NOT LISTED FOR SALE

227 Albemarle Ave SW Roanoke, VA 24016

Old Southwest Neighborhood

Estimated Value: $633,534

5 Beds
2 Baths
2,604 Sq Ft
$243/Sq Ft Est. Value

Sale Details

Date Sold: July 12, 2019

Last sale price $355,000 $136 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,872 / mo

About This Home

Beautiful 2 story possible 5 bedroom 1.5 bath victorian style home is located on a corner lot just a short walking distance to the downtown Roanoke amenities. This home went through a complete renovation in 2007. Zoned MX (Mixed-Use) and allows for a live/work opportunity for those with a home based business. New heat pump installed this year for the upstairs space. Attic space nearly finished, waiting on new owners personal touch. CAT 5 Internet and additional updated technology infrastructure updated in the home during the 2007 renovation. Lots of opportunity for the next owner of this home. To learn more about the Roanoke City Zoning site for all MX Possibilities and restrictions (Sec 36.2-315) visit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
Jul 9, 2019
Sold by
Blair Christopher H and Blair Tonya M
Bought by
Carma Llc
Seller's Agent
Mac Westland
MAC WESTLAND REAL ESTATE GROUP
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$355,000
Sold Price
$355,000
Current Estimated Value
$633,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,534
Avg. Annual Appreciation
8.84%
Original Mortgage
$301,750
Outstanding Balance
$260,925
Interest Rate
3.82%
Mortgage Type
Credit Line Revolving
Estimated Equity
$375,827

Purchase Details

Closed on
May 2, 2006
Sold by
Stanley Edmond M
Bought by
Blair Christopher H and Blair Tonya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Carma Llc $355,000 Virginia Title Center Llc
Blair Christopher H -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Carma Llc $301,750
Previous Owner Blair Christopher H $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2019 07/12/19 Sold $355,000 0.0% $136 / Sq Ft View Prior Sale
05/09/2019 05/09/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $355,000 -- $136 / Sq Ft

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
2026 $5,241 $429,600 $45,600 $384,000
2025 $5,491 $429,600 $45,600 $384,000
2024 $5,491 $403,200 $44,300 $358,900
2023 $5,163 $385,300 $40,200 $345,100
2022 $4,378 $340,300 $40,200 $300,100
2021 $4,325 $336,700 $36,600 $300,100
2020 $4,173 $325,800 $36,600 $289,200
2019 $3,914 $304,600 $34,100 $270,500
2018 $3,820 $296,900 $34,100 $262,800
2017 $1,185 $274,900 $30,600 $244,300
2016 $1,043 $263,300 $30,600 $232,700
2015 $965 $263,300 $30,600 $232,700
2014 $965 $263,300 $30,600 $232,700
Source: Public Records

Agents Affiliated with this Home

  • Mac Westland

    Seller's Agent in 2019

    Mac Westland

    MAC WESTLAND REAL ESTATE GROUP

    (540) 385-9400

    2 in this area

    275 Total Sales

    Mac Westland
    Section Image

  • W

    Seller Co-Listing Agent in 2019

    Wayne Daniel

    EXP REALTY LLC - STAFFORD

    (434) 851-3999

    48 Total Sales

    Wayne Daniel
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member Transaction Agent

    Non-Member Transaction Office

See All Agents

Map

Virginia Roanoke City County Roanoke 24016 Old Southwest

227 Albemarle Ave SW, Roanoke, VA

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.

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