D
Seller's Agent in 2024
David Linden
REALSTAR, REALTORS(r) LLC
(540) 366-4444
1 in this area
124 Total Sales
520 Walnut Ave SW Roanoke, VA 24016
Old Southwest Neighborhood
4
Beds
3
Baths
2,933
Sq Ft
6,534
Sq Ft Lot
Highlights
- No HOA
- Storage
- Forced Air Heating System
- Breakfast Area or Nook
- Property is near schools
- 3-minute walk to Highland Dog Park
About This Home
As of November 2024This large duplex in historic Old SW is in a prime location across from Highland Park. The lower unit features 3 bedrooms, large living room with fireplace kitchen, bath and foyer area. Hardwood floors throughout much of the house. The upper unit includes a living room, four bedrooms, office/den, kitchen and 2 full baths. Both units have central air and updated electrical service. Separately metered utilities. Large front porch area, full basement for storage. The back yard includes a nice covered gazebo. Some minor TLC needed but overall a solid, well built home. Walking distance to Highland Park Elementary, restaurants, neighborhood stores, etc. Situated near beautifully updated homes this is a great opportunity to bring this historic home back to its glory days. Income figures reflect
Last Agent to Sell the Property
REALSTAR, REALTORS(r) LLC License #0225046234 Listed on: 10/18/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,129
Year Built
- Built in 1925
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 50' x 130'
Parking
- 2 Parking Spaces
Home Design
- Duplex
Interior Spaces
- 2,933 Sq Ft Home
- Storage
- Basement Fills Entire Space Under The House
- Breakfast Area or Nook
Location
- Property is near schools
Schools
- Highland Park Elementary School
- James Madison Middle School
- Patrick Henry High School
Utilities
- Forced Air Heating System
- Heat Pump System
- Heating System Uses Natural Gas
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 8 / 2
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 1 Leased Unit
- Insurance Expense $805
- Maintenance Expense $2,701
- New Taxes Expense $3,129
- Operating Expense $6,635
- Gross Income $11,700
- Net Operating Income $5,065
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/26/2024 11/26/24 | Sold | $265,000 | -11.7% | $90 / Sq Ft |
| 11/01/2024 11/01/24 | Pending | -- | -- | -- |
| 10/18/2024 10/18/24 | For Sale | $300,000 | -- | $102 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
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 | $3,608 | $272,100 | $45,900 | $226,200 |
| 2024 | $3,608 | $256,500 | $39,000 | $217,500 |
| 2023 | $3,413 | $210,400 | $36,400 | $174,000 |
| 2022 | $2,694 | $198,800 | $29,900 | $168,900 |
| 2021 | $2,180 | $178,700 | $27,900 | $150,800 |
| 2020 | $2,415 | $178,700 | $27,900 | $150,800 |
| 2019 | $2,324 | $171,200 | $20,400 | $150,800 |
| 2018 | $2,253 | $165,400 | $17,600 | $147,800 |
| 2017 | $1,935 | $155,100 | $17,600 | $137,500 |
| 2016 | $1,935 | $155,100 | $17,600 | $137,500 |
| 2015 | $1,534 | $144,800 | $17,600 | $127,200 |
| 2014 | $1,534 | $134,800 | $17,600 | $117,200 |
Source: Public Records
Agents Affiliated with this Home
-
David Linden
-
Liz Bowles
Buyer's Agent in 2024
Liz Bowles
WAINWRIGHT & CO., REALTORS(r)
(540) 526-3787
1 in this area
50 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 911789
APN: 113-1208
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