NOT LISTED FOR SALE

703 Commander Dr Unit A & B Roanoke, VA 24012

Estimated Value: $241,000 - $258,000

4 Beds
2 Baths
3,080 Sq Ft
$81/Sq Ft Est. Value

Last Sold April 27, 2021

Last sale price $181,501 $59 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,481/month

2 Days on Market

About This Home

As of April 2021

Duplex located in desirable North Co. location. Each unit boasts approx. 1111 Sq. Ft. of living space with 2BR/1BA, living room, Eat in kitchen and Rec. Room in full walk out basement. Laundry hookups in both units. Both units currently leased, Unit A for $500/month and unit B for $600/month leaving some upside to new owner. Currently owner pays for water and lawn care/snow removal only, tenants pay everything else.

Last Agent to Sell the Property

Coy Carter

MOUNTAIN VIEW REAL ESTATE LLC License #0225074029 Listed on: 03/08/2021

Last Buyer's Agent

Mary Kay Thurman

RE/MAX ALL STARS License #0225029632

RE/MAX ALL STARS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,530

Year Built

  • Built in 1972

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • 3,080 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Basement

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

Schools

  • Burlington Elementary School
  • Northside Middle School
  • Northside High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 8 / 1

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Captains Grove Subdivision

Building Details

  • 2 Leased Units
  • Insurance Expense $684
  • Other Expense $900
  • Water Sewer Expense $720
  • New Taxes Expense $1,530
  • Operating Expense $3,834
  • Gross Income $13,200
  • Net Operating Income $9,366

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,530

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Interior Features: Other - See Remarks
  • Heating System: Forced Air Electric
  • Type: Multi-Family
  • Has Basement: Walkout - Full
  • Cooling System: Central Cooling
  • ExpensesOtherExp: 900.00
  • ExpensesTaxExp: 1530.00
  • Major Area: 02 - Roanoke County
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • NumberVehicleSpaces: 4.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2021-03-10
  • SubdivisionMap: Captains Grove
  • TotalAnnualExpen: 3834.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Private (10 or More)

Utilities

  • Sewer Description: Public Sewer
  • Expenses Water Exp: 720.00
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Other - See Remarks

Schools

  • Elementary School: Burlington
  • Middle School: Northside
  • High School: Northside

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.19
  • Lot: 8

Building Info

  • Year Built: 1972

Tax Info

  • Taxes (6 mo): 1530.00
  • FILLTAXID: 038.06-01-21.00-0000

Multi Family

  • Tenant Pays: Cable TV, Electricity
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Burlington
  • HighSchool: Northside
  • Middle School: Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 15, 2021
Sold by
Rich Debra
Bought by
Bourhill Layton B
Seller's Agent
Coy Carter
MOUNTAIN VIEW REAL ESTATE LLC
Buyer's Agent
Mary Kay Thurman
RE/MAX ALL STARS
List Price
$169,950
Sold Price
$181,501
Premium/Discount to List
$11,551
6.8%
Current Estimated Value
$251,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,502
Avg. Annual Appreciation
7.50%
Original Mortgage
$145,200
Outstanding Balance
$131,203
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$119,800

Purchase Details

Closed on
Jun 1, 2017
Sold by
Carter Judy and Rich Debra
Bought by
Rich Debra
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
Bourhill Layton B $181,501 Fidelity National Ttl Ins Co
Rich Debra -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bourhill Layton B $145,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2021 04/27/21 Sold $181,501 +6.8% $59 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $169,950 -- $55 / 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 $1,968 $191,100 $35,000 $156,100
2024 $1,854 $178,300 $35,000 $143,300
2023 $1,808 $170,600 $35,000 $135,600
2022 $1,713 $157,200 $35,000 $122,200
2021 $1,475 $135,300 $27,000 $108,300
2020 $1,457 $133,700 $29,000 $104,700
2019 $1,392 $127,700 $29,000 $98,700
2018 $1,341 $124,200 $29,000 $95,200
2017 $1,341 $123,000 $29,000 $94,000
2016 $1,341 $123,000 $29,000 $94,000
2015 $1,318 $120,900 $29,000 $91,900
2014 $1,293 $118,600 $29,000 $89,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Coy Carter

    MOUNTAIN VIEW REAL ESTATE LLC

    (540) 312-1443

    10 Total Sales

    Coy Carter
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 877597

Roanoke Valley Association of REALTORS®

APN: 038.06-01-21

Virginia Roanoke County Roanoke 24012

703 Commander Dr Unit A & B, Roanoke, VA

This home is located at 703 Commander Dr Unit A & B, Roanoke, VA 24012 since 08 March 2021 and is currently estimated at $251,003, approximately $81 per square foot. This property was built in 1972. 703 Commander Dr Unit A & B is a home located in Roanoke County with nearby schools including Burlington Elementary School, Northside Middle School, and Northside 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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