NOT LISTED FOR SALE

306 Mountain Ave SW Roanoke, VA 24016

Old Southwest Neighborhood
4 Beds
3 Baths
2,848 Sq Ft
6,970 Sq Ft Lot

Last Sold July 05, 2022

Last sale price $263,900 $93 Per Sq Ft

About This Home

As of July 2022

Listed and Sold the same day-Beautiful duplex in Old Southwest. Both units have 3 bedrooms/2 bathrooms. Possibility to convert to a triplex! Central air in top unit. Double porch on the back. Private parking from the alley.

Last Agent to Sell the Property

Jennifer Porter

EMBOLDEN REALTY GROUP License #0225243694 Listed on: 05/16/2022

EMBOLDEN REALTY GROUP

Last Buyer's Agent

Jennifer Porter

EMBOLDEN REALTY GROUP License #0225243694 Listed on: 05/16/2022

EMBOLDEN REALTY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 46x150

Home Design

  • Duplex

Interior Spaces

  • 2,848 Sq Ft Home
  • Crawl Space

Schools

  • Highland Park Elementary School
  • James Madison Middle School
  • William Fleming High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Radiator
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 7 / 1

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Old Southwest Subdivision

Building Details

  • 1 Leased Unit
  • Operating Expense $1,200
  • Gross Income $20,400
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,600

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric, Radiator Gas Heat
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: Central Cooling, Window A/C
  • CondoAssocYN: No
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 1.00
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • SubdivisionMap: Old Southwest
  • TotalAnnualExpen: 1200.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Lot Info

  • Lot Dimensions: 46x150
  • Property Group Id: 19990816212116581394000000
  • Lot: 7
  • ZoningCode: MX

Building Info

  • Year Built: 1900

Tax Info

  • Taxes (6 mo): 2600.00

Multi Family

  • Tenant Pays: Electricity, Gas
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Highland Park
  • HighSchool: William Fleming
  • Middle School: James Madison

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2022 07/05/22 Sold $263,900 +5.6% $93 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $250,000 -- $88 / 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 $3,377 $248,900 $64,400 $184,500
2024 $3,377 $239,400 $58,500 $180,900
2023 $3,252 $212,400 $55,100 $157,300
2022 $2,648 $191,900 $55,100 $136,800
2021 $2,594 $188,500 $51,700 $136,800
2020 $2,567 $188,500 $51,700 $136,800
2019 $2,525 $185,000 $48,200 $136,800
2018 $2,401 $174,900 $48,200 $126,700
2017 $2,035 $160,600 $42,700 $117,900
2016 $1,984 $156,400 $42,700 $113,700
2015 $2,415 $156,400 $42,700 $113,700
2014 $2,415 $196,100 $0 $153,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jennifer Porter

    EMBOLDEN REALTY GROUP

    (540) 397-5259

    2 in this area

    124 Total Sales

    Jennifer Porter
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 889538

Roanoke Valley Association of REALTORS®

APN: 102-1508

Virginia Roanoke City County Roanoke 24016 Old Southwest

306 Mountain Ave SW, Roanoke, VA

Not Listed for Sale

MultiFamily

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