Dena Balzano
LICHTENSTEIN ROWAN, REALTORS(r)
(540) 329-2423
92 Total Sales
1 in Old Southwest
$289,950 Price
701 3rd St SW Roanoke, VA 24016
Old Southwest Neighborhood
--
Bed
12
Baths
9,522
Sq Ft
8,712
Sq Ft Lot
Highlights
- City View
- No HOA
- Baseboard Heating
About This Home
As of September 2012Discover the perfect blend of comfort and convenience at this apartment complex, located in the vibrant and historic neighborhood of Southwest Roanoke. Offering both one-bedroom and two-bedroom units, our community is designed to meet your lifestyle needs with modern amenities and spacious living areas. Whether you're looking for a cozy one-bedroom or a spacious two-bedroom apartment, 701 3rd Street Southwest offers the perfect place to call home. Schedule a tour today and see why our residents love living here!
Last Agent to Sell the Property
VRC PROPERTIES LLC License #0225077081 Listed on: 04/06/2012
Last Buyer's Agent
VRC PROPERTIES LLC License #0225077081 Listed on: 04/06/2012
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Property Details
Home Type
- Apartment
Est. Annual Taxes
- $5,791
Year Built
- Built in 1966
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 126x69
Parking
- 10 Parking Spaces
Home Design
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 9,522 Sq Ft Home
- City Views
Schools
- Highland Park Elementary School
- James Madison Middle School
- William Fleming High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heating
- Legal Lot and Block 8 & 9 / 8
Community Details
Overview
- No Home Owners Association
- 11 Units
Building Details
- 11 Leased Units
- Electric Expense $800
- Insurance Expense $2,200
- Maintenance Expense $3,025
- Other Expense $600
- Water Sewer Expense $3,705
- New Taxes Expense $5,791
- Operating Expense $17,646
- Gross Income $62,880
- Net Operating Income $45,234
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
Closed on
Jul 30, 2024
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$685,573
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 28, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
4.53%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Old Southwest, VA
-
Dena Balzano
-
DON MARR
DON MARR
NEXTHOME TWOFOURFIVE
(434) 771-2354
79 Total Sales
2 in Old Southwest
$270K - $390K Price Range
-
Jarrod Hines
Jarrod Hines
REAL BROKER LLC - MCLEAN
(540) 831-3727
107 Total Sales
1 in Old Southwest
$325,000 Price
-
Tim Thompson
Tim Thompson
Responds QuicklyMKB, Roanoke
(540) 900-3294
126 Total Sales
1 in Old Southwest
$395,000 Price
-
Christopher Kidd Carter
Christopher Kidd Carter
LONG & FOSTER - ROANOKE OFFICE
(540) 900-1911
159 Total Sales
2 in Old Southwest
$228K - $365K Price Range
-
Charlene Jones
Charlene Jones
Re/Max Lakefront Realty
(540) 698-4928
184 Total Sales
2 in Old Southwest
$183K - $298K Price Range
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 |
|---|---|---|---|
| $1,000,000 | Fidelity National Title | ||
| $915,000 | None Available |
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 | $700,000 | ||
| Previous Owner | $62,500 | ||
| Previous Owner | $732,000 |
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 |
|---|---|---|---|---|
| 06/04/2026 06/04/26 | Off Market | $1,249 | -- | -- |
| 05/07/2026 05/07/26 | Price Changed | $1,249 | 0.0% | -- |
| 04/07/2026 04/07/26 | Price Changed | $1,249 | -3.8% | -- |
| 03/26/2026 03/26/26 | Price Changed | $1,299 | +4.0% | -- |
| 03/21/2026 03/21/26 | Price Changed | $1,249 | -3.8% | -- |
| 03/08/2026 03/08/26 | Price Changed | $1,299 | +4.0% | -- |
| 03/04/2026 03/04/26 | Price Changed | $1,249 | 0.0% | -- |
| 02/17/2026 02/17/26 | Price Changed | $1,249 | +8.7% | -- |
| 01/07/2026 01/07/26 | Price Changed | $1,149 | 0.0% | -- |
| 12/06/2025 12/06/25 | Price Changed | $1,149 | 0.0% | -- |
| 11/21/2025 11/21/25 | Price Changed | $1,149 | 0.0% | -- |
| 11/06/2025 11/06/25 | Price Changed | $1,149 | 0.0% | -- |
| 08/07/2025 08/07/25 | Price Changed | $1,149 | 0.0% | -- |
| 08/05/2025 08/05/25 | Price Changed | $1,149 | 0.0% | -- |
| 08/05/2025 08/05/25 | For Rent | $1,149 | +20.9% | -- |
| 08/09/2024 08/09/24 | Price Changed | $950 | +5.6% | -- |
| 03/23/2024 03/23/24 | Price Changed | $900 | -27.9% | -- |
| 02/29/2024 02/29/24 | For Rent | -- | -- | -- |
| 01/05/2024 01/05/24 | For Rent | $1,249 | 0.0% | -- |
| 09/25/2012 09/25/12 | Sold | $477,500 | -8.2% | $50 / Sq Ft |
| 07/10/2012 07/10/12 | Pending | -- | -- | -- |
| 04/06/2012 04/06/12 | For Sale | $520,000 | -- | $55 / 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 | $13,596 | $1,114,400 | $88,200 | $1,026,200 |
| 2025 | $14,954 | $1,114,400 | $88,200 | $1,026,200 |
| 2024 | $14,954 | $1,091,700 | $85,600 | $1,006,100 |
| 2023 | $14,637 | $992,400 | $77,800 | $914,600 |
| 2022 | $12,701 | $948,800 | $77,800 | $871,000 |
| 2021 | $11,829 | $884,700 | $70,700 | $814,000 |
| 2020 | $11,829 | $884,700 | $70,700 | $814,000 |
| 2019 | $11,300 | $844,600 | $70,700 | $773,900 |
| 2018 | $10,982 | $820,500 | $70,700 | $749,800 |
| 2017 | $10,422 | $778,100 | $70,700 | $707,400 |
| 2016 | $9,064 | $675,200 | $70,700 | $604,500 |
| 2015 | $5,986 | $675,200 | $70,700 | $604,500 |
| 2014 | $5,986 | $641,000 | $70,700 | $570,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Fountain, CCIM
Seller's Agent in 2012
Jason Fountain, CCIM
VRC PROPERTIES LLC
(540) 354-6456
5 in this area
48 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 780594
APN: 102-0307
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.
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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