NOT LISTED FOR SALE
4 Beds
1 Bath
2,300 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: February 12, 2020

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

20 Days on Market

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, CCIM

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

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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

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
Oct 21, 2022
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
$149,600
Outstanding Balance
$124,505
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2022
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
$149,600
Outstanding Balance
$124,505
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2019
Closed on
Jan 15, 2020
Sold by
Bought by
Seller's Agent
Jason Fountain, CCIM
VRC PROPERTIES LLC
Buyer's Agent
Brad Thomas
MOUNTAIN VIEW REAL ESTATE LLC
List Price
$139,000
Sold Price
$130,560
Premium/Discount to List
-$8,440
-6.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,976
Interest Rate
3.72%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Fidelity National Title
$378 --
$130,560 Priority Title & Setmnt Llc
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 $149,600
Previous Owner $108,750
Previous Owner $110,976
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
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

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 $2,128 $174,400 $41,300 $133,100
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

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 864569

Roanoke Valley Association of REALTORS®

APN: 112-0415

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