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Sold for $280,000
  • $280,000

    506 Highland Ave SW, Roanoke, VA 24016

    --beds
    --baths
    5,756sqft
    Multi Family
    Built in 1924
    -- sqft lot
    $-- Zestimate®
    $49/sqft
    $2,062 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,062/mo

    Zestimate® history
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    What's special

    All units vacant, text LA for lb code.

    Zillow last checked:

    Listing updated:

    Listed by:

    COURTNEE W BISHOP 540-797-4432,

    MKB, REALTORS(r)

    Bought with:

    BRANDON HORNBY, 0225244035

    NEST REALTY ROANOKE

    JULIA ALYS HORNBY, 0225253623

    Source: RVAR,MLS#: 916867MLS Logo

    Facts & features

    Interior

    Heating
    • Radiator Gas Heat
    Cooling
    • Window Unit(s)
    Features
    • Has basement: Yes
    Interior area
    • Total structure area: 5,756
    • Total interior livable area: 5,756 sqft

    Property

    Parking
    • Total spaces: 2
    Lot
    • Size: 6,500 Square Feet
    • Dimensions: 50 x 130
    Details
    • Parcel number: 1121210

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • Completed
    • Year built: 1924

    Utilities & green energy

    • Electric: 0 Phase
    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: Gishland
    HOA
    • Has HOA: No
    Location
    • Region: Roanoke

    Financial & listing details

    • Price per square foot: $49/sqft
    • Tax assessed value: $273,500
    • Annual tax amount: $3,197
    • Date on market: 5/2/2025
    • Tenant pays: Electricity

    Price history

    DateEventPrice
    4/29/2026Sold$280,000-15.1%$49/sqft
    Source: RVAR #916867 Report a problem
    4/1/2026Pending sale$329,888$57/sqft
    Source: RVAR #916867 Report a problem
    2/5/2026Price change$329,888-2%$57/sqft
    Source: RVAR #916867 Report a problem
    1/5/2026Price change$336,620-2%$58/sqft
    Source: RVAR #916867 Report a problem
    11/12/2025Price change$343,490-2%$60/sqft
    Source: RVAR #916867 Report a problem
    10/8/2025Price change$350,500-2%$61/sqft
    Source: RVAR #916867 Report a problem
    9/3/2025Price change$357,653-2%$62/sqft
    Source: RVAR #916867 Report a problem
    8/8/2025Price change$364,952-2%$63/sqft
    Source: RVAR #916867 Report a problem
    6/20/2025Price change$372,400-2%$65/sqft
    Source: RVAR #916867 Report a problem
    5/2/2025Listed for sale$380,000+154.2%$66/sqft
    Source: RVAR #916867 Report a problem
    12/27/2006Sold$149,500-0.3%$26/sqft
    Source: Public Record Report a problem
    10/10/2006Sold$150,000$26/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,337 +4.3%$273,500 +4.3%
    2024$3,198 +17.9%$262,100 +17.9%
    2023$2,712 +5.7%$222,300 +5.7%
    2022$2,567 +4.4%$210,400 +4.4%
    2021$2,458 -5.9%$201,500
    2020$2,613 +10.4%$201,500 +3.9%
    2019$2,367 -8.2%$194,000 +1.5%
    2018$2,579 +13.6%$191,200 +5.3%
    2017$2,270 +6%$181,600 +6.2%
    2016$2,140 +24.4%$171,000 +4.9%
    2015$1,721 $163,000 +7%
    2014$1,721 $152,300 +5.3%
    2013-- $144,600
    2012-- $144,600
    2011-- $144,600
    2010-- $144,600
    2009-- $144,600
    2008-- $144,600 +0.6%
    2007-- $143,700 +13.2%
    2005-- $126,900 +8.7%
    2004-- $116,700 +8.1%
    2003-- $108,000 +9%
    2002-- $99,100 +9.6%
    2001-- $90,400
    Find assessor info on the county website

    Neighborhood: Old Southwest

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Highland Park
    • Middle: James Madison
    • High: Patrick Henry

    Source: RVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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