$373,287
SOLD MAR 17, 2015

813 Ferdinand Ave SW Roanoke, VA 24016

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

Recently Sold

$57 Per Sq Ft

7% Below List Price

7 Days on Market

About This Home

As of July 2020

Part of a 13 unit, 5 property portfolio. This brick building features 8 recently renovated 1 BR/1 BA units with average rents of $650/unit. Property is located in historic Old Southwest just blocks from Downtown. Upgrades include kitchen & bathroom remodels in every unit, refinished hardwoods, attic insulation, new guttering system, Medeco locks & coin laundry. See marketing brochure for more info

Last Listed By

Jason Fountain

VRC PROPERTIES LLC License #0225077081 Listed on: 11/18/2014

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,337

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • On-Street Parking

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

Listing and Financial Details

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

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • 8 Leased Units
  • Operating Expense $21,563
  • Gross Income $62,100
  • Net Operating Income $38,632

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,337

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Heating System: Other - See Remarks
  • Type: Multi-Family
  • Has Basement: Partial Basement
  • Cooling System: Other - See Remarks
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 8.00
  • NumberUnfurnished: 8.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2014-11-25
  • TotalAnnualExpen: 21563.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Street

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Schools

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

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.15
  • Lot: 15

Building Info

  • Year Built: 1930

Tax Info

  • Taxes (6 mo): 2337.00
  • 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
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 809774

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 and is currently priced at $373,287, approximately $56 per square foot. 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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