NOT LISTED FOR SALE

5929 Roanoke Rd Unit & 5917 Shawsville, VA 24162

-- Bed
-- Bath
2,554 Sq Ft
0.54 Acres

Last Sold September 18, 2018

Last sale price $40,000 $16 Per Sq Ft

5 Days on Market

Highlights

  • Stream or River on Lot
  • No HOA
  • Baseboard Heating

About This Home

As of September 2018

Highly motivated seller. Bring all offers! Located in Shawsville this 0.54-acre lot is conveniently located between Christiansburg and Roanoke near local shops and eateries. Five-unit apartment building and cozy brick 3 BR cottage. Fantastic investment opportunity!

Last Agent to Sell the Property

Amy Hudson

RE/MAX 8 License #0225037894 Listed on: 08/30/2018

RE/MAX 8

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1950

Lot Details

  • 0.54

Parking

  • Unpaved Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,554 Sq Ft Home
  • Crawl Space

Schools

  • Eastern Montgomery Elementary School
  • Shawsville Middle School
  • Eastern Montgomery High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Water Heater

Additional Features

  • Stream or River on Lot
  • 0.54 Acre Lot

Listing and Financial Details

  • Tenant pays for all utilities, trash disposal, water
  • Month-to-Month Lease Term
  • Legal Lot and Block s/s VA RT 460 / 2PAR

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 5 Leased Units
  • Operating Expense $3,405
  • Gross Income $19,620
  • Net Operating Income $16,215

Property Details

Home Type

Apartment

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Heating System: Baseboard Electric, Other - See Remarks
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: Other - See Remarks, Window A/C
  • Major Area: 10 - Montgomery County
  • NumberLeasedUnits: 5.00
  • NumberUnfurnished: 6.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2018-09-04
  • TotalAnnualExpen: 3404.58
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Unpaved

Utilities

  • Sewer Description: Shared Septic
  • Water Description: Other - See Remarks
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Pet Allowed, Stream

Schools

  • Elementary School: Eastern Montgomery
  • Middle School: Shawsville
  • High School: Eastern Montgomery

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.54
  • Lot: s/s VA RT 460

Building Info

  • Year Built: 1950

Tax Info

  • Taxes (6 mo): 1519.00
  • FILLTAXID: 082-A150A & 082-A150

Multi Family

  • Lease Type: Month-to-Month, One Year, Other - See Remarks, Renewable Option, Six Months
  • Tenant Pays: All Utilities, Trash Disposal, Water
  • Units In Building: 6.00
  • Multi Family Type: Apartments

MLS Schools

  • Elementary School: Eastern Montgomery
  • HighSchool: Eastern Montgomery
  • Middle School: Shawsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2018
Closed on
Sep 12, 2018
Sold by
Hoops Rentals Llc
Bought by
Hagy Benny H
Seller's Agent
Amy Hudson
RE/MAX 8
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$59,900
Sold Price
$40,000
Premium/Discount to List
-$19,900
-33.22%

Purchase Details

Closed on
May 21, 2004
Source: Public Records

Range of Values:

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Average Value
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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
Hagy Benny H $40,000 Brooks Title & Escrow Llc
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2018 09/18/18 Sold $40,000 -33.2% $16 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $59,900 -- $23 / 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 $117 $153,500 $38,600 $114,900
2024 $1,151 $153,500 $38,600 $114,900
2023 $1,075 $153,500 $38,600 $114,900
2022 $712 $80,000 $30,900 $49,100
2021 $712 $80,000 $30,900 $49,100
2020 $712 $80,000 $30,900 $49,100
2019 $712 $80,000 $30,900 $49,100
2018 $642 $72,100 $30,900 $41,200
2017 $642 $72,100 $30,900 $41,200
2016 $642 $72,100 $30,900 $41,200
2015 $642 $72,100 $30,900 $41,200
2014 $648 $72,800 $30,900 $41,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 852020

Roanoke Valley Association of REALTORS®

APN: 019237