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1725 Eastern Avenue Northeast

1725 Eastern Avenue Northeast, Roanoke, VA 24012
Property in Wildwood
Sold Jan 02, 2019
$915,000
$780,000 by Leon T Mcghee Etal
Mortgage Due Jan 02, 2029
1725 Eastern Avenue Northeast 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 1988 and is 36 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1725 Eastern Avenue Northeast has 1,782 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,365 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 1725 Eastern Avenue Northeast sold most recently in Jan 2, 2019 for a total of $915,000. If you work out the math, that's approximately a cost of $513.47 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 $1,559 in taxes each year. 1725 Eastern Avenue Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $127,800. If we break it down further, the land itself was valued at $17,300. Improvements to the property, however, were assessed at a total of $110,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1988
  • Effective Year Built: 1988
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Good
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,365
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,782
  • Building Area: 1,782
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,782
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.215
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: NEW LOT 44 BLK 10 LILLYVIEW

Ownership

  • Current Owner : TRAN TAM
  • Previous Owner : MCGHEE LEON T
  • Previous Owner 2: MCGHEE GINGER M

Neighborhood

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

Zoning

  • Zoning: RM-1

Geography

  • Parcel: 322-2266
  • Block: 10
  • Lot: 44
  • Municipality: ROANOKE CITY
  • Latitude: 37.2859
  • Longitude: -79.9115

    Address

  • Full Address: 1725 Eastern Ave Ne
  • Address - House Number: 1725
  • Street Segment Direction: NE
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Roanoke
  • Carrier Code: C006
  • 4-Digit Zip Code: 6122
  • Zip Code: 24012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,559

    Appraisal Valuation

  • Standard Deviation: 0.1407
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 71
  • Final Value: 162,161
  • High Value: 184,979
  • Low Value: 139,342

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $780,000
  • First Open Lien Mortgage Lender: LEON T MCGHEE ETAL
  • First Open Lien Mortgage Recording Date: Jan 02, 2019
  • First Open Lien Mortgage Loan Amount: $780,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Jan 02, 2029
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $127,800
  • Market Land Value: $17,300
  • Market Improvement Value: $110,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,800
  • Assessed Land Value: $17,300
  • Assessed Improvements Value: $110,500

    Sales

  • Current Sale Contract Date: Jan 02, 2019
  • Current Sale Recording Date: Jan 02, 2019
  • Current Sale Transaction ID: 11558975444
  • Current Sale Price: $915,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 19000029

    Last Sale Mortgage

  • First Mortgage Lender: LEON T MCGHEE ETAL
  • First Mortgage Transaction Date: Jan 02, 2019
  • First Mortgage Loan Amount: $780,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Jan 02, 2029

About Hollins-Wildwood



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Frequently Asked Questions

What neighborhood is 1725 Eastern Avenue Northeast located in?
The 1725 Eastern Avenue Northeast is a located in the neighborhood of Wildwood in Hollins-Wildwood, Roanoke.
What is the average sales price for listings in 1725 Eastern Avenue Northeast?
The average sales price for units in 1725 Eastern Avenue Northeast is $0 currently.

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