Traditional 2 story in timeless old Southwest. Beautiful kitchen with custom cherry cabinets, granite countertops and stainless steel appliances. Large separate dining room with access from living room and kitchen. Cozy formal living room. Grand entry with open staircase and foyer area. Home is directly across from the park and less than a block from the school. Screened in porch and balcony overlooking a beautiful back yard with garden, patio and koi pond. Third bedroom has adjacent laundry room and walks out to balcony. Quick access to 581, Carilion and downtown Roanoke.
For sale
Price cut: $21K (5/8)
$399,000
518 Walnut Ave SW, Roanoke, VA 24016
3beds
1,744sqft
Single Family Residence
Built in 1899
6,500 Square Feet Lot
$386,000 Zestimate®
$229/sqft
$-- HOA
What's special
Granite countertopsScreened in porchBeautiful kitchenLarge separate dining roomCustom cherry cabinetsStainless steel appliances
- 149 days |
- 446 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
ALLISON RATCLIFFE 540-493-7231,
EMBOLDEN REALTY GROUP
Source: RVAR,MLS#: 924516
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Description: Lage walk in closet with attic access
- Level: U
Bedroom 2
- Level: U
Bedroom 3
- Description: washer/dryer and balcony attached to this room
- Level: U
Dining room
- Description: Beautiful pocket doors to grand spacious dining room
- Level: E
Eat in kitchen
- Description: Cherry cabinets, granite countertops and stainless appliances
- Level: E
Foyer
- Description: spacious entryway
- Level: E
Laundry
- Level: U
Living room
- Description: formal with tall ceilings and fireplace
- Level: E
Heating
- Forced Air Gas, Heat Pump Electric
Cooling
- Heat Pump Electric
Appliances
- Included: Dryer, Washer, Dishwasher, Disposal, Microwave, Electric Range, Refrigerator
Features
- Storage
- Flooring: Ceramic Tile, Wood
- Doors: Full View, Wood
- Windows: Storm Window(s)
- Has basement: Yes
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,594
- Total interior livable area: 1,744 sqft
- Finished area above ground: 1,744
Property
Parking
- Total spaces: 2
- Parking features: Detached, Off Street
- Has garage: Yes
- Covered spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Rear Porch
- Exterior features: Balcony, Garden Space
- Fencing: Fenced
Lot
- Size: 6,500 Square Feet
- Dimensions: 50x130
- Features: Level, Views
Details
- Parcel number: 1131209
- Zoning: AC
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood
Condition
- Completed
- Year built: 1899
Utilities & green energy
- Electric: 0 Phase
- Sewer: Public Sewer
- Utilities for property: Cable Connected, Cable
Community & HOA
Community
- Features: Restaurant
- Subdivision: Old Southwest
HOA
- Has HOA: No
Location
- Region: Roanoke
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $290,600
- Annual tax amount: $2,100
- Date on market: 2/7/2026
Estimated market value
$386,000
$367,000 - $405,000
$2,006/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Price change | $399,000-5%$229/sqft |
Source: | ||
| 4/1/2026 | Price change | $420,000-2.3%$241/sqft |
Source: | ||
| 2/7/2026 | Listed for sale | $430,000+48.3%$247/sqft |
Source: | ||
| 3/31/2022 | Sold | $289,950$166/sqft |
Source: | ||
| 2/12/2022 | Pending sale | $289,950$166/sqft |
Source: | ||
| 1/26/2022 | Listed for sale | $289,950$166/sqft |
Source: | ||
| 1/8/2022 | Pending sale | $289,950$166/sqft |
Source: | ||
| 1/5/2022 | Listed for sale | $289,950+31.8%$166/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/30/2018 | Sold | $220,000-2%$126/sqft |
Source: | ||
| 10/19/2018 | Listed for sale | $224,500$129/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,545 +19.2% | $290,600 +19.2% |
| 2024 | $2,974 +6.2% | $243,800 +6.2% |
| 2023 | $2,801 +13.7% | $229,600 +13.7% |
| 2022 | $2,464 +4.8% | $202,000 +4.8% |
| 2021 | $2,351 +0.1% | $192,700 |
| 2020 | $2,349 +7.3% | $192,700 +7.4% |
| 2019 | $2,189 +0.3% | $179,400 +4.5% |
| 2018 | $2,182 +3.6% | $171,600 +2.6% |
| 2017 | $2,106 +1.1% | $167,300 +1.1% |
| 2016 | $2,084 +12.5% | $165,500 |
| 2015 | $1,852 | $165,500 +2.6% |
| 2014 | $1,852 | $161,300 +6% |
| 2013 | -- | $152,200 |
| 2012 | -- | $152,200 |
| 2011 | -- | $152,200 |
| 2010 | -- | $152,200 |
| 2009 | -- | $152,200 |
| 2008 | -- | $152,200 +0.7% |
| 2007 | -- | $151,200 +13.3% |
| 2005 | -- | $133,500 +8.7% |
| 2004 | -- | $122,800 +16% |
| 2003 | -- | $105,900 +9% |
| 2002 | -- | $97,200 +10% |
| 2001 | -- | $88,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Old Southwest
Nearby schools
GreatSchools rating
- 8/10Highland Park Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 4/10James Madison Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Patrick Henry High SchoolGrades: 9-12Distance: 2 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Virginia
- Roanoke City
- Roanoke
- 24016
- Old Southwest
- 518 Walnut Ave SW






