NOT LISTED FOR SALE

406 Arbutus Ave SE Roanoke, VA 24014

Riverland-Walnut Hill Neighborhood

Estimated Value: $250,169 - $279,000

3 Beds
1.5 Baths
1,659 Sq Ft
$159/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $204,000 $123 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,664/month

135 Days on Market

Highlights

  • No HOA
  • Detached Carport Space
  • 2-minute walk to Piedmont Park
  • Crystal Spring Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of March 2022

406 Arbutus is a 3 bedroom 1 1/2 bath home and features 1659 Sqft of living space. The home is currently utilized as a rental property and is leased through July 2022. The continued commitment to growth in and around the hospital and research centers make this offering attractive from many perspectives. 24-48 hours notice required to show.

Last Agent to Sell the Property

Derek Hicks

WALDVOGEL COMMERCIAL PROPERTIES License #0225248097 Listed on: 09/21/2021

Co-Listed By

Matthew Zimmerman

WALDVOGEL COMMERCIAL PROPERTIES License #0225229039

Last Buyer's Agent

Tommy Nash

KELLER WILLIAMS REALTY ROANOKE License #0225253624

KELLER WILLIAMS REALTY ROANOKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,930

Year Built

  • Built in 1926

Lot Details

  • 6,970

Parking

  • Detached Carport Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,659 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

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

Schools

  • Crystal Spring Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Additional Features

  • 6,970 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 2 / 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,930

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Cooling System: Central Cooling
  • BedroomsBRUpperLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 840.00
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 1659
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 01 - City of Roanoke
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Detached
  • RatifiedContractDt: 2022-02-03
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 1659
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1659.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 819.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Schools

  • Elementary School: Crystal Spring
  • Middle School: James Madison
  • High School: Patrick Henry

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.16
  • Lot: 2

Building Info

  • Year Built: 1926

Tax Info

  • Taxes (6 mo): 1929.58
  • FILLTAXID: 4030702

MLS Schools

  • Elementary School: Crystal Spring
  • HighSchool: Patrick Henry
  • Middle School: James Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Mar 1, 2022
Sold by
Sycamore Forest Llc
Bought by
Klemm Kristin Leigh
Seller's Agent
Derek Hicks
WALDVOGEL COMMERCIAL PROPERTIES
Buyer's Agent
Tommy Nash
KELLER WILLIAMS REALTY ROANOKE
List Price
$204,000
Sold Price
$204,000
Current Estimated Value
$263,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,792
Avg. Annual Appreciation
6.17%
Original Mortgage
$183,600
Outstanding Balance
$172,666
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$78,576

Purchase Details

Listed on
Aug 10, 2017
Closed on
Sep 7, 2017
Sold by
Davis Wanda R
Bought by
Sycamore Forest Llc
Seller's Agent
Rick Stover
RE/MAX ALL STARS
Buyer's Agent
Rachele Hunley
POE & CRONK REAL ESTATE GROUP
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%
Original Mortgage
$114,750
Interest Rate
3.93%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Klemm Kristin Leigh $204,000 Fidelity National Title
Sycamore Forest Llc $135,000 Performance Title & Settleme
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klemm Kristin Leigh $183,600
Previous Owner Sycamore Forest Llc $114,750
Previous Owner Ritter James Alton $95,000
Previous Owner Ritter James A $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $204,000 0.0% $123 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
09/21/2021 09/21/21 For Sale $204,000 +51.1% $123 / Sq Ft
09/18/2017 09/18/17 Sold $135,000 0.0% $65 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $135,000 -- $65 / 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 $2,729 $206,800 $22,800 $184,000
2023 $2,729 $181,900 $20,900 $161,000
2022 $2,115 $158,200 $16,100 $142,100
2021 $1,930 $143,900 $13,400 $130,500
2020 $1,866 $139,800 $13,400 $126,400
2019 $1,719 $127,700 $13,400 $114,300
2018 $1,633 $120,700 $13,400 $107,300
2017 $1,487 $116,600 $13,400 $103,200
2016 $1,481 $116,100 $13,400 $102,700
2015 $1,520 $117,600 $13,400 $104,200
2014 $1,520 $0 $13,400 $111,100
Source: Public Records

Agents Affiliated with this Home

  • Derek Hicks

    Seller's Agent in 2022

    Derek Hicks

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 330-6126

    3 in this area

    49 Total Sales

    Derek Hicks
    Section Image
  • Matthew Zimmerman

    Seller Co-Listing Agent in 2022

    Matthew Zimmerman

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 759-1884

    3 in this area

    41 Total Sales

    Matthew Zimmerman
    Section Image

  • T

    Buyer's Agent in 2022

    Tommy Nash

    KELLER WILLIAMS REALTY ROANOKE

    (540) 204-1438

    1 in this area

    34 Total Sales

    Tommy Nash
    Section Image
  • Rick Stover

    Seller's Agent in 2017

    Rick Stover

    RE/MAX

    (540) 354-9628

    3 in this area

    443 Total Sales

    Rick Stover
    Section Image
  • Ryan Nicely

    Seller Co-Listing Agent in 2017

    Ryan Nicely

    RE/MAX

    (540) 769-9019

    3 in this area

    449 Total Sales

    Ryan Nicely
    Section Image

  • R

    Buyer's Agent in 2017

    Rachele Hunley

    POE & CRONK REAL ESTATE GROUP

    2 in this area

    82 Total Sales

    Rachele Hunley
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 884001

Roanoke Valley Association of REALTORS®

APN: 403-0702

Virginia Roanoke City County Roanoke 24014 Riverland-Walnut Hill

406 Arbutus Ave SE, Roanoke, VA

This home is located at 406 Arbutus Ave SE, Roanoke, VA 24014 since 21 September 2021 and is currently estimated at $263,792, approximately $159 per square foot. This property was built in 1926. 406 Arbutus Ave SE is a home located in Roanoke City with nearby schools including Crystal Spring Elementary School, James Madison Middle School, and Patrick Henry 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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