NOT LISTED FOR SALE

1612 Terrace Rd SW Roanoke, VA 24015

Raleigh Court Neighborhood

Estimated Value: $386,000 - $481,000

3 Beds
1.5 Baths
1,857 Sq Ft
$228/Sq Ft Est. Value

Last Sold February 21, 2018

Last sale price $250,000 $135 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,767/month

3 Days on Market

Highlights

  • City View
  • No HOA
  • Fenced Yard
  • Living Room with Fireplace
  • Screened Porch
  • Attached Garage

About This Home

As of February 2018

This Beautiful Cape Cod, built for Roanoke Historian Hansford T. Harvey, is ready for you to move in and unpack! New HVAC, roof is about 5 years old, new screened in porch and stone paver patio for entertaining in the fenced in backyard. The kitchen has granite counter tops, new appliances, 2 fireplaces, one gas and one wood burning! This house has numerous architectural features like built in drawers in the master bedroom and bookshelves in the study.This home is truly unique and wont last long! Come see!

Last Agent to Sell the Property

Liz Graham

LICHTENSTEIN ROWAN, REALTORS(r) License #0225189995 Listed on: 01/18/2018

Last Buyer's Agent

Rick Stover

RE/MAX ALL STARS License #0225177344

RE/MAX ALL STARS

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,785

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 50 x 125
  • Fenced Yard
  • Gentle Sloping Lot

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Bookcases
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Screened Porch
  • Storage
  • City Views
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Raleigh Court Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 28

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,785

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Gas Log Fireplace, Masonry Fireplace, Storage, Walk-in-Closet
  • Heating System: Forced Air Gas
  • Fireplace(s): Den, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Fenced Yard, Patio, Screened Porch
  • Views: City
  • BedroomsBRUpperLevel: 3
  • EntryAboveGrdFin Sq Ft: 1053.00
  • ExteriorDoors: Full View
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 1857
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable, DSL
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 200.00
  • Major Area: 01 - City of Roanoke
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2018-01-21
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 1657
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1857.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 604.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Paved Road

Schools

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

Lot Info

  • Lot Description: Gentle Slope
  • Lot Dimensions: 50 x 125
  • Property Group Id: 19990816212109142258000000
  • Lot: 3

Building Info

  • Year Built: 1940

Tax Info

  • Taxes (6 mo): 2785.00
  • FILLTAXID: 1340905

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2018
Closed on
Apr 4, 2018
Sold by
Shepard Jean M
Bought by
Shepard Jean M and Jean M Shepard Trust
Seller's Agent
Liz Graham
LICHTENSTEIN ROWAN, REALTORS(r)
Buyer's Agent
Rick Stover
RE/MAX ALL STARS
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%
Current Estimated Value
$437,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,340
Avg. Annual Appreciation
8.03%

Purchase Details

Listed on
Jan 18, 2018
Closed on
Feb 1, 2018
Sold by
White Rachel
Bought by
Shepard Jean M
Seller's Agent
Liz Graham
LICHTENSTEIN ROWAN, REALTORS(r)
Buyer's Agent
Rick Stover
RE/MAX ALL STARS
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%

Purchase Details

Closed on
Mar 6, 2017
Sold by
White Michael J and White Rachel
Bought by
White Rachel

Purchase Details

Listed on
Apr 8, 2014
Closed on
May 12, 2014
Sold by
Shortell Kirk T and Shortell Marsha M
Bought by
Smith Billy Jack
Seller's Agent
Daniel Brown
EXECUTIVE REALTY INC
Buyer's Agent
Kimberly Payne
MKB, REALTORS(r)
List Price
$239,950
Sold Price
$236,600
Premium/Discount to List
-$3,350
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%
Original Mortgage
$224,770
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2007
Sold by
Bennett Sylvia G
Bought by
Shortell Kirk T and Shortell Marsha M
Source: Public Records

Range of Values:

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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
Shepard Jean M -- Fidelity National Title Insu
Shepard Jean M $250,000 Fidelity National Title Insu
White Rachel -- None Available
Smith Billy Jack $236,600 Multiple
Shortell Kirk T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Billy Jack $224,770
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2018 02/21/18 Sold $250,000 -2.0% $135 / Sq Ft
01/21/2018 01/21/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $255,000 +8.5% $137 / Sq Ft
01/29/2016 01/29/16 Sold $235,000 -2.1% $127 / Sq Ft
12/16/2015 12/16/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $239,950 +1.4% $129 / Sq Ft
05/16/2014 05/16/14 Sold $236,600 -1.4% $127 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $239,950 -- $129 / 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 $4,477 $351,400 $58,700 $292,700
2023 $4,477 $315,500 $51,000 $264,500
2022 $3,711 $290,100 $45,000 $245,100
2021 $3,243 $265,800 $43,000 $222,800
2020 $3,233 $252,700 $40,000 $212,700
2019 $3,096 $241,500 $32,600 $208,900
2018 $2,935 $228,300 $32,600 $195,700
2017 $2,760 $221,800 $32,600 $189,200
2016 $2,758 $221,600 $32,600 $189,000
2015 $2,338 $205,500 $32,600 $172,900
2014 $2,338 $195,700 $32,600 $163,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Liz Graham

    LICHTENSTEIN ROWAN, REALTORS(r)

    (540) 293-5250

    33 Total Sales

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  • Rick Stover

    Buyer's Agent in 2018

    Rick Stover

    RE/MAX

    (540) 354-9628

    8 in this area

    440 Total Sales

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  • Ryan Nicely

    Buyer Co-Listing Agent in 2018

    Ryan Nicely

    RE/MAX

    (540) 769-9019

    8 in this area

    446 Total Sales

    Section Image
  • Kimberly Payne

    Seller's Agent in 2016

    Kimberly Payne

    MKB, REALTORS(r)

    (540) 589-3991

    19 in this area

    68 Total Sales

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  • Norm Pullen

    Buyer's Agent in 2016

    Norm Pullen

    KELLER WILLIAMS REALTY ROANOKE

    (540) 330-6906

    28 in this area

    399 Total Sales

    Section Image
  • Daniel Brown

    Seller's Agent in 2014

    Daniel Brown

    EXECUTIVE REALTY INC

    (540) 989-0911

    3 in this area

    127 Total Sales

    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 844342

Roanoke Valley Association of REALTORS®

APN: 1340905

Virginia Roanoke City County Roanoke 24015 Raleigh Court

1612 Terrace Rd SW, Roanoke, VA

This home is located at 1612 Terrace Rd SW, Roanoke, VA 24015 since 18 January 2018 and is currently estimated at $423,752, approximately $228 per square foot. This property was built in 1940. 1612 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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