NOT LISTED FOR SALE

2036 Memorial Ave SW Roanoke, VA 24015

Raleigh Court Neighborhood
4 Beds
2 Baths
1,736 Sq Ft
9,583 Sq Ft Lot

Last Sold October 20, 2020

Last sale price $153,275 $88 Per Sq Ft

5 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 5-minute walk to Mr. Tarpley's Park

About This Home

As of October 2020

Duplex located in the heart of Grandin Ct. Conveniently located in a desirable area, this duplex has a lot of potential. Unique features include, large 2 bedroom units and an off-street parking lot. The lower unit is currently occupied by a long-term tenant at $525 and the upper unit at $599. Lower unit has laundry access in the basement. Given the area, with a few improvements, market rate rent would be closer to 700-749. The lot contains a portion of the parking lot directly behind the building which presently has 6 spots reserved for the tenants and the rest being rented to the church for $45/month.

Last Agent to Sell the Property

Jason Roggensee

THE GRANDIN AGENCY License #0225217008 Listed on: 09/18/2020

Co-Listed By

Jacob Price

EXP REALTY LLC - STAFFORD License #0225234352

Last Buyer's Agent

Dena Balzano

NEST REALTY ROANOKE License #0225216802

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,455

Year Built

  • Built in 1905

Lot Details

  • Lot Dimensions are 50x195

Home Design

  • Duplex

Interior Spaces

  • 1,736 Sq Ft Home
  • Partial Basement

Schools

  • Virginia Heights Elementary School
  • Woodrow Wilson Middle School
  • Patrick Henry High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 7 / 10

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Grandin Court Subdivision

Building Details

  • 2 Leased Units
  • Operating Expense $2,861
  • Gross Income $13,488
  • Net Operating Income $10,626

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,455

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Multi-Family
  • Has Basement: Partial Basement
  • Cooling System: Window A/C
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2020-09-23
  • TotalAnnualExpen: 2861.00
  • 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: Private (1 - 9)

Utilities

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

Schools

  • Elementary School: Virginia Heights
  • Middle School: Woodrow Wilson
  • High School: Patrick Henry

Lot Info

  • Lot Dimensions: 50x195
  • Property Group Id: 19990816212116581394000000
  • Lot: 7

Building Info

  • Year Built: 1905

Tax Info

  • Taxes (6 mo): 1455.46
  • FILLTAXID: 1431807

Multi Family

  • Tenant Pays: Electricity
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Virginia Heights
  • HighSchool: Patrick Henry
  • Middle School: Woodrow Wilson

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
10/20/2020 10/20/20 Sold $153,275 +2.3% $88 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $149,900 -- $86 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jason Roggensee

    THE GRANDIN AGENCY

    (540) 243-6940

    7 in this area

    58 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jacob Price

    EXP REALTY LLC - STAFFORD

    (540) 798-2303

    5 in this area

    39 Total Sales

    Section Image
  • Dena Balzano

    Buyer's Agent in 2020

    Dena Balzano

    NEST REALTY ROANOKE

    (540) 204-3309

    10 in this area

    111 Total Sales

    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 873479

Roanoke Valley Association of REALTORS®

APN: 143-1807

Virginia Roanoke City County Roanoke 24015 Raleigh Court

2036 Memorial Ave SW, Roanoke, VA

This home is located at 2036 Memorial Ave SW, Roanoke, VA 24015 since 18 September 2020. This property was built in 1905. 2036 Memorial Ave SW is a home located in Roanoke City with nearby schools including Virginia Heights 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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