NOT LISTED FOR SALE

350 Mountain Ave SW Roanoke, VA 24016

Old Southwest Neighborhood
4 Beds
2 Baths
2,132 Sq Ft
4,356 Sq Ft Lot

Last Sold June 21, 2023

Last sale price $250,000 $117 Per Sq Ft

411 Days on Market

Highlights

  • City View
  • Central Air
  • 1 Furnished Unit
  • No HOA

About This Home

As of June 2023

Duplex blocks away from Jefferson College of Health and Sciences, restaurants, parks, shopping and Downtown. Hardwood floors throughout, new $30,000 metal roof, $28,000 foundation repair, updated kitchens, central heat and air, consistent rental history. Bottom unit is used as an Air BnB.

Last Agent to Sell the Property

Jenn Fountain

NEST REALTY ROANOKE License #0225206250 Listed on: 02/22/2022

NEST REALTY ROANOKE

Last Buyer's Agent

Jodi Stiles

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225052873

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,622

Year Built

  • Built in 1939

Lot Details

  • Lot Dimensions are 50x87

Home Design

  • Duplex

Interior Spaces

  • 2,132 Sq Ft Home
  • City Views
  • Basement
  • Dirt Floor

Schools

  • Highland Park Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • Legal Lot and Block N W PT L 15 / 18

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 1 Furnished Unit
  • Insurance Expense $778
  • Maintenance Expense $1,920
  • Water Sewer Expense $960
  • New Taxes Expense $2,173
  • Operating Expense $5,998
  • Gross Income $28,200
  • Net Operating Income $18,452

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,622

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Dirt - Partial
  • Cooling System: Central Cooling
  • Views: City
  • CondoAssocYN: No
  • ExpensesTaxExp: 2173.00
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 1.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2023-04-09
  • TotalAnnualExpen: 5998.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • 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
  • Expenses Water Exp: 960.00
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Current Lease

Schools

  • Elementary School: Highland Park
  • Middle School: James Madison
  • High School: Patrick Henry

Lot Info

  • Lot Dimensions: 50x87
  • Property Group Id: 19990816212116581394000000
  • Lot: N W PT L 15
  • Present Use: Converted

Rental Info

  • Number Furnished: 1.00

Building Info

  • Year Built: 1939

Tax Info

  • Taxes (6 mo): 2622.00
  • FILLTAXID: 1021409

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Deposit, Electricity
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Highland Park
  • HighSchool: Patrick Henry
  • Middle School: James Madison

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

Property History

Date Event Price Change Sq Ft Price
06/21/2023 06/21/23 Sold $250,000 -3.5% $117 / Sq Ft
04/09/2023 04/09/23 Pending -- -- --
03/28/2023 03/28/23 Price Changed $259,000 0.0% $121 / Sq Ft
03/28/2023 03/28/23 For Sale $259,000 +3.6% $121 / Sq Ft
02/22/2023 02/22/23 Off Market $250,000 -- --
02/22/2022 02/22/22 For Sale $265,000 -- $124 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jenn Fountain

    NEST REALTY ROANOKE

    (540) 314-0029

    1 in this area

    73 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    Jodi Stiles

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 793-3080

    2 in this area

    73 Total Sales

    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 887144

Roanoke Valley Association of REALTORS®

APN: 102-1409

Virginia Roanoke City County Roanoke 24016 Old Southwest

350 Mountain Ave SW, Roanoke, VA

This home is located at 350 Mountain Ave SW, Roanoke, VA 24016 since 22 February 2022. This property was built in 1939. 350 Mountain Ave SW is a home located in Roanoke City with nearby schools including Highland Park Elementary School, James Madison Middle School, and William Fleming 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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