NOT LISTED FOR SALE

411 Walnut Ave SW Roanoke, VA 24016

Old Southwest Neighborhood
7 Beds
5 Baths
2,929 Sq Ft
0.27 Acre Lot

Sale Details

Date 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

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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

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

Closed on
Jul 6, 2020
Sold by
Cheatham Justin R
Bought by

Purchase Details

Listed on
Dec 10, 2017
Closed on
Jan 30, 2018
Sold by
Carter Bank & Trust
Bought by
Cheatham Justin R
Seller's Agent
Stuart Meredith, CCIM, SIOR
EDWIN C HALL ASSOCIATES INC
Buyer's Agent
Lynn Hall
EDWIN C HALL ASSOCIATES INC
List Price
$199,950
Sold Price
$201,500
Premium/Discount to List
$1,550
0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,125
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2010
Sold by
Small Properties Llc
Bought by
Carter Bank & Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Old Southwest, VA

  • Debbie Shelton Real Estate Agent - BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Debbie Shelton

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 329-3697

    159 Total Sales

    2 in Old Southwest

    $637,500 Price Range

    Debbie Shelton
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  • Brad Thomas Real Estate Agent - MOUNTAIN VIEW REAL ESTATE LLC

    Brad Thomas

    Responds Quickly

    MOUNTAIN VIEW REAL ESTATE LLC

    (540) 900-1493

    553 Total Sales

    2 in Old Southwest

    $228K - $1M Price Range

    Brad Thomas
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  • Thomas Fellers Real Estate Agent - MKB, Roanoke

    Thomas Fellers

    MKB, Roanoke

    (540) 427-7269

    223 Total Sales

    2 in Old Southwest

    $290K - $434K Price Range

    Thomas Fellers
     Section Image
  • DON MARR Real Estate Agent - NEXTHOME TWOFOURFIVE

    DON MARR

    NEXTHOME TWOFOURFIVE

    (434) 771-2354

    78 Total Sales

    2 in Old Southwest

    $270K - $390K Price Range

    DON MARR
     Section Image
  • Marlee Russell Real Estate Agent - Nest Realty Roanoke

    Marlee Russell

    Nest Realty Roanoke

    (540) 699-1764

    85 Total Sales

    1 in Old Southwest

    $365,000 Price

    Marlee Russell
     Section Image
  • Tim Thompson Real Estate Agent - MKB, Roanoke

    Tim Thompson

    MKB, Roanoke

    (540) 900-3294

    123 Total Sales

    1 in Old Southwest

    $395,000 Price

    Tim Thompson
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See All Agents

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
-- Acquisition Ttl & Setmnt Agc
Cheatham Justin R $201,500 Century Title Services Inc
Carter Bank & Trust $152,000 None Available
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
Previous Owner $151,125
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
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

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 $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 Real Estate Agent - EDWIN C HALL ASSOCIATES INC

    Seller Co-Listing Agent in 2018

    Lynn Hall

    EDWIN C HALL ASSOCIATES INC

    (540) 982-5703

    26 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

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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