NOT LISTED FOR SALE

1615 Eastgate Ave NE Roanoke, VA 24012

Eastgate Neighborhood

Estimated Value: $137,000 - $157,024

2 Beds
1 Bath
896 Sq Ft
$168/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $117,000 $131 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $948/month

39 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Covered Patio or Porch

About This Home

As of January 2024

ADORABLE MOVE IN READY HOME. THIS HOME HAS BEEN BEAUTIFULLY REMODELED. IT HAS NEW WINDOWS, NEW WATER HEATER, NEW HEAT PUMP ALL NEW LAMINATE FLOORING, FRESH PAINT AND UPDATED KITCHEN AND BATH, PLUS 1ST FLOOR LAUNDRY. COVERED FRONT AND BACK PORCH. THERE IS NOTHING TO DO BUT MOVE IN. THIS HOME IS SOLD AS IS. SELLER WILL MAKE NO REPAIRS. SELLER WILL NOT PAY CLOSING COST. BUYER RESPONSIBLE FOR ANY AND ALL INSPECTIONS. INSPECTIONS WELCOME AT BUYERS EXPENSE. MINIMUM EMD $2000. I MUST HAVE A COPY OF EMD CHECK AND PRE-QUAL OR PROOF OF FUNDS WITH YOUR OFFER. BUYER OR BUYERS AGENT TO VERIFY ALL INFORMATION. PARKING IN BACK OFF THE ALLEY. LOCKBOX ON THE BACK DOOR.

Last Agent to Sell the Property

Bonnie Hall

GRACIOUS LIVING REALTY License #0205054572 Listed on: 11/17/2023

Last Buyer's Agent

Cory Feagin

WAINWRIGHT & CO., REALTORS(r) License #0225215071

WAINWRIGHT & CO.,  REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $836

Year Built

  • Built in 1947

Lot Details

  • 5,227

Home Design

  • Ranch Style House

Interior Spaces

  • 896 Sq Ft Home
  • Partial Basement
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Fallon Park Elementary School
  • Lucy Addison Middle School
  • William Fleming High School

Additional Features

  • Covered Patio or Porch
  • 5,227 Sq Ft Lot
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / 23

Home Details

Home Type

Single Family

Est. Annual Taxes

$836

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 896.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 896
  • LaundryLaundryEntryLevel: 1
  • Major Area: 01 - City of Roanoke
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2023-12-26
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: EAST GATE
  • Total Above Grd Fin S Q F T: 896
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 896.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Maint-Free Exterior

Schools

  • Elementary School: Fallon Park
  • Middle School: Lucy Addison
  • High School: William Fleming

Lot Info

  • Lot Description: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.12
  • Lot: 4

Building Info

  • Year Built: 1947

Tax Info

  • Taxes (6 mo): 835.70
  • FILLTAXID: 323-1404

MLS Schools

  • Elementary School: Fallon Park
  • HighSchool: William Fleming
  • Middle School: Lucy Addison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Jan 23, 2024
Sold by
Star City Investments Llc
Bought by
Reeder Richard S
Seller's Agent
Bonnie Hall
GRACIOUS LIVING REALTY
Buyer's Agent
Cory Feagin
WAINWRIGHT & CO., REALTORS(r)
List Price
$139,950
Sold Price
$117,000
Premium/Discount to List
-$22,950
-16.4%
Views
82
Current Estimated Value
$150,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,506
Avg. Annual Appreciation
7.01%

Purchase Details

Closed on
Sep 26, 2022
Sold by
Northwood Properties Llc
Bought by
Star City Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,200
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2009
Sold by
Webb Tony Lee and Brooks Robin
Bought by
Northwood Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,894
Interest Rate
5.28%
Mortgage Type
Credit Line Revolving
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
Reeder Richard S $117,000 First Choice Title
Star City Investments Llc $50,000 First Choice Title & Settlemen
Northwood Properties Llc $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Star City Investments Llc $588,000
Previous Owner Star City Investments Llc $47,200
Previous Owner Northwood Properties Llc $48,500
Previous Owner Northwood Properties Llc $37,894
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $117,000 -11.7% $131 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
12/21/2023 12/21/23 Price Changed $132,500 -1.8% $148 / Sq Ft
12/04/2023 12/04/23 Price Changed $134,950 -3.6% $151 / Sq Ft
11/17/2023 11/17/23 For Sale $139,950 -- $156 / 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 $1,534 $77,600 $20,700 $56,900
2023 $1,105 $68,500 $17,400 $51,100
2022 $867 $59,000 $13,200 $45,800
2021 $777 $52,100 $11,800 $40,300
2020 $757 $51,500 $11,800 $39,700
2019 $723 $48,700 $11,800 $36,900
2018 $735 $49,700 $11,800 $37,900
2017 $639 $49,700 $11,800 $37,900
2016 $639 $49,700 $11,800 $37,900
2015 $757 $49,700 $11,800 $37,900
2014 $757 $61,000 $11,800 $49,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 903316

Roanoke Valley Association of REALTORS®

APN: 323-1404