NOT LISTED FOR SALE

550 Mountain Ave SW Roanoke, VA 24016

Old Southwest Neighborhood

Estimated Value: $323,574

3 Beds
2 Baths
2,243 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: September 14, 2018

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

Est. 65% increase in value since last sale

Current estimated payment $2,101 / mo

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® License #0225180222

LICHTENSTEIN ROWAN, REALTORS®

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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

6,534 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Seller's Agent
Valerie Eagle
PARK PLACE REALTY INC
Buyer's Agent
Joe Kraft
LICHTENSTEIN ROWAN, REALTORS®
List Price
$214,950
Sold Price
$196,000
Premium/Discount to List
-$18,950
-8.82%
Current Estimated Value
$323,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,574
Avg. Annual Appreciation
6.43%
Original Mortgage
$186,200
Outstanding Balance
$158,669
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$164,905
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Old Southwest, VA

  • Tim Thompson Real Estate Agent - MKB, Roanoke

    Tim Thompson

    MKB, Roanoke

    (540) 900-3294

    123 Total Sales

    1 in Old Southwest

    $395,000 Price

    Tim Thompson
     Section Image
  • Christopher Kidd Carter Real Estate Agent - LONG & FOSTER - ROANOKE OFFICE

    Christopher Kidd Carter

    LONG & FOSTER - ROANOKE OFFICE

    (540) 900-1911

    159 Total Sales

    2 in Old Southwest

    $228K - $365K Price Range

    Christopher Kidd Carter
     Section Image
  • Charlene Jones Real Estate Agent - Re/Max Lakefront Realty

    Charlene Jones

    Re/Max Lakefront Realty

    (540) 698-4928

    186 Total Sales

    2 in Old Southwest

    $183K - $298K Price Range

    Charlene Jones
     Section Image
  • Brandon Black Real Estate Agent - Real Broker, LLC

    Brandon Black

    Real Broker, LLC

    (434) 300-3675

    65 Total Sales

    3 in Old Southwest

    $275K - $310K Price Range

    Brandon Black
     Section Image
  • Kat Pascal Real Estate Agent - MOUNTAIN VIEW REAL ESTATE LLC

    Kat Pascal

    MOUNTAIN VIEW REAL ESTATE LLC

    (540) 384-9221

    29 Total Sales

    1 in Old Southwest

    $182,500 Price

    Kat Pascal
     Section Image
  • Darin Greear Real Estate Agent - Long & Foster - Blacksburg

    Darin Greear

    Long & Foster - Blacksburg

    (540) 518-0531

    603 Total Sales

    1 in Old Southwest

    $32,500 Price

    Darin Greear
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$196,000 Old Republic National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $186,200
Previous Owner Prince Norman A $20,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,128 $256,400 $45,900 $210,500
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 Real Estate Agent - PARK PLACE REALTY INC

    Seller's Agent in 2018

    Valerie Eagle

    PARK PLACE REALTY INC

    (540) 537-1808

    12 in this area

    48 Total Sales

    Valerie Eagle
    Section Image
  • Joe Kraft Real Estate Agent - LICHTENSTEIN ROWAN, REALTORS®

    Buyer's Agent in 2018

    Joe Kraft

    LICHTENSTEIN ROWAN, REALTORS®

    (727) 296-7492

    14 in this area

    219 Total Sales

    Joe Kraft
    Section Image

  • SE

    Buyer Co-Listing Agent in 2018

    Steve Eller

    LICHTENSTEIN ROWAN, REALTORS®

    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

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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