503 Liberty Road Northeast

503 Liberty Road 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 1930 and is 94 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as 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, 503 Liberty Road Northeast has 2,162 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 795 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 11,230 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. 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 brick veneer. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a steam heating system. There is a single fireplace in the home. Perfect for those wintery 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, 503 Liberty Road Northeast sold most recently in Feb 5, 2020 for a total of $98,000. If you work out the math, that's approximately a cost of $45.33 per sqft. Before that, the property was also sold for $82,696 in May 21, 2019. 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 $1,584 in taxes each year. 503 Liberty Road Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $129,800. If we break it down further, the land itself was valued at $21,900. Improvements to the property, however, were assessed at a total of $107,900. 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.