NOT LISTED FOR SALE

541 Elm Ave SW Roanoke, VA 24016

Old Southwest Neighborhood

Estimated Value: $214,371 - $246,000

3 Beds
2 Baths
1,804 Sq Ft
$129/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $127,900 $71 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,434/month

5 Days on Market

Highlights

  • No HOA
  • Restaurant
  • 3-minute walk to Highland Park
  • Covered Patio or Porch
  • Forced Air Zoned Heating and Cooling System

About This Home

As of July 2018

SW city home. A perfect opportunity to make some extra income with AIRBNB or a roommate, with a kitchenette on each level. Spacious off street parking. First floor is mostly ADA compliant. Very close to restaurants, parks, downtown, and the greenway. Recent upgrades: sealed roof, exterior paint. Upgrades since 2013: 200 amp electrical panel, service wire to the street, all new wiring, all new plumbing, HVAC, restored original trim and baseboard, insulation in walls, attic, and basement, custom bathroom tilework, basement access building, handrail on front porch, wheelchair friendly downstairs.

Last Agent to Sell the Property

Joe Kraft

LICHTENSTEIN ROWAN, REALTORS(r) License #0225180222 Listed on: 06/15/2018

LICHTENSTEIN ROWAN, REALTORS(r)

Last Buyer's Agent

Steve Eller

LICHTENSTEIN ROWAN, REALTORS(r) License #0225217181

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $623

Year Built

  • Built in 1914

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 33 x 130
  • Cleared Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home

Interior Spaces

  • 1,804 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 5 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Wasena Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 16/17 / 8

Community Details

Overview

  • No Home Owners Association
  • Old Southwest Subdivision

Amenities

  • Restaurant

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$623

Year Built

Built in 1914

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Heating System: Forced Air Gas, Heat Pump Electric, Zoned Heat
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Central Cooling, Zoned Cooling
  • Outside Features: Covered Porch
  • AddlCoveredPrkng: Not Applicable
  • EntryAboveGrdFin Sq Ft: 902.00
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 01 - City of Roanoke
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 1804
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1804.00
  • UncoveredNumberSpaces: 5.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 902.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

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

Lot Info

  • Lot Description: Cleared
  • Lot Dimensions: 33 x 130
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.09
  • Lot: 16/17

Building Info

  • Year Built: 1914

Tax Info

  • Taxes (6 mo): 623.00

MLS Schools

  • Elementary School: Wasena
  • HighSchool: Patrick Henry
  • Middle School: James Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 20, 2018
Sold by
Booth Tracy
Bought by
Bolden Vernie L and Bolden Angela Lee
Seller's Agent
Joe Kraft
LICHTENSTEIN ROWAN, REALTORS(r)
Buyer's Agent
Steve Eller
LICHTENSTEIN ROWAN, REALTORS(r)
List Price
$127,900
Sold Price
$127,900
Current Estimated Value
$233,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,443
Avg. Annual Appreciation
8.15%
Original Mortgage
$124,063
Outstanding Balance
$106,634
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$126,709

Purchase Details

Listed on
Nov 29, 2011
Closed on
Mar 7, 2012
Sold by
Jimenez Juan
Bought by
Booth Tracy
Seller's Agent
Bob Saunders
BARKER REALTY CO
Buyer's Agent
Bob Saunders
BARKER REALTY CO
List Price
$21,950
Sold Price
$23,000
Premium/Discount to List
$1,050
4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.80%

Purchase Details

Closed on
Jul 28, 2005
Sold by
Bkc Properties Inc
Bought by
Jimenez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2005
Sold by
Lpw Family Lp
Bought by
Bkc Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2005
Sold by
Cromwell James R
Bought by
Lpw Family Limited Partnership
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
Bolden Vernie L $127,900 Performance Title & Settleme
Booth Tracy $21,900 First American Title Ins Co
Jimenez Juan -- None Available
Bkc Properties Inc -- None Available
Lpw Family Limited Partnership $24,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolden Vernie L $124,063
Previous Owner Jimenez Juan $22,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2018 07/27/18 Sold $127,900 0.0% $71 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $127,900 +456.1% $71 / Sq Ft
03/07/2012 03/07/12 Sold $23,000 +4.8% $13 / Sq Ft View Prior Sale
02/20/2012 02/20/12 Pending -- -- --
11/29/2011 11/29/11 For Sale $21,950 -- $12 / 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
2026 $2,344 $192,100 $37,200 $154,900
2025 $2,540 $192,100 $37,200 $154,900
2024 $2,540 $178,800 $30,900 $147,900
2023 $2,372 $151,800 $23,200 $128,600
2022 $1,755 $129,700 $17,200 $112,500
2021 $1,699 $125,900 $13,400 $112,500
2020 $1,686 $125,900 $13,400 $112,500
2019 $1,626 $121,900 $9,400 $112,500
2018 $1,454 $107,800 $7,800 $100,000
2017 $634 $48,400 $7,800 $40,600
2016 $593 $45,100 $7,800 $37,300
2015 $538 $45,100 $7,800 $37,300
2014 $538 $38,400 $7,800 $30,600
Source: Public Records

Agents Affiliated with this Home

  • Joe Kraft

    Seller's Agent in 2018

    Joe Kraft

    LICHTENSTEIN ROWAN, REALTORS(r)

    (727) 296-7492

    18 in this area

    276 Total Sales

    Joe Kraft
    Section Image
  • Steve Eller

    Buyer's Agent in 2018

    Steve Eller

    LICHTENSTEIN ROWAN, REALTORS(r)

    (540) 793-2012

    1 in this area

    81 Total Sales

    Steve Eller
    Section Image

  • B

    Seller's Agent in 2012

    Bob Saunders

    BARKER REALTY CO

    (540) 798-8725

    8 Total Sales

    Bob Saunders
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 849510

Roanoke Valley Association of REALTORS®

APN: 1120618

Virginia Roanoke City County Roanoke 24016 Old Southwest

541 Elm Ave SW, Roanoke, VA

Not Listed for Sale

Mobile Manufactured

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