NOT LISTED FOR SALE

526 Mountain Ave SW Roanoke, VA 24016

Old Southwest Neighborhood
6 Beds
3 Baths
3,074 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: August 26, 2021

Last sale price $268,000 $87 Per Sq Ft

32 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 2-minute walk to Highland Park

About This Home

As of August 2021

Nicely renovated triplex located in Old Southwest. Unit mix includes one 3bed/2bath unit, a 2bed/1bath unit, a studio unit. Two of the three units currently leased. Owner covers water. Electricity metered separately.

Last Agent to Sell the Property

Derek Hicks

WALDVOGEL COMMERCIAL PROPERTIES License #0225248097 Listed on: 05/28/2021

Co-Listed By

Matthew Zimmerman

WALDVOGEL COMMERCIAL PROPERTIES License #0225229039

Last Buyer's Agent

Todd Maxey

KELLER WILLIAMS REALTY ROANOKE License #0225192903

KELLER WILLIAMS REALTY ROANOKE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,046

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Triplex

Interior Spaces

  • 3,074 Sq Ft Home
  • Crawl Space

Schools

  • Highland Park Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 7 / 15

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 2 Leased Units
  • Operating Expense $7,967
  • Gross Income $22,500
  • Net Operating Income $14,533

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,046

Year Built

Built in 1900

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Heating System: Baseboard Electric
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: Other - See Remarks, Window A/C
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 3.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 7967.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.15
  • Lot: 7
  • Present Use: Converted

Building Info

  • Year Built: 1900

Tax Info

  • Taxes (6 mo): 2045.68

Multi Family

  • Tenant Pays: Cable TV, Electricity
  • Units In Building: 3.00
  • Multi Family Type: Triplex

MLS Schools

  • Elementary School: Highland Park
  • HighSchool: Patrick Henry
  • Middle School: James Madison
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
08/26/2021 08/26/21 Sold $268,000 -4.3% $87 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $279,950 -- $91 / 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 $3,760 $308,200 $45,900 $262,300
2025 $4,065 $308,200 $45,900 $262,300
2024 $4,065 $296,200 $39,000 $257,200
2023 $3,015 $247,100 $32,800 $214,300
2022 $3,148 $235,000 $26,900 $208,100
2021 $1,998 $163,800 $25,100 $138,700
2020 $2,244 $163,800 $25,100 $138,700
2019 $2,244 $163,800 $18,300 $145,500
2018 $2,082 $150,500 $15,800 $134,700
2017 $1,767 $140,400 $15,800 $124,600
2016 $1,744 $138,500 $15,800 $122,700
2015 $1,574 $138,500 $15,800 $122,700
2014 $1,574 $138,500 $15,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Derek Hicks

    Seller's Agent in 2021

    Derek Hicks

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 330-6126

    7 in this area

    42 Total Sales

    Derek Hicks
    Section Image
  • Matthew Zimmerman

    Seller Co-Listing Agent in 2021

    Matthew Zimmerman

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 759-1884

    7 in this area

    35 Total Sales

    Matthew Zimmerman
    Section Image
  • Todd Maxey

    Buyer's Agent in 2021

    Todd Maxey

    KELLER WILLIAMS REALTY ROANOKE

    (540) 613-1227

    1 in this area

    87 Total Sales

    Todd Maxey
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 880332

Roanoke Valley Association of REALTORS®

APN: 112-1109

Virginia Roanoke City County Roanoke 24016 Old Southwest

526 Mountain Ave SW, Roanoke, VA

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.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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