NOT LISTED FOR SALE

242 Rutherford Ave NW Roanoke, VA 24016

Gainsboro Neighborhood

Estimated Value: $171,000 - $197,687

3 Beds
2 Baths
1,307 Sq Ft
$144/Sq Ft Est. Value

Last Sold April 26, 2018

Last sale price $71,100 $54 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $1,198/month

16 Days on Market

Highlights

  • 0.4 Acre Lot
  • Ranch Style House
  • Screened Porch
  • Mountain View
  • No HOA
  • Fenced Yard

About This Home

As of April 2018

PROPERTY SOLD STRICTLY AS IS. Lots of potential here. Great corner fenced yard. Side Screen porch. Near 581 or easy access to downtown Roanoke. 3 good size bedrooms plus 2 full baths.

Last Agent to Sell the Property

Robert Rouse

YOUNG REALTY COMPANY License #0225022611 Listed on: 01/30/2018

Last Buyer's Agent

Rick Hillman

LONG & FOSTER - ROANOKE OFFICE License #0225182357

LONG & FOSTER - ROANOKE  OFFICE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,036

Year Built

  • Built in 1983

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 98 x 165
  • Fenced Yard
  • Gentle Sloping Lot
  • Cleared Lot

Home Design

  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • 1,307 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Screened Porch
  • Mountain Views
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot NEW LOT 8-A

Community Details

Overview

  • No Home Owners Association
  • Gainsboro Subdivision

Amenities

  • Public Transportation

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,036

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Walk-in-Closet
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: None
  • Cooling System: Central Cooling
  • Outside Features: Fenced Yard, Paved Driveway, Screened Porch
  • Views: Mountain
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1307.00
  • ExteriorDoors: Sliding, Wood
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1307
  • LaundryLaundryEntryLevel: 1
  • Major Area: 01 - City of Roanoke
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2018-02-15
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: GAINSBORO
  • Total Above Grd Fin S Q F T: 1307
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1307.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Side Porch

Utilities

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

Schools

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

Lot Info

  • Lot Description: Cleared, Gentle Slope
  • Lot Dimensions: 98 X 165
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.40
  • Lot: NEW LOT 8-A

Rental Info

  • Tenant: VACANT - FREE TO SHOW

Building Info

  • Year Built: 1983

Tax Info

  • Taxes (6 mo): 1036.00
  • FILLTAXID: 2021687

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2018
Closed on
Apr 26, 2018
Sold by
Bro Llc
Bought by
Bro Llc and The 242 Rutherford Avenue Nw Land Trust
Seller's Agent
Robert Rouse
YOUNG REALTY COMPANY
Buyer's Agent
Rick Hillman
LONG & FOSTER - ROANOKE OFFICE
List Price
$57,200
Sold Price
$71,100
Premium/Discount to List
$13,900
24.3%
Current Estimated Value
$187,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,822
Avg. Annual Appreciation
14.14%
Original Mortgage
$100,000
Outstanding Balance
$86,366
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$101,556

Purchase Details

Listed on
Jan 30, 2018
Closed on
Mar 26, 2018
Sold by
U S Bank Na
Bought by
Bro Llc
Seller's Agent
Robert Rouse
YOUNG REALTY COMPANY
Buyer's Agent
Rick Hillman
LONG & FOSTER - ROANOKE OFFICE
List Price
$57,200
Sold Price
$71,100
Premium/Discount to List
$13,900
24.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$86,366
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$101,556

Purchase Details

Closed on
Feb 20, 2018
Sold by
Bennett Angela G
Bought by
Christina Trust and Csmc 2014 Rpl4 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2007
Sold by
Parker Selena D and Bennett Angela G
Bought by
Bennett Angea G
Source: Public Records

Range of Values:

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Average Value
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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
Bro Llc -- Century Title Services Nc
Bro Llc $71,100 Servicelink Llc
U S Bank Trust Na -- Servicelink Llc
Christina Trust $61,500 None Available
Bennett Angea G $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bro Llc $100,000
Closed Bry Bro Llc $100,000
Closed U S Bank Trust Na $100,000
Previous Owner Bennett Angela G $53,355
Previous Owner Bennett Angela G $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2018 04/26/18 Sold $71,100 +24.3% $54 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $57,200 -- $44 / 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 $2,114 $128,900 $13,800 $115,100
2023 $1,763 $125,500 $13,800 $111,700
2022 $1,493 $108,300 $12,700 $95,600
2021 $1,269 $90,600 $11,600 $79,000
2020 $1,207 $86,600 $11,600 $75,000
2019 $1,205 $86,500 $11,600 $74,900
2018 $1,186 $84,900 $11,600 $73,300
2017 $1,090 $84,900 $11,600 $73,300
2016 $1,067 $83,000 $11,600 $71,400
2015 $1,013 $83,000 $11,600 $71,400
2014 $1,013 $0 $11,600 $72,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 844625

Roanoke Valley Association of REALTORS®

APN: 202-1687