NOT LISTED FOR SALE

2540 Memorial Ave SW Roanoke, VA 24015

Raleigh Court Neighborhood

Estimated Value: $221,000 - $243,384

3 Beds
1 Bath
1,489 Sq Ft
$155/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $111,000 $75 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,460/month

8 Days on Market

Highlights

  • Deck
  • No HOA
  • Gentle Sloping Lot
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of March 2017

Cute ranch completely remodeled in the quiet end of Memorial Ave. Great location. New HVAC, kitchen with recent roof and windows. Good parking in back off ally with a large back yard.

Last Agent to Sell the Property

Rick Payne

MKB, REALTORS(r) License #0225191313 Listed on: 01/06/2017

MKB, REALTORS(r)

Last Buyer's Agent

Norm Pullen

KELLER WILLIAMS REALTY ROANOKE License #0225210780

KELLER WILLIAMS REALTY ROANOKE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,318

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 50 x 130
  • Gentle Sloping Lot

Home Design

  • Ranch Style House

Kitchen

  • Built-In Oven
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level

Basement

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

Parking

  • 2 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Virginia Heights Elementary School
  • Woodrow Wilson Middle School
  • Patrick Henry High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 10 / G

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,318

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Range Electric, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • BedroomsBRLowerLevel: 1
  • EntryAboveGrdFin Sq Ft: 852.00
  • ExteriorDoors: Fiberglass, Wood
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1489
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 637.00
  • Major Area: 01 - City of Roanoke
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2017-01-14
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 852
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1489.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • 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

Schools

  • Elementary School: Virginia Heights
  • Middle School: Woodrow Wilson
  • High School: Patrick Henry

Lot Info

  • Lot Description: Gentle Slope
  • Lot Dimensions: 50 X 130
  • Property Group Id: 19990816212109142258000000
  • Lot: 10

Building Info

  • Year Built: 1954

Tax Info

  • Taxes (6 mo): 1318.00
  • FILLTAXID: 1520404

MLS Schools

  • Elementary School: Virginia Heights
  • HighSchool: Patrick Henry
  • Middle School: Woodrow Wilson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2017
Closed on
Mar 1, 2017
Sold by
Star City Investments Llc
Bought by
Savo Michelle Lin
Seller's Agent
Rick Payne
MKB, REALTORS(r)
Buyer's Agent
Norm Pullen
KELLER WILLIAMS REALTY ROANOKE
List Price
$109,950
Sold Price
$111,000
Premium/Discount to List
$1,050
0.95%
Current Estimated Value
$230,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,846
Avg. Annual Appreciation
8.60%
Original Mortgage
$99,900
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2016
Sold by
Hsbc Bank Usa Na
Bought by
Star City Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,928
Interest Rate
3.54%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 21, 2016
Sold by
Trustee Services Of Virginia Llc and Spencer Charles W
Bought by
Hsbc Bank Usa Na Tr
Source: Public Records

Range of Values:

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Savo Michelle Lin $111,000 None Available
Star City Investments Llc $50,477 Firs Americab Title Ins
Hsbc Bank Usa Na Tr $109,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savo Michelle Lin $94,200
Closed Savo Michelle Lin $99,900
Previous Owner Star City Investments Llc $79,928
Previous Owner Spencer Charles W $190,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2017 03/03/17 Sold $111,000 +1.0% $75 / Sq Ft
01/14/2017 01/14/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $109,950 -- $74 / 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 $2,425 $185,800 $33,300 $152,500
2023 $2,425 $169,500 $29,000 $140,500
2022 $1,961 $148,700 $24,000 $124,700
2021 $1,783 $134,500 $19,600 $114,900
2020 $1,705 $129,200 $19,600 $109,600
2019 $1,579 $118,900 $18,700 $100,200
2018 $1,447 $108,100 $18,700 $89,400
2017 $1,351 $108,100 $18,700 $89,400
2016 $1,351 $108,100 $18,700 $89,400
2015 $1,291 $109,100 $18,700 $90,400
2014 $1,291 $109,100 $18,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Payne

    Seller's Agent in 2017

    Rick Payne

    MKB, REALTORS(r)

    (540) 793-0442

    3 in this area

    94 Total Sales

    Rick Payne
    Section Image
  • Norm Pullen

    Buyer's Agent in 2017

    Norm Pullen

    KELLER WILLIAMS REALTY ROANOKE

    (540) 330-6906

    28 in this area

    394 Total Sales

    Norm Pullen
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 832994

Roanoke Valley Association of REALTORS®

APN: 152-0404

Virginia Roanoke City County Roanoke 24015 Raleigh Court

2540 Memorial Ave SW, Roanoke, VA

This home is located at 2540 Memorial Ave SW, Roanoke, VA 24015 since 06 January 2017 and is currently estimated at $230,846, approximately $155 per square foot. This property was built in 1954. 2540 Memorial Ave SW is a home located in Roanoke City with nearby schools including Virginia Heights Elementary School, Woodrow Wilson 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.

Nearby Homes