NOT LISTED FOR SALE

703 Commander Dr Unit A & B Roanoke, VA 24012

Estimated Value: $228,000 - $253,000

4 Beds
2 Baths
3,080 Sq Ft
$78/Sq Ft Est. Value

Last Sold April 27, 2021

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

Est. 32% increase in value since last sale

Current estimated payment $1,498/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%
Total Days on Market
2
Current Estimated Value
$240,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,627
Avg. Annual Appreciation
7.03%
Original Mortgage
$145,200
Outstanding Balance
$132,605
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$107,523

Purchase Details

Closed on
Jun 1, 2017
Sold by
Carter Judy and Rich Debra
Bought by
Rich Debra
Source: Public Records

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Range of Values:

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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 $73,000
Open Bourhill Layton B $145,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

    11 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 $240,128, approximately $77 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.

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