NOT LISTED FOR SALE

463 Arbutus Ave SE Roanoke, VA 24014

Riverland-Walnut Hill Neighborhood
3 Beds
2 Baths
1,386 Sq Ft
6,970 Sq Ft Lot

Last Sold January 05, 2017

Last sale price $110,000 $79 Per Sq Ft

Highlights

  • Mountain View
  • No HOA
  • Forced Air Heating System
  • Crystal Spring Elementary School Rated A-
  • Storage
  • 4-minute walk to Piedmont Park

About This Home

As of January 2017

Fantastic, updated duplex! Currently rented to students at Jefferson Health Sciences; rent one unit and let them pay your mortgage while living in the other unit! Replacement windows, newer heat pumps for each unit, fenced backyard, floors are lovely, clawfoot tub in one full bath upstairs, newer appliances in both units, wood burning fireplace! Sewer line from home to street has been replaced. Sidewalks, The Greenway nearby...minutes to downtown restaurants, shopping, the arts and so much more!

Last Agent to Sell the Property

Mary Helen Chisholm

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225096943 Listed on: 12/13/2016

Last Buyer's Agent

Rick Payne

MKB, REALTORS(r) License #0225191313

MKB, REALTORS(r)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,009

Year Built

  • Built in 1925

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 140

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,386 Sq Ft Home
  • Ceiling Fan
  • Fireplace Features Masonry
  • Storage
  • Mountain Views
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Crystal Spring Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 32 / 6

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Riverland Subdivision

Building Details

  • 1 Leased Unit
  • Operating Expense $2,800
  • Gross Income $14,400
  • Net Operating Income $11,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,009

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Masonry Fireplace, Storage
  • Heating System: Forced Air Gas, Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Full Basement
  • Cooling System: Heat Pump Electric
  • Views: Mountain
  • Internet Access: Cable
  • Major Area: 01 - City of Roanoke
  • MiscellaneousInfoPublicTransport: Yes
  • NumberLeasedUnits: 1.00
  • NumberUnfurnished: 2.00
  • NumberVehicleSpaces: 2.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 2800.00
  • 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: Street

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Maint-Free Exterior
  • Amenities Common: Cable TV

Lot Info

  • Lot Dimensions: 50 x 140
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.16
  • Lot: 32
  • Present Use: Converted
  • ZoningCode: 300-Multifamily

Building Info

  • Year Built: 1925

Tax Info

  • Taxes (6 mo): 1009.12

Multi Family

  • Lease Type: Other - See Remarks
  • Tenant Pays: Cable TV, Electricity
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Crystal Spring
  • HighSchool: Patrick Henry
  • Middle School: James Madison

Range of Values:

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List 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 List to Sale Price per Sq Ft
01/05/2017 01/05/17 Sold $110,000 -4.3% $79 / Sq Ft
12/13/2016 12/13/16 Pending -- -- --
12/13/2016 12/13/16 For Sale $114,950 -- $83 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mary Helen Chisholm

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 719-5222

    89 Total Sales

    Mary Helen Chisholm
    Section Image
  • Rick Payne

    Buyer's Agent in 2017

    Rick Payne

    MKB, REALTORS(r)

    (540) 793-0442

    95 Total Sales

    Rick Payne
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 832594

Roanoke Valley Association of REALTORS®

APN: 403-0916

Virginia Roanoke City County Roanoke 24014 Riverland-Walnut Hill

463 Arbutus Ave SE, Roanoke, VA

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