NOT LISTED FOR SALE

1812 Purcell Ave NE Roanoke, VA 24012

Wildwood Neighborhood
4 Beds
2 Baths
1,954 Sq Ft
7,405 Sq Ft Lot

Last Sold March 06, 2023

Last sale price $174,350 $89 Per Sq Ft

1 Day on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 4-minute walk to Thrasher Park

About This Home

As of March 2023

Excellent addition to seasoned or new investors rental portfolio. 100% occupied duplex with future opportunity for value add cash flow. Both units are 2 bedroom, 1 bath with in unit washer and dryer hook-ups. Low maintenance exterior, off street parking.

Last Agent to Sell the Property

Joe Kraft

LICHTENSTEIN ROWAN, REALTORS(r) License #0225180222 Listed on: 02/01/2023

LICHTENSTEIN ROWAN, REALTORS(r)

Last Buyer's Agent

Mitch Jearls

MKB, REALTORS(r) License #0225216090

MKB, REALTORS(r)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,946

Year Built

  • Built in 1972

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • 1,954 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Schools

  • Fallon Park Elementary School
  • John P. Fishwick Middle School
  • William Fleming High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 7A / 19

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Insurance Expense $586
  • Maintenance Expense $1,488
  • Manager Expense $1,302
  • Water Sewer Expense $720
  • New Taxes Expense $1,946
  • Operating Expense $6,972
  • Gross Income $17,400
  • Net Operating Income $10,428

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,946

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Heating System: Forced Air Electric
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: Central Cooling
  • CondoAssocYN: No
  • ExpensesManagementExp: 1302.00
  • ExpensesTaxExp: 1946.00
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • NumberVehicleSpaces: 4.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 6972.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • 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
  • Expenses Water Exp: 720.00
  • Water Description: Public Water
  • Water Heater Type: Tank

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.17
  • Lot: 7A
  • Present Use: Built-As
  • ZoningCode: RM-1

Building Info

  • Year Built: 1972

Tax Info

  • Taxes (6 mo): 1946.00

Multi Family

  • Tenant Pays: Electricity
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Fallon Park
  • HighSchool: William Fleming
  • Middle School: John P. Fishwick
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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 List to Sale Price per Sq Ft
03/06/2023 03/06/23 Sold $174,350 0.0% $89 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $174,350 -- $89 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $2,678 $197,300 $31,500 $165,800
2024 $2,678 $184,200 $26,300 $157,900
2023 $2,514 $143,600 $17,300 $126,300
2022 $1,946 $138,500 $13,600 $124,900
2021 $1,520 $124,600 $12,100 $112,500
2020 $1,715 $122,200 $11,900 $110,300
2019 $1,680 $119,300 $11,200 $108,100
2018 $1,680 $119,300 $11,200 $108,100
2017 $1,437 $115,100 $11,200 $103,900
2016 $1,437 $115,100 $11,200 $103,900
2015 $1,329 $111,700 $11,200 $100,500
2014 $1,329 $111,700 $11,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Kraft

    Seller's Agent in 2023

    Joe Kraft

    LICHTENSTEIN ROWAN, REALTORS(r)

    (727) 296-7492

    3 in this area

    298 Total Sales

    Joe Kraft
    Section Image
  • Mitch Jearls

    Buyer's Agent in 2023

    Mitch Jearls

    MKB, REALTORS(r)

    (540) 641-2390

    1 in this area

    259 Total Sales

    Mitch Jearls
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 895738

Roanoke Valley Association of REALTORS®

APN: 322-1506

Virginia Roanoke City County Roanoke 24012 Wildwood

1812 Purcell Ave NE, Roanoke, VA

Not Listed for Sale

MultiFamily

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