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
  • RatifiedContractDt: 2023-02-02
  • 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

Schools

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

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
  • FILLTAXID: 3221506

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

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

Property History

Date Event Price Change Sq Ft Price
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 Compared to Growth

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

    333 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

    243 Total Sales

    Mitch Jearls
    Section Image
See All Agents

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

This home is located at 1812 Purcell Ave NE, Roanoke, VA 24012 since 01 February 2023. This property was built in 1972. 1812 Purcell Ave NE is a home located in Roanoke City with nearby schools including Fallon Park Elementary School, John P Fishwick Middle School, and William Fleming 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