3 months on rocket

1520 Terrace Rd SW, Roanoke, VA, 24015

$399,888

Home List Price

$4,749*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,005 SqFt
$199/SqFt
House

Location

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1520 Terrace Rd SW, Roanoke$399,888

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Detached
Year BuiltNew Const., 1938
HeatingRadiant
CoolingCentral Air
BasementYes
FireplaceFamily Room, Living Room
MLS #909871
Lot Size0.19 Acres
StatusActive

About 1520 Terrace Rd SW

Classic updated Colonial with old school style and modern amenities within walking distance of Grandin Village and parks. Rocking chair front porch invites you into an open floor plan featuring hardwoods, nine foot ceilings, replacement windows with Plantation blinds, entry level bedroom, must see Master Suite upstairs, finished walkout basement with family/rec room, office and storage. Kitchen has Granite counters and stainless steel appliances. Master bath is luxurious with subway tiled shower and custom walnut vanity plus 2nd full bath upstairs features a Jacuzzi tub. Great outdoor entertaining space with a deck, pergola and patio where you can enjoy views of the Mill Mountain Star.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1938
  • Stories: 2
  • Living Area: 2,005 SqFt

Listing Office:

  • Office Name: MKB, REALTORS(r)

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range
  • Basement: Yes
  • Flooring Type: Concrete, Tile - i.e. ceramic, Wood
  • Interior: Book Shelves, Ceiling Fan, Storage, Whirlpool Bath
  • Fireplace: Family Room, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Covered Porch, Deck, Fenced Yard, Garden Space, Patio, Paved Driveway

Parking Information:

  • Attached Garage: No
  • Parking: Garage Detached

Lot Features

Lot Information:

  • Lot: Gentle Sloping, Level
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Brandon from Towers, R Wakefield, L Terrace to home on L

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,888
  • Price Per SqFt: $199/SqFt

Tax Information:

  • Annual Amount: $3,355
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Roanoke, VA.

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Roanoke, VA

City

Med. Sold Price

$271.4K

Med. Price/SqFt

$162

Avg. Days On Market

8

# of Sold Homes

165

1520 Terrace Rd SW vs Roanoke

104 DAYS ON ROCKET

+96 Days

$399,888

+$128.4K More

$199/SqFt

+$37 More

KEY TAKEAWAY

This property is $128.4K more than the Median Sold Price and $37/SqFt more than other homes in Roanoke, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #909871

Listing Office:

  • Office Name: MKB, REALTORS(r)

IDXAlthough the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.

All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.

All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 23, 2021Home Sold
$317,500
Nov 21, 2019Home Sold
$309,000
Jul 31, 2015Home Sold
$230,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,355$275,000
2020$3,354$261,800
2019$2,844$220,000
2018$2,773$214,100
2017$2,634$210,600

History based on county public records data.

Payment Calculator

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-191853
5
/10

  • Wasena Elementary School

  • 1125 Sherwood Ave SW

  • 0.28 miles

  • Public District Grades PK-5

school-card-donut-191854
6
/10

  • Virginia Heights Elementary School

  • 1210 Amherst St SW

  • 0.63 miles

  • Public District Grades PK-5

school-card-donut-191855
4
/10

  • Fishburn Park Elementary School

  • 3057 Colonial Ave SW

  • 0.66 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,310. Most Roanoke, VA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1520 Terrace Rd SW

What is the listing price of this property?

The listing price of 1520 Terrace Rd SW property is $399,888.

What type of property is this?

The property 1520 Terrace Rd SW is a house located in Roanoke, Virginia, 24015.

Is this property for sale now?

Active Listing: 1520 Terrace Rd SW is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,355 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 23, 2021 for $317,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1520 Terrace Rd SW has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1520 Terrace Rd SW is 2,005 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1520 Terrace Rd SW is 1938.

Rocket Homes›Virginia›Roanoke›24015›1520 Terrace Rd SW

This home is located at 1520 Terrace Rd SW in Roanoke, VA and zip code 24015 in the Raleigh Court neighborhood. This 2,005 square foot home, which was built in 1938, sits on a 0.19 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $399,888.

In October 2024, from all listings sold in Roanoke, VA there were more than 50 sold above asking price, over 71 sold below and more than 44 were sold right at the asked price. In October 2024 in Roanoke, VA there were 28.6% more homes for sale than in September 2024. While the average time on the market in October 2024 was 8 days, the median list price was $271,431.

From Rocket Homes Real Estate and based on county public records data.

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