Seller's Agent in 2024
David Linden
REALSTAR, REALTORS(r) LLC
(540) 366-4444
1 in this area
129 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,320 | $272,100 | $45,900 | $226,200 |
| 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
44 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 911789
APN: 113-1208
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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