$57,475
SOLD MAY 25, 2016

701 Drew Ave NE Roanoke, VA 24012

Preston Park Neighborhood
2 Beds
1 Bath
1,479 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$39 Per Sq Ft

18% Below List Price

23 Days on Market

Highlights

  • Ranch Style House
  • Detached Carport Space
  • Level Lot
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of April 2019

Listed over $20,000 below assessment for quick sale. Good home for the money, just needs a little TLC. Investors take a look, this could be a real money maker! Seller to make no repairs or inspections

Last Agent to Sell the Property

Joan Turner

BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - NORTH License #0225038796 Listed on: 04/21/2016

BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - NORTH

Co-Listed By

Joel Turner

BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - NORTH License #0255067867

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,211

Year Built

  • Built in 1957

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Detached Carport Space

Schools

  • Monterey Elementary School
  • James Breckinridge Middle School
  • William Fleming High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / 3

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,211

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Cooling System: Central Cooling
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 979.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1958
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 500.00
  • Major Area: 01 - City of Roanoke
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Detached
  • RatifiedContractDt: 2016-05-14
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • SubdivisionMap: Northfield Add
  • Total Above Grd Fin S Q F T: 979
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1479.00
  • TotalUnfin Sq Ft: 479.00
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 479.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Schools

  • Elementary School: Monterey
  • Middle School: James Breckinridge
  • High School: William Fleming

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 60x150
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.21
  • Lot: 5

Building Info

  • Year Built: 1957

Tax Info

  • Taxes (6 mo): 1211.00
  • FILLTAXID: 3280505

MLS Schools

  • Elementary School: Monterey
  • HighSchool: William Fleming
  • Middle School: James Breckinridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2018
Closed on
Apr 10, 2019
Sold by
Lumsden Michael D and Lumsden Myrna S
Bought by
Hernandez Nolasco Orvin E and Hernandez Claros Tania S
Seller's Agent
Wendy Gilbert
RE/MAX ALL POINTS
Buyer's Agent
Veronica Faz
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
List Price
$119,500
Sold Price
$119,500
Current Estimated Value
$219,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,303
Avg. Annual Appreciation
9.59%
Original Mortgage
$117,335
Outstanding Balance
$104,397
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$108,721

Purchase Details

Listed on
Apr 21, 2016
Closed on
May 23, 2016
Sold by
Sitestar Corp
Bought by
Lumsden Michael D and Lumsden Myrna S
Seller's Agent
Joan Turner
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - NORTH
List Price
$69,900
Sold Price
$57,475
Premium/Discount to List
-$12,425
-17.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.60%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $119,500 Performance Ttl & Setmnt Inc
Deed $57,475 First Choice Title & Settlem
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $117,335 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2019 04/23/19 Sold $119,500 0.0% $81 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
11/02/2018 11/02/18 For Sale $119,500 +107.9% $81 / Sq Ft
05/25/2016 05/25/16 Sold $57,475 -17.8% $39 / Sq Ft
05/14/2016 05/14/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $69,900 -- $47 / 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
2024 $2,476 $186,000 $31,900 $154,100
2023 $2,476 $171,000 $28,000 $143,000
2022 $1,993 $148,200 $23,700 $124,500
2021 $1,568 $128,500 $20,200 $108,300
2020 $1,621 $119,700 $20,200 $99,500
2019 $1,535 $112,600 $18,700 $93,900
2018 $1,416 $103,800 $18,700 $85,100
2017 $1,287 $101,100 $18,700 $82,400
2016 $1,296 $101,800 $18,700 $83,100
2015 $1,226 $101,800 $18,700 $83,100
2014 $1,226 $103,000 $18,700 $84,300
Source: Public Records

Agents Affiliated with this Home

  • Wendy Gilbert

    Seller's Agent in 2019

    Wendy Gilbert

    RE/MAX

    (540) 330-3123

    1 in this area

    66 Total Sales

    Section Image

  • V

    Buyer's Agent in 2019

    Veronica Faz

    BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN

    (540) 556-5291

    13 in this area

    99 Total Sales

    Section Image
  • Joan Turner

    Seller's Agent in 2016

    Joan Turner

    BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - NORTH

    (540) 520-1287

    11 in this area

    282 Total Sales

    Section Image
  • Joel Turner

    Seller Co-Listing Agent in 2016

    Joel Turner

    BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - NORTH

    (540) 520-3426

    10 in this area

    266 Total Sales

    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 825459

Roanoke Valley Association of REALTORS®

APN: 3280505

Virginia Roanoke City County Roanoke 24012 Preston Park

701 Drew Ave NE, Roanoke, VA

This home is located at 701 Drew Ave NE, Roanoke, VA 24012 and is currently priced at $57,475, approximately $38 per square foot. This property was built in 1957. 701 Drew Ave NE is a home located in Roanoke City with nearby schools including Monterey Elementary School, Breckinridge Middle School, and William Fleming High School.

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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