NOT LISTED FOR SALE

409 Vista Ave Unit 411 Roanoke, VA 24019

Estimated Value: $329,000 - $361,540

6 Beds
3 Baths
2,688 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 23, 2019

Last sale price $225,000 $84 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,095/month

147 Days on Market

About This Home

As of October 2019

Multifamily Portfolio For Sale. Properties may be grouped and purchased for buyers uninterested in all six assets but owner will not sell the properties individually. Subject is a fully occupied Roanoke County Triplex. All are 2BR's with 1 full bath. Two units are townhouse style with private decks overlooking a partially wooded back yard. Third unit is a single level basement unit with a private drive. May be purchased as part of a 15 unit portfolio of duplexes, triplex's and other multifamily assets.MLS #'s included are:858098858097858096858095858094858092

Last Agent to Sell the Property

Jason Fountain

VRC PROPERTIES LLC License #0225077081 Listed on: 04/12/2019

Co-Listed By

Matthew Zimmerman

WALDVOGEL COMMERCIAL PROPERTIES License #0225229039

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

  • $1,578

Year Built

  • Built in 1979

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 150x75

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 2,688 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 4 / 1

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Operating Expense $8,225
  • Gross Income $24,300
  • Net Operating Income $14,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,578

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Full Basement
  • Cooling System: Central Cooling
  • Major Area: 02 - Roanoke County
  • NumberLeasedUnits: 3.00
  • NumberUnfurnished: 3.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2019-09-06
  • TotalAnnualExpen: 8225.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 150x75
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.25
  • Lot: 4
  • Present Use: Built-As

Building Info

  • Year Built: 1979

Tax Info

  • Taxes (6 mo): 1578.00
  • FILLTAXID: 038.12-04-04.00-0000

Multi Family

  • 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
Apr 12, 2019
Closed on
Oct 7, 2019
Sold by
409 Vista Llc
Bought by
Rose Jonathan N and Rose David L
Seller's Agent
Jason Fountain
VRC PROPERTIES LLC
Buyer's Agent
Mary Kay Thurman
RE/MAX ALL STARS
List Price
$215,000
Sold Price
$225,000
Premium/Discount to List
$10,000
4.65%
Current Estimated Value
$348,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,635
Avg. Annual Appreciation
6.55%
Original Mortgage
$168,750
Outstanding Balance
$116,855
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$209,028

Purchase Details

Closed on
Jan 9, 2018
Sold by
Williams Robert B and Williams Holly
Bought by
409 Vista Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
3.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 24, 2006
Sold by
Shiffer Zachary S
Bought by
Williams Robert B and Williams Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7%
Mortgage Type
New Conventional
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
Rose Jonathan N $225,000 Colonial Title
409 Vista Llc $190,000 First Choice Title & Settlem
Williams Robert B $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Jonathan N $168,750
Previous Owner 409 Vista Llc $155,200
Previous Owner Williams Robert B $204,953
Previous Owner Williams Robert B $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2019 10/23/19 Sold $225,000 +4.7% $84 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $215,000 -- $80 / 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 $2,338 $224,800 $34,000 $190,800
2023 $2,167 $204,400 $33,000 $171,400
2022 $2,092 $191,900 $32,000 $159,900
2021 $2,013 $184,700 $30,000 $154,700
2020 $1,912 $175,400 $30,000 $145,400
2019 $1,749 $160,500 $30,000 $130,500
2018 $1,578 $146,200 $30,000 $116,200
2017 $1,578 $144,800 $30,000 $114,800
2016 $1,578 $144,800 $30,000 $114,800
2015 $1,606 $147,300 $30,000 $117,300
2014 $1,570 $144,000 $30,000 $114,000
Source: Public Records

Agents Affiliated with this Home

  • Jason Fountain

    Seller's Agent in 2019

    Jason Fountain

    VRC PROPERTIES LLC

    (540) 354-6456

    54 Total Sales

    Jason Fountain
    Section Image
  • Matthew Zimmerman

    Seller Co-Listing Agent in 2019

    Matthew Zimmerman

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 759-1884

    41 Total Sales

    Matthew Zimmerman
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 858095

Roanoke Valley Association of REALTORS®

APN: 038.12-04-04

Virginia Roanoke County Roanoke 24012

409 Vista Ave Unit 411, Roanoke, VA

This home is located at 409 Vista Ave Unit 411, Roanoke, VA 24019 since 12 April 2019 and is currently estimated at $348,635, approximately $129 per square foot. This property was built in 1979. 409 Vista Ave Unit 411 is a home located in Roanoke County with nearby schools including Mountain View Elementary School, Northside Middle School, and Northside 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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