NOT LISTED FOR SALE

351 Vista Ave Unit 353, 355 Roanoke, VA 24019

Estimated Value: $285,000 - $352,000

6 Beds
3 Baths
2,592 Sq Ft
$125/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $205,000 $79 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,007/month

161 Days on Market

About This Home

As of December 2018

Best buy in north county! This 3 unit, 2 bedroom building has long term tenants. Monthly rents are $2275. All units are equipped with dishwasher, range, refrigerator and washer/dryer. Two washer/dryer units are stackable and one is side by side all pass ''as is''.

Last Agent to Sell the Property

Bob Sanders

GREENE REAL ESTATE CENTER, INC License #0225226445 Listed on: 06/19/2018

Last Buyer's Agent

Mary Kay Thurman

RE/MAX ALL STARS License #0225029632

RE/MAX ALL STARS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,532

Year Built

  • Built in 1979

Lot Details

  • 0.25 Acre Lot

Home Design

  • 2,592 Sq Ft Home
  • Triplex

Basement

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

Schools

  • Mountain View Elementary School
  • Northside Middle School
  • Northside High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 2

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Manager Expense $1,224
  • Water Sewer Expense $1,080
  • New Taxes Expense $1,532
  • Operating Expense $4,686
  • Gross Income $27,300
  • Net Operating Income $22,614

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,532

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Walkout - Full
  • Cooling System: Heat Pump Electric
  • ExpensesManagementExp: 1224.00
  • ExpensesTaxExp: 1532.00
  • Major Area: 02 - Roanoke County
  • NumberLeasedUnits: 3.00
  • NumberUnfurnished: 3.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2018-11-27
  • TotalAnnualExpen: 4686.00
  • 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: Private Septic
  • Expenses Water Exp: 1080.00
  • Water Description: Public Water
  • Water Heater Type: Tank

Schools

  • Elementary School: Mountain View
  • Middle School: Northside
  • High School: Northside

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.25
  • Lot: 2
  • Present Use: Built-As
  • ZoningCode: R-3

Building Info

  • Year Built: 1979

Tax Info

  • Taxes (6 mo): 1532.00
  • FILLTAXID: 038.12-04-02.00-0000

Multi Family

  • Lease Type: Month-to-Month
  • Tenant Pays: Electricity
  • Units In Building: 3.00
  • Multi Family Type: Triplex

MLS Schools

  • Elementary School: Mountain View
  • HighSchool: Northside
  • Middle School: Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2018
Closed on
Nov 21, 2018
Sold by
Grassroots Maintenance Inc
Bought by
Rose Jonathan N and Rose David L
Seller's Agent
Bob Sanders
GREENE REAL ESTATE CENTER, INC
Buyer's Agent
Mary Kay Thurman
RE/MAX ALL STARS
List Price
$219,950
Sold Price
$205,000
Premium/Discount to List
-$14,950
-6.8%
Total Days on Market
161
Current Estimated Value
$324,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,771
Avg. Annual Appreciation
9.30%
Original Mortgage
$153,750
Outstanding Balance
$105,314
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$258,446

Purchase Details

Closed on
May 25, 2015
Sold by
Peters Norma Jean
Bought by
Grassroots Maintenance Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,675
Interest Rate
3.83%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Rose Jonathan N $205,000 Colonial Title & Settlement
Grassroots Maintenance Inc $135,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Jonathan N $153,750
Previous Owner Grassroots Maintenance Inc $123,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $205,000 -6.8% $79 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $219,950 -- $85 / 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 $2,203 $211,800 $34,000 $177,800
2023 $1,989 $187,600 $33,000 $154,600
2022 $1,922 $176,300 $32,000 $144,300
2021 $1,850 $169,700 $30,000 $139,700
2020 $1,805 $165,600 $30,000 $135,600
2019 $1,680 $154,100 $30,000 $124,100
2018 $1,516 $140,500 $30,000 $110,500
2017 $1,516 $139,100 $30,000 $109,100
2016 $1,516 $139,100 $30,000 $109,100
2015 $1,531 $140,500 $30,000 $110,500
2014 $1,495 $137,200 $30,000 $107,200
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bob Sanders

    GREENE REAL ESTATE CENTER, INC

    (540) 293-5266

    7 Total Sales

    Bob Sanders
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 849648

Roanoke Valley Association of REALTORS®

APN: 038.12-04-02

Virginia Roanoke County Roanoke 24012

351 Vista Ave Unit 353, 355, Roanoke, VA

This home is located at 351 Vista Ave Unit 353, 355, Roanoke, VA 24019 since 19 June 2018 and is currently estimated at $324,771, approximately $125 per square foot. This property was built in 1979. 351 Vista Ave Unit 353, 355 is a home located in Roanoke County with nearby schools including Mountain View Elementary School, Northside Middle School, and Northside High School.

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