NOT LISTED FOR SALE

509 Riverland Rd SE Roanoke, VA 24014

Riverland-Walnut Hill Neighborhood

Estimated Value: $242,000 - $271,000

4 Beds
2 Baths
1,916 Sq Ft
$131/Sq Ft Est. Value

Last Sold February 14, 2024

Last sale price $210,000 $110 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,549/month

31 Days on Market

Highlights

  • City View
  • No HOA
  • Fenced Yard
  • Crystal Spring Elementary School Rated A-
  • Covered Patio or Porch
  • Tankless Water Heater

About This Home

As of February 2024

Great opportunity to own investment property. Classic Foursquare with a big front porch, fenced front yard, alley access and off street alley parking. First floor kitchen in the process of renovations and passes as is. Hardwood floors through out. Second floor kitchenette and laundry on the second floor and in the basement. The roof needs to be replaced and passes as is. Ideally located near the Carilion Hospital, the Medical School and Research Center. Needs some TLC. No A/C. Walk up attic

Last Agent to Sell the Property

Susan Bailey

LONG & FOSTER - ROANOKE OFFICE License #0225099174 Listed on: 12/20/2023

LONG & FOSTER - ROANOKE OFFICE

Last Buyer's Agent

Brandon Hornby

NEST REALTY ROANOKE License #0225244035

NEST REALTY ROANOKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,250

Year Built

  • Built in 1924

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced Yard
  • Gentle Sloping Lot

Property Views

  • City
  • Mountain

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,916 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Storage
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Crystal Spring Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Baseboard Heating
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 13 / 28

Community Details

Overview

  • No Home Owners Association
  • Walnut Hill Subdivision

Amenities

  • Restaurant

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,250

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Storage
  • Heating System: Baseboard Electric, Forced Air Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Electric, Range Gas, Refrigerator
  • Cooling System: No Cooling System
  • Outside Features: Covered Porch, Fenced Yard
  • Views: City, Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1048.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Cox
  • LaundryLaundryLowerLevel: 1
  • LaundryLaundryUpperLevel: 1
  • Major Area: 01 - City of Roanoke
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 1916
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1916.00
  • TotalUnfin Sq Ft: 868.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Designated Spaces
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 868.00
  • UpperAboveGrdFin Sq Ft: 868.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV

Lot Info

  • Lot Description: Gentle Slope, Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.17
  • Lot: 13

Building Info

  • Year Built: 1924

Tax Info

  • Taxes (6 mo): 2250.00

MLS Schools

  • Elementary School: Crystal Spring
  • HighSchool: Patrick Henry
  • Middle School: James Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2023
Closed on
Feb 5, 2024
Sold by
Buck Erika M
Bought by
Brandon T Hornby Inc
Seller's Agent
Susan Bailey
LONG & FOSTER - ROANOKE OFFICE
Buyer's Agent
Brandon Hornby
NEST REALTY ROANOKE
List Price
$200,000
Sold Price
$210,000
Premium/Discount to List
$10,000
5%
Views
12
Current Estimated Value
$251,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,563
Avg. Annual Appreciation
10.20%
Original Mortgage
$280,000
Interest Rate
6.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 17, 2020
Sold by
Gerner Rachel Vanculin
Bought by
Buck Erika M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,750
Interest Rate
3.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Brandon T Hornby Inc $210,000 Priority Title
Buck Erika M $150,000 Wfg National Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Brandon T Hornby Inc $280,000
Previous Owner Buck Erika M $144,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2024 02/14/24 Sold $210,000 +5.0% $110 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $200,000 0.0% $104 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
12/20/2023 12/20/23 For Sale $200,000 -- $104 / 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 $2,719 $203,900 $37,300 $166,600
2024 $2,719 $218,400 $29,300 $189,100
2023 $2,887 $184,400 $26,800 $157,600
2022 $2,053 $152,100 $20,700 $131,400
2021 $1,946 $144,400 $17,300 $127,100
2020 $1,933 $144,400 $17,300 $127,100
2019 $1,831 $136,000 $17,300 $118,700
2018 $1,794 $133,000 $17,300 $115,700
2017 $1,682 $131,700 $17,300 $114,400
2016 $830 $127,200 $17,300 $109,900
2015 $1,373 $126,600 $17,300 $109,300
2014 $1,373 $126,600 $17,300 $109,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Susan Bailey

    LONG & FOSTER - ROANOKE OFFICE

    (540) 525-1844

    4 in this area

    168 Total Sales

    Susan Bailey
    Section Image

  • B

    Buyer's Agent in 2024

    Brandon Hornby

    NEST REALTY ROANOKE

    (540) 819-0805

    2 in this area

    149 Total Sales

    Brandon Hornby
    Section Image

  • J

    Buyer Co-Listing Agent in 2024

    Julia Hornby

    NEST REALTY ROANOKE

    (540) 815-5510

    3 in this area

    116 Total Sales

    Julia Hornby
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 903923

Roanoke Valley Association of REALTORS®

APN: 403-1203

Virginia Roanoke City County Roanoke 24014 Riverland-Walnut Hill

509 Riverland Rd SE, Roanoke, VA

Not Listed for Sale

Detached

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