NOT LISTED FOR SALE

1624 Terrace Rd SW Roanoke, VA 24015

Raleigh Court Neighborhood

Estimated Value: $464,000 - $528,000

3 Beds
2.5 Baths
2,900 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $330,000 $114 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,235/month

28 Days on Market

Highlights

  • City View
  • Ranch Style House
  • Covered patio or porch
  • Deck
  • No HOA
  • 3 Car Detached Garage

About This Home

As of October 2020

Spacious is this brick ranch in a highly desirable Raleigh Court location within walking distance to Historic Grandin Village! Highlights of the entry level include hardwood floors throughout, large owner's suite with walk-in closet, main level laundry, updated eat-in kitchen, & huge deck perfect for entertaining. The updated lower level features a large bonus room being used as a 4th bedroom, large family room w/ brand new luxury vinyl tile floors, half bath & kitchenette. You'll also find the office/music studio & dual access to the extra-long attached garage. The lower level is perfect for an in-law suite complete with a separate entrance! Off the family room is a covered patio which walks out to the massive 2 car garage which is being used as a man-cave & work area ~

Last Agent to Sell the Property

Sonya Dickinson

MKB, REALTORS(r) License #0225055485 Listed on: 08/24/2020

MKB, REALTORS(r)

Last Buyer's Agent

Natasha Brady

SHEPHERD REALTY GROUP License #0225189355

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,574

Year Built

  • Built in 1988

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70x122
  • Level Lot
  • Property is zoned R-5

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Central Vacuum
  • Ceiling Fan
  • Bay Window
  • Storage
  • City Views
  • Attic Fan

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Detached Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / 28

Community Details

Overview

  • No Home Owners Association
  • Raleigh Court Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,574

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Interior Features: Attic Fan, Ceiling Fan, Storage, Walk-in-Closet
  • Heating System: Gas - Natural
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Central Vacuum, Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Gas, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Bay Window, Covered Porch, Deck, Nat Gas Line Outdoor, Patio, Paved Driveway
  • Views: City
  • AddlCoveredPrkng: Garage Detached
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1900.00
  • ExteriorDoors: Wood
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 3498
  • HalfBathsHalfBathsLowerLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Cox
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 1000.00
  • Major Area: 01 - City of Roanoke
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberAddCovSpaces: 2.00
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • RatifiedContractDt: 2020-09-21
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1900
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2900.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 598.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 598.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV

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: 70x122
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.20
  • Lot: 6
  • ZoningCode: R-5

Building Info

  • Year Built: 1988

Tax Info

  • Taxes (6 mo): 3574.00
  • FILLTAXID: 1340902

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Oct 13, 2020
Sold by
Potecha Jamie Reed and Potecha Ashley Ann
Bought by
Wood Joseph Lee and Wood Christine Malady
Seller's Agent
Sonya Dickinson
MKB, REALTORS(r)
Buyer's Agent
Natasha Brady
SHEPHERD REALTY GROUP
List Price
$344,900
Sold Price
$330,000
Premium/Discount to List
-$14,900
-4.32%
Current Estimated Value
$504,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,257
Avg. Annual Appreciation
8.92%
Original Mortgage
$155,000
Outstanding Balance
$139,181
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$358,656

Purchase Details

Listed on
Apr 25, 2019
Closed on
Jun 19, 2019
Sold by
Smith Lorraine L and Porter Lorraine L
Bought by
Potecha Jamie Reed and Potecha Ashley Ann
Seller's Agent
Chris Smith
LICHTENSTEIN ROWAN, REALTORS(r)
Buyer's Agent
Sonya Dickinson
MKB, REALTORS(r)
List Price
$299,888
Sold Price
$299,000
Premium/Discount to List
-$888
-0.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$269,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2011
Sold by
Woody Marie Ward
Bought by
Prillaman John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.98%
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
Wood Joseph Lee $330,000 Fidelity National Ttl Ins Co
Potecha Jamie Reed $299,000 First Choice Ttl & Setmnt
Prillaman John R $236,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Joseph Lee $155,000
Previous Owner Potecha Jamie Reed $269,000
Previous Owner Prillaman John R $60,000
Previous Owner Woody Marie W $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2020 10/21/20 Sold $330,000 -4.3% $114 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $344,900 +15.4% $119 / Sq Ft
06/24/2019 06/24/19 Sold $299,000 -0.3% $93 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $299,888 +12.3% $93 / Sq Ft
06/19/2014 06/19/14 Sold $267,000 -2.9% $83 / Sq Ft
05/19/2014 05/19/14 Pending -- -- --
04/13/2014 04/13/14 For Sale $274,950 -- $86 / 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 $5,699 $446,200 $58,700 $387,500
2023 $5,699 $379,900 $51,000 $328,900
2022 $4,179 $324,300 $45,000 $279,300
2021 $3,918 $304,200 $43,000 $261,200
2020 $3,729 $289,800 $40,000 $249,800
2019 $3,574 $277,100 $32,600 $244,500
2018 $3,521 $272,800 $32,600 $240,200
2017 $3,425 $272,800 $32,600 $240,200
2016 $3,397 $270,500 $32,600 $237,900
2015 $3,065 $261,700 $32,600 $229,100
2014 $3,065 $243,600 $32,600 $211,000
Source: Public Records

Agents Affiliated with this Home

  • Sonya Dickinson

    Seller's Agent in 2020

    Sonya Dickinson

    MKB, REALTORS(r)

    (540) 353-0123

    8 in this area

    109 Total Sales

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  • N

    Buyer's Agent in 2020

    Natasha Brady

    SHEPHERD REALTY GROUP

    (540) 354-4601

    1 in this area

    108 Total Sales

    Section Image
  • Chris Smith

    Seller's Agent in 2019

    Chris Smith

    LICHTENSTEIN ROWAN, REALTORS(r)

    (540) 537-2967

    1 in this area

    59 Total Sales

    Section Image
  • Vickie Clarke

    Seller's Agent in 2014

    Vickie Clarke

    MKB, REALTORS(r)

    (540) 798-3957

    4 in this area

    134 Total Sales

    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 872643

Roanoke Valley Association of REALTORS®

APN: 134-0902

Virginia Roanoke City County Roanoke 24015 Raleigh Court

1624 Terrace Rd SW, Roanoke, VA

This home is located at 1624 Terrace Rd SW, Roanoke, VA 24015 since 24 August 2020 and is currently estimated at $504,257, approximately $173 per square foot. This property was built in 1988. 1624 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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