NOT LISTED FOR SALE

1940 Avon Rd SW Unit & 1942 Roanoke, VA 24015

Raleigh Court Neighborhood

Estimated Value: $329,000 - $467,000

4 Beds
2 Baths
2,232 Sq Ft
$172/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $235,000 $105 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,418/month

22 Days on Market

Highlights

  • American Four Square Architecture
  • No HOA
  • Public Transportation
  • Grandin Court Elementary School Rated A-
  • Covered Patio or Porch
  • 5-minute walk to Shrine Hill Park

About This Home

As of August 2023

Great investment opportunity in the Grandin/Raleigh Court area! This 4 square home presents an exciting opportunity for renovation and restoration. With some vision, effort, and investment, you can transform this property into a beautiful and functional living space that retains its historical charm. The property also includes a guest/rental house with potential for 2 units, and can be used as a homestay per Roanoke city! It has it's own address, separate electric and water/sewer, plus parking and alley access. Property sold as-is inspections for information only.

Last Agent to Sell the Property

Kera Moore

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225225422 Listed on: 06/30/2023

Last Buyer's Agent

Kera Moore

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225225422 Listed on: 06/30/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,968

Year Built

  • Built in 1925

Lot Details

  • Level Lot
  • Property is zoned R-7

Home Design

  • American Four Square Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,232 Sq Ft Home
  • Bookcases
  • Living Room with Fireplace
  • Basement
  • Dirt Floor
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Detached Carport Space

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Grandin Court Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • No Cooling
  • Radiator
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 8

Community Details

Overview

  • No Home Owners Association
  • Raleigh Court Subdivision

Amenities

  • Restaurant
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,968

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Interior Features: Book Shelves
  • Heating System: Radiator Gas Heat
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Dirt - Full
  • Major Appliances: None
  • Cooling System: No Cooling System
  • Outside Features: Covered Porch, Storage Shed
  • BedroomsBRUpperLevel: 4
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1116.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 3072
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 01 - City of Roanoke
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Detached
  • RatifiedContractDt: 2023-07-22
  • Residential Type: Detached
  • Style Of House: Foursquare
  • Total Above Grd Fin S Q F T: 2232
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2232.00
  • TotalUnfin Sq Ft: 840.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 840.00
  • UpperAboveGrdFin Sq Ft: 1116.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV

Schools

  • Elementary School: Grandin Court
  • Middle School: James Madison
  • High School: Patrick Henry

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: .18
  • Property Group Id: 19990816212109142258000000
  • Lot: 4
  • ZoningCode: R-7

Building Info

  • Year Built: 1925

Tax Info

  • Taxes (6 mo): 2968.00
  • FILLTAXID: 1441711

MLS Schools

  • Elementary School: Grandin Court
  • HighSchool: Patrick Henry
  • Middle School: James Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 8, 2023
Sold by
Maple Grove Properties Llc
Bought by
I D & B Llc
Seller's Agent
Kera Moore
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Kera Moore
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$278,900
Sold Price
$235,000
Premium/Discount to List
-$43,900
-15.74%
Views
136
Current Estimated Value
$384,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,482
Avg. Annual Appreciation
25.47%

Purchase Details

Closed on
Oct 27, 2021
Sold by
Fuller Art E
Bought by
Maple Grove Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
4.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 19, 2011
Sold by
Fuller Curtis E and Fuller Mark H
Bought by
Fuller Art E
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
I D & B Llc $235,000 Performance Title
Maple Grove Properties Llc $155,000 Mariano Paul
Fuller Art E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maple Grove Properties Llc $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2023 08/08/23 Sold $235,000 -15.7% $105 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $278,900 -- $125 / 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
2025 $4,457 $343,500 $66,500 $277,000
2024 $4,457 $290,500 $58,700 $231,800
2023 $3,799 $279,400 $54,800 $224,600
2022 $3,165 $241,200 $47,500 $193,700
2021 $2,758 $226,100 $39,700 $186,400
2020 $2,889 $221,000 $37,800 $183,200
2019 $2,787 $212,600 $31,500 $181,100
2018 $2,688 $204,500 $31,500 $173,000
2017 $2,510 $197,800 $31,500 $166,300
2016 $2,518 $198,400 $31,500 $166,900
2015 $2,417 $198,400 $31,500 $166,900
2014 $2,417 $207,200 $31,500 $175,700
Source: Public Records

Agents Affiliated with this Home

  • Kera Moore

    Seller's Agent in 2023

    Kera Moore

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 793-6567

    7 in this area

    101 Total Sales

    Kera Moore
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 899545

Roanoke Valley Association of REALTORS®

APN: 144-1711

Virginia Roanoke City County Roanoke 24015 Raleigh Court

1940 Avon Rd SW Unit & 1942, Roanoke, VA

This home is located at 1940 Avon Rd SW Unit & 1942, Roanoke, VA 24015 since 30 June 2023 and is currently estimated at $384,482, approximately $172 per square foot. This property was built in 1925. 1940 Avon Rd SW Unit & 1942 is a home located in Roanoke City with nearby schools including Grandin Court Elementary School, Woodrow Wilson 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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