NOT LISTED FOR SALE

1857 Grandin Rd SW Roanoke, VA 24015

Raleigh Court Neighborhood

Estimated Value: $1,265,214

8 Beds
10 Baths
12,938 Sq Ft
$98/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $1,105,000 $85 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,151/month

8 Days on Market

Highlights

  • 0.73 Acre Lot
  • Great Room with Fireplace
  • No HOA
  • Grandin Court Elementary School Rated A-
  • Furnished
  • 1-minute walk to Explore Park

About This Home

As of November 2022

Historical local landmark in the heart of Grandin/Raleigh Court. This elegant mansion venue is being offered as a turnkey B & B business ideally fitted for a variety of ballroom, garden and banquet hall events. It could also be transformed back into an elegant private home, office or dream space. The main home has countless details of charm with 5 bed/baths, a 2000 sq ft ballroom, 3rd floor apartment and so much more. An adjoining carriage house/office and onsite parking accommodates this well-known venue. Enjoy outdoor entertaining on the terrace, patio or grilling area. The property is within walking distance to Grandin Village, close to RMH, local colleges, green way trails and easy access to I-81. Step into a successful turnkey business with contracted events booked into Spring of 2023

Last Agent to Sell the Property

Jill Woltz

LICHTENSTEIN ROWAN, REALTORS(r) License #0225057860 Listed on: 10/25/2022

Last Buyer's Agent

Tony Crouch

MAC WESTLAND REAL ESTATE GROUP License #0225207022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,537

Year Built

  • Built in 1916

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 127 x 250
  • Fenced Yard
  • Level Lot
  • Property is zoned R2 Mix Density

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Doors
  • Great Room with Fireplace
  • 2 Fireplaces
  • Alarm System

Kitchen

  • Electric Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Fireplace in Basement

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Covered patio or porch
  • Shed
  • Outdoor Grill

Schools

  • Grandin Court Elementary School
  • Woodrow Wilson Middle School
  • Patrick Henry High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heat Pump System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Grandin Court Subdivision

Listing and Financial Details

  • Legal Lot and Block 16A / 13

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,537

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Interior Features: Alarm, Ceiling Fan, Gas Log Fireplace, Wet Bar
  • Heating System: Forced Air Electric, Heat Pump Electric
  • Fireplace(s): Basement, Great Room
  • Type: Residential
  • Has Basement: Partial Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Freezer, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric, Window A/C
  • Outside Features: Covered Porch, Fenced Yard, Outdoor Barbeque, Patio, Paved Driveway, Storage Shed
  • AddlCoveredPrkng: Other
  • BedroomsBROtherLevel: 3
  • BedroomsBRUpperLevel: 5
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 5542.00
  • ExteriorDoors: Insulated, Wood
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsUpperLvl: 7
  • Grand Total Attached S Q F T: 12938
  • HalfBathsHalfBathsEntryLvl: 2
  • HalfBathsHalfBathsLowerLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Glo Fiber
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 2454.00
  • Major Area: 01 - City of Roanoke
  • MasterBedroomsMasterBROtherLvl: 1
  • MasterBedroomsMasterBRUpperLvl: 5
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Other - See Remarks
  • RatifiedContractDt: 2022-11-02
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubdivisionMap: Grandin Court
  • Total Above Grd Fin S Q F T: 10484
  • TotalBdrm: 8
  • TotalBths: 7.30
  • TotalFBaths: 7
  • Total Finished Sq Ft: 12938.00
  • TotalHBaths: 3
  • UpperAboveGrdFin Sq Ft: 4942.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Side Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Furnished, Handicap Access, Paved Road

Schools

  • Elementary School: Grandin Court
  • Middle School: Woodrow Wilson
  • High School: Patrick Henry

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 127 x 250
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.73
  • Lot: 16A
  • ZoningCode: R2 Mix Density

Building Info

  • Year Built: 1916

Tax Info

  • Taxes (6 mo): 10537.00
  • FILLTAXID: 1441321

MLS Schools

  • Elementary School: Grandin Court
  • HighSchool: Patrick Henry
  • Middle School: Woodrow Wilson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Nov 18, 2022
Sold by
Dr Roanoke Llc
Bought by
Wedding Crushers Llc
Seller's Agent
Jill Woltz
LICHTENSTEIN ROWAN, REALTORS(r)
Buyer's Agent
Tony Crouch
MAC WESTLAND REAL ESTATE GROUP
List Price
$1,225,000
Sold Price
$1,105,000
Premium/Discount to List
-$120,000
-9.8%
Current Estimated Value
$1,265,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,214
Avg. Annual Appreciation
5.70%
Original Mortgage
$884,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2017
Sold by
Ciaverella Henry A
Bought by
Dr Roanoke Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 19, 2011
Sold by
Foster Henry A and Ciavarella Henry A
Bought by
Ciavarella Henry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 2, 2007
Sold by
Given James B and Given Susan S
Bought by
Foster Henry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.5%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wedding Crushers Llc $1,105,000 Fidelity National Title
Dr Roanoke Llc $830,000 Fidelity National Title Insu
Ciavarella Henry A -- Investors Title Insurance Co
Foster Henry A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wedding Crushers Llc $964,000
Closed Wedding Crushers Llc $884,000
Previous Owner Dr Roanoke Llc $150,000
Previous Owner Dr Roanoke Llc $675,000
Previous Owner Ciavarella Henry A $360,000
Previous Owner Foster Henry A $490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $1,105,000 -9.8% $85 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
10/25/2022 10/25/22 For Sale $1,225,000 -- $95 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $13,235 $960,000 $93,900 $866,100
2023 $12,442 $875,100 $87,700 $787,400
2022 $11,234 $871,300 $83,900 $787,400
2021 $10,537 $863,700 $76,300 $787,400
2020 $11,059 $863,700 $76,300 $787,400
2019 $10,689 $833,400 $76,300 $757,100
2018 $10,409 $811,300 $76,300 $735,000
2017 $9,984 $788,300 $76,300 $712,000
2016 $9,493 $748,000 $76,300 $671,700
2015 $8,843 $748,000 $76,300 $671,700
2014 $8,843 $743,100 $71,400 $671,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jill Woltz

    LICHTENSTEIN ROWAN, REALTORS(r)

    (540) 815-1507

    5 in this area

    31 Total Sales

    Jill Woltz
    Section Image

  • T

    Buyer's Agent in 2022

    Tony Crouch

    MAC WESTLAND REAL ESTATE GROUP

    (540) 208-6102

    6 in this area

    167 Total Sales

    Tony Crouch
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 893937

Roanoke Valley Association of REALTORS®

APN: 1441321

Virginia Roanoke City County Roanoke 24015 Raleigh Court

1857 Grandin Rd SW, Roanoke, VA

This home is located at 1857 Grandin Rd SW, Roanoke, VA 24015 since 25 October 2022 and is currently estimated at $1,265,214, approximately $97 per square foot. This property was built in 1916. 1857 Grandin Rd SW is a home located in Roanoke City with nearby schools including Grandin Court Elementary School, Woodrow Wilson Middle School, and Patrick Henry High School.

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