NOT LISTED FOR SALE

527 Chestnut Ave NW Roanoke, VA 24016

Harrison Neighborhood

Estimated Value: $64,000 - $100,000

2 Beds
1 Bath
896 Sq Ft
$95/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $47,000 $52 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $492/month

33 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Gentle Sloping Lot
  • 1-Story Property

About This Home

As of November 2023

Great investor property. The home features a living room, eat-in kitchen, 2 bedrooms and a full bathroom. Additional features include a covered front porch and forced air oil heat. Sq Ft and taxes per the city GIS website. Buyer and buyer agent to verify all information. Home currently condemned with no interior access allowed. Due to condition, the property may have health/safety risk(s). Prior to entry / access, all parties must sign a Hold Harmless Agreement and the property may only be shown by appointment.

Last Agent to Sell the Property

Dwayne Epperly

KELLER WILLIAMS REALTY ROANOKE License #0225060726 Listed on: 09/14/2023

KELLER WILLIAMS REALTY ROANOKE

Last Buyer's Agent

Andre Palmer

PALMER REALTY GROUP LLC License #0225207973

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $443

Year Built

  • Built in 1922

Lot Details

  • 4,792 Sq Ft Lot
  • Gentle Sloping Lot

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Basement
  • Dirt Floor
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Lincoln Terrace Elementary School
  • Lucy Addison Middle School
  • Patrick Henry High School

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Legal Lot and Block 27 / 11

Home Details

Home Type

Single Family

Est. Annual Taxes

$443

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Heating System: Forced Air Oil
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Dirt - Full
  • Cooling System: No Cooling System
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 896.00
  • LaundryLaundryEntryLevel: 1
  • Major Area: 01 - City of Roanoke
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 896
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 896.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.11
  • Lot: 27

Building Info

  • Year Built: 1922

Tax Info

  • Taxes (6 mo): 443.00

MLS Schools

  • Elementary School: Lincoln Terrace
  • HighSchool: Patrick Henry
  • Middle School: Lucy Addison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Nov 14, 2023
Sold by
Secretary Of Veterans Affairs
Bought by
Meldrum Frank
Seller's Agent
Dwayne Epperly
KELLER WILLIAMS REALTY ROANOKE
Buyer's Agent
Andre Palmer
PALMER REALTY GROUP LLC
List Price
$55,000
Sold Price
$47,000
Premium/Discount to List
-$8,000
-14.55%
Views
86
Current Estimated Value
$83,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,757
Avg. Annual Appreciation
30.55%

Purchase Details

Closed on
Apr 13, 2023
Sold by
Atlantic Trustee Services Llc
Bought by
Secretary Of Veterans Affairs and Freedom Mortgage Corporation

Purchase Details

Closed on
Dec 20, 2007
Sold by
Burks James W and Burks Beverly W
Bought by
Sellers Glenn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,009
Interest Rate
6.27%
Mortgage Type
New Conventional
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
Meldrum Frank $47,000 American Title & Settlement Se
Secretary Of Veterans Affairs $44,094 None Listed On Document
Sellers Glenn C -- Acquisition Title & Settleme
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sellers Glenn C $42,009
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $47,000 -14.5% $52 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $55,000 -- $61 / 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 $686 $43,000 $13,700 $29,300
2024 $686 $39,100 $9,800 $29,300
2023 $635 $36,300 $7,000 $29,300
2022 $535 $31,800 $5,000 $26,800
2021 $506 $29,900 $3,100 $26,800
2020 $493 $29,900 $3,100 $26,800
2019 $493 $29,900 $3,100 $26,800
2018 $533 $33,200 $3,100 $30,100
2017 $437 $33,200 $3,100 $30,100
2016 $437 $33,200 $3,100 $30,100
2015 $414 $33,200 $3,100 $30,100
2014 $414 $33,200 $3,100 $30,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Dwayne Epperly

    KELLER WILLIAMS REALTY ROANOKE

    (540) 314-0210

    2 in this area

    90 Total Sales

    Dwayne Epperly
    Section Image
  • Andre Palmer

    Buyer's Agent in 2023

    Andre Palmer

    PALMER REALTY GROUP LLC

    (540) 793-0095

    3 in this area

    80 Total Sales

    Andre Palmer
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 901712

Roanoke Valley Association of REALTORS®

APN: 2020122

Virginia Roanoke City County Roanoke 24016 Harrison

527 Chestnut Ave NW, Roanoke, VA

Not Listed for Sale

Detached

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