Check Availability

407 Mountain Avenue Southwest

407 Mountain Avenue Southwest, Roanoke, VA 24016
Property in Old Southwest
Sold Sep 29, 2016
$116,000
$92,800 by Freedom First Fcu
Mortgage
Sold Nov 26, 2007
$25,000
$70,000 by Suntrust Mortgage Inc
Mortgage Due Dec 01, 2037
407 Mountain Avenue Southwest in Roanoke, VA was first built in 1900 and is 124 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 12 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 407 Mountain Avenue Southwest has 2,188 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 794 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 3,215 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 407 Mountain Avenue Southwest sold most recently in Sep 8, 2016 for a total of $116,000. If you work out the math, that's approximately a cost of $53.02 per sqft. Before that, the property was also sold for $25,000 in Nov 19, 2007. 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 $1,925 in taxes each year. 407 Mountain Avenue Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $157,800. If we break it down further, the land itself was valued at $26,200. Improvements to the property, however, were assessed at a total of $131,600. 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: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • 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: 3
  • Basement Type: Finished improved basement
  • Basement Area: 794
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,215
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,188
  • Building Area: 2,188
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,188
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.074
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: PT LOT 21 BLK 13 LEWIS

Ownership

  • Current Owner : KINSEY ARELLANO PROPERTIES LLC
  • Previous Owner : ATKINS DAVID L
  • Previous Owner 2: ATKINS REBECCA R
  • Owner Before Previous Owner: DOGAN GARY E
  • Owner Before Previous Owner 2: DOGAN BRENDA S
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: RM-1

Geography

  • Parcel: 102-0624
  • Block: 13
  • Lot: 21
  • Municipality: ROANOKE CITY
  • Latitude: 37.2662
  • Longitude: -79.9489

    Address

  • Full Address: 407 Mountain Ave Sw
  • Address - House Number: 407
  • Street Segment Direction: SW
  • Address - Street Name: Mountain
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Roanoke
  • Carrier Code: C005
  • 4-Digit Zip Code: 3983
  • Zip Code: 24016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,925

    Appraisal Valuation

  • Standard Deviation: 0.1407
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 71
  • Final Value: 151,616
  • High Value: 172,950
  • Low Value: 130,281

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $92,800
  • First Open Lien Mortgage Lender: FREEDOM FIRST FCU
  • First Open Lien Mortgage Recording Date: Sep 29, 2016
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $92,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $157,800
  • Market Land Value: $26,200
  • Market Improvement Value: $131,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,800
  • Assessed Land Value: $26,200
  • Assessed Improvements Value: $131,600

    Sales

  • Current Sale Contract Date: Sep 08, 2016
  • Current Sale Recording Date: Sep 29, 2016
  • Current Sale Transaction ID: 1795521811
  • Current Sale Price: $116,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 160009659
  • Previous Sale Recording Date: Nov 26, 2007
  • Previous Sale Contract Date: Nov 19, 2007
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM FIRST FCU
  • First Mortgage Transaction Date: Sep 29, 2016
  • First Mortgage Loan Amount: $92,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Nov 26, 2007
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $70,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2037

About Old Southwest



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 601 Orange Ave Ne, Roanoke, VA, 24016

$1,511 /mo

  • 1 Bed
  • 1 Bath
  • 540 ft²
601 Orange Ave Ne #316, Roanoke, VA, 24016 Listing by ALICIA ICE
Unit for rent at 324 Salem Ave Sw, Roanoke, VA, 24016

$1,250 /mo

  • 1 Bed
  • 1 Bath
  • 990 ft²
324 Salem Ave Sw #105, Roanoke, VA, 24016 Listing by TIFFANY STEELE
Unit for rent at 17 Church Ave Sw, Roanoke, VA, 24011

$1,300 /mo

  • 1 Bed
  • 1.5 Baths
  • 1,065 ft²
17 Church Ave Sw #302, Roanoke, VA, 24011 Listing by TIFFANY STEELE
Unit for rent at 434 Allison Ave Sw, Roanoke, VA, 24016

$1,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,430 ft²
434 Allison Ave Sw #APTA, Roanoke, VA, 24016 Listing by BRITTNEY SHERRY
Unit for rent at 602 Allison Ave Sw, Roanoke, VA, 24016

$1,250 /mo

  • 1 Bed
  • 1 Bath
  • 1,200 ft²
602 Allison Ave Sw #APT1, Roanoke, VA, 24016 Listing by BRITTNEY SHERRY
Unit for rent at 3214 Forest Hill Ave Nw, Roanoke, VA, 24012

$1,025 /mo

  • 2 Beds
  • 1 Bath
  • 915 ft²
3214 Forest Hill Ave Nw #APTA, Roanoke, VA, 24012 Listing by MARIE GREENE
Unit for rent at 302 Mountain Ave Sw, Roanoke, VA, 24016

$1,045 /mo

  • 1 Bed
  • 1 Bath
  • 785 ft²
302 Mountain Ave Sw #D, Roanoke, VA, 24016 Listing by TIFFANY STEELE

Frequently Asked Questions

What neighborhood is 407 Mountain Avenue Southwest located in?
The 407 Mountain Avenue Southwest is a located in the neighborhood of Old Southwest in Old Southwest, Roanoke.
What is the average sales price for listings in 407 Mountain Avenue Southwest?
The average sales price for units in 407 Mountain Avenue Southwest is $0 currently.

Nearby Counties
Quantcast