NOT LISTED FOR SALE

405 5th St Unit 407 & 409 Vinton, VA 24179

Estimated Value: $300,000 - $342,304

6 Beds
3 Baths
2,592 Sq Ft
$124/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $309,950 $120 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,978/month

1 Day on Market

Highlights

  • No HOA
  • William Byrd High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of October 2022

Extremely well maintained triplex in Roanoke County. Owner has owned this building for 36 years. One unit is leased for 750/mo. but could rent for more. Two units are vacant, and can easily rent for 950 or more/mo. Detached garage with two separate bays that can possibly be rented for 225 each. Lots of upgrades to all three units. Two of the units have washer and dryer that will convey. All units have ranges and refrigerators that will convey. Lockbox keys will access units 405 and 407. Contact LA for access to 409 and the two garages. Listing Agent is Owner/Seller. Inspections are welcome, but property to be sold ''AS IS''.

Last Agent to Sell the Property

DONALD L THAXTON

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225034292 Listed on: 10/04/2022

Last Buyer's Agent

Alicia Ice

KELLER WILLIAMS REALTY ROANOKE License #0225250103

KELLER WILLIAMS REALTY ROANOKE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,017

Year Built

  • Built in 1970

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • 4 Parking Spaces

Home Design

  • 2,592 Sq Ft Home
  • Triplex
  • Brick Exterior Construction

Basement

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heating
  • Tax Lot NEW LT 7

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 1 Leased Unit
  • Insurance Expense $917
  • Water Sewer Expense $454
  • New Taxes Expense $2,017
  • Operating Expense $3,388
  • Gross Income $13,870
  • Net Operating Income $10,482

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,017

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Heating System: Forced Air Electric
  • Type: Multi-Family
  • Has Basement: Walkout - Full
  • Cooling System: Central Cooling
  • CondoAssocYN: No
  • ExpensesTaxExp: 2017.00
  • Internet Access: Cable
  • Major Area: 02 - Roanoke County
  • MiscellaneousInfoUpgrades: YES
  • NumberLeasedUnits: 1.00
  • NumberUnfurnished: 3.00
  • NumberVehicleSpaces: 4.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2022-10-05
  • TotalAnnualExpen: 3388.00
  • 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: 454.00
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Current Lease
  • Amenities Common: Cable TV

Schools

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

Lot Info

  • Lot Dimensions: 50 X 150
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.17
  • Lot: NEW LT 7
  • Present Use: Built-As
  • ZoningCode: R2

Building Info

  • Year Built: 1970

Tax Info

  • Taxes (6 mo): 2017.00
  • FILLTAXID: 060.15-02-08.00-0000

Multi Family

  • Lease Type: Two Year
  • Tenant Pays: Air Conditioning, Electricity, Heating
  • Units In Building: 3.00
  • Multi Family Type: Triplex

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
Oct 4, 2022
Closed on
Oct 21, 2022
Sold by
Donald Thaxton Living Trust
Bought by
Wm Corner Properties Llc
Seller's Agent
DONALD L THAXTON
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Alicia Ice
KELLER WILLIAMS REALTY ROANOKE
List Price
$309,950
Sold Price
$309,950
Current Estimated Value
$321,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,876
Avg. Annual Appreciation
3.06%
Original Mortgage
$248,000
Outstanding Balance
$243,198
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$92,412
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Wm Corner Properties Llc $309,950 Century Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wm Corner Properties Llc $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $309,950 0.0% $120 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $309,950 -- $120 / 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 $2,220 $213,500 $44,400 $169,100
2023 $2,241 $211,400 $44,400 $167,000
2022 $1,896 $173,900 $38,400 $135,500
2021 $1,781 $163,400 $33,600 $129,800
2020 $1,682 $154,300 $28,800 $125,500
2019 $1,626 $149,200 $26,400 $122,800
2018 $1,612 $145,400 $26,400 $119,000
2017 $1,612 $147,900 $26,400 $121,500
2016 $1,615 $148,200 $26,400 $121,800
2015 $1,600 $146,800 $26,400 $120,400
2014 $1,609 $147,600 $26,400 $121,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    DONALD L THAXTON

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    5 Total Sales

    DONALD L THAXTON
    Section Image

  • A

    Buyer's Agent in 2022

    Alicia Ice

    KELLER WILLIAMS REALTY ROANOKE

    (540) 855-4840

    20 Total Sales

    Alicia Ice
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 893423

Roanoke Valley Association of REALTORS®

APN: 060-15-02-08

Virginia Roanoke County Vinton 24179

405 5th St Unit 407 & 409, Vinton, VA

This home is located at 405 5th St Unit 407 & 409, Vinton, VA 24179 since 04 October 2022 and is currently estimated at $321,826, approximately $124 per square foot. This property was built in 1970. 405 5th St Unit 407 & 409 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.

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