NOT LISTED FOR SALE

925 Cottage Ave Unit 927 Vinton, VA 24179

Estimated Value: $222,000 - $294,364

4 Beds
2 Baths
1,696 Sq Ft
$151/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $160,000 $94 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,510/month

Highlights

  • No HOA
  • William Byrd High School Rated A-
  • Forced Air Heating System

About This Home

As of June 2021

This home is located at 925 Cottage Ave Unit 927, Vinton, VA 24179 since 23 February 2021 and is currently estimated at $256,841, approximately $151 per square foot. This property was built in 1976. 925 Cottage Ave Unit 927 is a home located in Roanoke County with nearby schools including Herman L. Horn Elementary School, William Byrd Middle School, and William Byrd High School.

Last Agent to Sell the Property

Neal Wall

JMAX PROPERTY MANAGEMENT LLC License #0225132557 Listed on: 02/23/2021

Last Buyer's Agent

Brad Thomas

MOUNTAIN VIEW REAL ESTATE LLC License #0225188833

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,860

Year Built

  • Built in 1976

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 58.26 x 120.1 x 53.34 x 120

Home Design

  • 1,696 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Herman L. Horn Elementary School
  • William Byrd Middle School
  • William Byrd High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, insurance
  • Tax Lot MAJ Pt LT 18

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Insurance Expense $600
  • Other Expense $480
  • New Taxes Expense $1,860
  • Operating Expense $2,940
  • Gross Income $18,420
  • Net Operating Income $15,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,860

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Heating System: Forced Air Electric, Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Walkout - Full
  • Cooling System: Heat Pump Electric
  • ExpensesOtherExp: 480.00
  • ExpensesTaxExp: 1860.00
  • Major Area: 02 - Roanoke County
  • NumberLeasedUnits: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2021-02-23
  • SubdivisionMap: Pedigo Addition
  • TotalAnnualExpen: 2940.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: No
  • 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

Schools

  • Elementary School: Herman L. Horn
  • Middle School: William Byrd
  • High School: William Byrd

Lot Info

  • Lot Dimensions: 58.26 x 120.1 x 53.34 x 120
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.16
  • Lot: MAJ Pt LT 18
  • Present Use: Built-As
  • Phase: 1

Building Info

  • Year Built: 1976

Tax Info

  • Taxes (6 mo): 1860.00
  • FILLTAXID: 060.20-07-09.00-0000

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Cable TV, Electricity, Insurance
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Herman L. Horn
  • HighSchool: William Byrd
  • Middle School: William Byrd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Jun 16, 2021
Sold by
Ige Properties Llc
Bought by
Thomas Bradley V and Thomas Ashley W
Seller's Agent
Neal Wall
JMAX PROPERTY MANAGEMENT LLC
Buyer's Agent
Brad Thomas
MOUNTAIN VIEW REAL ESTATE LLC
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Current Estimated Value
$256,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,841
Avg. Annual Appreciation
11.47%
Original Mortgage
$120,000
Outstanding Balance
$91,111
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$165,730

Purchase Details

Closed on
Feb 24, 2017
Sold by
Mcghee Leon T
Bought by
I&E Properties Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Thomas Bradley V $160,000 Priority Title & Setmnt Llc
I&E Properties Llc $125,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Bradley V $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2021 06/17/21 Sold $160,000 -8.6% $94 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $175,000 -- $103 / 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
2025 $1,821 $176,800 $40,000 $136,800
2024 $1,686 $162,100 $32,000 $130,100
2023 $1,639 $154,600 $32,000 $122,600
2022 $1,499 $137,500 $32,000 $105,500
2021 $1,418 $130,100 $28,000 $102,100
2020 $1,401 $128,500 $28,000 $100,500
2019 $1,376 $126,200 $28,000 $98,200
2018 $1,359 $125,900 $28,000 $97,900
2017 $1,359 $124,700 $28,000 $96,700
2016 $1,394 $127,900 $28,000 $99,900
2015 $1,472 $135,000 $28,000 $107,000
2014 $1,442 $132,300 $28,000 $104,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 877227

Roanoke Valley Association of REALTORS®

APN: 060.20-07-09