NOT LISTED FOR SALE

5038 Morwanda Ave NW Roanoke, VA 24017

Edgewood-Summit Hills Neighborhood

Estimated Value: $222,000 - $233,000

3 Beds
2 Baths
1,113 Sq Ft
$206/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $117,000 $105 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,371/month

2 Days on Market

Highlights

  • No HOA
  • Forced Air Zoned Heating and Cooling System
  • Lot Sloped Down

About This Home

As of July 2020

Great starter home with lots of updates. Bedroom, full bath and laundry on the entry level. Two additional bedrooms and a full bath on the upper level. New white kitchen cabinets and countertops with breakfast bar and eat in area. The wood floors are freshly refinished and there is new carpet, tile and vinyl flooring. Fresh paint throughout the whole house. New zoned HVAC and windows. Huge fenced yard. So many updates for the price!

Last Agent to Sell the Property

Chelsea Dyer

FIRST CHOICE REAL ESTATE LLC - HARDY License #0225201612 Listed on: 05/29/2020

Last Buyer's Agent

Krysandra Rubiano

DIVINE FOG REALTY COMPANY LLC- ROANOKE License #0225242926

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • Lot Sloped Down

Interior Spaces

  • 1,113 Sq Ft Home
  • 1.5-Story Property
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave

Bedrooms and Bathrooms

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

Basement

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

Parking

  • 2 Open Parking Spaces
  • On-Street Parking

Schools

  • Fairview Elementary School
  • Woodrow Wilson Middle School
  • William Fleming High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Edgewood Subdivision

Listing and Financial Details

  • Tax Lot 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,074

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas, Zoned Heat
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling, Zoned Cooling
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 668.00
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 1701
  • LaundryLaundryEntryLevel: 1
  • Major Area: 01 - City of Roanoke
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2020-05-31
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • SubdivisionMap: Edgewood
  • Total Above Grd Fin S Q F T: 1113
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1113.00
  • TotalUnfin Sq Ft: 588.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 588.00
  • UpperAboveGrdFin Sq Ft: 445.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • 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

Schools

  • Elementary School: Fairview
  • Middle School: Woodrow Wilson
  • High School: William Fleming

Lot Info

  • Lot Description: Down Slope, Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.28
  • Lot: 8

Building Info

  • Year Built: 1940

Tax Info

  • Taxes (6 mo): 1074.08
  • FILLTAXID: 6080708

MLS Schools

  • Elementary School: Fairview
  • HighSchool: William Fleming
  • Middle School: Woodrow Wilson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2025
Sold by
Pearson Paul E
Bought by
Coleman Joesph D
Current Estimated Value
$229,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$180,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$66,221

Purchase Details

Listed on
May 29, 2020
Closed on
Jun 22, 2020
Sold by
Hinkle James C and Dyer Edward I
Bought by
Pearson Paul E
Seller's Agent
Chelsea Dyer
FIRST CHOICE REAL ESTATE LLC - HARDY
Buyer's Agent
Krysandra Rubiano
DIVINE FOG REALTY COMPANY LLC- ROANOKE
List Price
$109,950
Sold Price
$117,000
Premium/Discount to List
$7,050
6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.35%
Original Mortgage
$114,880
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 2019
Sold by
Rauer Donna Faye
Bought by
Dyer Edward I and Hinkle James C

Purchase Details

Closed on
Jul 19, 2019
Sold by
Compton Denise
Bought by
Rauer Donna Faye
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
Coleman Joesph D $230,000 None Listed On Document
Pearson Paul E $117,000 Century Title Services
Dyer Edward I $43,000 Fidelity National Ttl Ins Co
Rauer Donna Faye -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Joesph D $180,000
Previous Owner Pearson Paul E $114,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $117,000 +6.4% $105 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $109,950 -- $99 / 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 $1,813 $136,800 $32,000 $104,800
2024 $1,813 $132,500 $28,700 $103,800
2023 $1,758 $125,300 $24,600 $100,700
2022 $1,580 $118,500 $20,900 $97,600
2021 $1,340 $109,800 $17,000 $92,800
2020 $1,074 $78,400 $17,000 $61,400
2019 $1,074 $78,400 $17,000 $61,400
2018 $1,074 $78,400 $17,000 $61,400
2017 $950 $76,100 $17,000 $59,100
2016 $959 $76,800 $17,000 $59,800
2015 $995 $77,800 $17,000 $60,800
2014 $995 $82,500 $17,000 $65,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Chelsea Dyer

    FIRST CHOICE REAL ESTATE LLC - HARDY

    (540) 725-7777

    2 in this area

    43 Total Sales

    Chelsea Dyer
    Section Image

  • K

    Buyer's Agent in 2020

    Krysandra Rubiano

    DIVINE FOG REALTY COMPANY LLC- ROANOKE

    (561) 779-3159

    1 in this area

    57 Total Sales

    Krysandra Rubiano
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 869869

Roanoke Valley Association of REALTORS®

APN: 608-0708

Virginia Roanoke City County Roanoke 24017 Edgewood-Summit Hills

5038 Morwanda Ave NW, Roanoke, VA

This home is located at 5038 Morwanda Ave NW, Roanoke, VA 24017 since 29 May 2020 and is currently estimated at $229,074, approximately $205 per square foot. This property was built in 1940. 5038 Morwanda Ave NW is a home located in Roanoke City with nearby schools including Fairview Elementary School, Woodrow Wilson Middle School, and William Fleming 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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