NOT LISTED FOR SALE

220 Craig Ave Unit 220-222 Vinton, VA 24179

Estimated Value: $237,000 - $364,000

6 Beds
3 Baths
2,640 Sq Ft
$120/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $280,000 $106 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,909/month

14 Days on Market

Highlights

  • No HOA
  • W.E. Cundiff Elementary School Rated A-
  • Central Air

About This Home

As of September 2022

CHECK OUT THIS TRIPLEX IN CLOSE PROXIMITY TO THE TOWN OF VINTON, DOWNTOWN ROANOKE, SHOPPING, RESTAURANTS, AND ENTERTAINMENT. THESE UNITS HAVE BEEN WELL MAINTAINED AND PROFESSIONALLY CLEANED. THE OWNERS HAVE PAINTED THE INTERIOR OF ALL UNITS, UPDATED TO DIGITAL THERMOSTATS AND REPLACED ALL TOILETS. ALL THREE UNITS OFFER 2 BEDROOMS AND 1 FULL BATH, REFRIGERATOR AND RANGE ELECTRIC - 880 SQ FT.

Last Agent to Sell the Property

Brad Thomas

MOUNTAIN VIEW REAL ESTATE LLC License #0225188833 Listed on: 08/10/2022

Co-Listed By

Kevin Williams

MOUNTAIN VIEW REAL ESTATE LLC License #0225226343

Last Buyer's Agent

Matt O'bryan

O'BRYAN & ASSOCIATES REAL ESTATE INC License #0225184997

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,252

Year Built

  • Built in 1974

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70 x 150

Home Design

  • 2,640 Sq Ft Home
  • Triplex
  • Brick Exterior Construction
  • Slab Foundation

Schools

  • W. E. Cundiff Elementary School
  • William Byrd Middle School
  • William Byrd High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 10 & ALL LT 11

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Operating Expense $4,345
  • Gross Income $22,500
  • Net Operating Income $18,155

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,252

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: Central Cooling
  • CondoAssocYN: No
  • Major Area: 02 - Roanoke County
  • NumberLeasedUnits: 3.00
  • NumberUnfurnished: 3.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2022-08-24
  • TotalAnnualExpen: 4345.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Schools

  • Elementary School: W. E. Cundiff
  • Middle School: William Byrd
  • High School: William Byrd

Lot Info

  • Lot Dimensions: 70 x 150
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.22
  • Lot: 10 & ALL LT 11

Building Info

  • Year Built: 1974

Tax Info

  • Taxes (6 mo): 2252.00
  • FILLTAXID: 060.19-04-20.00-0000

Multi Family

  • Tenant Pays: Electricity
  • Units In Building: 3.00
  • Multi Family Type: Triplex

MLS Schools

  • Elementary School: W. E. Cundiff
  • HighSchool: William Byrd
  • Middle School: William Byrd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Sep 2, 2022
Sold by
Wallace Bros Llc
Bought by
Mid Atlantic Funding Llc
Seller's Agent
Brad Thomas
MOUNTAIN VIEW REAL ESTATE LLC
Buyer's Agent
Matt O'bryan
O'BRYAN & ASSOCIATES REAL ESTATE INC
List Price
$289,950
Sold Price
$280,000
Premium/Discount to List
-$9,950
-3.43%
Current Estimated Value
$317,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,502
Avg. Annual Appreciation
4.17%

Purchase Details

Closed on
Nov 15, 2021
Sold by
Hurt Justin and Hurt Chantry
Bought by
Wallace Bros Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,750
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2020
Closed on
Jul 20, 2020
Sold by
Jennings Edward F
Bought by
Hurt Justin and Hurt Chantry
Seller's Agent
Matthew Zimmerman
WALDVOGEL COMMERCIAL PROPERTIES
Buyer's Agent
Brad Thomas
MOUNTAIN VIEW REAL ESTATE LLC
List Price
$219,950
Sold Price
$219,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$164,962
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mid Atlantic Funding Llc $280,000 --
Wallace Bros Llc $257,000 Fidelity National Title
Hurt Justin $219,950 Priority Title & Setmnt Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallace Bros Llc $192,750
Previous Owner Hurt Justin $164,962
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2022 09/08/22 Sold $280,000 -3.4% $106 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $289,950 +31.8% $110 / Sq Ft
08/28/2020 08/28/20 Sold $219,950 0.0% $83 / Sq Ft View Prior Sale
06/19/2020 06/19/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $219,950 +46.6% $83 / Sq Ft
05/29/2014 05/29/14 Sold $150,000 -2.5% $57 / Sq Ft View Prior Sale
05/29/2014 05/29/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $153,900 -- $58 / 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 $2,632 $255,500 $51,600 $203,900
2024 $2,602 $250,200 $48,000 $202,200
2023 $2,542 $239,800 $44,400 $195,400
2022 $2,117 $194,200 $37,200 $157,000
2021 $1,909 $175,100 $32,400 $142,700
2020 $1,672 $153,400 $28,800 $124,600
2019 $1,614 $148,100 $26,400 $121,700
2018 $1,644 $148,100 $26,400 $121,700
2017 $1,644 $150,800 $26,400 $124,400
2016 $1,631 $149,600 $25,200 $124,400
2015 $1,637 $150,200 $24,000 $126,200
2014 $1,678 $153,900 $24,000 $129,900
Source: Public Records

Agents Affiliated with this Home

  • Brad Thomas

    Seller's Agent in 2022

    Brad Thomas

    MOUNTAIN VIEW REAL ESTATE LLC

    (540) 915-3637

    38 in this area

    623 Total Sales

    Brad Thomas
    Section Image
  • Kevin Williams

    Seller Co-Listing Agent in 2022

    Kevin Williams

    MOUNTAIN VIEW REAL ESTATE LLC

    (540) 580-5958

    8 in this area

    134 Total Sales

    Kevin Williams
    Section Image

  • M

    Buyer's Agent in 2022

    Matt O'bryan

    O'BRYAN & ASSOCIATES REAL ESTATE INC

    (540) 330-4004

    1 in this area

    28 Total Sales

    Matt O'bryan
    Section Image
  • Matthew Zimmerman

    Seller's Agent in 2020

    Matthew Zimmerman

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 759-1884

    38 Total Sales

    Matthew Zimmerman
    Section Image
  • Jason Fountain

    Seller Co-Listing Agent in 2020

    Jason Fountain

    VRC PROPERTIES LLC

    (540) 354-6456

    2 in this area

    54 Total Sales

    Jason Fountain
    Section Image
  • Boyd Temple

    Seller's Agent in 2014

    Boyd Temple

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (800) 551-3588

    9 Total Sales

    Boyd Temple
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 892054

Roanoke Valley Association of REALTORS®

APN: 060.19-04-20

Virginia Roanoke County Vinton 24179

220 Craig Ave Unit 220-222, Vinton, VA

This home is located at 220 Craig Ave Unit 220-222, Vinton, VA 24179 since 10 August 2022 and is currently estimated at $317,502, approximately $120 per square foot. This property was built in 1974. 220 Craig Ave Unit 220-222 is a home located in Roanoke County with nearby schools including W.E. Cundiff Elementary School, William Byrd Middle School, and William Byrd 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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