2 months on rocket

506 Moorman Ave NW, Roanoke, VA, 24016

$229,999

Home List Price

$2,731*

Closing Credit

5 Bedrooms
2 Full Baths
2,763 SqFt
$83/SqFt
House

Location

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506 Moorman Ave NW, Roanoke$229,999

Buyer Closing Credits

$2,731*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNot Applicable, N/A
Year BuiltNew Const., 1900
HeatingOther
CoolingCentral Air
BasementYes
MLS #910658
Lot Size0.09 Acres
StatusActive

About 506 Moorman Ave NW

Experience the charm of this beautifully remodeled home with vintage hardwood floors throughout. The entry level offers three spacious rooms for dining, entertaining, or creating your own living space. The large kitchen features new countertops and ample space for cooking, prepping, and storage. Upstairs, you'll find four roomy bedrooms and a potential cozy reading nook. The finished attic adds flexibility for an extra bedroom or creative space. Enjoy the fresh air on the front porch or the four private back decks offering extra space for relaxation. This home blends vintage appeal, spacious living, and endless possibilities.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1900
  • Stories: 2
  • Living Area: 2,763 SqFt

Listing Office:

  • Office Name: LONG & FOSTER - SMITH MTN LAKE

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Not Applicable, N/A

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Civic Center - 460W, Left onto 5th St., Right on Moorman Ave. Across from St. Paul Church.

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,999
  • Price Per SqFt: $83/SqFt

Tax Information:

  • Annual Amount: $1,188
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$271.4K

Med. Price/SqFt

$162

Avg. Days On Market

8

# of Sold Homes

165

506 Moorman Ave NW vs Roanoke

77 DAYS ON ROCKET

+69 Days

$229,999

-$41.4K Less

$83/SqFt

-$79 Less

KEY TAKEAWAY

This property is $41.4K less than the Median Sold Price and $79/SqFt less than other homes in Roanoke, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #910658

Listing Office:

  • Office Name: LONG & FOSTER - SMITH MTN LAKE

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, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,188$97,400
2020$1,168$84,400
2019$952$73,400
2018$953$66,700
2017$857$66,700

History based on county public records data.

Payment Calculator

$1,215

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$756

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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-202253
3
/10
  • Lincoln Terrace Elementary School

  • 1802 Liberty Rd NW

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-202254
6
/10
  • Highland Park Elementary School

  • 1212 5th St SW

  • 0.95 miles

  • Public District Grades PK-5

school-card-donut-202255
2
/10
  • Hurt Park Elementary School

  • 1525 Salem Ave SW

  • 0.95 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,540. The majority of Roanoke, VA residents have income less than $35k annually. Typical family type is 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 506 Moorman Ave NW

What is the listing price of this property?

The listing price of 506 Moorman Ave NW property is $229,999.

What type of property is this?

The property 506 Moorman Ave NW is a house located in Roanoke, Virginia, 24016.

Is this property for sale now?

Active Listing: 506 Moorman 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 $1,188 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 506 Moorman Ave NW has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 506 Moorman Ave NW is 2,763 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Moorman Ave NW is 1900.

Rocket Homes›Virginia›Roanoke›24016›506 Moorman Ave NW

This home is located at 506 Moorman Ave NW in Roanoke, VA and zip code 24016 in the Gilmer neighborhood. This 2,763 square foot home, which was built in 1900, sits on a 0.09 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $229,999.

While more than 50 listings in Roanoke, VA in October 2024 were sold above asking price, there were more than 44 listings sold at asking price, and more than 71 were sold below. Between September 2024 and October 2024, Roanoke, VA real estate market has seen increase in the number of listings by 28.6%. 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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