11 months on rocket

1528 Melrose Ave NW, Roanoke, VA, 24017

$78,500

Home List Price

$932*

Closing Credit

3 Bedrooms
1 Full Bath
1,224 SqFt
$64/SqFt
House

Location

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1528 Melrose Ave NW, Roanoke$78,500

Buyer Closing Credits

$932*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNot Applicable, N/A
Year BuiltNew Const., 1918
HeatingBaseboard
CoolingNone
MLS #903970
Lot Size0.14 Acres
StatusActive

Property Details

Property Features

Property Information:

  • Architectural Style: 1.5 Story
  • Year Built: 1918
  • Stories: 1
  • Living Area: 1,224 SqFt

Listing Office:

  • Office Name: MKB, REALTORS(r)

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Not Applicable, N/A

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

Other

Directions Information:

  • Directions: Orange Ave, 5th St NW, to right on Melrose Ave to 1528 Melrose Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $78,500
  • Price Per SqFt: $64/SqFt

Tax Information:

  • Annual Amount: $448
  • 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

$275K

Med. Price/SqFt

$162

Avg. Days On Market

31

# of Sold Homes

152

1528 Melrose Ave NW vs Roanoke

356 DAYS ON ROCKET

+325 Days

$78,500

-$196.5K Less

$64/SqFt

-$99 Less

KEY TAKEAWAY

This property is $196.5K less than the Median Sold Price and $99/SqFt less than other homes in Roanoke, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #903970

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: 12/17/2024, 8:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 23, 2021Home Sold
$3,030,379
Sep 24, 2015Home Sold
$157,000
Sep 24, 2012Home Sold
$15,000

Tax History

YEARPROP. TAXASSESSMENT
2021$448$36,700
2020$568$36,100
2019$535$32,700
2018$536$33,400
2017$440$33,400

History based on county public records data.

Payment Calculator

$459

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$302

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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-4236658
2
/10

  • Hurt Park Elementary School

  • 1525 Salem Ave SW

  • 0.57 miles

  • Public District Grades PK-5

school-card-donut-4236659
4
/10

  • Roanoke Academy for Math & Science Elementary School

  • 1616 19th St NW

  • 0.69 miles

  • Public District Grades PK-5

school-card-donut-4236660
3
/10

  • Lincoln Terrace Elementary School

  • 1802 Liberty Rd NW

  • 1.05 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 $23,876. Most Roanoke, VA residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1528 Melrose Ave NW

What is the listing price of this property?

The listing price of 1528 Melrose Ave NW property is $78,500.

What type of property is this?

The property 1528 Melrose Ave NW is a house located in Roanoke, Virginia, 24017.

Is this property for sale now?

Active Listing: 1528 Melrose Ave NW 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 $448 (source: MLS/based on county public records data).

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

The last sale was on February 23, 2021 for $3,030,379. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1528 Melrose Ave NW has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1528 Melrose Ave NW is 1,224 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1528 Melrose Ave NW is 1918.

Rocket Homes›Virginia›Roanoke›24017›1528 Melrose Ave NW

This home is located at 1528 Melrose Ave NW in Roanoke, VA and zip code 24017 in the Loudon / Melrose neighborhood. This 1,224 square foot home, which was built in 1918, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 27, 2023 and is currently priced at $78,500.

Over 62 listings were sold over their listed price in November 2024 in Roanoke, VA. In the same period over 69 listings were sold below the listed price and 21 listings were sold for the listed price. The inventory of homes for sale in Roanoke, VA between October 2024 and November 2024 increased by 15.7%. In November 2024 median list price was $275,000 and the average listing age was 31 days.

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

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