521 Elm Ave SW Roanoke, VA 24016
Old Southwest NeighborhoodEstimated Value: $186,060 - $243,000
2
Beds
1.5
Baths
1,120
Sq Ft
$192/Sq Ft
Est. Value
Highlights
- City View
- Deck
- Covered patio or porch
- 0.73 Acre Lot
- No HOA
- 4-minute walk to Highland Park
About This Home
As of July 2020Excellent opportunity for work/live space, single family or rental property near the Historic District. Walk to vibrant downtown, city market, concerts & the greenway. Adorable home with so many updates! New roof in 2019, new HardiePlank on exterior and new concrete porch. All hardwood floors refinished! New paint throughout, new back deck and fenced in back yard. Additional half-bath on entry level, newly painted sun porch and living room wired for surround sound. Storage shed with insulation and electric - great workspace! Off street parking in rear for multiple vehicles. New roof in 2019, new gutters 2020, new HardiPlank. Move in ready, you must see this quaint home to appreciate!
Last Agent to Sell the Property
MKB, REALTORS(r) License #0225098098 Listed on: 07/01/2020
Property Details
Home Type
- Manufactured Home
Est. Annual Taxes
- $775
Year Built
- Built in 1927
Lot Details
- 0.73 Acre Lot
- Level Lot
Interior Spaces
- 1,120 Sq Ft Home
- 2-Story Property
- City Views
- Basement Fills Entire Space Under The House
Kitchen
- Gas Range
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Deck
- Covered patio or porch
- Shed
Schools
- Wasena Elementary School
- James Madison Middle School
- Patrick Henry High School
Utilities
- No Cooling
- Radiator
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 21 / 8
Community Details
Overview
- No Home Owners Association
- Lewis Subdivision
Amenities
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2020
Closed on
Jul 29, 2020
Sold by
Lawrence Brian M and Lawrence Jennifer L
Bought by
Rigby Jared Anthony
Seller's Agent
Sabrene Willis
MKB, REALTORS(r)
Buyer's Agent
Amber Mason
MKB, REALTORS(r)
List Price
$137,500
Sold Price
$140,500
Premium/Discount to List
$3,000
2.18%
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,015
Avg. Annual Appreciation
9.08%
Original Mortgage
$126,450
Outstanding Balance
$113,616
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$100,899
Similar Home in Roanoke, VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rigby Jared Anthony | $140,500 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rigby Jared Anthony | $126,450 | |
| Previous Owner | Lawrence Brian M | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2020 07/30/20 | Sold | $140,500 | +2.2% | $125 / Sq Ft |
| 07/03/2020 07/03/20 | Pending | -- | -- | -- |
| 07/01/2020 07/01/20 | For Sale | $137,500 | -- | $123 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History Compared to Growth
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 | $1,566 | $115,400 | $20,300 | $95,100 |
| 2023 | $1,566 | $110,100 | $15,000 | $95,100 |
| 2022 | $1,423 | $104,600 | $11,200 | $93,400 |
| 2021 | $1,373 | $100,900 | $8,600 | $92,300 |
| 2020 | $903 | $63,500 | $8,600 | $54,900 |
| 2019 | $871 | $60,900 | $6,000 | $54,900 |
| 2018 | $845 | $58,700 | $5,000 | $53,700 |
| 2017 | $749 | $58,700 | $5,000 | $53,700 |
| 2016 | $878 | $69,300 | $5,000 | $64,300 |
| 2015 | $519 | $69,300 | $5,000 | $64,300 |
| 2014 | $519 | $69,300 | $5,000 | $64,300 |
Source: Public Records
Agents Affiliated with this Home
-
Sabrene Willis
Seller's Agent in 2020
Sabrene Willis
MKB, REALTORS(r)
(540) 798-3589
1 in this area
19 Total Sales
-
Amber Mason
Buyer's Agent in 2020
Amber Mason
MKB, REALTORS(r)
(540) 520-9784
1 in this area
45 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 870877
APN: 112-0624
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