NOT LISTED FOR SALE

809 Ferdinand Ave SW Roanoke, VA 24016

Old Southwest Neighborhood
4 Beds
1 Bath
2,300 Sq Ft
6,534 Sq Ft

Last Sold February 12, 2020

Last sale price $130,560 $57 Per Sq Ft

20 Days on Market

Highlights

  • City View
  • No HOA
  • 4-minute walk to Highland Park

About This Home

As of February 2020

Stately brick duplex located in Old SW just blocks from Downtown. The property offers one 2BR 1 BA apartment and one large 1BR/1BA apartment. Well maintained under with additional upside available through continued upgrades to unit interiors and/or installation of central HVAC. Separately metered for electric with a central gas radiator system. Beautiful hardwood floors, quiet sitting porches, & elegant brick fireplace all make this property perfect for investors & owner occupants alike. Private off alley parking & large walkup attic area give plenty of space for storage. Fully leased. Lower unit at $635. Upper at $725. Washer dryer hookups in each unit.

Last Agent to Sell the Property

Jason Fountain

VRC PROPERTIES LLC License #0225077081 Listed on: 10/31/2019

Co-Listed By

Matthew Zimmerman

WALDVOGEL COMMERCIAL PROPERTIES License #0225229039

Last Buyer's Agent

Brad Thomas

MOUNTAIN VIEW REAL ESTATE LLC License #0225188833

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,391

Year Built

  • Built in 1925

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x130

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,300 Sq Ft Home
  • City Views
  • Partial Basement

Schools

  • Wasena Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Old Southwest Subdivision

Building Details

  • 2 Leased Units
  • Operating Expense $6,927
  • Gross Income $16,320
  • Net Operating Income $9,393

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,391

Year Built

Built in 1925

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Heating System: Radiator Gas Heat
  • Type: Multi-Family
  • Has Basement: Partial Basement
  • Cooling System: Window A/C
  • Views: City
  • Major Area: 01 - City of Roanoke
  • MiscellaneousInfoPublicTransport: Yes
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 6927.00
  • Water Class: N/A
  • Water Heater Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Lot Info

  • Lot Dimensions: 50x130
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.15
  • Present Use: Converted
  • ZoningCode: RM-1

Building Info

  • Year Built: 1925

Tax Info

  • Taxes (6 mo): 1390.56

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Air Conditioning, Electricity
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Wasena
  • HighSchool: Patrick Henry
  • Middle School: James Madison
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2020 02/12/20 Sold $130,560 -6.1% $57 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $139,000 -- $60 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $2,450 $174,400 $41,300 $133,100
2024 $2,450 $165,600 $35,100 $130,500
2023 $2,336 $149,400 $27,400 $122,000
2022 $1,986 $138,700 $20,300 $118,400
2021 $1,482 $121,500 $15,800 $105,700
2020 $1,548 $113,700 $15,800 $97,900
2019 $1,391 $100,800 $11,000 $89,800
2018 $1,317 $94,800 $9,200 $85,600
2017 $1,169 $90,500 $9,200 $81,300
2016 $1,105 $85,300 $9,200 $76,100
2015 $1,042 $85,300 $9,200 $76,100
2014 $1,042 $86,700 $9,200 $77,500
Source: Public Records

Agents Affiliated with this Home

  • Jason Fountain

    Seller's Agent in 2020

    Jason Fountain

    VRC PROPERTIES LLC

    (540) 354-6456

    4 in this area

    53 Total Sales

    Jason Fountain
    Section Image
  • Matthew Zimmerman

    Seller Co-Listing Agent in 2020

    Matthew Zimmerman

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 759-1884

    8 in this area

    37 Total Sales

    Matthew Zimmerman
    Section Image
  • Brad Thomas

    Buyer's Agent in 2020

    Brad Thomas

    MOUNTAIN VIEW REAL ESTATE LLC

    (540) 915-3637

    2 in this area

    588 Total Sales

    Brad Thomas
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 864569

Roanoke Valley Association of REALTORS®

APN: 112-0415

Virginia Roanoke City County Roanoke 24016 Old Southwest

809 Ferdinand Ave SW, Roanoke, VA

Not Listed for Sale

MultiFamily

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