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526 Mountain Avenue Southwest

526 Mountain Avenue Southwest, Roanoke, VA 24016
Multifamily in Old Southwest
526 Mountain Avenue Southwest 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 1900 and is 124 years old. The home has a total of 11 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 526 Mountain Avenue Southwest has 3,074 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 6,482 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 metal. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing electric heaters and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 526 Mountain Avenue Southwest was last sold in Aug 18, 2021 for $268,000. According to our calculations, that's $87.18 per sqft. Prior to that sales transaction, the property was sold for $315,000 in Jan 15, 2020. Current property owners are expected to pay $1,780 in taxes per year. The property on 526 Mountain Avenue Southwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $247,100. To break that down further, the land itself was valued at $32,800. While improvements to the property were assessed at a total of $214,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Wood Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210528
05/28/2021
Studio
-
-
$279,950
bedrooms
Studio
bathrooms
-
$268,000 -4.27%
08/27/2021
DEREK HICKS
WALDVOGEL COMMERCIAL PROPERTIES

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 2
  • Total Rooms: 11
  • 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: Wood siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,482
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,074
  • Building Area: 3,074
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Electric
  • Heated Square Feet: 3,074
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEWIS ADDITION
  • Land Acres: 0.149
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOT 7 BLK 15 LEWIS

Ownership

  • Current Owner : OSBORNE KATHLEEN
  • Previous Owner : JE CAPITAL LLC
  • Owner Before Previous Owner: CONE JOHN ROLF
  • Owner Before Previous Owner 2: ESTATE OF JOHN PAINE CONR JR

Neighborhood

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

Zoning

  • Zoning: RM-1

Geography

  • Parcel: 112-1109
  • Block: 15
  • Lot: 7
  • Municipality: ROANOKE CITY
  • Latitude: 37.2661
  • Longitude: -79.9519

    Address

  • Full Address: 526 Mountain Ave Sw
  • Address - House Number: 526
  • Street Segment Direction: SW
  • Address - Street Name: Mountain
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Roanoke
  • Carrier Code: C015
  • 4-Digit Zip Code: 3936
  • Zip Code: 24016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,780

    Appraisal Valuation

  • Standard Deviation: 0.4686
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 6
  • Final Value: 280,531
  • High Value: 411,997
  • Low Value: 149,064

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $313,610
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 27, 2021
  • First Open Lien Mortgage Loan Amount: $263,145
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051
  • Second Open Lien Mortgage Lender: SKYLINE NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Sep 16, 2022
  • Second Open Lien Mortgage Loan Amount: $50,465
  • Second Open Lien Mortgage Term: 191
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Loan Due Date: Sep 26, 2038

    Market Valuation

  • Market Total Value: $247,100
  • Market Land Value: $32,800
  • Market Improvement Value: $214,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,100
  • Assessed Land Value: $32,800
  • Assessed Improvements Value: $214,300

    Sales

  • Current Sale Contract Date: Aug 18, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Transaction ID: 11853746639
  • Current Sale Price: $268,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 210011188
  • Previous Sale Recording Date: Jan 16, 2020
  • Previous Sale Contract Date: Jan 15, 2020
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: Aug 27, 2021
  • First Mortgage Loan Amount: $263,145
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF BOTETOURT
  • Previous Mortgage Transaction Date: Jan 16, 2020
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $343,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Old Southwest



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Frequently Asked Questions

What neighborhood is 526 Mountain Avenue Southwest located in?
The 526 Mountain Avenue Southwest is a multifamily located in the neighborhood of Old Southwest in Old Southwest, Roanoke.
What is the average sales price for listings in 526 Mountain Avenue Southwest?
The average sales price for units in 526 Mountain Avenue Southwest is $279,950 currently.

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