NOT LISTED FOR SALE

5536 Crestwood Dr Unit & 5538 Roanoke, VA 24018

Cave Spring Neighborhood

Estimated Value: $358,449 - $575,000

4 Beds
2 Baths
2,160 Sq Ft
$193/Sq Ft Est. Value

Last Sold August 23, 2012

Last sale price $205,000 $95 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,447/month

80 Days on Market

Highlights

  • No HOA
  • Views
  • Central Air
  • Penn Forest Elementary School Rated A
  • Storage

About This Home

As of August 2012

One of two Duplexes listed in beautiful Crestwood Estates. Great Investment or owner occupant opportunity with steady cash flow and good rental history Each unit has its own garage and private deck. Paved driveway, manicured landscaping, and all brick exterior are just a few of the perks that make this a very attractive property.

Co-Listed By

Michael Waldvogel

WALDVOGEL COMMERCIAL PROPERTIES License #0225079460

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,137

Year Built

  • Built in 1999

Lot Details

  • 0.48 Acre Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,160 Sq Ft Home
  • Storage
  • Property Views

Basement

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

Schools

  • Penn Forest Elementary School
  • Cave Spring Middle School
  • Cave Spring High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 5A

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Crestwood Park Subdivision

Building Details

  • 2 Leased Units
  • Insurance Expense $281
  • Maintenance Expense $825
  • New Taxes Expense $2,137
  • Operating Expense $3,243
  • Gross Income $20,040
  • Net Operating Income $16,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,137

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Interior Features: Storage
  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Walkout - Full
  • Cooling System: Central Cooling
  • Views: Sunset
  • ExpensesTaxExp: 2137.00
  • Major Area: 02 - Roanoke County
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • SubdivisionMap: Crestwood Estates
  • TotalAnnualExpen: 3243.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Other - See Remarks

Utilities

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

Association/Amenities

  • Misc Features: Current Lease

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.48
  • Lot: 5A
  • Present Use: Built-As
  • ZoningCode: R-2

Building Info

  • Year Built: 1999

Tax Info

  • Taxes (6 mo): 2137.00

Multi Family

  • Lease Type: One Year
  • Tenant Pays: All Utilities
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Penn Forest
  • HighSchool: Cave Spring
  • Middle School: Cave Spring

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2012 08/23/12 Sold $205,000 -4.7% $95 / Sq Ft
06/14/2012 06/14/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $215,000 -- $100 / 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 $3,058 $296,900 $40,000 $256,900
2024 $2,871 $276,100 $40,000 $236,100
2023 $2,766 $260,900 $40,000 $220,900
2022 $2,438 $223,700 $36,000 $187,700
2021 $2,330 $213,800 $36,000 $177,800
2020 $2,261 $207,400 $35,500 $171,900
2019 $2,218 $203,500 $35,500 $168,000
2018 $2,133 $197,700 $35,500 $162,200
2017 $2,133 $195,700 $35,500 $160,200
2016 $2,133 $195,700 $35,500 $160,200
2015 $2,112 $193,800 $35,500 $158,300
2014 $2,110 $193,600 $35,500 $158,100
Source: Public Records

Agents Affiliated with this Home

  • Michael Waldvogel

    Seller Co-Listing Agent in 2012

    Michael Waldvogel

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 342-0800

    6 in this area

    24 Total Sales

    Michael Waldvogel
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 780224

Roanoke Valley Association of REALTORS®

APN: 087.14-06-05

Virginia Roanoke County Roanoke 24018 Cave Spring

5536 Crestwood Dr Unit & 5538, Roanoke, VA

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