NOT LISTED FOR SALE

2501 Colonial Ave SW Roanoke, VA 24015

Franklin-Colonial Neighborhood

Estimated Value: $187,000 - $220,000

3 Beds
1 Bath
1,150 Sq Ft
$178/Sq Ft Est. Value

Sale Details

Date Sold: May 13, 2024

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

Est. 16% increase in value since last sale

Current estimated payment $1,300 / 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

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

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
Mar 1, 2024
Closed on
Apr 15, 2024
Sold by
Bought by
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
$204,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,181
Avg. Annual Appreciation
6.92%
Original Mortgage
$172,812
Outstanding Balance
$168,463
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$35,718

Purchase Details

Closed on
Nov 29, 2023
Sold by
Bought by

Purchase Details

Closed on
Jun 16, 2022
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Franklin-Colonial, VA

  • Elizabeth Cranwell Real Estate Agent - MKB, REALTORS(r)

    Elizabeth Cranwell

    MKB, REALTORS(r)

    (540) 240-9855

    15 Total Sales

    2 in Franklin-Colonial

    $218K - $250K Price Range

    Elizabeth Cranwell
     Section Image
  • Daniel Bennett Real Estate Agent - eXp Realty - Blacksburg

    Daniel Bennett

    eXp Realty - Blacksburg

    (540) 900-2938

    132 Total Sales

    1 in Franklin-Colonial

    $125,000 Price

    Daniel Bennett
     Section Image
  • Judy Hillman Real Estate Agent - LONG & FOSTER - ROANOKE OFFICE

    Judy Hillman

    LONG & FOSTER - ROANOKE OFFICE

    (540) 900-2923

    118 Total Sales

    1 in Franklin-Colonial

    $349,500 Price

    Judy Hillman
     Section Image
  • Jarrod Hines Real Estate Agent - REAL BROKER LLC - MCLEAN

    Jarrod Hines

    REAL BROKER LLC - MCLEAN

    (540) 831-3727

    107 Total Sales

    4 in Franklin-Colonial

    $328K - $535K Price Range

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

    Tim Thompson

    Responds Quickly

    MKB, Roanoke

    (540) 900-3294

    126 Total Sales

    5 in Franklin-Colonial

    $220K - $445K Price Range

    Tim Thompson
     Section Image
  • Brenda Bratt Real Estate Agent - WAINWRIGHT & CO., REALTORS(r)- LAKE

    Brenda Bratt

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 590-5011

    228 Total Sales

    1 in Franklin-Colonial

    $85,000 Price

    Brenda Bratt
     Section Image
See All Agents

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
$176,000 Priority Title
$84,000 Priority Title
-- 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 $172,812
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
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

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 $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 Real Estate Agent - RE/MAX

    Seller's Agent in 2024

    Benny Hagy

    RE/MAX

    (540) 392-3792

    1 in this area

    277 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.