NOT LISTED FOR SALE

509 Magnolia Rd Roanoke, VA 24019

Estimated Value: $225,000 - $245,912

3 Beds
1.5 Baths
1,882 Sq Ft
$125/Sq Ft Est. Value

Last Sold February 21, 2025

Last sale price $230,000 $122 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,440/month

4 Days on Market

Highlights

  • Family Room with Fireplace
  • No HOA
  • Fenced Yard
  • Ranch Style House
  • Community Pool
  • Side Porch

About This Home

As of February 2025

This inviting 3-bedroom, 1.5-bathroom home in Roanoke County offers incredible potential for customization and growth. The spacious layout features a comfortable living area, with plenty of room to update and personalize to your tastes.One of the standout features is the large basement, which offers endless possibilities--whether you're looking to create a man cave, home theater, or additional living space. The basement also includes two bonus rooms, perfect for a home office, gym, or extra storage.Outside, the large backyard provides space for outdoor activities or future expansion, and the quiet, friendly neighborhood adds to the home's appeal.With a little vision and some updates, this home can become a true gem!

Last Agent to Sell the Property

Damon Gettier

REAL BROKER LLC - DGA-SALEM License #0225236055 Listed on: 01/24/2025

Co-Listed By

Veronica Turcios Perez

REAL BROKER LLC - DGA-SALEM License #0225249122

Last Buyer's Agent

Wei Chow

LICHTENSTEIN ROWAN, REALTORS(r) License #0225208598

LICHTENSTEIN ROWAN, REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,313

Year Built

  • Built in 1966

Lot Details

  • 0.26 Acre Lot
  • Fenced Yard
  • Level Lot

Parking

  • 4 Open Parking Spaces

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Bookcases
  • Ceiling Fan
  • Fireplace Features Masonry
  • Drapes & Rods
  • Family Room with Fireplace
  • Property Views

Kitchen

  • Electric Range
  • Built-In Microwave
  • 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

Outdoor Features

  • Patio
  • Shed
  • Side Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 2 / 5

Community Details

Overview

  • No Home Owners Association
  • Plantation Court Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,313

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Book Shelves, Ceiling Fan, Masonry Fireplace
  • Heating System: Forced Air Gas
  • Fireplace(s): Family Room
  • Type: Residential
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Fenced Yard, Patio, Paved Driveway, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1375.00
  • ExteriorDoors: Full View, Screen
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 2375
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 507.00
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2025-01-31
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1375
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1882.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 493.00
  • UncoveredNumberSpaces: 4.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 493.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Side Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Schools

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

Lot Info

  • Lot Description: Level Lot, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.26
  • Lot: 2

Building Info

  • Year Built: 1966

Tax Info

  • Taxes (6 mo): 2312.96
  • FILLTAXID: 038.08-04-32.00-0000

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2025
Closed on
Feb 20, 2025
Sold by
Hang Touch and Teng Justin
Bought by
Radfar Erfan and Radfar Arian
Seller's Agent
Damon Gettier
REAL BROKER LLC - DGA-SALEM
Buyer's Agent
Wei Chow
LICHTENSTEIN ROWAN, REALTORS(r)
List Price
$240,000
Sold Price
$230,000
Premium/Discount to List
-$10,000
-4.17%
Total Days on Market
4
Views
57
Current Estimated Value
$234,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,978
Avg. Annual Appreciation
8.25%
Original Mortgage
$184,000
Outstanding Balance
$183,847
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$51,131

Purchase Details

Closed on
Dec 22, 2011
Sold by
Thrasher Gary T and Thrasher Mary K
Bought by
Hang Touch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,755
Interest Rate
4%
Mortgage Type
FHA
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
Radfar Erfan $230,000 First American Title
Hang Touch $128,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radfar Erfan $184,000
Previous Owner Teng Justin $9,425
Previous Owner Ownership Touch Hang Sole $124,755
Previous Owner Hang Touch $124,755
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $230,000 -4.2% $122 / Sq Ft
01/31/2025 01/31/25 Pending -- -- --
01/27/2025 01/27/25 For Sale $240,000 -- $128 / 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 $2,313 $222,400 $45,000 $177,400
2023 $2,175 $205,200 $43,000 $162,200
2022 $1,987 $182,300 $39,000 $143,300
2021 $1,781 $163,400 $37,000 $126,400
2020 $1,636 $150,100 $30,000 $120,100
2019 $1,567 $143,800 $28,000 $115,800
2018 $1,530 $141,500 $28,000 $113,500
2017 $1,530 $140,400 $28,000 $112,400
2016 $1,515 $139,000 $28,000 $111,000
2015 $1,501 $137,700 $28,000 $109,700
2014 $1,486 $136,300 $28,000 $108,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 913818

Roanoke Valley Association of REALTORS®

APN: 038.08-04-32