NOT LISTED FOR SALE

550 Mountain Ave SW Roanoke, VA 24016

Old Southwest Neighborhood

Estimated Value: $278,441 - $391,000

3 Beds
2 Baths
2,243 Sq Ft
$146/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $196,000 $87 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,974/month

27 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • Fenced Yard
  • 2 Fireplaces
  • Covered Patio or Porch
  • 1-minute walk to Highland Park

About This Home

As of September 2018

Architecturally accurate with many historic elements still intact. Staircase, pocket doors, original mantle, DR china cabinet, light fixtures, oak flooring, etc. Large rooms, comfortable floor plan. Fresh paint throughout. Covered balcony on 2nd floor for morning coffee! Clawfoot tub in first floor bath, tiled shower upstairs. Laundry upstairs (W/D included). Huge walk-in cedar closet. Situated on a corner lot, privacy fenced, patio pavers, raised beds and access to 2 car garage. Located one block from Highland Park, easy walk to Downtown and Greenways.

Last Agent to Sell the Property

Valerie Eagle

PARK PLACE REALTY INC License #0225043304 Listed on: 07/18/2018

Last Buyer's Agent

Joe Kraft

LICHTENSTEIN ROWAN, REALTORS(r) License #0225180222

LICHTENSTEIN ROWAN, REALTORS(r)

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,835

Year Built

  • Built in 1915

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Fenced Yard
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Victorian Architecture

Interior Spaces

  • 2,243 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Storage
  • Partial Basement

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • No Cooling
  • Radiator

Community Details

  • No Home Owners Association
  • Old Southwest Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 15

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,835

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Storage
  • Heating System: Radiator Gas Heat
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Gas, Refrigerator
  • Cooling System: No Cooling System
  • Outside Features: Covered Porch, Fenced Yard, Storage Shed
  • EntryAboveGrdFin Sq Ft: 1240.00
  • Fireplace Number Fireplaces: 2
  • LaundryLaundryUpperLevel: 1
  • Major Area: 01 - City of Roanoke
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • Residential Type: Detached
  • Style Of House: Victorian
  • SubdivisionMap: Lewis
  • Total Above Grd Fin S Q F T: 2243
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2243.00
  • UpperAboveGrdFin Sq Ft: 1003.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Maint-Free Exterior

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 50x130
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.15
  • Lot: 1

Building Info

  • Year Built: 1915

Tax Info

  • Taxes (6 mo): 1835.00

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
Jul 18, 2018
Closed on
Sep 14, 2018
Sold by
Prince Norman A and Prince Paula L
Bought by
Miner Reid P
Seller's Agent
Valerie Eagle
PARK PLACE REALTY INC
Buyer's Agent
Joe Kraft
LICHTENSTEIN ROWAN, REALTORS(r)
List Price
$214,950
Sold Price
$196,000
Premium/Discount to List
-$18,950
-8.82%
Current Estimated Value
$327,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,360
Avg. Annual Appreciation
7.22%
Original Mortgage
$186,200
Outstanding Balance
$162,392
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$164,968
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
Miner Reid P $196,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miner Reid P $186,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2018 09/14/18 Sold $196,000 -8.8% $87 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $214,950 -- $96 / 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 $3,342 $256,400 $45,900 $210,500
2024 $3,342 $231,900 $39,000 $192,900
2023 $3,036 $214,800 $32,800 $182,000
2022 $2,525 $191,800 $26,900 $164,900
2021 $2,442 $185,900 $25,100 $160,800
2020 $2,429 $185,900 $25,100 $160,800
2019 $2,308 $176,000 $18,400 $157,600
2018 $1,996 $150,400 $15,800 $134,600
2017 $1,855 $146,700 $15,800 $130,900
2016 $1,841 $145,600 $15,800 $129,800
2015 $1,658 $145,600 $15,800 $129,800
2014 $1,658 $145,600 $15,800 $129,800
Source: Public Records

Agents Affiliated with this Home

  • Valerie Eagle

    Seller's Agent in 2018

    Valerie Eagle

    PARK PLACE REALTY INC

    (540) 537-1808

    13 in this area

    58 Total Sales

    Valerie Eagle
    Section Image
  • Joe Kraft

    Buyer's Agent in 2018

    Joe Kraft

    LICHTENSTEIN ROWAN, REALTORS(r)

    (727) 296-7492

    19 in this area

    299 Total Sales

    Joe Kraft
    Section Image
  • Steve Eller

    Buyer Co-Listing Agent in 2018

    Steve Eller

    LICHTENSTEIN ROWAN, REALTORS(r)

    (540) 793-2012

    2 in this area

    91 Total Sales

    Steve Eller
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 850616

Roanoke Valley Association of REALTORS®

APN: 1121101

Virginia Roanoke City County Roanoke 24016 Old Southwest

550 Mountain Ave SW, Roanoke, VA

Not Listed for Sale

Mobile Manufactured

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