NOT LISTED FOR SALE

2016 Mercer Ave NW Roanoke, VA 24017

Melrose-Rugby Neighborhood

Estimated Value: $131,000 - $156,000

3 Beds
1 Bath
1,122 Sq Ft
$126/Sq Ft Est. Value

About This Home

This home is located at 2016 Mercer Ave NW, Roanoke, VA 24017 and is currently estimated at $141,534, approximately $126 per square foot. 2016 Mercer Ave NW is a home located in Roanoke City with nearby schools including Westside Elementary School, Lucy Addison Middle School, and William Fleming High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2014
Sold by
Wiley Walter P
Bought by
Wiley Walter P and Wiley Brenda
Current Estimated Value
$141,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,400
Outstanding Balance
$16,638
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$124,896

Purchase Details

Closed on
Apr 14, 2008
Sold by
Chandler Henry E and Chandler Henry Ernest
Bought by
Wiley Walter P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
6.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Wiley Walter P -- First American Title Ins Co
Wiley Walter P $65,000 Lawyers Title Ins Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiley Walter P $53,400
Previous Owner Wiley Walter P $58,500
Source: Public Records

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 $1,313 $94,400 $17,600 $76,800
2024 $1,313 $76,700 $12,600 $64,100
2023 $1,094 $65,500 $9,700 $55,800
2022 $897 $61,500 $8,400 $53,100
2021 $738 $48,900 $7,400 $41,500
2020 $703 $47,100 $7,400 $39,700
2019 $697 $46,600 $7,400 $39,200
2018 $696 $46,500 $7,400 $39,100
2017 $600 $46,500 $7,400 $39,100
2016 $600 $46,500 $7,400 $39,100
2015 $578 $46,500 $7,400 $39,100
2014 $578 $46,500 $7,400 $39,100
Source: Public Records

Map

Virginia Roanoke City County Roanoke 24017 Melrose-Rugby

2016 Mercer Ave NW, Roanoke, VA

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