NOT LISTED FOR SALE

813 Ferdinand Ave SW Roanoke, VA 24016

Old Southwest Neighborhood
-- Bed
-- Bath
6,568 Sq Ft
6,534 Sq Ft Lot

Last Sold July 07, 2020

Last sale price $375,000 $57 Per Sq Ft

166 Days on Market

About This Home

As of July 2020

Price reduced with freshly remodeled apartment available to tour. Seller will give a $16,900 credit at closing for additional repairs with full price offer. This historic brick apartment building features eight built-as 1 BR/1 BA units. The property is located at the nexus between two of Roanoke's most popular neighborhoods - Wasena & Old Southwest with great access to the greenway, Downtown, & nearby Grandin Village. The apartments are under professional management & feature refinished hardwood floors, updated kitchens & bathrooms, added attic insulation, updated guttering, & on site coin operated laundry machines for additional income.

Last Agent to Sell the Property

Jason Fountain

VRC PROPERTIES LLC License #0225077081 Listed on: 11/18/2019

Last Buyer's Agent

Mason McLeod

LICHTENSTEIN ROWAN, REALTORS(r) License #0225206597

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,275

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 130

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,568 Sq Ft Home
  • Partial Basement

Schools

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

Utilities

  • Window Unit Cooling System
  • Radiator

Listing and Financial Details

  • Tenant pays for - see remarks
  • Legal Lot and Block 15 / 2

Community Details

Overview

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

Building Details

  • 7 Leased Units
  • Electric Expense $7,104
  • Insurance Expense $2,400
  • Maintenance Expense $6,040
  • Manager Expense $4,832
  • Other Expense $960
  • Water Sewer Expense $1,680
  • New Taxes Expense $3,275
  • Operating Expense $30,348
  • Gross Income $61,764
  • Net Operating Income $30,059

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,275

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Heating System: Radiator Gas Heat
  • Type: Multi-Family
  • Has Basement: Partial Basement
  • Cooling System: Window A/C
  • ExpensesGasExp: 4056.00
  • ExpensesManagementExp: 4832.00
  • ExpensesOtherExp: 960.00
  • ExpensesTaxExp: 3275.00
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 7.00
  • NumberUnfurnished: 8.00
  • NumberVehicleSpaces: 4.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2020-05-02
  • TotalAnnualExpen: 30348.00
  • Water Class: N/A
  • 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
  • Expenses Water Exp: 1680.00
  • Water Description: Public Water

Schools

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

Lot Info

  • Lot Dimensions: 50 x 130
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.15
  • Lot: 15
  • Present Use: Built-As
  • ZoningCode: RM-2

Building Info

  • Year Built: 1930

Tax Info

  • Taxes (6 mo): 3275.00
  • FILLTAXID: 1120414

Multi Family

  • Tenant Pays: Other - See Remarks
  • Units In Building: 8.00
  • Multi Family Type: Apartments

MLS Schools

  • Elementary School: Wasena
  • HighSchool: Patrick Henry
  • Middle School: James Madison

Range of Values:

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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 Change Sq Ft Price
07/07/2020 07/07/20 Sold $375,000 -11.8% $57 / Sq Ft
05/02/2020 05/02/20 Pending -- -- --
11/18/2019 11/18/19 For Sale $425,000 +13.9% $65 / Sq Ft
03/17/2015 03/17/15 Sold $373,287 -6.7% $57 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
11/18/2014 11/18/14 For Sale $399,900 -- $61 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jason Fountain

    Seller's Agent in 2020

    Jason Fountain

    VRC PROPERTIES LLC

    (540) 354-6456

    6 in this area

    57 Total Sales

    Jason Fountain
    Section Image

  • M

    Buyer's Agent in 2020

    Mason McLeod

    LICHTENSTEIN ROWAN, REALTORS(r)

    (540) 597-5595

    3 in this area

    10 Total Sales

    Mason McLeod
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 864945

Roanoke Valley Association of REALTORS®

APN: 112-0414

Virginia Roanoke City County Roanoke 24016 Old Southwest

813 Ferdinand Ave SW, Roanoke, VA

This home is located at 813 Ferdinand Ave SW, Roanoke, VA 24016 since 18 November 2019. This property was built in 1930. 813 Ferdinand Ave SW is a home located in Roanoke City with nearby schools including Wasena Elementary School, James Madison Middle School, and Patrick Henry 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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