Last Sold Price
1548 Terrace Rd SW, Unit 1550, Roanoke, VA 24015

Description

Built in 1993, this brick townhouse style duplex is situated on a quiet, walkable street in Raleigh Court. Each unit features two spacious BR and a full BA upstairs with a large eat in kitchen, dishwasher, washer/dryer, & a half bath off of the living room. Other amenities include private decks accessed from the kitchen and generous walk out basements. Great location, lots of storage, and modern amenities make this a turnkey property for owner occupants and investors alike. Offered in conjunction...Built in 1993, this brick townhouse style duplex is situated on a quiet, walkable street in Raleigh Court. Each unit features two spacious BR and a full BA upstairs with a large eat in kitchen, dishwasher, washer/dryer, & a half bath off of the living room. Other amenities include private decks accessed from the kitchen and generous walk out basements. Great location, lots of storage, and modern amenities make this a turnkey property for owner occupants and investors alike. Offered in conjunction with duplex located at 1538 Terrace Road (MLS 865753) . Can be purchased separately or together.
LISTING CLOSED: 02/11/2020 12:00 AM

  1. Listed by MATTHEW ZIMMERMAN • WALDVOGEL COMMERCIAL PROPERTIES
  2. Listed by S CLAY TAYLOR • WALDVOGEL COMMERCIAL PROPERTIES

Property Details for 1548 Terrace Road Southwest, Unit 1550

Status
MLS #
865756
Days on Market
4
Taxes
$2,698 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
MultiFamily
Year Built
1993
Lot Size
0.17 AC / 7,405 SF
Subdivision Name
N/A
Covered Spaces
13423.0

Location

Listing Courtesy of WALDVOGEL COMMERCIAL PROPERTIES, MATTHEW ZIMMERMAN; WALDVOGEL COMMERCIAL PROPERTIES, S CLAY TAYLOR

Sold By WAINWRIGHT & CO., REALTORS®, WALTER GREWE

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Building Information for 1548 Terrace Road Southwest, Unit 1550

Stories-Residences2Year Built1993Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$1,419 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,194

Property Taxes

$225

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1548 Terrace Road Southwest, Unit 1550

Summary
Location and General Information
  • Directions: From Brandon Ave heading towards Grandin Ave take a right onto Mt Vernon and an immediate right onto Terrace. Property is on the right.
  • MLS Area Major: 0130 - City of Roanoke - SW
  • City: Roanoke
  • State Or Province: VA
  • Postal Code: 24015
  • County Or Parish: City of Roanoke
  • MLS Area Minor: 0130 - City of Roanoke - SW
  • General Property Description - Water Class: N/A
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 1341003
  • Tax Block: 30
  • Tax Lot: 18
  • Tax Tract Or Section: 1
  • Tax Amount: $2,698
  • Location Legal Taxes - Phase: $1
  • Location Legal Taxes - Annual Taxes: $2,698
  • Location Legal Taxes - Section: 1
  • Location Legal Taxes - POA YN: No
School Information
  • Elementary School: Wasena
  • Middle Or Junior School: James Madison
  • High School: Patrick Henry
Parking
  • Attached Garage: No
  • General Property Description - Parking Description: Street
Property
Lot Information
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Dimensions: 149x50
  • Lot Size Units: Acres
  • Lot Size Square Feet: 7405.2
  • General Property Description - Total Acreage: 0.17
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: MultiFamily
  • Year Built: 1993
  • Property Type Label: MultiFamily
  • General Property Description - Construction Status: Completed
Utilities
  • Sewer: True
  • Water Description - Public Water: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
Interior Features
  • Cooling: Central Air
  • Heating: Heat Pump
  • Basement: Walkout - Partial
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Cooling: Yes
  • Heating: Yes
  • General Property Description - Basement: Yes
  • General Property Description - # Furnished: 0.0
  • General Property Description - # Unfurnished: 2.0
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • General Property Description - # Leased Units: 2
Income & Expenses
  • Gross Scheduled Income: $21,960
  • Operating Expense: $8,537
  • General Property Description - Gross Income: $21,960
  • Gross Income: $21,960
  • Net Operating Income: $13,423
Unit 1
  • Unit Number: Type 1
  • Units Total: 2
  • Beds Total: 2
  • Furnished: 1
  • Stories: 1
  • SqFt: 1078
  • Parking: Range Electric
  • Rent: Refrigerator
  • Bathroom: Dishwasher
  • Remarks: Clothes Washer
Rental
Rental Information
  • Tenant Expenses - Electricity: Yes
  • Tenant Expenses - Heating: Yes

Property History for 1548 Terrace Road Southwest, Unit 1550

DateEvent & SourcePriceAppreciation
Feb 11, 2020

Sold

Roanoke Valley Association of REALTORS #865756

$235,000
Jan 10, 2020

Pending

Roanoke Valley Association of REALTORS #865756

Jan 6, 2020

Listed (Active)

Roanoke Valley Association of REALTORS #865756

$237,500
DateEvent & SourcePrice
02/11/2020

Sold

Roanoke Valley Association of REALTORS #865756

$235,000
01/10/2020

Pending

Roanoke Valley Association of REALTORS #865756

01/06/2020

Listed (Active)

Roanoke Valley Association of REALTORS #865756

$237,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1548 Terrace Road Southwest, Unit 1550

This home is within Roanoke City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - 1 to 7
Rating
School
Distance
Wasena Elementary School
PublicPK to 5

James Madison Middle School
Public6 to 8

Patrick Henry High School
Public9 to 12

Roanoke Adventist Preparatory School
Private1 to 7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of WALDVOGEL COMMERCIAL PROPERTIES, MATTHEW ZIMMERMAN; WALDVOGEL COMMERCIAL PROPERTIES, S CLAY TAYLOR

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.