NOT LISTED FOR SALE

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

Vinton Area

Estimated Value: $283,000 - $372,535

6 Beds
3 Baths
2,592 Sq Ft
$131/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2022

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

Est. 10% increase in value since last sale

Current estimated payment $2,075 / mo

1 Day on Market

Highlights

  • No HOA
  • Herman L. Horn Elementary School Rated 9+
  • 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®- LAKE License #0225034292 Listed on: 10/04/2022

Last Buyer's Agent

Alicia Ice

KELLER WILLIAMS REALTY ROANOKE License #0225250103

KELLER WILLIAMS REALTY ROANOKE

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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

7,405 Sq Ft Lot

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
  • 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

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

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

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 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
Seller's Agent
DONALD L THAXTON
WAINWRIGHT & CO., REALTORS®- LAKE
Buyer's Agent
Alicia Ice
KELLER WILLIAMS REALTY ROANOKE
List Price
$309,950
Sold Price
$309,950
Current Estimated Value
$340,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,434
Avg. Annual Appreciation
2.46%
Original Mortgage
$248,000
Outstanding Balance
$238,008
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$102,376
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Vinton, VA

  • Steven Lee Real Estate Agent - RED KEY REALTY INC

    Steven Lee

    RED KEY REALTY INC

    (540) 900-3554

    59 Total Sales

    3 in Vinton

    $194K - $341K Price Range

    Steven Lee
     Section Image
  • John Smith Real Estate Agent - WEST LAKE REAL ESTATE

    John Smith

    WEST LAKE REAL ESTATE

    (540) 632-4137

    90 Total Sales

    4 in Vinton

    $132K - $333K Price Range

    John Smith
     Section Image
  • Charlene Jones Real Estate Agent - Re/Max Lakefront Realty

    Charlene Jones

    Re/Max Lakefront Realty

    (540) 698-4928

    183 Total Sales

    2 in Vinton

    $226,597 Price Range

    Charlene Jones
     Section Image
  • Billy Kingery Real Estate Agent - MOUNTAIN TO LAKE REALTY

    Billy Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 590-5830

    372 Total Sales

    1 in Vinton

    $194,950 Price

    Billy Kingery
     Section Image
  • Brandon Black Real Estate Agent - Real Broker, LLC

    Brandon Black

    Real Broker, LLC

    (434) 300-3675

    65 Total Sales

    1 in Vinton

    $191,500 Price

    Brandon Black
     Section Image
  • Chris Reavis Real Estate Agent - MKB, REALTORS®

    Chris Reavis

    MKB, REALTORS®

    (540) 283-5635

    45 Total Sales

    1 in Vinton

    $291,000 Price

    Chris Reavis
     Section Image
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Purchase 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 Buyer Sale Price Title Company
$309,950 Century Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $248,000
Source: Public Records

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
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

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 $2,362 $229,300 $46,800 $182,500
2025 $2,307 $224,000 $46,800 $177,200
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

  • DL

    Seller's Agent in 2022

    DONALD L THAXTON

    WAINWRIGHT & CO., REALTORS®- LAKE

    (540) 765-7430

    5 Total Sales

    DONALD L THAXTON
    Section Image

  • AI

    Buyer's Agent in 2022

    Alicia Ice

    KELLER WILLIAMS REALTY ROANOKE

    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

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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