NOT LISTED FOR SALE

531 Downing St Roanoke, VA 24019

Estimated Value: $561,740 - $657,000

5 Beds
3.5 Baths
3,002 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $360,000 $120 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,475/month

12 Days on Market

Highlights

  • 0.52 Acre Lot
  • Mountain View
  • Whirlpool Bathtub
  • Cloverdale Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of May 2019

Amazing 2 Story home, updated and well maintained. Owners has replaced carpet, sliding doors, roof, gutters, landscaping, fence, multiple tree work, repainted, updated baths, and so much more. Fabulous views and cul de sac setting. Wonderful kitchen for cooking and entertaining, deck looks out over the fenced back yard. Owner has put in retaining walls to offer a level space for recreation. Entry level bedroom/office can be used as either and offers a full bath. Home warranty offered by Seller to new Owner.

Last Agent to Sell the Property

Tina Friar

KELLER WILLIAMS REALTY ROANOKE License #0225241122 Listed on: 02/08/2019

KELLER WILLIAMS REALTY ROANOKE

Last Buyer's Agent

Janie Meggers

MKB, REALTORS(r) - OAK GROVE License #0225175057

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,481

Year Built

  • Built in 1993

Lot Details

  • 0.52 Acre Lot
  • Cul-De-Sac
  • Fenced Yard
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,002 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Gas Log Fireplace
  • Insulated Doors
  • Family Room with Fireplace
  • Storage
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Cooktop with Range Hood
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Schools

  • Cloverdale Elementary School
  • Read Mountain Middle School
  • Lord Botetourt High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Steeplechase Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,481

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Breakfast Area, Gas Log Fireplace, Storage, Walk-in-Closet, Whirlpool Bath
  • Heating System: Forced Air Gas, Heat Pump Electric, Zoned Heat
  • Fireplace(s): Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Cook Top, Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Hood, Refrigerator
  • Cooling System: Central Cooling, Zoned Cooling
  • Outside Features: Deck, Fenced Yard, Paved Driveway
  • Views: Mountain
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 4
  • EntryAboveGrdFin Sq Ft: 1401.00
  • ExteriorDoors: Insulated
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 4443
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: comcast
  • LaundryLaundryUpperLevel: 1
  • Major Area: 07 - Botetourt County
  • MasterBedroomsMasterBREntryLvl: 1
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2019-02-20
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 3002
  • TotalBdrm: 5
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3002.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 1441.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1441.00
  • UpperAboveGrdFin Sq Ft: 1601.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Community System
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Maint-Free Exterior, Paved Road, Underground Util

Schools

  • Elementary School: Cloverdale
  • Middle School: Read Mountain
  • High School: Lord Botetourt

Lot Info

  • Lot Description: Gentle Slope, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.52
  • Lot: 5

Building Info

  • Year Built: 1993

Tax Info

  • Taxes (6 mo): 2481.00
  • FILLTAXID: 107I(5)BK6-5

MLS Schools

  • Elementary School: Cloverdale
  • HighSchool: Lord Botetourt
  • Middle School: Read Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2019
Closed on
Apr 22, 2019
Sold by
Colvin Darren M and Colvin Angela S
Bought by
Prescott Philip E and Prescott Eleanor A
Seller's Agent
Tina Friar
KELLER WILLIAMS REALTY ROANOKE
Buyer's Agent
Janie Meggers
MKB, REALTORS(r) - OAK GROVE
List Price
$379,000
Sold Price
$360,000
Premium/Discount to List
-$19,000
-5.01%
Current Estimated Value
$598,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,185
Avg. Annual Appreciation
8.18%
Original Mortgage
$342,000
Outstanding Balance
$300,067
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$298,118

Purchase Details

Listed on
Apr 8, 2016
Closed on
Jun 16, 2016
Sold by
Harris Vernon D and Harris Deborah S
Bought by
Colvin Darren M and Colvin Angela S
Seller's Agent
Callie Dalton
LONG & FOSTER - OAK GROVE
List Price
$318,000
Sold Price
$300,000
Premium/Discount to List
-$18,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$270,000
Interest Rate
3.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Prescott Philip E $360,000 First Choice Title & Stlmnt
Colvin Darren M $300,000 Century Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prescott Philip E $342,000
Previous Owner Colvin Darren M $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2019 05/01/19 Sold $360,000 -5.0% $120 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $379,000 +26.3% $126 / Sq Ft
06/27/2016 06/27/16 Sold $300,000 -5.7% $99 / Sq Ft View Prior Sale
06/03/2016 06/03/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $318,000 -- $105 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $3,645 $520,700 $70,000 $450,700
2024 $3,645 $520,700 $70,000 $450,700
2023 $137 $365,600 $70,000 $295,600
2022 $2,888 $365,600 $70,000 $295,600
2021 $2,888 $365,600 $70,000 $295,600
2020 $2,888 $365,600 $70,000 $295,600
2019 $2,481 $314,100 $70,000 $244,100
2018 $2,481 $314,100 $70,000 $244,100
2017 $2,481 $314,100 $70,000 $244,100
2016 $2,481 $314,100 $70,000 $244,100
2015 $2,506 $348,000 $70,000 $278,000
2014 $2,506 $348,000 $70,000 $278,000
2010 -- $348,000 $70,000 $278,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 855879

Roanoke Valley Association of REALTORS®

APN: 107I(5)BK6-5