NOT LISTED FOR SALE

516 Spruce St Unit 518 Vinton, VA 24179

Estimated Value: $229,000 - $254,018

4 Beds
2 Baths
1,824 Sq Ft
$133/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $215,000 $118 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,448/month

13 Days on Market

Highlights

  • No HOA
  • Breakfast Area or Nook
  • 2 Furnished Units
  • William Byrd Middle School Rated A-
  • Storage

About This Home

As of March 2024

Nice Duplex in Town of Vinton. Conveniently located to restaurants and stores. Maintenance free exterior. Great rental history.

Last Agent to Sell the Property

Todd Wampler

CENTURY 21 WAMPLER REALTY License #0225039473 Listed on: 03/01/2024

CENTURY 21 WAMPLER REALTY

Last Buyer's Agent

Christine Sands

MKB, REALTORS(r) - SALEM License #0225253066

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,093

Year Built

  • Built in 1985

Lot Details

  • 1 Acre Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,824 Sq Ft Home
  • Storage
  • Breakfast Area or Nook

Parking

  • 4 Parking Spaces
  • Unpaved Parking

Schools

  • Herman L. Horn Elementary School
  • William Byrd Middle School
  • William Byrd High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 11

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Furnished Units
  • Insurance Expense $378
  • Maintenance Expense $477
  • Manager Expense $1,713
  • Water Sewer Expense $913
  • New Taxes Expense $2,093
  • Operating Expense $5,574
  • Gross Income $17,130
  • Net Operating Income $11,556

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,093

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Storage
  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: Heat Pump Electric
  • CondoAssocYN: No
  • ExpensesManagementExp: 1713.00
  • ExpensesTaxExp: 2093.00
  • Major Area: 02 - Roanoke County
  • NumberLeasedUnits: 2.00
  • NumberVehicleSpaces: 4.00
  • Hoa2 Or Poa: No
  • SubdivisionMap: Town of Vinton
  • TotalAnnualExpen: 5574.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Unpaved

Utilities

  • Sewer Description: Public Sewer
  • Expenses Water Exp: 913.00
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Current Lease, Maint-Free Exterior

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 1.00
  • Lot: 11

Rental Info

  • Number Furnished: 2.00

Building Info

  • Year Built: 1985

Tax Info

  • Taxes (6 mo): 2093.00

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Electricity
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Herman L. Horn
  • HighSchool: William Byrd
  • Middle School: William Byrd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Mar 27, 2024
Sold by
Cg Properties Llc
Bought by
Homeslice Villas Llc
Seller's Agent
Todd Wampler
CENTURY 21 WAMPLER REALTY
Buyer's Agent
Christine Sands
MKB, REALTORS(r) - SALEM
List Price
$235,000
Sold Price
$215,000
Premium/Discount to List
-$20,000
-8.51%
Views
55
Current Estimated Value
$242,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,505
Avg. Annual Appreciation
7.21%

Purchase Details

Closed on
Jan 2, 2007
Sold by
Deheer Garrie G and Deheer Carol A
Bought by
C & G Properties Llc
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
Homeslice Villas Llc $215,000 Fidelity National Title
C & G Properties Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold $215,000 -8.5% $118 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $235,000 -- $129 / 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 $2,082 $202,100 $38,400 $163,700
2024 $1,926 $185,200 $33,600 $151,600
2023 $1,845 $174,100 $33,600 $140,500
2022 $1,627 $149,300 $33,600 $115,700
2021 $1,509 $138,400 $28,800 $109,600
2020 $1,431 $131,300 $26,400 $104,900
2019 $1,405 $128,900 $26,400 $102,500
2018 $1,413 $128,100 $26,400 $101,700
2017 $1,413 $129,600 $26,400 $103,200
2016 $1,413 $129,600 $26,400 $103,200
2015 $1,417 $130,000 $26,400 $103,600
2014 $1,418 $130,100 $26,400 $103,700
Source: Public Records

Agents Affiliated with this Home

  • Todd Wampler

    Seller's Agent in 2024

    Todd Wampler

    CENTURY 21 WAMPLER REALTY

    (540) 580-6293

    1 in this area

    50 Total Sales

    Todd Wampler
    Section Image
  • Christine Sands

    Buyer's Agent in 2024

    Christine Sands

    MKB, REALTORS(r) - SALEM

    (240) 252-8427

    2 in this area

    20 Total Sales

    Christine Sands
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 905394

Roanoke Valley Association of REALTORS®

APN: 060.20-05-19.03-0000

Virginia Roanoke County Vinton 24179

516 Spruce St Unit 518, Vinton, VA

Not Listed for Sale

MultiFamily

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