503 Rutherford Avenue Northwest

Closed 9/21/16
Closed 9/21/16
Front of House
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Sold
Last Sold Price
$61,000
6 beds

503 Rutherford Ave NW, Roanoke, VA 24016

Multi FamilyProperty Type
0.09 acresLot Size
1932Year Built

Description

Motivated sellers! This triplex in the northwest section of town is fully leased and generating income- all units have w/d hook-up, seperate gas water tanks and gas heating furnace - all appliances convey in units but not warratned - basement for storage and a potential to turn into another apartment - a must see... - please set an appointment with your broker/agent or call me to make an appointmentMotivated sellers! This triplex in the northwest section of town is fully leased and generating income- all units have w/d hook-up, seperate gas water tanks and gas heating furnace - all appliances convey in units but not warratned - basement for storage and a potential to turn into another apartment - a must see... - please set an appointment with your broker/agent or call me to make an appointment
  • Listed by: DERRICK WILLIS • WAINWRIGHT & CO., REALTORS®
Listing closed: 09/21/2016 12:00 AM • Source: Roanoke Valley Association of REALTORS, MLS#: 823094
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Location

Listing Courtesy of WAINWRIGHT & CO., REALTORS®, DERRICK WILLIS

Sold By WAINWRIGHT & CO., REALTORS®, DERRICK WILLIS

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$385 per month

30 year fixed, 7.03% Interest

Principal and Interest

$326

Property Taxes

$59

HOA Dues

$0

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Property Information for 503 Rutherford Avenue Northwest

Property Details

  • Taxes: $711 / year
  • MLS Type: MultiFamily
  • County: Roanoke Independent City
  • Subdivision Name: Gainsboro
  • Covered Spaces: 12100.0

Building Information

  • Residences: 3
  • Year Built: 1932
  • Lot Size: 0.09 AC / 3,920 SF

Summary

Location and General Information
  • Directions: FROM CVIVIC CENTER HEADING UP ORANGE AVE, TURN LEFT ON 5TH STREET, TAKE RIGHT ON RUTHERFORD, TRIPLEX ON LEFT
  • MLS Area Major: 0140 - City of Roanoke - NW
  • City: Roanoke
  • State Or Province: VA
  • Postal Code: 24016
  • County Or Parish: City of Roanoke
  • MLS Area Minor: 0140 - City of Roanoke - NW
  • General Property Description - Water Class: N/A
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 2021533
  • Tax Block: 17
  • Tax Lot: 19
  • Tax Tract Or Section: 0
  • Tax Amount: $711
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $711
  • Location Legal Taxes - Section: 0
  • Location Legal Taxes - POA YN: No
  • Location Legal Taxes - POA Condo Dues: $0
School Information
  • Elementary School: Lincoln Terrace
  • Middle Or Junior School: Lucy Addison
  • High School: Patrick Henry
Parking
  • Attached Garage: No
  • General Property Description - Parking Description: Street

Property

Lot Information
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Dimensions: 40X120
  • Lot Size Units: Acres
  • Lot Size Square Feet: 3920.4
  • General Property Description - Total Acreage: 0.09
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: MultiFamily
  • Year Built: 1932
  • Property Type Label: MultiFamily
  • General Property Description - Construction Status: Completed
Utilities
  • Sewer: True
  • Water Description - Public Water: Yes
  • Internet Access - Cable: Yes

Interior and Exterior Features

Exterior Features
  • Construction Materials: Brick
  • Amenities Common - Cable TV: Yes
Interior Features
  • Water Heater Type - Tank: Yes
  • Water Heater Energy - Natural Gas: Yes
  • Cooling: None
  • Heating: Forced Air Gas
  • Basement: Partial Basement
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Cooling: No
  • Heating: Yes
  • General Property Description - Basement: Yes
  • General Property Description - # Furnished: 0.0
  • General Property Description - # Unfurnished: 3.0

Multi Family

Multi-Family Information
  • Number Of Units Total: 3
  • General Property Description - # Leased Units: 3
Income & Expenses
  • Gross Scheduled Income: $15,600
  • Operating Expense: $3,500
  • Electric Expense: $205
  • Insurance Expense: $535
  • General Property Description - Gross Income: $15,600
  • Gross Income: $15,600
  • Net Operating Income: $12,100
  • Expenses - Water Exp: $1,260
Unit 1
  • Units Total: 1
  • Beds Total: 3
  • Furnished: 1
  • Stories: 0
  • Parking: Refrigerator
  • Rent: Range Electric
Unit 2
  • Units Total: 2
  • Beds Total: 2
  • Furnished: 1
  • Stories: 0
  • Parking: Refrigerator
  • Rent: Range Electric
Unit 3
  • Units Total: 3
  • Beds Total: 1
  • Furnished: 1
  • Stories: 0
  • Parking: Refrigerator
  • Rent: Range Electric

Rental

Rental Information
  • Lease Term: One Year
  • Misc Features - Current Lease: Yes
  • Tenant Expenses - Electricity: Yes
  • Tenant Expenses - Gas: Yes
  • Tenant Expenses - Heating: Yes

Property History for 503 Rutherford Avenue Northwest

DateEvent & SourcePriceAppreciation
Sep 21, 2016

Sold (Public Record)

Public Record #579701929

$61,000—
Sep 21, 2016

Sold

Roanoke Valley Association of REALTORS #823094

$61,000—
Aug 4, 2016

Pending

Roanoke Valley Association of REALTORS #823094

—
DateEvent & SourcePrice
09/21/2016

Sold (Public Record)

Public Record #579701929

$61,000
09/21/2016

Sold

Roanoke Valley Association of REALTORS #823094

$61,000
08/04/2016

Pending

Roanoke Valley Association of REALTORS #823094

—

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

Public records

503 Rutherford Avenue Northwest

Total Finished SqFt

2,180 SqFt

Above Grade Finished SqFt

2,180 SqFt

Stories

2

Lot Size

4,787 SqFt

Style

Multi-Family Dwelling (2-4)

Year Built

1932

Schools near 503 Rutherford Avenue Northwest

This home is within Roanoke City Public Schools.
Rating
School
Type
Grades
Distance
Lincoln Terrace Elementary School
Public - PK to 5
Addison Aerospace Magnet Middle School
Public - 6 to 8
Patrick Henry High School
Public - 9 to 12
Roanoke Catholic School
Private - PK to 12
Rating
School
Distance
Lincoln Terrace Elementary School
PublicPK to 5

Addison Aerospace Magnet Middle School
Public6 to 8

Patrick Henry High School
Public9 to 12

Roanoke Catholic School
PrivatePK to 12

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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Listing Courtesy of WAINWRIGHT & CO., REALTORS®, DERRICK WILLIS

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.