NOT LISTED FOR SALE

413 1st St SW Roanoke, VA 24011

Downtown Roanoke Neighborhood

Estimated Value: $1,062,014

-- Bed
-- Bath
4,291 Sq Ft
$247/Sq Ft Est. Value

About This Home

This home is located at 413 1st St SW, Roanoke, VA 24011 and is currently estimated at $1,062,014, approximately $247 per square foot. 413 1st St SW is a home located in Roanoke City with nearby schools including Highland Park Elementary School, James Madison Middle School, and William Fleming High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2023
Sold by
Patel786 Llc
Bought by
Martins Downtown Llc
Current Estimated Value
$1,062,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$739,643
Interest Rate
6.96%
Mortgage Type
Credit Line Revolving
Estimated Equity
$315,744

Purchase Details

Closed on
Dec 15, 2017
Sold by
Patel 786 Llc
Bought by
National Loan Investors Lp

Purchase Details

Closed on
Apr 11, 2013
Sold by
Patel Saurin and Patel Rajendrabhai
Bought by
786 Patel

Purchase Details

Closed on
Sep 18, 2007
Sold by
Albaco Properties Llc
Bought by
Patel Saurin and Patel Rajendrabhai G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Martins Downtown Llc $1,000,000 Sage Title
National Loan Investors Lp -- None Available
786 Patel -- None Available
Patel Saurin $310,000 Lawyers Title Ins Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martins Downtown Llc $750,000
Previous Owner Patel786 Llc $300,000
Previous Owner Patel Saurin $248,000
Source: Public Records

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 $6,310 $467,000 $178,000 $289,000
2023 $6,310 $424,500 $161,800 $262,700
2022 $5,717 $424,500 $161,800 $262,700
2021 $5,701 $424,500 $161,800 $262,700
2020 $6,086 $453,700 $161,800 $291,900
2019 $5,822 $434,500 $151,100 $283,400
2018 $5,624 $419,500 $147,200 $272,300
2017 $5,545 $413,500 $147,200 $266,300
2016 $5,407 $403,100 $142,000 $261,100
2015 $5,200 $403,100 $142,000 $261,100
2014 $5,200 $0 $142,000 $0
Source: Public Records

Map

Virginia Roanoke City County Roanoke 24011 Downtown Roanoke

413 1st St SW, Roanoke, VA

This home is located at 413 1st St SW, Roanoke, VA 24011 and is currently estimated at $1,062,014, approximately $247 per square foot. 413 1st St SW is a home located in Roanoke City with nearby schools including Highland Park Elementary School, James Madison Middle School, and William Fleming High School.

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