$140,000
SOLD MAR 5, 2019

2056 Memorial Ave SW Unit A & B Roanoke, VA 24015

Raleigh Court Neighborhood
-- Bed
-- Bath
2,162 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$65 Per Sq Ft

7% Below List Price

206 Days on Market

About This Home

As of March 2022

Great location just one block from Grandin Village. Each unit rents for $695 per month. 5 Additional units for sale next door at 2058 Memorial and 1310/1312 Brunswick under 2058 Memorial Mls # 849796 Tax Map #143801. Tenant pays electricity, Owner pays Gas and Water. Agent is related to seller. Buyer to verify all information, no expressed or implied warranties. Reasonable offers will be considered.

Last Agent to Sell the Property

Joe Lankford, Jr

O'BRYAN & ASSOCIATES REAL ESTATE INC License #0225202446 Listed on: 06/21/2018

Last Buyer's Agent

Ron Bensinger

STAR CITY, REALTORS(r) LLC License #0225003034

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,173

Year Built

  • Built in 1924

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50' x 195'

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,162 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 2 / 10

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Virginia Heights Subdivision

Building Details

  • 2 Leased Units
  • Operating Expense $9,341
  • Gross Income $16,680
  • Net Operating Income $7,339

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,173

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Heating System: Radiator Gas Heat
  • Type: Multi-Family
  • Has Basement: Full Basement
  • Cooling System: Window A/C
  • Internet Access: Cable
  • Major Area: 01 - City of Roanoke
  • MiscellaneousInfoPublicTransport: Yes
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • NumberVehicleSpaces: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2019-01-13
  • TotalAnnualExpen: 9341.00
  • Water Class: N/A
  • Water Heater Energy: Natural Gas
  • 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: 50' X 195'
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.22
  • Lot: 2
  • Present Use: Converted
  • ZoningCode: RM-1

Building Info

  • Year Built: 1924

Tax Info

  • Taxes (6 mo): 2173.00
  • FILLTAXID: 1431802

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Cable TV, 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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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

Property History

Date Event Price Change Sq Ft Price
03/03/2022 03/03/22 Sold $360,125 0.0% $116 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/14/2021 12/14/21 For Sale $360,000 +157.1% $116 / Sq Ft
03/05/2019 03/05/19 Sold $140,000 -6.6% $65 / Sq Ft
01/13/2019 01/13/19 Pending -- -- --
06/21/2018 06/21/18 For Sale $149,950 -- $69 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 849773

Roanoke Valley Association of REALTORS®

APN: 143-1802