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523 Harrison Avenue Northwest

523 Harrison Avenue Northwest, Roanoke, VA 24016
Property in Harrison
523 Harrison Avenue Northwest 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 1920 and is 104 years old. The building has a total of 2 stories. In addition, 523 Harrison Avenue Northwest has 20,988 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 39,962 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 flat style roof. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in May 2, 2016 for $650,000. That's $30.97 per sqft. 523 Harrison Avenue Northwest was last assessed in 2023. The total value of the property was assessed at $1,525,400. Specifically, the land the property is located on was valued at $43,000. While improvements on the property were assessed at a total of $1,482,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $18,610. The initial tax year of delinquency was in 2021. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180828
08/28/2018
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 28
  • Bedroom Count: 0
  • Building Condition: Good
  • Construction Type: Wood
  • Building Style: Multifamily
  • Roof Shape Type: Flat
  • Floor Count: 2
  • Living Units: 28
  • Basement Type: Unspecified basement
  • Basement Area: 10,458
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 39,962
  • Lot Size Frontage Feet: 0
  • Total Building Area: 20,988
  • Building Area: 20,988
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 20,988
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROGERS
  • Land Acres: 0.917
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOT 18A BLK 5 R F & H

Ownership

  • Current Owner : HARRISON ELDERLY APARTMENTS LLC
  • Previous Owner : HARRISON SCHOOL LP
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Roanoke City Public Schools
  • Census Tract: 002501

Zoning

  • Zoning: RM-1

Geography

  • Parcel: 212-1763
  • Block: 5
  • Lot: 18A
  • Municipality: ROANOKE CITY
  • Latitude: 37.2794
  • Longitude: -79.9481

    Address

  • Full Address: 523 Harrison Ave Nw
  • Address - House Number: 523
  • Street Segment Direction: NW
  • Address - Street Name: Harrison
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Roanoke
  • Carrier Code: C045
  • 4-Digit Zip Code: 1740
  • Zip Code: 24016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,610
  • Intital Tax Deliquent Year: 2021

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,545,000
  • First Open Lien Mortgage Lender: COMMERCIAL MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 12, 2022
  • First Open Lien Mortgage Loan Amount: $1,545,000
  • First Open Lien Mortgage Term: 84
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2029

    Market Valuation

  • Market Total Value: $1,525,400
  • Market Land Value: $43,000
  • Market Improvement Value: $1,482,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,525,400
  • Assessed Land Value: $43,000
  • Assessed Improvements Value: $1,482,400

    Sales

  • Current Sale Contract Date: May 02, 2016
  • Current Sale Recording Date: May 18, 2016
  • Current Sale Transaction ID: 1631615931
  • Current Sale Price: $650,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 160004620

    Last Sale Mortgage

  • First Mortgage Lender: RENASANT BANK
  • First Mortgage Transaction Date: May 18, 2016
  • First Mortgage Loan Amount: $825,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

About Harrison



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 523 Harrison Avenue Northwest located in?
The 523 Harrison Avenue Northwest is a other located in the neighborhood of Harrison in Harrison, Roanoke.
What is the average sales price for listings in 523 Harrison Avenue Northwest?
The average sales price for units in 523 Harrison Avenue Northwest is $0 currently.

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