NOT LISTED FOR SALE
4 Beds
2 Baths
1,954 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: March 6, 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

7,405 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,407 $197,300 $31,500 $165,800
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

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 895738

Roanoke Valley Association of REALTORS®

APN: 322-1506

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