NOT LISTED FOR SALE

2401 Colonial Ave SW Roanoke, VA 24015

Franklin-Colonial Neighborhood

Estimated Value: $278,000 - $298,000

3 Beds
2 Baths
1,700 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $230,000 $135 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,809/month

89 Days on Market

About This Home

As of May 2022

Totally remodeled home. New roof, New dual zone HVAC, New electrical and panel, New plumbing, New Windows and a brand New Kitchen with granite and New appliances. Refinished hardwood floors and all New remodeled bathrooms with a tiled shower. New hot water heater and New siding brand with brand New gutters. Top to bottom this house has been rebuilt with a brand new driveway from the front of the property all the way to the back alley where there is ample parking. Owner is a licensed agent in the state of Virginia and has ownership interest in this property.

Last Agent to Sell the Property

Ben Johnson

MOUNTAIN CITY REALTY & AUCTION LLC License #0225193178 Listed on: 01/26/2022

Last Buyer's Agent

Teddy Dalton

LONG & FOSTER - OAK GROVE License #0225206339

LONG & FOSTER - OAK GROVE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,213

Year Built

  • Built in 1928

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • American Four Square Architecture

Interior Spaces

  • 1,700 Sq Ft Home
  • Living Room with Fireplace
  • Partial Basement

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Wasena Subdivision

Listing and Financial Details

  • Legal Lot and Block 35 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,213

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Microwave Oven (Built In), Range Electric
  • Cooling System: Heat Pump Electric
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBRUpperLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 850.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 1700
  • LaundryLaundryUpperLevel: 1
  • Major Area: 01 - City of Roanoke
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2022-04-25
  • Residential Type: Detached
  • Style Of House: Foursquare
  • Total Above Grd Fin S Q F T: 1700
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1700.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 850.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Maint-Free Exterior

Schools

  • Elementary School: Fishburn Park
  • Middle School: James Madison
  • High School: Patrick Henry

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.15
  • Lot: 35
  • Phase: 1

Building Info

  • Year Built: 1928

Tax Info

  • Taxes (6 mo): 1213.00
  • FILLTAXID: 1270535

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
May 23, 2022
Sold by
Hawks Point Properties Llc
Bought by
Quarles Sarah
Seller's Agent
Ben Johnson
MOUNTAIN CITY REALTY & AUCTION LLC
Buyer's Agent
Teddy Dalton
LONG & FOSTER - OAK GROVE
List Price
$264,500
Sold Price
$230,000
Premium/Discount to List
-$34,500
-13.04%
Current Estimated Value
$285,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,303
Avg. Annual Appreciation
6.73%
Original Mortgage
$225,834
Outstanding Balance
$213,877
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$71,426

Purchase Details

Closed on
Jun 1, 2021
Sold by
Ramsay Timothy A and Ramsey Angela M
Bought by
Hawks Point Properties Llc
Source: Public Records

Range of Values:

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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
Quarles Sarah $230,000 Fidelity National Title
Hawks Point Properties Llc $40,000 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quarles Sarah $225,834
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $230,000 -13.0% $135 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $264,500 -- $156 / 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 $3,464 $269,300 $22,400 $246,900
2024 $3,464 $224,600 $17,500 $207,100
2023 $2,914 $187,400 $15,500 $171,900
2022 $1,757 $102,100 $15,500 $86,600
2021 $1,214 $87,000 $12,900 $74,100
2020 $1,135 $81,600 $12,300 $69,300
2019 $1,217 $80,500 $11,200 $69,300
2018 $1,207 $80,500 $11,200 $69,300
2017 $1,029 $81,700 $11,200 $70,500
2016 $1,028 $81,600 $11,200 $70,400
2015 $1,001 $79,100 $11,200 $67,900
2014 $1,001 $79,800 $11,200 $68,600
Source: Public Records

Agents Affiliated with this Home

  • Ben Johnson

    Seller's Agent in 2022

    Ben Johnson

    MOUNTAIN CITY REALTY & AUCTION LLC

    (540) 204-3764

    1 in this area

    97 Total Sales

    Ben Johnson
    Section Image

  • T

    Buyer's Agent in 2022

    Teddy Dalton

    LONG & FOSTER - OAK GROVE

    (540) 520-2133

    10 in this area

    190 Total Sales

    Teddy Dalton
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 886546

Roanoke Valley Association of REALTORS®

APN: 127-0535

Virginia Roanoke City County Roanoke 24015 Franklin-Colonial

2401 Colonial Ave SW, Roanoke, VA

This home is located at 2401 Colonial Ave SW, Roanoke, VA 24015 since 26 January 2022 and is currently estimated at $285,303, approximately $167 per square foot. This property was built in 1928. 2401 Colonial Ave SW is a home located in Roanoke City with nearby schools including Fishburn Park Elementary School, James Madison Middle School, and Patrick Henry 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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