NOT LISTED FOR SALE

4920 Colonial Ave Roanoke, VA 24018

Cave Spring Neighborhood

Estimated Value: $277,638 - $372,000

4 Beds
2 Baths
1,769 Sq Ft
$177/Sq Ft Est. Value

Last Sold November 09, 2018

Last sale price $165,000 $93 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,803/month

50 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • 1 Car Detached Garage
  • Cave Spring Elementary School Rated A-
  • Breakfast Area or Nook
  • Restaurant

About This Home

As of November 2018

Unique opportunity in South County. This solid home is move in ready. It offers lots of space both inside and out. Hardwoods and some replacement windows with new fridge. One entry level bedroom and three up. The large lot is comprised of three parcels. There are investment possibilities for the front two lots as commercial or single family homes. Convenient to all of SW County. This is a rare find. Don't miss it.

Last Agent to Sell the Property

Rick Payne

MKB, REALTORS(r) License #0225191313 Listed on: 08/17/2018

MKB, REALTORS(r)

Last Buyer's Agent

Edgar Smith

MKB, REALTORS(r) - OAK GROVE License #0225024966

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,157

Year Built

  • Built in 1940

Lot Details

  • 1.16 Acre Lot
  • Gentle Sloping Lot

Interior Spaces

  • 1,769 Sq Ft Home
  • 1.5-Story Property
  • Bookcases
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Cave Spring Elementary And Middle School
  • Cave Spring High School

Utilities

  • Central Air
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Restaurant

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,157

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Breakfast Area, Ceiling Fan, Gas Log Fireplace
  • Heating System: Radiator Gas Heat
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Dishwasher, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Patio, Paved Driveway
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 3
  • EntryAboveGrdFin Sq Ft: 1064.00
  • ExteriorDoors: Fiberglass, Wood
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 1769
  • LaundryLaundryLowerLevel: 1
  • Major Area: 02 - Roanoke County
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2018-10-06
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 1769
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1769.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 705.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Maint-Free Exterior

Schools

  • Elementary School: Cave Spring
  • Middle School: Cave Spring
  • High School: Cave Spring

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.16

Building Info

  • Year Built: 1940

Tax Info

  • Taxes (6 mo): 2157.00
  • FILLTAXID: 086.08-02-22.00-0000 and 086.08-02-22.01-0000

MLS Schools

  • Elementary School: Cave Spring
  • HighSchool: Cave Spring
  • Middle School: Cave Spring

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
Nov 9, 2018
Sold by
Richards William P and Nash Steven L
Bought by
Kazemi Mehdi
Seller's Agent
Rick Payne
MKB, REALTORS(r)
Buyer's Agent
Edgar Smith
MKB, REALTORS(r) - OAK GROVE
List Price
$199,950
Sold Price
$165,000
Premium/Discount to List
-$34,950
-17.48%
Current Estimated Value
$312,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,410
Avg. Annual Appreciation
9.72%
Original Mortgage
$132,000
Outstanding Balance
$115,830
Interest Rate
4.7%
Mortgage Type
Commercial
Estimated Equity
$196,580
Source: Public Records

Range of Values:

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Average Value
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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
Kazemi Mehdi $165,000 Star City Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kazemi Mehdi $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2018 11/09/18 Sold $165,000 -17.5% $93 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $199,950 -- $113 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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
2025 $1,769 $171,700 $32,400 $139,300
2024 $1,675 $161,100 $32,400 $128,700
2023 $1,615 $152,400 $32,400 $120,000
2022 $1,564 $143,500 $32,400 $111,100
2021 $1,527 $140,100 $32,400 $107,700
2020 $1,512 $138,700 $32,400 $106,300
2019 $1,467 $134,600 $32,400 $102,200
2018 $1,412 $133,100 $32,400 $100,700
2017 $1,412 $129,500 $32,400 $97,100
2016 $1,396 $128,100 $30,600 $97,500
2015 $1,395 $128,000 $30,600 $97,400
2014 $1,388 $127,300 $30,600 $96,700
Source: Public Records

Agents Affiliated with this Home

  • Rick Payne

    Seller's Agent in 2018

    Rick Payne

    MKB, REALTORS(r)

    (540) 793-0442

    10 in this area

    95 Total Sales

    Rick Payne
    Section Image

  • E

    Buyer's Agent in 2018

    Edgar Smith

    MKB, REALTORS(r) - OAK GROVE

    (540) 353-2800

    29 in this area

    87 Total Sales

    Edgar Smith
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 851546

Roanoke Valley Association of REALTORS®

APN: 086.08-02-22

Virginia Roanoke County Roanoke 24018 Cave Spring

4920 Colonial Ave, Roanoke, VA

This home is located at 4920 Colonial Ave, Roanoke, VA 24018 since 17 August 2018 and is currently estimated at $312,410, approximately $176 per square foot. This property was built in 1940. 4920 Colonial Ave is a home located in Roanoke County with nearby schools including Cave Spring Elementary School, Hidden Valley Middle School, and Hidden Valley High School.

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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