C
Seller's Agent in 2023
Chase OBryan
O'BRYAN & ASSOCIATES REAL ESTATE INC
(540) 204-6630
3 in this area
18 Total Sales
5514 Woodland Ln Unit 5516 Roanoke, VA 24018
Cave Spring Neighborhood
--
Bed
--
Bath
1,792
Sq Ft
0.44
Acres
About This Home
As of January 2023Great opportunity for new or experienced investor to own or add a high end portfolio of properties in great Roanoke County areas! One of two brick/vinyl duplexes (5510 Woodland MLS #894665) and a brick townhome(127 Southampton Drive MLS # 894663) located in Vinton offered as a package sale for $735,000 all together. Duplexes are located on adjacent lots in heart of SW Roanoke County. Each 896 SF townhouse style unit features 2 BR & 1.5 BA. The units offer large living rooms & laundry closets, kitchens w/ dishwashers. Central HVAC. All utilities are separated. Built in 1995 the properties have been exceptionally well maintained w/ many recent upgrades, including metal roofs on each building. Buyer/Buyer's agent to verify all information no expressed/implied warrantie
Last Agent to Sell the Property
O'BRYAN & ASSOCIATES REAL ESTATE INC License #0225248944 Listed on: 12/01/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,938
Year Built
- Built in 1995
Lot Details
- 0.44 Acre Lot
Home Design
- Duplex
- Brick Exterior Construction
Interior Spaces
- 1,792 Sq Ft Home
- Crawl Space
Schools
- Penn Forest Elementary School
- Cave Spring Middle School
- Cave Spring High School
Utilities
- Heat Pump System
- Underground Utilities
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot PT 7
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 1 Leased Unit
- Insurance Expense $703
- Maintenance Expense $1,200
- Other Expense $1,000
- New Taxes Expense $1,938
- Operating Expense $4,841
- Gross Income $26,940
- Net Operating Income $22,099
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2021
Closed on
Sep 7, 2021
Sold by
Clark Glenn D and Clark Sally M
Bought by
Carriage Properties Llc
Seller's Agent
Matt O'bryan
O'BRYAN & ASSOCIATES REAL ESTATE INC
Buyer's Agent
Matt O'bryan
O'BRYAN & ASSOCIATES REAL ESTATE INC
List Price
$242,475
Sold Price
$225,000
Premium/Discount to List
-$17,475
-7.21%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,144
Avg. Annual Appreciation
11.99%
Original Mortgage
$382,500
Outstanding Balance
$351,818
Interest Rate
2.8%
Mortgage Type
Amount Keyed Is An Aggregate Amount
Estimated Equity
-$2,280
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $450,000 | Fidelity National Ttl Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $382,500 | Amount Keyed Is An Aggregate Amount |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/27/2023 01/27/23 | Sold | $270,000 | -6.9% | $151 / Sq Ft |
| 01/12/2023 01/12/23 | Pending | -- | -- | -- |
| 12/01/2022 12/01/22 | For Sale | $290,000 | +28.9% | $162 / Sq Ft |
| 09/10/2021 09/10/21 | Sold | $225,000 | -7.2% | $126 / Sq Ft |
| 07/28/2021 07/28/21 | Pending | -- | -- | -- |
| 07/08/2021 07/08/21 | For Sale | $242,475 | -- | $135 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History Compared to Growth
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 | $2,300 | $221,200 | $37,000 | $184,200 |
| 2023 | $2,197 | $207,300 | $37,000 | $170,300 |
| 2022 | $1,974 | $181,100 | $37,000 | $144,100 |
| 2021 | $1,775 | $162,800 | $32,000 | $130,800 |
| 2020 | $1,711 | $157,000 | $33,600 | $123,400 |
| 2019 | $1,623 | $148,900 | $31,500 | $117,400 |
| 2018 | $1,597 | $147,900 | $31,500 | $116,400 |
| 2017 | $1,597 | $146,500 | $31,500 | $115,000 |
| 2016 | $1,597 | $146,500 | $31,500 | $115,000 |
| 2015 | $1,576 | $144,600 | $29,400 | $115,200 |
| 2014 | $1,565 | $143,600 | $28,400 | $115,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Michael Waldvogel
WALDVOGEL COMMERCIAL PROPERTIES
(540) 342-0800
6 in this area
21 Total Sales
-
Buyer Co-Listing Agent in 2023
Krista Vannoy
WALDVOGEL COMMERCIAL PROPERTIES
(540) 225-2490
6 in this area
20 Total Sales
-
M
Seller's Agent in 2021
Matt O'bryan
O'BRYAN & ASSOCIATES REAL ESTATE INC
(540) 330-4004
6 in this area
28 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 894666
APN: 087.14-02-09
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