NOT LISTED FOR SALE

Estimated Value: $389,000 - $722,000

4 Beds
5 Baths
3,670 Sq Ft
$141/Sq Ft Est. Value

About This Home

This home is located at 511 7th St SW, Roanoke, VA 24016 and is currently estimated at $516,807, approximately $140 per square foot. 511 7th St SW is a home located in Roanoke City with nearby schools including Wasena Elementary School, James Madison Middle School, and Patrick Henry High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2016
Sold by
The Soranno Group Llc
Bought by
Mills Eric Lynn and Mills Patti Jean
Current Estimated Value
$516,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Outstanding Balance
$195,888
Interest Rate
3.54%
Mortgage Type
Commercial
Estimated Equity
$261,321

Purchase Details

Closed on
Apr 14, 2016
Sold by
James G Haynes and Haynes Ann S
Bought by
The Soranno Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,999
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2006
Sold by
Maxey Rodney W
Bought by
Haynes James G and Haynes Ann S

Purchase Details

Closed on
Oct 16, 2004
Sold by
Yopp Terry L and Yopp Linda C
Bought by
Maxey Rodney W
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Mills Eric Lynn $250,000 First American Title Insuran
The Soranno Group Llc $75,000 Century Title Services Inc
Haynes James G $18,000 None Available
Maxey Rodney W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Eric Lynn $237,500
Previous Owner The Soranno Group Llc $49,999
Source: Public Records

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 $1,966 $379,300 $39,000 $340,300
2023 $1,966 $360,800 $30,400 $330,400
2022 $1,102 $310,300 $22,500 $287,800
2021 $967 $300,100 $17,500 $282,600
2020 $859 $292,300 $17,500 $274,800
2019 $595 $270,700 $9,900 $260,800
2018 $480 $261,300 $9,900 $251,400
2017 $384 $261,300 $9,900 $251,400
2016 $384 $26,200 $9,900 $16,300
2015 $301 $26,200 $9,900 $16,300
2014 $301 $26,200 $9,900 $16,300
Source: Public Records

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