NOT LISTED FOR SALE

1625 Read Mountain Rd NE Roanoke, VA 24019

Monterey Neighborhood

Estimated Value: $271,000 - $316,000

4 Beds
2 Baths
1,464 Sq Ft
$202/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $125,398 $86 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,882/month

15 Days on Market

Highlights

  • 0.56 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Wooded Lot

About This Home

As of October 2016

BEAUTIFUL HOME WITH 4 BEDROOMS, 2 BATHS LARGE EAT IN KITCHEN WITH BREAKFAST BAR, LARGE LIVING ROOM DECK AND LARGE PRIVATE YARD. Earnest money is 10% on cash offers. Use Offer form attached. Send copy of earnest money and Proof of Funds letter w/Offer. Offers held 3 business days. PLEASE SEND ME A COPY OF THE DEPOSIT CHECK & PROOF OF FUNDS WITH ALL OFFERS. BUYER TO VERIFY ALL INFORMATION. EQUAL HOUSING OPPORTUNITY.

Last Agent to Sell the Property

Bonnie Hall

GRACIOUS LIVING REALTY License #0205054572 Listed on: 08/18/2016

Last Buyer's Agent

K J Mehmood

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225178333

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,846

Year Built

  • Built in 1997

Lot Details

  • 0.56 Acre Lot
  • Wooded Lot

Home Design

  • Split Foyer
  • Brick Exterior Construction

Interior Spaces

  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Monterey Elementary School
  • James Breckinridge Middle School
  • William Fleming High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Read Mountain Estates Subdivision

Listing and Financial Details

  • Tax Lot 1

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,846

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Cooling System: Central Cooling
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • BedroomsBRLowerLevel: 1
  • EntryAboveGrdFin Sq Ft: 1111.00
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 2162
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 353.00
  • Major Area: 01 - City of Roanoke
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2016-09-02
  • Residential Type: Detached
  • Style Of House: Split-Foyer
  • Total Above Grd Fin S Q F T: 1111
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1464.00
  • TotalUnfin Sq Ft: 698.00
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 698.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Schools

  • Elementary School: Monterey
  • Middle School: James Breckinridge
  • High School: William Fleming

Lot Info

  • Lot Description: Varied, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.56
  • Lot: 1

Building Info

  • Year Built: 1997

Tax Info

  • Taxes (6 mo): 1846.00
  • FILLTAXID: 7380115

MLS Schools

  • Elementary School: Monterey
  • HighSchool: William Fleming
  • Middle School: James Breckinridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2016
Closed on
Oct 27, 2016
Sold by
The Secretary Of Veteranas Affairs
Bought by
Tucer Travon E
Seller's Agent
Bonnie Hall
GRACIOUS LIVING REALTY
Buyer's Agent
K J Mehmood
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$126,600
Sold Price
$125,398
Premium/Discount to List
-$1,202
-0.95%
Current Estimated Value
$296,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,026
Avg. Annual Appreciation
10.11%
Original Mortgage
$125,398
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 2, 2016
Sold by
Durham Elizabeth A and Durham Jeffery Lee
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Sep 29, 2010
Sold by
Durham Jeffery Lee and Durham Elizabeth A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 13, 2008
Sold by
Equity Trust Company Custodian and Moore Ira Paul Thomas
Bought by
Durham Jeffery Lee and Durham Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,704
Interest Rate
6%
Mortgage Type
VA

Purchase Details

Closed on
Mar 19, 2008
Sold by
Baker Timothy L and Boyd Baker Karen K
Bought by
Equity Trust Co and Moore Ira Paul Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,704
Interest Rate
6%
Mortgage Type
VA
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
Tucer Travon E $125,398 First American Title
Secretary Of Veterans Affairs $117,670 None Available
Wells Fargo Bank Na -- None Available
Durham Jeffery Lee $175,900 Lawyers Title Insurance Corp
Equity Trust Co $123,500 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tucer Travon E $125,398
Previous Owner Durham Jeffery Lee $181,704
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $125,398 -0.9% $86 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $126,600 -- $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
2025 $3,718 $283,000 $58,200 $224,800
2024 $3,718 $268,900 $52,000 $216,900
2023 $3,536 $240,100 $44,500 $195,600
2022 $2,753 $192,200 $37,000 $155,200
2021 $2,344 $175,200 $34,700 $140,500
2020 $2,220 $166,100 $34,700 $131,400
2019 $2,155 $160,800 $32,500 $128,300
2018 $2,070 $154,700 $32,500 $122,200
2017 $1,966 $154,100 $32,500 $121,600
2016 $1,964 $153,900 $32,500 $121,400
2015 $1,831 $153,900 $32,500 $121,400
2014 $1,831 $153,900 $32,500 $121,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 829620

Roanoke Valley Association of REALTORS®

APN: 7380115