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1621 Riverside Terrace Southeast

1621 Riverside Terrace Southeast, Roanoke, VA 24014
Property in Riverdale
Sold Apr 27, 2020
$65,000
$52,000 by Atlantic Union Bank
Mortgage Due May 01, 2050
Local assessors in Roanoke, VA have categorized 1621 Riverside Terrace Southeast as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 6,521 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 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 is also a partial bathroom. 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 1621 Riverside Terrace Southeast has a total of 810 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 wood 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 gravity heating system is the primary heating source. 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, 1621 Riverside Terrace Southeast sold most recently in Apr 22, 2020 for a total of $65,000. If you work out the math, that's approximately a cost of $80.25 per sqft. 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 $982 in taxes each year. 1621 Riverside Terrace Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $80,500. If we break it down further, the land itself was valued at $19,800. Improvements to the property, however, were assessed at a total of $60,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,521
  • Lot Size Frontage Feet: 0
  • Total Building Area: 810
  • Building Area: 810
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Gravity
  • Heated Square Feet: 810
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERSIDE TERRACE
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 12 BLK 1 RIVERSIDE TERRACE

Ownership

  • Current Owner : WILSON WALTER
  • Previous Owner : CROUCH SETH A
  • Previous Owner 2: CROUCH JESSE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Roanoke City Public Schools
  • Census Tract: 002800

Zoning

  • Zoning: RM-1

Geography

  • Parcel: 435-0512
  • Block: 1
  • Lot: 12
  • Municipality: ROANOKE CITY
  • Latitude: 37.2539
  • Longitude: -79.9127

    Address

  • Full Address: 1621 Riverside Ter Se
  • Address - House Number: 1621
  • Street Segment Direction: SE
  • Address - Street Name: Riverside
  • Address - Suffix Type: Ter
  • State: VA
  • City Name: Roanoke
  • Carrier Code: C011
  • 4-Digit Zip Code: 3735
  • Zip Code: 24014

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $982

    Appraisal Valuation

  • Standard Deviation: 0.2651
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 62
  • Final Value: 108,474
  • High Value: 137,233
  • Low Value: 79,714

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $52,000
  • First Open Lien Mortgage Lender: ATLANTIC UNION BANK
  • First Open Lien Mortgage Recording Date: Apr 27, 2020
  • First Open Lien Mortgage Loan Amount: $52,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $80,500
  • Market Land Value: $19,800
  • Market Improvement Value: $60,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,500
  • Assessed Land Value: $19,800
  • Assessed Improvements Value: $60,700

    Sales

  • Current Sale Contract Date: Apr 22, 2020
  • Current Sale Recording Date: Apr 27, 2020
  • Current Sale Transaction ID: 11760063155
  • Current Sale Price: $65,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200004254

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC UNION BANK
  • First Mortgage Transaction Date: Apr 27, 2020
  • First Mortgage Loan Amount: $52,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

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Frequently Asked Questions

What neighborhood is 1621 Riverside Terrace Southeast located in?
The 1621 Riverside Terrace Southeast is a located in the neighborhood of Riverdale in Riverdale, Roanoke.
What is the average sales price for listings in 1621 Riverside Terrace Southeast?
The average sales price for units in 1621 Riverside Terrace Southeast is $0 currently.

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