NOT LISTED FOR SALE

542 Walnut Ave SW Roanoke, VA 24016

Old Southwest Neighborhood

Estimated Value: $279,332 - $376,000

4 Beds
2 Baths
2,207 Sq Ft
$142/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $216,725 $98 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,898/month

9 Days on Market

Highlights

  • Dining Room with Fireplace
  • Cathedral Ceiling
  • No HOA
  • American Four Square Architecture
  • Sun or Florida Room
  • 5-minute walk to Highland Dog Park

About This Home

As of June 2022

Timeless old SW Historic 4bedroom home 1 bath on entry level and 1 bath upstairs. Walk in to a large entryway attached to the cozy formal living room with a fireplace, connected to a traditional Dining Room also with a fireplace. Directly across from park. Convenient access to 581, Carilion and downtown. Beautiful sun room with lots of natural light. Hardwood floors underneath carpet. Flash Water Heater 1yr old.So much Character and Potential.HISTORIC TAX CREDIT available to buyer for renovations.

Last Agent to Sell the Property

Veronica Perkins

KELLER WILLIAMS REALTY ROANOKE License #0225240679 Listed on: 03/22/2022

KELLER WILLIAMS REALTY ROANOKE

Co-Listed By

Daniel Perkins

KELLER WILLIAMS REALTY ROANOKE License #0225254531

Last Buyer's Agent

Valerie Eagle

PARK PLACE REALTY INC License #0225043304

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,217

Year Built

  • Built in 1914

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot
  • Garden
  • Property is zoned RM-1

Home Design

  • American Four Square Architecture

Interior Spaces

  • 2,207 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Sun or Florida Room
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • 2 Parking Spaces
  • Attached Carport
  • On-Street Parking

Outdoor Features

  • Covered patio or porch
  • Shed

Schools

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

Utilities

  • Window Unit Cooling System
  • Radiator
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 3 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,217

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Interior Features: Cathedral Ceiling
  • Heating System: Radiator Gas Heat
  • Fireplace(s): Dining Room, Family Room, Other - See Remarks
  • Type: Residential
  • Has Basement: Walkout - Full
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Window A/C
  • Outside Features: Covered Porch, Garden Space, Patio, Storage Shed, Sunroom
  • BedroomsBRUpperLevel: 4
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1202.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 3
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 2806
  • LaundryLaundryLowerLevel: 1
  • Major Area: 01 - City of Roanoke
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • RatifiedContractDt: 2022-03-31
  • Residential Type: Detached
  • Style Of House: 2 Story, Foursquare
  • SubdivisionMap: Old Southwest
  • Total Above Grd Fin S Q F T: 2207
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2207.00
  • TotalUnfin Sq Ft: 599.00
  • Uncovered Parking: Street Parking
  • Unfinished Attached S Q F T Other Above Grd Unfin S Q F T: 599.00
  • UpperAboveGrdFin Sq Ft: 1005.00
  • 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

Exterior Features

  • Porch: Front Porch

Utilities

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

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.15
  • Lot: 3
  • ZoningCode: RM-1

Building Info

  • Year Built: 1914

Tax Info

  • Taxes (6 mo): 2216.64
  • FILLTAXID: 1131203

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
Mar 22, 2022
Closed on
May 3, 2022
Sold by
Mcclure Charles W and Mcclure Lucinda C
Bought by
Gallagher Michael J and Gallagher Kristin N
Seller's Agent
Veronica Perkins
KELLER WILLIAMS REALTY ROANOKE
Buyer's Agent
Valerie Eagle
PARK PLACE REALTY INC
List Price
$224,999
Sold Price
$216,725
Premium/Discount to List
-$8,274
-3.68%
Total Days on Market
9
Current Estimated Value
$313,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,858
Avg. Annual Appreciation
13.06%
Original Mortgage
$173,380
Outstanding Balance
$165,680
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$147,903
Source: Public Records

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Range of Values:

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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
Gallagher Michael J $216,725 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Michael J $173,380
Previous Owner Mcclure Charles W $25,822
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $216,725 -3.7% $98 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $224,999 -- $102 / 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 $2,803 $215,500 $39,000 $176,500
2023 $2,803 $202,700 $36,400 $166,300
2022 $2,328 $177,700 $29,900 $147,800
2021 $2,217 $169,200 $27,900 $141,300
2020 $2,203 $169,200 $27,900 $141,300
2019 $2,049 $156,500 $20,400 $136,100
2018 $1,984 $151,200 $17,600 $133,600
2017 $1,821 $145,700 $17,600 $128,100
2016 $1,683 $134,400 $17,600 $116,800
2015 $1,448 $125,100 $17,600 $107,500
2014 $1,448 $0 $17,600 $97,800
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    Veronica Perkins

    KELLER WILLIAMS REALTY ROANOKE

    (540) 632-0767

    5 in this area

    197 Total Sales

    Veronica Perkins
    Section Image

  • D

    Seller Co-Listing Agent in 2022

    Daniel Perkins

    KELLER WILLIAMS REALTY ROANOKE

    (540) 632-0767

    1 in this area

    106 Total Sales

    Daniel Perkins
    Section Image
  • Valerie Eagle

    Buyer's Agent in 2022

    Valerie Eagle

    PARK PLACE REALTY INC

    (540) 537-1808

    13 in this area

    66 Total Sales

    Valerie Eagle
    Section Image

  • K

    Buyer Co-Listing Agent in 2022

    KELLI L EAGLE

    PARK PLACE REALTY INC

    (540) 815-2225

    8 in this area

    50 Total Sales

    KELLI L EAGLE
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 887913

Roanoke Valley Association of REALTORS®

APN: 113-1203

Virginia Roanoke City County Roanoke 24016 Old Southwest

542 Walnut Ave SW, Roanoke, VA

This home is located at 542 Walnut Ave SW, Roanoke, VA 24016 since 22 March 2022 and is currently estimated at $313,583, approximately $142 per square foot. This property was built in 1914. 542 Walnut Ave SW is a home located in Roanoke City with nearby schools including Highland Park Elementary School, James Madison Middle School, and Patrick Henry High School.

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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