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For sale
  • Price cut: $21K (5/8)
    $399,000

    518 Walnut Ave SW, Roanoke, VA 24016

    3beds
    1,744sqft
    : 
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    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
    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.
    149 days
    |
    446
    |
    19
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    ALLISON RATCLIFFE 540-493-7231,

    EMBOLDEN REALTY GROUP

    Source: RVAR,MLS#: 924516MLS Logo

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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

        DateEventPrice
        5/8/2026Price change$399,000-5%$229/sqft
        Source: RVAR #924516 Report a problem
        4/1/2026Price change$420,000-2.3%$241/sqft
        Source: RVAR #924516 Report a problem
        2/7/2026Listed for sale$430,000+48.3%$247/sqft
        Source: RVAR #924516 Report a problem
        3/31/2022Sold$289,950$166/sqft
        Source: RVAR #886122 Report a problem
        2/12/2022Pending sale$289,950$166/sqft
        Source: RVAR #886122 Report a problem
        1/26/2022Listed for sale$289,950$166/sqft
        Source: RVAR #886122 Report a problem
        1/8/2022Pending sale$289,950$166/sqft
        Source: RVAR #886122 Report a problem
        1/5/2022Listed for sale$289,950+31.8%$166/sqft
        Source: RVAR #886122 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        11/30/2018Sold$220,000-2%$126/sqft
        Source: RVAR #853492 Report a problem
        10/19/2018Listed for sale$224,500$129/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Old Southwest

        Getting around

        60 / 100
        Somewhat Walkable
        39 / 100
        Some Transit
        62 / 100
        Bikeable

        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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