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1620 Wallace Avenue Northeast

1620 Wallace Avenue Northeast, Roanoke, VA 24012
Property in Wildwood
Sold Nov 23, 2021
$157,000
$154,156 by Movement Mortgage
Mortgage Due Dec 01, 2051
Local assessors in Roanoke, VA have categorized 1620 Wallace Avenue Northeast as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 5,009 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1620 Wallace Avenue Northeast has a total of 1,122 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 composition shingle. Lots of alum/vinyl siding 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 heat pump is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1620 Wallace Avenue Northeast was last sold in Nov 16, 2021 for $157,000. According to our calculations, that's $139.93 per sqft. Current property owners are expected to pay $2,047 in taxes per year. The property on 1620 Wallace Avenue Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $167,800. To break that down further, the land itself was valued at $17,300. While improvements to the property were assessed at a total of $150,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Good
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 110
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,009
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,122
  • Building Area: 1,122
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,122
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JACKSON PARK HOME CORPORATION
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 16 BLK 14 JACKSON PARK

Ownership

  • Current Owner : WRIGHT RITA
  • Previous Owner : JOHNSON MAE D
  • Previous Owner 2: CLAYTON MAE D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Roanoke City Public Schools
  • Census Tract: 000602

Zoning

  • Zoning: RM-1

Geography

  • Parcel: 322-1715
  • Block: 14
  • Lot: 16
  • Municipality: ROANOKE CITY
  • Latitude: 37.2859
  • Longitude: -79.9139

    Address

  • Full Address: 1620 Wallace Ave Ne
  • Address - House Number: 1620
  • Street Segment Direction: NE
  • Address - Street Name: Wallace
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Roanoke
  • Carrier Code: C006
  • 4-Digit Zip Code: 6106
  • Zip Code: 24012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,047

    Appraisal Valuation

  • Standard Deviation: 0.2674
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 61
  • Final Value: 191,523
  • High Value: 242,750
  • Low Value: 140,297

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $154,156
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 23, 2021
  • First Open Lien Mortgage Loan Amount: $154,156
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $167,800
  • Market Land Value: $17,300
  • Market Improvement Value: $150,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,800
  • Assessed Land Value: $17,300
  • Assessed Improvements Value: $150,500

    Sales

  • Current Sale Contract Date: Nov 16, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Transaction ID: 11869890945
  • Current Sale Price: $157,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 210015674

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Nov 23, 2021
  • First Mortgage Loan Amount: $154,156
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2051

About Hollins-Wildwood



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Frequently Asked Questions

What neighborhood is 1620 Wallace Avenue Northeast located in?
The 1620 Wallace Avenue Northeast is a located in the neighborhood of Wildwood in Hollins-Wildwood, Roanoke.
What is the average sales price for listings in 1620 Wallace Avenue Northeast?
The average sales price for units in 1620 Wallace Avenue Northeast is $0 currently.

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