$107,000
SOLD JUN 11, 2018

1825 Patterson Ave SW Roanoke, VA 24016

Hurt Park Neighborhood
-- Bed
-- Bath
1,561 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

17% Below List Price

14 Days on Market

Highlights

  • Mountain View
  • Forced Air Heating System
  • 4-minute walk to Hurt Park Community Gardens
  • No HOA
  • Laundry Facilities

About This Home

As of July 2023

West End Duplex ready for positive cash flow. This home offers one 1 bedroom unit, and one 2 bedroom unit, with recent upgrades. New roof, two new water heaters, windows, carpeting, and paint. Projected NOI $12,400

Last Agent to Sell the Property

Joe Kraft

LICHTENSTEIN ROWAN, REALTORS(r) License #0225180222 Listed on: 05/16/2018

LICHTENSTEIN ROWAN, REALTORS(r)

Last Buyer's Agent

Laken Vail

MKB, REALTORS(r) License #0225219302

MKB, REALTORS(r)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $503

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • On-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 1,561 Sq Ft Home
  • Mountain Views
  • Partial Basement

Schools

  • Hurt Park Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 15 / 28

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • West End Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $1,200
  • New Taxes Expense $502
  • Operating Expense $1,704
  • Gross Income $14,400
  • Net Operating Income $12,696

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$503

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Multi-Family
  • Has Basement: Partial Basement
  • Cooling System: Window A/C
  • Views: Mountain
  • ExpensesTaxExp: 502.00
  • Internet Access: Cable
  • Major Area: 01 - City of Roanoke
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2018-05-30
  • TotalAnnualExpen: 1704.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Street

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Laundry Facility

Schools

  • Elementary School: Hurt Park
  • Middle School: James Madison
  • High School: Patrick Henry

Lot Info

  • Lot Dimensions: 50X150
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.17
  • Lot: 15
  • Present Use: Converted

Building Info

  • Year Built: 1925

Tax Info

  • Taxes (6 mo): 502.64
  • FILLTAXID: 1312909

Multi Family

  • Lease Type: Other - See Remarks
  • Tenant Pays: Electricity, Gas
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Hurt Park
  • HighSchool: Patrick Henry
  • Middle School: James Madison

Range of Values:

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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 Change Sq Ft Price
07/22/2025 07/22/25 For Rent $1,050 +31.3% --
12/25/2024 12/25/24 Off Market $800 -- --
12/02/2024 12/02/24 For Rent $800 0.0% --
07/06/2023 07/06/23 Sold $165,000 -2.9% $99 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $170,000 +58.9% $102 / Sq Ft
06/11/2018 06/11/18 Sold $107,000 -17.4% $69 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $129,500 +107.2% $83 / Sq Ft
06/09/2017 06/09/17 Sold $62,500 -21.8% $40 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
10/16/2016 10/16/16 For Sale $79,950 -- $51 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Alex Taylor

    Seller's Agent in 2023

    Alex Taylor

    MAC WESTLAND REAL ESTATE GROUP

    (540) 522-8757

    2 in this area

    98 Total Sales

    Section Image
  • Renee Fonteneau

    Buyer's Agent in 2023

    Renee Fonteneau

    NEST REALTY ROANOKE

    (518) 730-7272

    1 in this area

    69 Total Sales

    Section Image
  • Joe Kraft

    Seller's Agent in 2018

    Joe Kraft

    LICHTENSTEIN ROWAN, REALTORS(r)

    (727) 296-7492

    3 in this area

    346 Total Sales

    Section Image
  • Laken Vail

    Buyer's Agent in 2018

    Laken Vail

    MKB, REALTORS(r)

    (540) 989-4555

    3 in this area

    73 Total Sales

    Section Image
  • Jack Frye

    Seller's Agent in 2017

    Jack Frye

    YOUNG REALTY COMPANY

    (540) 580-7484

    2 in this area

    112 Total Sales

    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 848490

Roanoke Valley Association of REALTORS®

APN: 131-2909

Virginia Roanoke City County Roanoke 24016 Hurt Park

1825 Patterson Ave SW, Roanoke, VA

This home is located at 1825 Patterson Ave SW, Roanoke, VA 24016 and is currently priced at $107,000, approximately $68 per square foot. This property was built in 1925. 1825 Patterson Ave SW is a home located in Roanoke City with nearby schools including Hurt Park Elementary School, James Madison Middle School, and Patrick Henry 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.

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