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1024 1st Street Southwest

1024 1st Street Southwest, Roanoke, VA 24016
Property in Old Southwest
Sold Mar 09, 2020
$153,110
$150,336 by Movement Mortgage
Mortgage Due Apr 01, 2050
Sold Sep 04, 2019
$117,400
$99,800 by American National Bank & Trust
Mortgage
Local assessors in Roanoke, VA have categorized 1024 1st Street Southwest as a residential type of property. The home was built in 1913 and is 111 years old. The property's lot size has been calculated to be 6,578 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1024 1st Street Southwest has a total of 1,930 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable or hip style roof that was made of slate. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a steam heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1024 1st Street Southwest sold most recently in Mar 6, 2020 for a total of $153,110. If you work out the math, that's approximately a cost of $79.33 per sqft. Before that, the property was also sold for $117,400 in Aug 30, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,253 in taxes each year. 1024 1st Street Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $184,700. If we break it down further, the land itself was valued at $52,600. Improvements to the property, however, were assessed at a total of $132,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 425
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,578
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,930
  • Building Area: 1,930
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Steam
  • Heated Square Feet: 1,930
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.151
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 5 BLK 8 O S SEC SW 3

Ownership

  • Current Owner : BLETHYN TERESA POFF
  • Previous Owner : STAR CITY INVESTMENTS LLC
  • Owner Before Previous Owner: HALL KEITH A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Roanoke City Public Schools
  • Census Tract: 001200

Zoning

  • Zoning: MX

Geography

  • Parcel: 102-2405
  • Block: 8
  • Lot: 5
  • Municipality: ROANOKE CITY
  • Latitude: 37.2638
  • Longitude: -79.9422

    Address

  • Full Address: 1024 1st St Sw
  • Address - House Number: 1024
  • Street Segment Direction: SW
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: VA
  • City Name: Roanoke
  • Carrier Code: C035
  • 4-Digit Zip Code: 4402
  • Zip Code: 24016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,253

    Appraisal Valuation

  • Standard Deviation: 0.2486
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 64
  • Final Value: 236,323
  • High Value: 295,086
  • Low Value: 177,561

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,336
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 09, 2020
  • First Open Lien Mortgage Loan Amount: $150,336
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $184,700
  • Market Land Value: $52,600
  • Market Improvement Value: $132,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,700
  • Assessed Land Value: $52,600
  • Assessed Improvements Value: $132,100

    Sales

  • Current Sale Contract Date: Mar 06, 2020
  • Current Sale Recording Date: Mar 09, 2020
  • Current Sale Transaction ID: 11748358043
  • Current Sale Price: $153,110
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200002589
  • Previous Sale Recording Date: Sep 04, 2019
  • Previous Sale Contract Date: Aug 30, 2019
  • Previous Sale Amount: $117,400
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Mar 09, 2020
  • First Mortgage Loan Amount: $150,336
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN NATIONAL BANK & TRUST
  • Previous Mortgage Transaction Date: Sep 04, 2019
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $99,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Old Southwest



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Frequently Asked Questions

What neighborhood is 1024 1st Street Southwest located in?
The 1024 1st Street Southwest is a located in the neighborhood of Old Southwest in Old Southwest, Roanoke.
What is the average sales price for listings in 1024 1st Street Southwest?
The average sales price for units in 1024 1st Street Southwest is $0 currently.

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