Seller's Agent in 2024
Kim Miller
NEST REALTY ROANOKE
(540) 293-8887
3 in this area
240 Total Sales
1933 Fallon Ave SE Roanoke, VA 24013
Kenwood Neighborhood
4
Beds
2
Baths
2,394
Sq Ft
8,276
Sq Ft Lot
About This Home
As of February 2024This investment opportunity can be yours. Two duplexes side by side. One unit vacant in the nicest condition. One unit long term MTM tenant and two newer tenants.
Last Agent to Sell the Property
NEST REALTY ROANOKE License #0225098552 Listed on: 12/04/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,564
Year Built
- Built in 1988
Lot Details
- 8,276 Sq Ft Lot
Parking
- 4 Parking Spaces
Home Design
- 2,394 Sq Ft Home
- Duplex
- Slab Foundation
Schools
- Fallon Park Elementary School
- John P. Fishwick Middle School
- Patrick Henry High School
Utilities
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, insurance
- Legal Lot and Block 5 & 6 / 4
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 3 Leased Units
- Operating Expense $4,800
- Gross Income $36,600
- Net Operating Income $31,800
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/09/2024 02/09/24 | Sold | $415,000 | -7.8% | $173 / Sq Ft |
| 01/09/2024 01/09/24 | Pending | -- | -- | -- |
| 12/04/2023 12/04/23 | For Sale | $450,000 | -- | $188 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
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 |
|---|---|---|---|---|
| 2026 | $2,057 | $168,600 | $25,700 | $142,900 |
| 2025 | $2,462 | $168,600 | $25,700 | $142,900 |
| 2024 | $2,462 | $163,400 | $20,500 | $142,900 |
| 2023 | $2,358 | $137,600 | $16,500 | $121,100 |
| 2022 | $1,975 | $134,700 | $13,600 | $121,100 |
| 2021 | $1,888 | $128,900 | $11,300 | $117,600 |
| 2020 | $1,817 | $125,200 | $11,000 | $114,200 |
| 2019 | $1,488 | $122,000 | $10,000 | $112,000 |
| 2018 | $1,778 | $122,000 | $10,000 | $112,000 |
| 2017 | $1,484 | $113,700 | $10,000 | $103,700 |
| 2016 | $1,484 | $113,700 | $10,000 | $103,700 |
| 2015 | $1,353 | $113,700 | $10,000 | $103,700 |
| 2014 | $1,353 | $113,700 | $10,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Miller
-
Joe Kraft
Buyer's Agent in 2024
Joe Kraft
LICHTENSTEIN ROWAN, REALTORS(r)
(727) 296-7492
1 in this area
278 Total Sales
-
Kat Cline
K
Buyer Co-Listing Agent in 2024
Kat Cline
LICHTENSTEIN ROWAN, REALTORS(r)
1 in this area
67 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 903635
APN: 431-1006
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