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1540 Read Mountain Road

1540 Read Mountain Road, Roanoke, VA 24019
Property in Roanoke
Sold Apr 19, 2021
$130,000
$130,000 by Mortgage Research Center Llc
Mortgage Due May 01, 2051
1540 Read Mountain Road has been categorized by the local assessors in Roanoke, VA as a residential type of property. The building on the property was first built in 1979 and is 45 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1540 Read Mountain Road has 1,452 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 852 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 65,340 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Love to swim? You'll be excited to find out that there is a pool on the property. The building has a cathedral style roof made of asphalt. The exterior walls of the building are made of wood. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Mar 25, 2021 for $130,000. That's $89.53 per sqft. 1540 Read Mountain Road was last assessed in 2023. The total value of the property was assessed at $195,100. Specifically, the land the property is located on was valued at $40,100. While improvements on the property were assessed at a total of $155,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,068. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 852
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 1,452
  • Gross Building Area: 2,839
  • Building Area: 1,452
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,452
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: READ MOUNTAIN ROAD
  • Land Acres: 1.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TINKER CREEK

Ownership

  • Current Owner : WILSON JOSHUA
  • Current Owner 2: WILSON GENESIS JONES
  • Previous Owner : JONES THOMAS W
  • Previous Owner 2: JONES KIMBERLY B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Roanoke County Public Schools
  • Census Tract: 031202

Zoning

  • Zoning: R1

Geography

  • Account Number: 000013698
  • Parcel: 039.03-01-08
  • Municipality: HOLLINS
  • Latitude: 37.3211
  • Longitude: -79.9172

    Address

  • Full Address: 1540 Read Mountain Rd
  • Address - House Number: 1540
  • Address - Street Name: Read Mountain
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Roanoke
  • Carrier Code: C019
  • 4-Digit Zip Code: 5852
  • Zip Code: 24019

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,068

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 78
  • Final Value: 266,530
  • High Value: 312,139
  • Low Value: 220,921

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Apr 19, 2021
  • First Open Lien Mortgage Loan Amount: $130,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $195,100
  • Market Land Value: $40,100
  • Market Improvement Value: $155,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,100
  • Assessed Land Value: $40,100
  • Assessed Improvements Value: $155,000

    Sales

  • Current Sale Contract Date: Mar 25, 2021
  • Current Sale Recording Date: Apr 19, 2021
  • Current Sale Transaction ID: 11831605071
  • Current Sale Price: $130,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202105397

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Apr 19, 2021
  • First Mortgage Loan Amount: $130,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2051

About Roanoke



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Frequently Asked Questions

What neighborhood is 1540 Read Mountain Road located in?
The 1540 Read Mountain Road is a located in the neighborhood of Roanoke in Roanoke, Roanoke.
What is the average sales price for listings in 1540 Read Mountain Road?
The average sales price for units in 1540 Read Mountain Road is $0 currently.

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