NOT LISTED FOR SALE

2249 Ranch Rd NW Unit 2255 Roanoke, VA 24017

Miller Court-Arrowood Neighborhood

Estimated Value: $218,000 - $643,509

3 Beds
3 Baths
5,268 Sq Ft
$66/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $575,000 $109 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $2,025/month

12 Days on Market

Highlights

  • No HOA
  • Central Air
  • 5-minute walk to Countryside Park

About This Home

As of May 2022

4 UNITS. ALL UNITS ARE 3 BEDROOM 2.5 BATHS,WASHER DRYER HOOKUPS, TOTAL ELECTRIC HEATPUMP HVAC. COVERED REAR PATIOS WITH LOCKINGSTORAGE ROOM. 3 UNITS RENT AT 850.00 1 UNIT RENTS 925.00. CURRENT LANDLORD PAYS APCO13.00 PER MONTH SECURITY LIGHT AND FURNISHES MOWING. MUST BE SOLD TOGETHER. NEXT TO WALKWAYS ,SOCCER FIELDS, PARK, AND SHOPPING.

Last Agent to Sell the Property

Phillip Darnall

RE/MAX REAL ESTATE ONE License #0225054834 Listed on: 03/30/2022

RE/MAX REAL ESTATE ONE

Last Buyer's Agent

Matt O'bryan

O'BRYAN & ASSOCIATES REAL ESTATE INC License #0225184997

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,100

Year Built

  • Built in 1980

Lot Details

  • 3,703

Parking

  • 2 Parking Spaces

Home Design

  • 5,268 Sq Ft Home
  • Slab Foundation

Schools

  • Round Hill Elementary School
  • James Breckinridge Middle School
  • William Fleming High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, insurance
  • Legal Lot and Block 8-BCDE / 11

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Golfside Villas Subdivision

Building Details

  • 4 Leased Units
  • Operating Expense $3,000
  • Gross Income $41,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,100

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: Central Cooling
  • CondoAssocYN: No
  • Internet Access: Cable
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 4.00
  • NumberUnfurnished: 4.00
  • NumberVehicleSpaces: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2022-04-11
  • TotalAnnualExpen: 3000.00
  • Water Class: N/A
  • YardSign: No
  • 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: Round Hill
  • Middle School: James Breckinridge
  • High School: William Fleming

Lot Info

  • Lot Dimensions: 20X188 EACH
  • Property Group Id: 19990816212116581394000000
  • Lot: 8-BCDE

Building Info

  • Year Built: 1980

Tax Info

  • Taxes (6 mo): 4100.00
  • FILLTAXID: 6431129,6431130,6431131,6431132,

Multi Family

  • Tenant Pays: All Utilities, Insurance
  • Units In Building: 4.00
  • Multi Family Type: Other - See Remarks

MLS Schools

  • Elementary School: Round Hill
  • HighSchool: William Fleming
  • Middle School: James Breckinridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
May 3, 2022
Sold by
Skyview Investments Llc
Bought by
Mid Atlantic Funding Llc
Seller's Agent
Phillip Darnall
RE/MAX REAL ESTATE ONE
Buyer's Agent
Matt O'bryan
O'BRYAN & ASSOCIATES REAL ESTATE INC
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$343,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$231,367
Avg. Annual Appreciation
-14.79%
Original Mortgage
$460,000
Outstanding Balance
$439,572
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
-$96,144
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 $575,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mid Atlantic Funding Llc $460,000
Previous Owner Valley High Enterprises Llc $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $575,000 0.0% $109 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $575,000 -- $109 / 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
2024 $1,722 $126,900 $7,200 $119,700
2023 $1,722 $111,300 $7,200 $104,100
2022 $1,306 $94,000 $7,200 $86,800
2021 $1,203 $86,100 $7,200 $78,900
2020 $1,190 $86,100 $7,200 $78,900
2019 $1,153 $83,100 $7,200 $75,900
2018 $1,126 $80,900 $7,200 $73,700
2017 $1,013 $79,500 $7,200 $72,300
2016 $1,013 $79,500 $7,200 $72,300
2015 $1,039 $79,500 $7,200 $72,300
2014 $1,039 $81,700 $7,200 $74,500
Source: Public Records

Agents Affiliated with this Home

  • Phillip Darnall

    Seller's Agent in 2022

    Phillip Darnall

    RE/MAX

    (540) 387-4200

    2 in this area

    90 Total Sales

    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

    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 888119

Roanoke Valley Association of REALTORS®

APN: 6431129

Virginia Roanoke City County Roanoke 24017 Miller Court-Arrowood

2249 Ranch Rd NW Unit 2255, Roanoke, VA

This home is located at 2249 Ranch Rd NW Unit 2255, Roanoke, VA 24017 since 30 March 2022 and is currently estimated at $345,877, approximately $65 per square foot. This property was built in 1980. 2249 Ranch Rd NW Unit 2255 is a home located in Roanoke City with nearby schools including Round Hill Elementary School, Breckinridge Middle School, and William Fleming 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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