Sold for $130,000

$130,000

1113 Penmar Ave SE, Roanoke, VA 24013

--beds

--baths

1,666sqft

Multi Family

Built in 1925

-- sqft lot

$-- Zestimate^®

$78/sqft

$1,897 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,897/mo

Zestimate^® history

Owner options

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$1,897/mo

Rent Zestimate^®

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$644/mo

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$644/mo

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What's special

New water heater

This is a great investment opportunity for the Roanoke Valley. The duplex features two one bedroom one bath units one on entry level and one upper level. The property has a fenced-in back yard and faces Belmont Park. Valley Metro bus service has a pickup spot at end of street. Upstairs unit is currently rented on a one year lease for $700. Downstairs unit last rented for $675. The water and sewer bill are usually about $50 a month based on one tenant in each apartment. The downstairs unit has a new water heater, refrigerator, and gas range.

Facts & features

Interior

Heating

Heat Pump Electric

Cooling

None

Features

Has basement: Yes

Interior area

Total structure area: 1,666
Total interior livable area: 1,666 sqft

Property

Parking

Total spaces: 2

Lot

Size: 4,791 Square Feet

Details

Parcel number: 4140704

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl

Condition

Completed
Year built: 1925

Utilities & green energy

Electric: 0 Phase
Sewer: Public Sewer

Community & HOA

Community

Subdivision: N/A

HOA

Has HOA: No

Location

Region: Roanoke

Financial & listing details

Price per square foot: $78/sqft
Tax assessed value: $112,300
Annual tax amount: $1,173
Date on market: 8/31/2023
Tenant pays: Electricity, Gas

Price history

Date	Event	Price
4/11/2024	Sold	$130,000-16.1%$78/sqft
Source: RVAR #901275 Report a problem
3/25/2024	Pending sale	$155,000$93/sqft
Source: RVAR #901275 Report a problem
3/11/2024	Listed for sale	$155,000$93/sqft
Source: RVAR #901275 Report a problem
2/23/2024	Pending sale	$155,000$93/sqft
Source: RVAR #901275 Report a problem
1/9/2024	Price change	$155,000-4.3%$93/sqft
Source: RVAR #901275 Report a problem
1/2/2024	Price change	$162,000-3.6%$97/sqft
Source: RVAR #901275 Report a problem
10/27/2023	Price change	$168,000-5.1%$101/sqft
Source: RVAR #901275 Report a problem
8/31/2023	Listed for sale	$177,000$106/sqft
Source: RVAR #901275 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,370 +4.9%	$112,300 +4.9%
2024	$1,307 +19.7%	$107,100 +19.7%
2023	$1,092 +5.8%	$89,500 +5.8%
2022	$1,032 +8.7%	$84,600 +8.7%
2021	$949 -19.1%	$77,800
2020	$1,174 +23.6%	$77,800
2019	$949 -19.1%	$77,800
2018	$1,174 +26%	$77,800 +5.6%
2017	$932	$73,700
2016	$932 +1.7%	$73,700
2015	$916	$73,700
2014	$916	$73,700 -4.3%
2013	--	$77,000 -4.3%
2012	--	$80,500 -6.1%
2011	--	$85,700
2010	--	$85,700
2009	--	$85,700
2008	--	$85,700
2007	--	$85,700 +13.1%
2005	--	$75,800 +9.7%
2004	--	$69,100 +10.2%
2003	--	$62,700 +7.9%
2002	--	$58,100 +7%
2001	--	$54,300