NOT LISTED FOR SALE

502 Water Oak Rd Roanoke, VA 24019

Estimated Value: $250,000 - $274,790

3 Beds
1.5 Baths
2,460 Sq Ft
$107/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $159,000 $65 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,591/month

3 Days on Market

Highlights

  • City View
  • 1 Fireplace
  • Attached Carport
  • Ranch Style House
  • No HOA
  • Central Air

About This Home

As of May 2020

Charming home located on a large corner lot. Perfect start for first time home buyers.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,625

Year Built

  • Built in 1963

Lot Details

  • 0.31 Acre Lot
  • Cleared Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1 Fireplace
  • Drapes & Rods
  • City Views
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • Attached Carport

Schools

  • Mountain View Elementary School
  • Northside Middle School
  • Northside High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Community Details

  • No Home Owners Association
  • Plantation Court Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,625

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Interior Features: All Drapes
  • Heating System: Heat Pump Gas
  • Type: Residential
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Refrigerator
  • Cooling System: Central Cooling
  • Views: City
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1360.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 2460
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 1100.00
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • RatifiedContractDt: 2020-03-05
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Plantation Court
  • Total Above Grd Fin S Q F T: 1360
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 2460.00
  • TotalHBaths: 1
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Paved Road

Schools

  • Elementary School: Mountain View
  • Middle School: Northside
  • High School: Northside

Lot Info

  • Lot Description: Cleared
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.31
  • Lot: 1

Building Info

  • Year Built: 1963

Tax Info

  • Taxes (6 mo): 1625.00
  • FILLTAXID: 038.08-04-59.00-0000

MLS Schools

  • Elementary School: Mountain View
  • HighSchool: Northside
  • Middle School: Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
May 12, 2020
Sold by
Dillon Bobby J
Bought by
Abudan Mohammed and Parker Jamie
List Price
$159,000
Sold Price
$159,000
Total Days on Market
3
Current Estimated Value
$263,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,198
Avg. Annual Appreciation
10.49%
Original Mortgage
$156,120
Outstanding Balance
$139,848
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$123,345
Source: Public Records

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Range of Values:

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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
Abudan Mohammed $159,000 Priority Title & Setmnt Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abudan Mohammed $156,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $159,000 0.0% $65 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $159,000 -- $65 / 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
2024 $2,322 $223,300 $45,000 $178,300
2023 $2,183 $205,900 $43,000 $162,900
2022 $1,997 $183,200 $39,000 $144,200
2021 $1,843 $169,100 $37,000 $132,100
2020 $1,487 $149,100 $31,500 $117,600
2019 $1,574 $144,400 $29,400 $115,000
2018 $1,538 $142,100 $29,400 $112,700
2017 $1,487 $141,100 $29,400 $111,700
2016 $1,487 $141,300 $29,400 $111,900
2015 $1,542 $141,500 $29,400 $112,100
2014 $1,528 $140,200 $29,400 $110,800
Source: Public Records

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 867392

Roanoke Valley Association of REALTORS®

APN: 038.08-04-59