, 2018
Sold by
Macgibbon Daniel S and Macgibbon Mary Dodson
Bought by
Brookman Dustin K and Read Megan D
Seller's Agent
Tim Thompson
MKB, REALTORS(r)
Buyer's Agent
Dana Berenbaum
MKB, REALTORS(r)
List Price
$269,950
Sold Price
$263,500
Premium/Discount to List
-$6,450
-2.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$210,800
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2011
Closed on
Apr 18, 2012
Sold by
Mayhew Michael D and Gay Andrea N
Bought by
Macgibbon Daniel S and Macgibbon Mary Dodson
Seller's Agent
Rhonda Spangler
RED KEY REALTY INC
Buyer's Agent
Rhonda Spangler
RED KEY REALTY INC
List Price
$259,000
Sold Price
$245,000
Premium/Discount to List
-$14,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.09%
Original Mortgage
$220,500
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2009
Sold by
Dodson Jean B
Bought by
Mayhew Michael D and Gay Andrea N

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
5.18%
Mortgage Type
Credit Line Revolving
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Read Megan D -- None Available
Brookman Dustin K $263,500 First American Title Insuran
Macgibbon Daniel S $245,000 Fidelity National Title Insn
Mayhew Michael D $280,000 First American Title Insura
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Read Megan D $205,716
Previous Owner Brookman Dustin K $210,800
Previous Owner Macgibbon Daniel S $220,500
Previous Owner Mayhew Michael D $28,000
Previous Owner Mayhew Michael D $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $263,500 -2.4% $122 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $269,950 +10.2% $125 / Sq Ft
04/19/2012 04/19/12 Sold $245,000 -5.4% $114 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
08/01/2011 08/01/11 For Sale $259,000 -- $120 / 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 $4,012 $309,300 $58,700 $250,600
2023 $4,012 $277,500 $51,000 $226,500
2022 $3,359 $258,100 $45,000 $213,100
2021 $2,863 $234,700 $42,000 $192,700
2020 $3,021 $232,700 $40,000 $192,700
2019 $2,931 $225,300 $32,600 $192,700
2018 $2,661 $203,200 $32,600 $170,600
2017 $2,495 $197,400 $32,600 $164,800
2016 $2,537 $200,900 $32,600 $168,300
2015 $2,486 $200,900 $32,600 $168,300
2014 $2,486 $203,700 $32,600 $171,100
Source: Public Records

Agents Affiliated with this Home

  • Tim Thompson

    Seller's Agent in 2018

    Tim Thompson

    MKB, REALTORS(r)

    (540) 353-7073

    5 in this area

    146 Total Sales

    Section Image
  • Dana Berenbaum

    Buyer's Agent in 2018

    Dana Berenbaum

    MKB, REALTORS(r)

    (540) 521-4424

    20 in this area

    216 Total Sales

    Section Image
  • Mary Dykstra

    Buyer Co-Listing Agent in 2018

    Mary Dykstra

    MKB, REALTORS(r)

    (540) 314-1110

    5 in this area

    19 Total Sales

    Section Image

  • R

    Seller's Agent in 2012

    Rhonda Spangler

    RED KEY REALTY INC

    (540) 580-5552

    23 Total Sales

    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 853599

Roanoke Valley Association of REALTORS®

APN: 134-0633

Virginia Roanoke City County Roanoke 24015 Raleigh Court

1609 Terrace Rd SW, Roanoke, VA

This home is located at 1609 Terrace Rd SW, Roanoke, VA 24015 since 26 October 2018 and is currently estimated at $412,608, approximately $191 per square foot. This property was built in 1935. 1609 Terrace Rd SW 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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