NOT LISTED FOR SALE

Estimated Value: $317,000 - $343,000

3 Beds
1.5 Baths
4,836 Sq Ft
$68/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $260,000 $54 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,061/month

Highlights

  • City View
  • Covered Patio or Porch
  • Storage
  • No HOA
  • Fenced Yard
  • 1-minute walk to Highland Park

About This Home

As of February 2022

This home is located at 534 Highland Ave SW, Roanoke, VA 24016 since 31 January 2022 and is currently estimated at $329,217, approximately $68 per square foot. This property was built in 1925. 534 Highland Ave SW is a home located in Roanoke City with nearby schools including Wasena Elementary School, James Madison Middle School, and Patrick Henry High School.

Last Agent to Sell the Property

Jay Kilby

RE/MAX ALL STARS License #0225175819 Listed on: 01/31/2022

RE/MAX ALL STARS

Last Buyer's Agent

Jay Kilby

RE/MAX ALL STARS License #0225175819 Listed on: 01/31/2022

RE/MAX ALL STARS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,108

Year Built

  • Built in 1925

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced Yard

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Storage
  • Laundry on main level
  • City Views
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

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

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Window Unit Cooling System
  • Radiator
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / 1

Community Details

Overview

  • No Home Owners Association
  • Old Southwest Subdivision

Amenities

  • Restaurant
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,108

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Interior Features: Gas Log Fireplace, Masonry Fireplace, Storage
  • Heating System: Radiator Gas Heat
  • Fireplace(s): Living Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Window A/C
  • Outside Features: Covered Porch, Fenced Yard, Patio
  • Views: City
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBRUpperLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1912.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 4836
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 1012.00
  • Major Area: 01 - City of Roanoke
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2022-01-31
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubagentAuthorized: No
  • SubdivisionMap: Old Southwest
  • Total Above Grd Fin S Q F T: 3824
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 4836.00
  • TotalHBaths: 1
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1912.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior

Schools

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.15
  • Lot: 5

Building Info

  • Year Built: 1925

Tax Info

  • Taxes (6 mo): 2108.16
  • FILLTAXID: 1121203

MLS Schools

  • Elementary School: Highland Park
  • HighSchool: Patrick Henry
  • Middle School: James Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Feb 15, 2022
Sold by
Fochtman Samuel E
Bought by
Salem Ahoo
Seller's Agent
Jay Kilby
RE/MAX ALL STARS
Buyer's Agent
Jay Kilby
RE/MAX ALL STARS
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Current Estimated Value
$329,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,217
Avg. Annual Appreciation
7.72%
Original Mortgage
$140,000
Outstanding Balance
$131,230
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$206,299
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
Salem Ahoo $260,000 Colonial Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salem Ahoo $140,000
Previous Owner Hayes Dennis L $170,000
Previous Owner Hayes Dennis L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $260,000 -1.9% $54 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $265,000 +60.6% $55 / Sq Ft
12/29/2014 12/29/14 Sold $165,000 -2.9% $84 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
07/22/2013 07/22/13 For Sale $169,950 -- $87 / 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
2024 $3,200 $206,900 $39,000 $167,900
2023 $2,698 $194,400 $36,400 $158,000
2022 $2,268 $172,800 $29,900 $142,900
2021 $2,202 $168,000 $27,900 $140,100
2020 $2,189 $168,000 $27,900 $140,100
2019 $2,066 $157,900 $20,400 $137,500
2018 $1,998 $152,400 $17,600 $134,800
2017 $1,865 $149,300 $17,600 $131,700
2016 $1,865 $149,300 $17,600 $131,700
2015 $1,791 $149,300 $17,600 $131,700
2014 $1,791 $151,700 $17,600 $134,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 886622

Roanoke Valley Association of REALTORS®

APN: 112-1203