NOT LISTED FOR SALE

1623 Redwood Rd SE Roanoke, VA 24014

Riverdale Neighborhood
5 Beds
2 Baths
2,080 Sq Ft
9,148 Sq Ft Lot

Last Sold August 26, 2015

Last sale price $103,000 $50 Per Sq Ft

135 Days on Market

About This Home

As of August 2015

Unique "box style" duplex w/ nice updates & good rental income! 2BR right side rents for $640; 3BR left side rents for $715; both on 1-year leases. Around $19K in updates since 2011, inc: new electrical service (2011); new paint, carpet, & blinds (2014); & more. Sale includes 2 sets of appliances. Priced below tax value of $123,100 - great opportunity for investors or owner/occupants!

Last Agent to Sell the Property

Brian & Rachelle Smith

RE/MAX ALL POINTS License #0225058049 Listed on: 02/13/2015

RE/MAX ALL POINTS

Last Buyer's Agent

Tiffany Franklin

WAINWRIGHT & CO., REALTORS(r) License #0225190837

WAINWRIGHT & CO., REALTORS(r)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,465

Year Built

  • Built in 1974

Lot Details

  • Lot Dimensions are 50x180

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,080 Sq Ft Home
  • Basement
  • Dirt Floor

Schools

  • Garden City Elementary School
  • Patrick Henry High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 12 / 1

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Rosewood Park Subdivision

Building Details

  • 2 Leased Units
  • Insurance Expense $520
  • Water Sewer Expense $1,020
  • New Taxes Expense $1,465
  • Operating Expense $3,025
  • Gross Income $16,260
  • Net Operating Income $13,255

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,465

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Heating System: Baseboard Electric
  • Type: Multi-Family
  • Has Basement: Dirt - Partial
  • Cooling System: Window A/C
  • ExpensesTaxExp: 1465.00
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Cox
  • Major Area: 01 - City of Roanoke
  • MiscellaneousInfoPublicTransport: Yes
  • MiscellaneousInfoUpgrades: Elec Serv (2011)
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • NumberVehicleSpaces: 4.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2015-06-28
  • TotalAnnualExpen: 3025.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Other - See Remarks

Utilities

  • Sewer Description: Public Sewer
  • Expenses Water Exp: 1020.00
  • Water Description: Public Water
  • Water Heater Type: Tank

Schools

  • Elementary School: Garden City
  • High School: Patrick Henry

Lot Info

  • Lot Dimensions: 50x180
  • Property Group Id: 19990816212116581394000000
  • Lot: 12
  • ZoningCode: RM-1

Building Info

  • Year Built: 1974

Tax Info

  • Taxes (6 mo): 1465.00
  • FILLTAXID: 4350312

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Cable TV, Electricity
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Garden City
  • HighSchool: Patrick Henry

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

Property History

Date Event Price Change Sq Ft Price
08/26/2015 08/26/15 Sold $103,000 -12.3% $50 / Sq Ft
06/28/2015 06/28/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $117,500 -- $56 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brian & Rachelle Smith

    Seller's Agent in 2015

    Brian & Rachelle Smith

    RE/MAX

    (540) 556-9901

    97 Total Sales

    Section Image

  • T

    Buyer's Agent in 2015

    Tiffany Franklin

    WAINWRIGHT & CO., REALTORS(r)

    (540) 588-5819

    13 Total Sales

    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 811885

Roanoke Valley Association of REALTORS®

APN: 435-0312

Virginia Roanoke City County Roanoke 24014 Riverdale

1623 Redwood Rd SE, Roanoke, VA

This home is located at 1623 Redwood Rd SE, Roanoke, VA 24014 since 13 February 2015. This property was built in 1974. 1623 Redwood Rd SE is a home located in Roanoke City with nearby schools including Garden City Elementary School, John P Fishwick 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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