NOT LISTED FOR SALE

4525 Shenandoah Ave NW Unit & 4517 Roanoke, VA 24017

Ridgewood Park Neighborhood
-- Bed
-- Bath
4,600 Sq Ft
4.9 Acres

Last Sold July 15, 2022

Last sale price $250,000 $54 Per Sq Ft

146 Days on Market

Highlights

  • City View
  • No HOA
  • High Speed Internet
  • 4.9 Acre Lot
  • Forced Air Heating System

About This Home

As of July 2022

ATTENTION INVESTORS!! 2 homes on this property - 4525 has a 2 family option with the upstairs having a kitchen, bath, living area, bedroom, and private entrance. 4517 is a separate home and is currently rented. It is a one or 2 bedrooms, one bath home. Lawson and Associates manage these properties. Lease is available upon request. Tenants are responsible for their own utilities. Property is serviced by a private well and septic system. Another building on property that could be converted into another rental property - no water or electric currently at building.

Last Agent to Sell the Property

Debra Giles

EXP REALTY LLC - STAFFORD License #0225049615 Listed on: 01/28/2022

EXP REALTY LLC - STAFFORD

Last Buyer's Agent

Rich Northrup

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225244093

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1945

Lot Details

  • 4.9 Acre Lot

Parking

  • 9 Parking Spaces

Home Design

  • Stone Siding

Interior Spaces

  • 4,600 Sq Ft Home
  • City Views
  • Basement Fills Entire Space Under The House

Schools

  • Fairview Elementary School
  • Woodrow Wilson Middle School
  • Patrick Henry High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, heating

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Webb Farm Subdivision

Building Details

  • 2 Leased Units
  • Insurance Expense $800
  • Manager Expense $2,184
  • New Taxes Expense $3,000
  • Operating Expense $5,984
  • Gross Income $21,840
  • Net Operating Income $15,856

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,600

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Heating System: Forced Air Oil
  • Type: Multi-Family
  • Has Basement: Full Basement
  • Cooling System: Window A/C
  • Views: City
  • CondoAssocYN: No
  • ExpensesManagementExp: 2184.00
  • ExpensesTaxExp: 3000.00
  • Internet Access: Cable, DSL
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 3.00
  • NumberVehicleSpaces: 9.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2022-06-23
  • TotalAnnualExpen: 5984.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Current Lease, Pet Allowed
  • Amenities Common: Cable TV

Schools

  • Elementary School: Fairview
  • Middle School: Woodrow Wilson
  • High School: Patrick Henry

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 4.90
  • ZoningCode: R-12

Building Info

  • Year Built: 1945

Tax Info

  • Taxes (6 mo): 3600.00
  • FILLTAXID: 6040309

Multi Family

  • Lease Type: Renewable Option
  • Tenant Pays: Electricity, Heating
  • Units In Building: 3.00
  • Multi Family Type: Other - See Remarks

MLS Schools

  • Elementary School: Fairview
  • HighSchool: Patrick Henry
  • Middle School: Woodrow Wilson

Range of Values:

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Sold Price
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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 Change Sq Ft Price
07/15/2022 07/15/22 Sold $250,000 -9.1% $54 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $275,000 +49.5% $60 / Sq Ft
07/30/2012 07/30/12 Sold $184,000 -5.6% $40 / Sq Ft
05/18/2012 05/18/12 Pending -- -- --
10/07/2011 10/07/11 For Sale $195,000 -- $42 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 886640

Roanoke Valley Association of REALTORS®

APN: 604-0309