NOT LISTED FOR SALE

227 Albemarle Ave SW Roanoke, VA 24016

Old Southwest Neighborhood

Estimated Value: $650,629

5 Beds
1.5 Baths
2,604 Sq Ft
$250/Sq Ft Est. Value

Sale Details

Date Sold: July 12, 2019

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

Est. 83% increase in value since last sale

Current estimated payment $4,020 / mo

7 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Wet Bar
  • Victorian Architecture
  • Front Porch
  • Storage

About This Home

As of July 2019

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

Last Agent to Sell the Property

Mac Westland

MAC WESTLAND REAL ESTATE GROUP License #0225237901 Listed on: 05/02/2019

Co-Listed By

Wayne Daniel

EXP REALTY LLC - STAFFORD License #0225178407

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $4,204

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Victorian Architecture

Interior Spaces

  • 2,604 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Storage
  • Mountain Views
  • Partial Basement
  • Alarm System

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Parking

  • 4 Covered Spaces
  • On-Street Parking

Outdoor Features

  • Front Porch

Schools

  • Highland Park Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

  • No Home Owners Association

Amenities

  • Restaurant
  • Public Transportation

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$4,204

Year Built

Built in 1925

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Interior Features: Alarm, Ceiling Fan, Fireplace Screen, Gas Log Fireplace, Storage, Wet Bar
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Dishwasher, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric, Other - See Remarks
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1400.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: DSL
  • Major Area: 01 - City of Roanoke
  • NumberPrimCovSpaces: 4.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Victorian
  • Total Above Grd Fin S Q F T: 2604
  • TotalBdrm: 5
  • TotalBths: 1.10
  • TotalCovdPrkSpc: 4.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 2604.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 2016.00
  • Uncovered Parking: Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1216.00
  • Unfinished Attached S Q F T Other Above Grd Unfin S Q F T: 800.00
  • UpperAboveGrdFin Sq Ft: 1204.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Lot Info

  • Lot Description: Level Lot, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.11
  • ZoningCode: MX

Building Info

  • Year Built: 1925

Tax Info

  • Taxes (6 mo): 4204.00

MLS Schools

  • Elementary School: Highland Park
  • HighSchool: Patrick Henry
  • Middle School: James Madison

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
Jul 9, 2019
Sold by
Bought by
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
$650,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,629
Avg. Annual Appreciation
8.96%
Original Mortgage
$301,750
Outstanding Balance
$259,183
Interest Rate
3.82%
Mortgage Type
Credit Line Revolving
Estimated Equity
$391,446

Purchase Details

Closed on
May 2, 2006
Sold by
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Old Southwest, VA

  • Brad Thomas Real Estate Agent - MOUNTAIN VIEW REAL ESTATE LLC

    Brad Thomas

    Responds Quickly

    MOUNTAIN VIEW REAL ESTATE LLC

    (540) 900-1493

    560 Total Sales

    2 in Old Southwest

    $228K - $1M Price Range

    Brad Thomas
     Section Image
  • Thomas Fellers Real Estate Agent - MKB, Roanoke

    Thomas Fellers

    MKB, Roanoke

    (540) 427-7269

    221 Total Sales

    2 in Old Southwest

    $290K - $434K Price Range

    Thomas Fellers
     Section Image
  • DON MARR Real Estate Agent - NEXTHOME TWOFOURFIVE

    DON MARR

    NEXTHOME TWOFOURFIVE

    (434) 771-2354

    79 Total Sales

    2 in Old Southwest

    $270K - $390K Price Range

    DON MARR
     Section Image
  • Jarrod Hines Real Estate Agent - REAL BROKER LLC - MCLEAN

    Jarrod Hines

    REAL BROKER LLC - MCLEAN

    (540) 831-3727

    107 Total Sales

    1 in Old Southwest

    $325,000 Price

    Jarrod Hines
     Section Image
  • Tim Thompson Real Estate Agent - MKB, Roanoke

    Tim Thompson

    Responds Quickly

    MKB, Roanoke

    (540) 900-3294

    126 Total Sales

    1 in Old Southwest

    $395,000 Price

    Tim Thompson
     Section Image
  • Christopher Kidd Carter Real Estate Agent - LONG & FOSTER - ROANOKE OFFICE

    Christopher Kidd Carter

    LONG & FOSTER - ROANOKE OFFICE

    (540) 900-1911

    156 Total Sales

    2 in Old Southwest

    $228K - $365K Price Range

    Christopher Kidd Carter
     Section Image
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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
$355,000 Virginia Title Center Llc
-- 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 $301,750
Closed $301,750
Previous Owner $144,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
07/12/2019 07/12/19 Sold $355,000 0.0% $136 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $355,000 -- $136 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax 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.

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 Real Estate Agent - MAC WESTLAND REAL ESTATE GROUP

    Seller's Agent in 2019

    Mac Westland

    MAC WESTLAND REAL ESTATE GROUP

    (540) 385-9400

    3 in this area

    282 Total Sales

    Mac Westland
    Section Image

  • W

    Seller Co-Listing Agent in 2019

    Wayne Daniel

    EXP REALTY LLC - STAFFORD

    (434) 851-3999

    46 Total Sales

    Wayne Daniel
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member Transaction Agent

    Non-Member Transaction Office

See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 858715

Roanoke Valley Association of REALTORS®

APN: 1022212

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.

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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