NOT LISTED FOR SALE

411 Walnut Ave SW Roanoke, VA 24016

Old Southwest Neighborhood
7 Beds
5 Baths
2,929 Sq Ft
11,761 Sq Ft Lot

Last Sold January 29, 2018

Last sale price $201,500 $69 Per Sq Ft

50 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 3-minute walk to Highland Dog Park

About This Home

As of January 2018

Located in Old Southwest, down the street from Highland Park & Highland Elementary. Fully leased, generating income.

Last Agent to Sell the Property

Stuart Meredith, CCIM, SIOR

EDWIN C HALL ASSOCIATES INC License #0225043380 Listed on: 12/10/2017

Co-Listed By

Lynn Hall

EDWIN C HALL ASSOCIATES INC License #0225041534

Last Buyer's Agent

Lynn Hall

EDWIN C HALL ASSOCIATES INC License #0225041534

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,057

Year Built

  • Built in 1890

Lot Details

  • 11,761 Sq Ft Lot
  • Lot Dimensions are 130 x 90

Parking

  • On-Street Parking

Home Design

  • 2,929 Sq Ft Home
  • Quadruplex

Schools

  • Highland Park Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for cable TV
  • Legal Lot and Block 6A / 3

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Old Southwest Subdivision

Building Details

  • 4 Leased Units
  • Maintenance Expense $6,087
  • Manager Expense $2,559
  • Operating Expense $16,900
  • Gross Income $9,544
  • Net Operating Income $26,444

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,057

Year Built

Built in 1890

Lot Details

0.27 Acres

Listing Details

  • Heating System: Forced Air Gas
  • Type: Multi-Family
  • Has Basement: Other - See Remarks
  • Cooling System: No Cooling System, Window A/C
  • ExpensesManagementExp: 2559.00
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 4.00
  • NumberUnfurnished: 4.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 16900.00
  • Water Class: N/A
  • Water Heater Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Street

Utilities

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

Lot Info

  • Lot Dimensions: 130 x 90
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.27
  • Lot: 6A
  • Present Use: Built-As

Building Info

  • Year Built: 1890

Tax Info

  • Taxes (6 mo): 2057.00

Multi Family

  • Tenant Pays: Cable TV
  • Units In Building: 4.00
  • Multi Family Type: Quad

MLS Schools

  • Elementary School: Highland Park
  • HighSchool: Patrick Henry
  • Middle School: James Madison
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2018 01/29/18 Sold $201,500 +0.8% $69 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
12/10/2017 12/10/17 For Sale $199,950 -- $68 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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
2026 $3,317 $271,900 $56,800 $215,100
2025 $3,692 $271,900 $56,800 $215,100
2024 $3,692 $261,700 $56,800 $204,900
2023 $3,557 $220,700 $56,800 $163,900
2022 $2,893 $209,900 $50,800 $159,100
2021 $2,836 $206,600 $47,500 $159,100
2020 $2,810 $206,600 $47,500 $159,100
2019 $2,601 $189,500 $38,000 $151,500
2018 $2,538 $184,300 $32,800 $151,500
2017 $2,207 $172,900 $32,800 $140,100
2016 $2,175 $170,300 $32,800 $137,500
2015 $2,088 $170,300 $32,800 $137,500
2014 $2,088 $170,300 $32,800 $137,500
Source: Public Records

Agents Affiliated with this Home

  • Lynn Hall

    Seller Co-Listing Agent in 2018

    Lynn Hall

    EDWIN C HALL ASSOCIATES INC

    (540) 982-5703

    35 Total Sales

    Lynn Hall
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 843614

Roanoke Valley Association of REALTORS®

APN: 102-2811

Virginia Roanoke City County Roanoke 24016 Old Southwest

411 Walnut Ave SW, Roanoke, VA

Not Listed for Sale

MultiFamily

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