3362 Brandywine Ave Roanoke, VA 24018
Cave Spring NeighborhoodHighlights
- No HOA
- Green Valley Elementary School Rated A-
- Baseboard Heating
About This Home
As of November 2015Rare offering of a brick 4 unit apartment building in SW County. This quad features spacious 1 BR units in a quiet neighborhood setting located less than a mile from Cave Spring Corners. Rents are drastically under market at $465/unit. With 4 units priced competitively with many of the recent duplex sales in the area, this property offers tremendous value & upside for investors or owner occupants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,756
Year Built
- Built in 1961
Home Design
- Quadruplex
- Brick Exterior Construction
Interior Spaces
- 3,456 Sq Ft Home
- Partial Basement
Lot Details
- Lot Dimensions are 48 x 144
Schools
- Green Valley Elementary School
- Hidden Valley Middle School
- Hidden Valley High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Water Heater
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 14
Community Details
Overview
- No Home Owners Association
- 4 Units
- Mount Vernon Heights Subdivision
Building Details
- 4 Leased Units
- Electric Expense $600
- Insurance Expense $1,200
- Maintenance Expense $2,120
- Water Sewer Expense $1,440
- New Taxes Expense $1,756
- Operating Expense $7,116
- Gross Income $22,320
- Net Operating Income $14,088
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 11/23/2015 11/23/15 | Sold | $195,000 | -13.3% | $56 / Sq Ft |
| 09/19/2015 09/19/15 | Pending | -- | -- | -- |
| 09/07/2015 09/07/15 | For Sale | $225,000 | -- | $65 / Sq Ft |
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 | $2,327 | $225,900 | $41,500 | $184,400 |
| 2025 | $2,291 | $222,400 | $40,000 | $182,400 |
| 2024 | $2,228 | $214,200 | $40,000 | $174,200 |
| 2023 | $2,123 | $200,300 | $40,000 | $160,300 |
| 2022 | $2,132 | $195,600 | $40,000 | $155,600 |
| 2021 | $2,086 | $191,400 | $40,000 | $151,400 |
| 2020 | $2,071 | $190,000 | $40,000 | $150,000 |
| 2019 | $2,023 | $185,600 | $40,000 | $145,600 |
| 2018 | $1,875 | $181,100 | $40,000 | $141,100 |
| 2017 | $1,875 | $172,000 | $40,000 | $132,000 |
| 2016 | $1,760 | $161,500 | $36,000 | $125,500 |
| 2015 | $1,756 | $161,100 | $34,500 | $126,600 |
| 2014 | $1,765 | $161,900 | $34,500 | $127,400 |
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 819082
APN: 077.10-05-31
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.
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Ask me questions while you tour the home.