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

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® License #0225180222 Listed on: 02/01/2023

LICHTENSTEIN ROWAN, REALTORS®

Last Buyer's Agent

Mitch Jearls

MKB, REALTORS® License #0225216090

MKB, REALTORS®
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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

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2023
Sold by
Blue Key Investments Llc
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$422,775
Interest Rate
7.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 19, 2023
Sold by
Brick By Brick Investments Llc
Bought by
Blue Key Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 1, 2023
Closed on
Feb 24, 2023
Sold by
1008 Holdings Llc
Bought by
Brick By Brick Investments Llc
Seller's Agent
Joe Kraft
LICHTENSTEIN ROWAN, REALTORS®
Buyer's Agent
Mitch Jearls
MKB, REALTORS®
List Price
$174,350
Sold Price
$174,350

Purchase Details

Closed on
Apr 6, 2021
Sold by
Downtown Holdings Llc
Bought by
Prime Realty Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,200
Interest Rate
2.9%

Purchase Details

Closed on
Mar 1, 2021
Sold by
Hamby Kenneth W
Bought by
Quick Fix Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,200
Interest Rate
2.9%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Wildwood, VA

  • Tammy Shepherd Real Estate Agent - SHEPHERD REALTY GROUP

    Tammy Shepherd

    SHEPHERD REALTY GROUP

    (540) 666-6265

    257 Total Sales

    1 in Wildwood

    $139,950 Price

    Tammy Shepherd
     Section Image
  • Steven Lee Real Estate Agent - RED KEY REALTY INC

    Steven Lee

    RED KEY REALTY INC

    (540) 900-3554

    59 Total Sales

    1 in Wildwood

    $180,147 Price

    Steven Lee
     Section Image
  • Kat Pascal Real Estate Agent - MOUNTAIN VIEW REAL ESTATE LLC

    Kat Pascal

    MOUNTAIN VIEW REAL ESTATE LLC

    (540) 384-9221

    26 Total Sales

    1 in Wildwood

    $190,000 Price

    Kat Pascal
     Section Image
  • Brad Thomas Real Estate Agent - MOUNTAIN VIEW REAL ESTATE LLC

    Brad Thomas

    Responds Quickly

    MOUNTAIN VIEW REAL ESTATE LLC

    (540) 900-1493

    553 Total Sales

    4 in Wildwood

    $130K - $424K Price Range

    Brad Thomas
     Section Image
  • Judy Hillman Real Estate Agent - LONG & FOSTER - ROANOKE OFFICE

    Judy Hillman

    LONG & FOSTER - ROANOKE OFFICE

    (540) 900-2923

    86 Total Sales

    2 in Wildwood

    $135K - $150K Price Range

    Judy Hillman
     Section Image

  • DS

    David Spangler

    Responds Quickly

    KELLER WILLIAMS REALTY ROANOKE

    (540) 302-6876

    171 Total Sales

    1 in Wildwood

    $206,000 Price

    David Spangler
     Section Image
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Purchase 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 Buyer Sale Price Title Company
-- Virginia Title
Blue Key Investments Llc -- Virginia Title Center
Brick By Brick Investments Llc $174,350 Virginia Title Center
Prime Realty Partners Llc $288,000 First Choice Title
Quick Fix Real Estate Llc $440,000 First Choice Title & Setmnt
Downtown Holdings Llc $205,000 Accommodation
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $440,000
Previous Owner Blue Key Investments Llc $172,000
Previous Owner Prime Realty Partners Llc $43,200
Previous Owner Prime Realty Partners Llc $43,200
Previous Owner Prime Realty Partners Llc $230,400
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

  • Joe Kraft Real Estate Agent - LICHTENSTEIN ROWAN, REALTORS®

    Seller's Agent in 2023

    Joe Kraft

    LICHTENSTEIN ROWAN, REALTORS®

    (727) 296-7492

    3 in this area

    223 Total Sales

    Joe Kraft
    Section Image
  • Mitch Jearls Real Estate Agent - MKB, REALTORS®

    Buyer's Agent in 2023

    Mitch Jearls

    MKB, REALTORS®

    (540) 641-2390

    1 in this area

    239 Total Sales

    Mitch Jearls
    Section Image

  • DJ

    Buyer's Agent in 2023

    DAVID JEARLS

    MCCRAW REAL ESTATE

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

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.

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