NOT LISTED FOR SALE

2501 Colonial Ave SW Roanoke, VA 24015

Franklin-Colonial Neighborhood

Estimated Value: $194,000 - $209,000

3 Beds
1 Bath
1,150 Sq Ft
$174/Sq Ft Est. Value

Sale Details

Date Sold: May 13, 2024

Last sale price $176,000 $153 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,261 / mo

32 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Central Air
  • Tudor Architecture
  • Porch

About This Home

As of May 2024

Please have a look at this recently remodeled Home located within walking distance to Tower's Mall in Southwest Roanoke City. The Home features New Flooring and Paint Throughout, as Well as a New Furnace, and a Completely Remodeled upstairs Bedroom Suite that adds alot of square footage. There is a Full Basement for all of your projects. There are 2 Bedrooms on the Main Level and a Large Eatin Kitchen. The Home has alot to offer.

Last Agent to Sell the Property

Benny Hagy

RE/MAX 8 - Blacksburg License #225062724 Listed on: 03/01/2024

RE/MAX 8 - Blacksburg

Last Buyer's Agent

Non-MLS Non-MLS

Non-MLS Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 6,360

Home Design

  • Tudor Architecture
  • Vinyl Trim

Interior Spaces

  • 1,150 Sq Ft Home
  • Attic Access Panel
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Porch
  • 6,360 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1270529

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

6,360 Sq Ft Lot

Listing Details

  • Estimated Total Finished Sq Ft: 1150
  • Class: Residential
  • County Or City: Roanoke (City)
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: Parcel # 1270529, LOT 29 BLK 4 WINONA
  • Lvt Date: 03/01/2024
  • Master On Main: Yes
  • Parcel Nbr: 1270529
  • Property Sub Type: Detached
  • Main Level Bathrooms: 1
  • Room Level Bedrooms Main: 2
  • Room Level Bedrooms Uppe: 1
  • Style Structure Home: Tudor
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Appliances: Range/Electric, Refrigerator
  • Attic: Access Only
  • Basement: Full, Walk Out
  • Bedrooms: 3
  • Full Bathrooms: 1

Exterior Features

  • Exterior Features: Porch, Sidewalks
  • Exterior Finish: Vinyl

Utilities

  • Air Conditioner: Central Electric
  • Heating: Gas-Natural
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: None

Lot Info

  • Estimated Lot Size: 0.146
  • Lot Size: 6359.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 15, 2024
Sold by
Mind Power Investments Llc
Bought by
Clayton Cole S
Seller's Agent
Benny Hagy
RE/MAX 8 - Blacksburg
Buyer's Agent
Non-MLS Non-MLS
Non-MLS Office
List Price
$189,000
Sold Price
$176,000
Premium/Discount to List
-$13,000
-6.88%
Views
154
Current Estimated Value
$200,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,615
Avg. Annual Appreciation
6.80%
Original Mortgage
$172,812
Outstanding Balance
$169,197
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$31,418

Purchase Details

Closed on
Nov 29, 2023
Sold by
Mst Rentals Llc
Bought by
Mind Power Investments Llc

Purchase Details

Closed on
Jun 16, 2022
Sold by
Ojp Rentals Llc
Bought by
Mst Rentals Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clayton Cole S $176,000 Priority Title
Mind Power Investments Llc $84,000 Priority Title
Mst Rentals Llc -- Skufca Law Pllc
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 Clayton Cole S $172,812
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2024 05/13/24 Sold $176,000 -1.7% $153 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/19/2024 03/19/24 Price Changed $179,000 -5.3% $156 / Sq Ft
03/01/2024 03/01/24 For Sale $189,000 -- $164 / Sq Ft
Source: New River Valley Association of REALTORS®

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 $2,106 $172,600 $22,400 $150,200
2025 $2,267 $172,600 $22,400 $150,200
2024 $2,267 $127,200 $17,500 $109,700
2023 $1,710 $107,300 $15,500 $91,800
2022 $1,258 $91,100 $15,500 $75,600
2021 $1,110 $79,400 $12,900 $66,500
2020 $1,056 $76,000 $12,300 $63,700
2019 $1,007 $72,000 $11,200 $60,800
2018 $1,007 $72,000 $11,200 $60,800
2017 $895 $70,700 $11,200 $59,500
2016 $884 $69,800 $11,200 $58,600
2015 $796 $69,800 $11,200 $58,600
2014 $796 $70,100 $11,200 $58,900
Source: Public Records

Agents Affiliated with this Home

  • Benny Hagy

    Seller's Agent in 2024

    Benny Hagy

    RE/MAX

    (540) 392-3792

    1 in this area

    276 Total Sales

    Benny Hagy
    Section Image

  • N

    Buyer's Agent in 2024

    Non-MLS Non-MLS

    Non-MLS Office

See All Agents

Map

Source: New River Valley Association of REALTORS®

MLS Number: 420325

New River Valley Association of REALTORS®

APN: 127-0529

Virginia Roanoke City County Roanoke 24015 Franklin-Colonial

2501 Colonial 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.

New River 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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