NOT LISTED FOR SALE

323 Cedar Ave Unit 325 Vinton, VA 24179

Estimated Value: $290,000 - $343,000

4 Beds
2 Baths
4,141 Sq Ft
$77/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $270,000 $65 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,053/month

5 Days on Market

Highlights

  • No HOA
  • Central Air
  • Baseboard Heating
  • William Byrd High School Rated A-

About This Home

As of February 2019

This listing has 2 separate dwellings, a duplex and a triplex located at the corner of 4th St and Cedar Ave. Both dwellings are located on the same parcel. 5 units, each containing 2 bedrooms and 1 full bathroom. Some units have had recent updates such as new carpet, vinyl plank flooring, paint. All units currently occupied. Great Investment opportunity!

Last Agent to Sell the Property

Barry Compton

RED KEY REALTY INC License #0225040865 Listed on: 01/17/2019

Last Buyer's Agent

Cody McCraw

KELLER WILLIAMS REALTY ROANOKE License #0225193921

KELLER WILLIAMS REALTY ROANOKE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,703

Year Built

  • Built in 1965

Lot Details

  • 0.32 Acre Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,141 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Herman L. Horn Elementary School
  • William Byrd Middle School
  • William Byrd High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heat Pump System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • Legal Lot and Block 1-A / 17

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 5 Leased Units
  • Operating Expense $8,055
  • Gross Income $17,490
  • Net Operating Income $25,545

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,703

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Heating System: Baseboard Electric, Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Full Basement
  • Cooling System: Central Cooling, Window A/C
  • Major Area: 02 - Roanoke County
  • NumberLeasedUnits: 5.00
  • NumberUnfurnished: 5.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2019-01-22
  • TotalAnnualExpen: 8055.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

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

Schools

  • Elementary School: Herman L. Horn
  • Middle School: William Byrd
  • High School: William Byrd

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.32
  • Lot: 1-A

Building Info

  • Year Built: 1965

Tax Info

  • Taxes (6 mo): 2703.00
  • FILLTAXID: 060.15-04-22.00-0000

Multi Family

  • Tenant Pays: Deposit, Electricity
  • Units In Building: 5.00
  • Multi Family Type: Other - See Remarks

MLS Schools

  • Elementary School: Herman L. Horn
  • HighSchool: William Byrd
  • Middle School: William Byrd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2019
Closed on
Feb 12, 2019
Sold by
Debusk Thomas I and Debusk Carol S
Bought by
Cmoney Investments Llc
Seller's Agent
Barry Compton
RED KEY REALTY INC
Buyer's Agent
Cody McCraw
KELLER WILLIAMS REALTY ROANOKE
List Price
$269,900
Sold Price
$270,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$320,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,835
Avg. Annual Appreciation
2.25%
Source: Public Records

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Range of Values:

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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
Cmoney Investments Llc $270,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cmoney Investments Llc $265,000
Closed Cmoney Investments Llc $268,000
Previous Owner Debusk Thomas I $210,000
Previous Owner Debusk Thomas I $212,530
Previous Owner Debusk Thomas I $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $270,000 0.0% $65 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $269,900 -- $65 / 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 $3,195 $307,200 $51,800 $255,400
2023 $3,234 $305,100 $51,800 $253,300
2022 $3,077 $282,300 $44,800 $237,500
2021 $2,893 $265,400 $39,200 $226,200
2020 $2,704 $248,100 $33,600 $214,500
2019 $2,576 $236,300 $30,800 $205,500
2018 $2,581 $232,200 $30,800 $201,400
2017 $2,581 $236,800 $30,800 $206,000
2016 $2,581 $236,800 $30,800 $206,000
2015 $2,566 $235,400 $30,800 $204,600
2014 $2,593 $237,900 $30,800 $207,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Barry Compton

    RED KEY REALTY INC

    (540) 293-5294

    196 Total Sales

    Barry Compton
    Section Image
  • Cody McCraw

    Buyer's Agent in 2019

    Cody McCraw

    KELLER WILLIAMS REALTY ROANOKE

    (540) 761-5820

    5 Total Sales

    Cody McCraw
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 855233

Roanoke Valley Association of REALTORS®

APN: 060.15-04-22

Virginia Roanoke County Vinton 24179

323 Cedar Ave Unit 325, Vinton, VA

This home is located at 323 Cedar Ave Unit 325, Vinton, VA 24179 since 17 January 2019 and is currently estimated at $320,835, approximately $77 per square foot. This property was built in 1965. 323 Cedar Ave Unit 325 is a home located in Roanoke County with nearby schools including Herman L. Horn Elementary School, William Byrd Middle School, and William Byrd 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.

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