NOT LISTED FOR SALE

1616 Terrace Rd SW Roanoke, VA 24015

Raleigh Court Neighborhood

Estimated Value: $335,615 - $391,000

3 Beds
1.5 Baths
1,631 Sq Ft
$228/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $175,000 $107 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,347/month

35 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Screened Porch
  • Living Room with Fireplace
  • No HOA
  • Fenced Yard

About This Home

As of October 2012

Wood floors, butler's pantry great for small breakfast area, newer roof, hvac & kitchen countertops, walk up attic with cedar lined closet, gas log fireplace in living room, attached screened porch for gracious entertaining. Appeal & convenience. Access to garage from alley. Deck & Shady backyard. Selling at discount.

Last Agent to Sell the Property

SHANNON HINES

WAINWRIGHT & CO., REALTORS(r) License #0225197656 Listed on: 07/27/2012

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,300

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 125
  • Fenced Yard
  • Level Lot

Home Design

  • Ranch Style House

Interior Spaces

  • 1,631 Sq Ft Home
  • Bookcases
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Partial Basement
  • Attic Fan
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Outdoor Features

  • Deck

Schools

  • Wasena Elementary School
  • Woodrow Wilson Middle School
  • Patrick Henry High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 28

Community Details

Overview

  • No Home Owners Association
  • Raleigh Court Subdivision

Amenities

  • Restaurant
  • Public Transportation

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,300

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Gas Log Fireplace
  • Heating System: Forced Air Gas
  • Fireplace(s): Living Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Dishwasher, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Deck, Fenced Yard, Screened Porch
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1631.00
  • ExteriorDoors: Wood
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 2931
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Cox
  • LaundryLaundryLowerLevel: 1
  • Major Area: 01 - City of Roanoke
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2012-08-31
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • SubdivisionMap: Raleigh Court
  • Total Above Grd Fin S Q F T: 1631
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1631.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 1300.00
  • Uncovered Parking: Street Parking
  • Unfinished Attached S Q F T Upper S Q F T Unfin Old: 1300.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Side Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior, Paved Road

Schools

  • Elementary School: Wasena
  • Middle School: Woodrow Wilson
  • High School: Patrick Henry

Green Features

  • Energy Features: Attic Fan

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 60 x 125
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.17
  • Lot: 4

Building Info

  • Year Built: 1940

Tax Info

  • Taxes (6 mo): 2300.00
  • FILLTAXID: 1340904

MLS Schools

  • Elementary School: Wasena
  • HighSchool: Patrick Henry
  • Middle School: Woodrow Wilson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2012
Sold by
Kern Anthony Y
Bought by
Miller Sarh
Current Estimated Value
$376,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,250
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2011
Sold by
Martin Samuel S and Martin Kimberly S
Bought by
Kern Anthony Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,790
Interest Rate
4.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Miller Sarh $175,000 Preferred Settlement & Title
Kern Anthony Y $199,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Sarah A $128,000
Closed Miller Sarah A $48,000
Previous Owner Miller Sarh $151,250
Previous Owner Kern Anthony Y $159,200
Previous Owner Kern Anthony Y $180,790
Previous Owner Martin Samuel S $20,000
Previous Owner Martin Samuel S $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2012 10/31/12 Sold $175,000 -2.7% $107 / Sq Ft
08/31/2012 08/31/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $179,900 -- $110 / 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 $3,416 $263,100 $58,700 $204,400
2023 $3,416 $254,400 $51,000 $203,400
2022 $3,020 $232,400 $45,000 $187,400
2021 $2,693 $220,700 $43,000 $177,700
2020 $2,719 $209,700 $40,000 $169,700
2019 $2,596 $199,600 $32,600 $167,000
2018 $2,547 $195,600 $32,600 $163,000
2017 $2,374 $189,300 $32,600 $156,700
2016 $2,349 $187,200 $32,600 $154,600
2015 $2,083 $187,400 $32,600 $154,800
2014 $2,083 $178,500 $32,600 $145,900
Source: Public Records

Agents Affiliated with this Home

  • SHANNON HINES

    Seller's Agent in 2012

    SHANNON HINES

    WAINWRIGHT & CO., REALTORS(r)

    (540) 520-8316

    2 in this area

    107 Total Sales

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 784130

Roanoke Valley Association of REALTORS®

APN: 1340904

Virginia Roanoke City County Roanoke 24015 Raleigh Court

1616 Terrace Rd SW, Roanoke, VA

This home is located at 1616 Terrace Rd SW, Roanoke, VA 24015 since 27 July 2012 and is currently estimated at $372,154, approximately $228 per square foot. This property was built in 1940. 1616 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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