NOT LISTED FOR SALE

503 Rutherford Ave NW Roanoke, VA 24016

Harrison Neighborhood
3 Beds
3 Baths
4,787 Sq Ft
3,920 Sq Ft Lot

Last Sold September 21, 2016

Last sale price $61,000 $13 Per Sq Ft

163 Days on Market

About This Home

As of September 2016

MOTIVATED SELLERS!!! THIS TRIPLEX IN THE NORTHWEST SECTION OF TOWN IS FULLY LEASED AND GENERATING INCOME- ALL UNITS HAVE W/D HOOK-UP, SEPERATE GAS WATER TANKS AND GAS HEATING FURNACE - ALL APPLIANCES CONVEY IN UNITS BUT NOT WARRATNED - BASEMENT FOR STORAGE AND A POTENTIAL TO TURN INTO ANOTHER APARTMENT - A MUST SEE... - PLEASE SET AN APPOINTMENT WITH YOUR BROKER/AGENT OR CALL ME TO MAKE AN APPOINTMENT

Last Agent to Sell the Property

Derrick Willis

THE COLLECTIVE REAL ESTATE GROUP LLC License #0225207798 Listed on: 02/19/2016

Last Buyer's Agent

Derrick Willis

THE COLLECTIVE REAL ESTATE GROUP LLC License #0225207798 Listed on: 02/19/2016

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $711

Year Built

  • Built in 1932

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x120

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,787 Sq Ft Home
  • Partial Basement

Schools

  • Lincoln Terrace Elementary School
  • Lucy Addison Middle School
  • Patrick Henry High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas, heating
  • Legal Lot and Block 19 / 17

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Gainsboro Subdivision

Building Details

  • 3 Leased Units
  • Electric Expense $205
  • Insurance Expense $535
  • Water Sewer Expense $1,260
  • New Taxes Expense $711
  • Operating Expense $3,500
  • Gross Income $15,600
  • Net Operating Income $12,100

Property Details

Home Type

Apartment

Est. Annual Taxes

$711

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Multi-Family
  • Has Basement: Partial Basement
  • Cooling System: No Cooling System
  • ExpensesTaxExp: 711.00
  • Internet Access: Cable
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 3.00
  • NumberUnfurnished: 3.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2016-07-31
  • TotalAnnualExpen: 3500.00
  • Water Class: N/A
  • Water Heater Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Street

Utilities

  • Sewer Description: Public Sewer
  • Expenses Water Exp: 1260.00
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Current Lease
  • Amenities Common: Cable TV

Schools

  • Elementary School: Lincoln Terrace
  • Middle School: Lucy Addison
  • High School: Patrick Henry

Lot Info

  • Lot Dimensions: 40X120
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.09
  • Lot: 19

Building Info

  • Year Built: 1932

Tax Info

  • Taxes (6 mo): 711.00
  • FILLTAXID: 2021533

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Electricity, Gas, Heating
  • Units In Building: 3.00
  • Multi Family Type: Apartments

MLS Schools

  • Elementary School: Lincoln Terrace
  • HighSchool: Patrick Henry
  • Middle School: Lucy Addison

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
09/21/2016 09/21/16 Sold $61,000 -23.7% $13 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $79,950 -- $17 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Derrick Willis

    THE COLLECTIVE REAL ESTATE GROUP LLC

    (540) 761-8462

    23 Total Sales

    Derrick Willis
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 823094

Roanoke Valley Association of REALTORS®

APN: 202-1533

Virginia Roanoke City County Roanoke 24016 Harrison

503 Rutherford Ave NW, Roanoke, VA

This home is located at 503 Rutherford Ave NW, Roanoke, VA 24016 since 19 February 2016. This property was built in 1932. 503 Rutherford Ave NW is a home located in Roanoke City with nearby schools including Lincoln Terrace Elementary School, Lucy Addison Middle School, and Patrick Henry 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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