J
Seller's Agent in 2023
Jennifer Porter
EMBOLDEN REALTY GROUP
(540) 397-5259
1 in this area
127 Total Sales
507 16th St NW Roanoke, VA 24017
Loudon-Melrose NeighborhoodEstimated Value: $138,000 - $215,000
3
Beds
2
Baths
1,218
Sq Ft
$146/Sq Ft
Est. Value
Highlights
- No HOA
- Fenced Yard
- 3-minute walk to Melrose Park
- Covered patio or porch
- Zoned Heating and Cooling
About This Home
As of August 2023This completely renovated 3-bedroom, 2-bathroom property is perfect for first-time homebuyers looking for a turn-key dream home. No detail has been overlooked in this extensive renovation, and the house's character is accentuated by modern finishes and upgraded features throughout. Step inside to find a fully renovated kitchen that any home chef will adore. The space is complete with granite countertops and new SS appliances, providing a beautiful and functional workspace. Upstairs, the two oversized bedrooms offer soaring ceilings and spacious closets. The bathrooms boast upgraded features, including a step-in shower in the luxurious primary en-suite. Entry-level third bedroom could alternatively serve as a spacious office or bonus room. With the brand new zoned HVAC system,
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $978
Year Built
- Built in 1925
Lot Details
- Lot Dimensions are 65x102
- Fenced Yard
Parking
- Off-Street Parking
Interior Spaces
- 1,218 Sq Ft Home
- 1.5-Story Property
- Partial Basement
- Laundry on main level
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
Outdoor Features
- Covered patio or porch
Schools
- Roanoke Academy Of Math And Science Elementary School
- Lucy Addison Middle School
- Patrick Henry High School
Utilities
- Zoned Heating and Cooling
- Heat Pump System
Community Details
- No Home Owners Association
- Melrose Subdivision
Listing and Financial Details
- Legal Lot and Block N PT 9-10 / 40
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 21, 2023
Closed on
Jul 31, 2023
Sold by
Rental Group Llc
Bought by
Vasquez Arellano Gustavo Vasquez and Arellano Rojo Teresa
Seller's Agent
Jennifer Porter
EMBOLDEN REALTY GROUP
Buyer's Agent
Veronica Faz
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
List Price
$198,900
Sold Price
$185,000
Premium/Discount to List
-$13,900
-6.99%
Total Days on Market
8
Views
172
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,518
Avg. Annual Appreciation
1.20%
Original Mortgage
$12,500
Outstanding Balance
$12,299
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$176,551
Purchase Details
Listed on
Dec 27, 2021
Closed on
Apr 13, 2022
Sold by
James Bandy Iii
Bought by
Rental Group Llc
Seller's Agent
Thurston Ford, I I
REALSTAR, REALTORS(r) LLC
Buyer's Agent
Eric Gilliard
KELLER WILLIAMS REALTY ROANOKE
List Price
$44,950
Sold Price
$42,500
Premium/Discount to List
-$2,450
-5.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
210.01%
Purchase Details
Closed on
Jun 7, 2021
Sold by
Zaga Guido V
Bought by
Bandy James
Purchase Details
Listed on
Feb 16, 2012
Closed on
Nov 15, 2012
Sold by
Wells Fargo Bank Na
Bought by
Zaga Guido
Seller's Agent
Dwayne Epperly
KELLER WILLIAMS REALTY ROANOKE
Buyer's Agent
Thurston Ford, I I
REALSTAR, REALTORS(r) LLC
List Price
$7,000
Sold Price
$8,033
Premium/Discount to List
$1,033
14.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.05%
Purchase Details
Closed on
Aug 13, 2010
Sold by
Jackson Sandra
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Jan 12, 2007
Sold by
Wither Sandra
Bought by
Jackson Sandra and Witcher Sandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.48%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vasquez Arellano Gustavo Vasquez | $185,000 | Fidelity National Title | |
| Rental Group Llc | $42,500 | Fidelity National Title | |
| Bandy James | $10,000 | Fidelity National Ttl Ins Co | |
| Zaga Guido | $8,033 | Fidelity National Title Of N | |
| Wells Fargo Bank Na | $52,000 | None Available | |
| Wells Fargo Bank Na | $22,121 | None Available | |
| Jackson Sandra | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vasquez Arellano Gustavo Vasquez | $12,500 | |
| Open | Vasquez Arellano Gustavo Vasquez | $181,649 | |
| Previous Owner | Rental Group Llc | $137,600 | |
| Previous Owner | Jackson Sandra | $52,500 | |
| Closed | Jackson Sandra | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/03/2023 08/03/23 | Sold | $185,000 | -7.0% | $152 / Sq Ft |
| 06/29/2023 06/29/23 | Pending | -- | -- | -- |
| 06/21/2023 06/21/23 | For Sale | $198,900 | +368.0% | $163 / Sq Ft |
| 04/14/2022 04/14/22 | Sold | $42,500 | -5.5% | $35 / Sq Ft |
| 04/01/2022 04/01/22 | Pending | -- | -- | -- |
| 12/27/2021 12/27/21 | For Sale | $44,950 | +459.6% | $37 / Sq Ft |
| 12/13/2012 12/13/12 | Sold | $8,033 | +14.8% | $7 / Sq Ft |
| 11/12/2012 11/12/12 | Pending | -- | -- | -- |
| 02/16/2012 02/16/12 | For Sale | $7,000 | -- | $6 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,352 | $97,900 | $10,800 | $87,100 |
| 2023 | $1,352 | $80,100 | $7,500 | $72,600 |
| 2022 | $228 | $6,600 | $5,200 | $1,400 |
| 2021 | $81 | $6,600 | $5,200 | $1,400 |
| 2020 | $193 | $5,300 | $5,200 | $100 |
| 2019 | $193 | $9,500 | $5,200 | $4,300 |
| 2018 | $250 | $10,000 | $5,200 | $4,800 |
| 2017 | $154 | $10,000 | $5,200 | $4,800 |
| 2016 | $154 | $10,000 | $5,200 | $4,800 |
| 2015 | $121 | $10,000 | $5,200 | $4,800 |
| 2014 | $121 | $10,000 | $5,200 | $4,800 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Porter
-
Veronica Faz
V
Buyer's Agent in 2023
Veronica Faz
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
(540) 556-5291
1 in this area
105 Total Sales
-
Thurston Ford, I I
T
Seller's Agent in 2022
Thurston Ford, I I
REALSTAR, REALTORS(r) LLC
(540) 776-0606
3 in this area
44 Total Sales
-
Eric Gilliard
E
Buyer's Agent in 2022
Eric Gilliard
KELLER WILLIAMS REALTY ROANOKE
(540) 793-5727
1 in this area
89 Total Sales
-
Dwayne Epperly
D
Seller's Agent in 2012
Dwayne Epperly
KELLER WILLIAMS REALTY ROANOKE
(540) 314-0210
2 in this area
89 Total Sales
Map
Similar Homes in Roanoke, VA
Source: Roanoke Valley Association of REALTORS®
MLS Number: 899260
APN: 222-2409
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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