NOT LISTED FOR SALE

1769 Elbert Dr Unit 1771 Roanoke, VA 24018

Estimated Value: $374,000 - $389,000

6 Beds
4 Baths
2,920 Sq Ft
$131/Sq Ft Est. Value

Last Sold February 21, 2017

Last sale price $220,000 $75 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,237/month

366 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Forced Air Heating and Cooling System
  • Oak Grove Elementary School Rated A-
  • Breakfast Area or Nook
  • Ceiling Fan

About This Home

As of February 2017

Each unit in updated, nice condition. Living level - great room, kitchen, family room, half bath, upper level - three bedrooms, 1 half bath and 1 full. 1,460 square feet per unit. Patio with private backyard. Washer and dryer included. Both sides leased.

Last Buyer's Agent

Michael Waldvogel

WALDVOGEL COMMERCIAL PROPERTIES License #0225079460

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,982

Year Built

  • Built in 1972

Lot Details

  • 0.5

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,920 Sq Ft Home
  • Wired For Sound
  • Ceiling Fan
  • Mountain Views
  • Breakfast Area or Nook

Schools

  • Oak Grove Elementary School
  • Hidden Valley Middle School
  • Hidden Valley High School

Additional Features

  • 0.5 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, exterior maintenance, gas
  • Legal Lot and Block 4 / 2

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Operating Expense $5,012
  • Gross Income $17,788
  • Net Operating Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,982

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Interior Features: Audio-Video Wired, Breakfast Area, Ceiling Fan
  • Heating System: Forced Air Gas
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: Central Cooling
  • Views: Mountain
  • Major Area: 02 - Roanoke County
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • NumberVehicleSpaces: 6.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2017-02-03
  • SubdivisionMap: Sugar Loaf Highlan
  • TotalAnnualExpen: 5012.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

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

Schools

  • Elementary School: Oak Grove
  • Middle School: Hidden Valley
  • High School: Hidden Valley

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.50
  • Lot: 4
  • Present Use: Built-As
  • ZoningCode: MF

Building Info

  • Year Built: 1972

Tax Info

  • Taxes (6 mo): 1982.00
  • FILLTAXID: 076.05-02-53.00-0000

Multi Family

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

MLS Schools

  • Elementary School: Oak Grove
  • HighSchool: Hidden Valley
  • Middle School: Hidden Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2016
Closed on
Feb 10, 2017
Sold by
Collyer Donald R
Bought by
Farthing Nancy W and The Farthing Living Trust
Buyer's Agent
Michael Waldvogel
WALDVOGEL COMMERCIAL PROPERTIES
List Price
$233,416
Sold Price
$220,000
Premium/Discount to List
-$13,416
-5.75%
Current Estimated Value
$381,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,312
Avg. Annual Appreciation
6.53%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Farthing Nancy W $220,000 Fidelity National Title Insu
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2017 02/21/17 Sold $220,000 -5.7% $75 / Sq Ft
02/03/2017 02/03/17 Pending -- -- --
02/03/2016 02/03/16 For Sale $233,416 -- $80 / 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 $2,850 $276,700 $60,000 $216,700
2024 $2,662 $256,000 $49,000 $207,000
2023 $2,336 $220,400 $39,000 $181,400
2022 $2,211 $202,800 $39,000 $163,800
2021 $2,153 $197,500 $39,000 $158,500
2020 $2,081 $190,900 $38,000 $152,900
2019 $2,104 $193,000 $38,000 $155,000
2018 $1,983 $199,300 $38,000 $161,300
2017 $1,983 $181,900 $38,000 $143,900
2016 $1,983 $181,900 $38,000 $143,900
2015 $1,972 $180,900 $38,000 $142,900
2014 $1,975 $181,200 $37,000 $144,200
Source: Public Records

Agents Affiliated with this Home

  • Michael Waldvogel

    Buyer's Agent in 2017

    Michael Waldvogel

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 342-0800

    24 Total Sales

    Michael Waldvogel
    Section Image
  • Krista Vannoy

    Buyer Co-Listing Agent in 2017

    Krista Vannoy

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 225-2490

    24 Total Sales

    Krista Vannoy
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 822697

Roanoke Valley Association of REALTORS®

APN: 076.05-02-53

Virginia Roanoke County Roanoke 24018

1769 Elbert Dr Unit 1771, Roanoke, VA

This home is located at 1769 Elbert Dr Unit 1771, Roanoke, VA 24018 since 03 February 2016 and is currently estimated at $381,312, approximately $130 per square foot. This property was built in 1972. 1769 Elbert Dr Unit 1771 is a home located in Roanoke County with nearby schools including Oak Grove Elementary School, Hidden Valley Middle School, and Hidden Valley 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.

Nearby Homes