11 months on rocket

511 Fairfax Ave NW, Roanoke, VA, 24016

$185,000

Home List Price

$2,197*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,486 SqFt
$125/SqFt
House

Location

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511 Fairfax Ave NW, Roanoke$185,000

Buyer Closing Credits

$2,197*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNot Applicable, N/A, Off Street Parking
Year BuiltNew Const., 1884
HeatingNatural Gas
CoolingNone
BasementYes
ViewCity
MLS #903945
Lot Size0.12 Acres
StatusActive

About 511 Fairfax Ave NW

Experience comfort and style in this beautifully renovated home. Featuring 1 master bedroom, 2 additional bedrooms, and 2.5 baths, it offers modern upgrades throughout. Enjoy brand-new flooring, fresh paint, and chic lighting fixtures. The updated kitchen and bathrooms blend form and function seamlessly. Outside, relax on the freshly painted porch with easy-to-maintain landscaping. Conveniently located near downtown with easy access to Interstate 581 for a stress-free commute. Don't miss out on this meticulously renovated gem.''

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1884
  • Stories: 2
  • Living Area: 1,486 SqFt

Listing Office:

  • Office Name: LONG & FOSTER - SMITH MTN LAKE

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Flooring Type: Laminate
  • Interior: Walk-in-Closet

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Parking: Not Applicable, N/A, Off Street Parking

Lot Features

Lot Information:

  • Lot: Gentle Sloping, Sloped Up
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Orange Ave to 5th St. Left on Fairfax.

Price Information

Listing Price Info

Price Summary:

  • List Price: $185,000
  • Price Per SqFt: $125/SqFt

Tax Information:

  • Annual Amount: $562
  • 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

511 Fairfax Ave NW vs Roanoke

337 DAYS ON ROCKET

+329 Days

$185,000

-$86.4K Less

$125/SqFt

-$37 Less

KEY TAKEAWAY

This property is $86.4K less than the Median Sold Price and $37/SqFt less than other homes in Roanoke, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #903945

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: 11/23/2024, 6:20:50 PM 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$562$46,100
2020$690$46,100
2019$733$44,600
2018$734$49,600
2017$638$49,600

History based on county public records data.

Payment Calculator

$991

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$621

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NMLS#3030

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-946366
3
/10

  • Lincoln Terrace Elementary School

  • 1802 Liberty Rd NW

  • 0.69 miles

  • Public District Grades PK-5

school-card-donut-946367
2
/10

  • Hurt Park Elementary School

  • 1525 Salem Ave SW

  • 1.00 miles

  • Public District Grades PK-5

school-card-donut-946368
6
/10

  • Highland Park Elementary School

  • 1212 5th St SW

  • 1.09 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 $15,132. The majority of Roanoke, VA residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 511 Fairfax Ave NW

What is the listing price of this property?

The listing price of 511 Fairfax Ave NW property is $185,000.

What type of property is this?

The property 511 Fairfax Ave NW is a house located in Roanoke, Virginia, 24016.

Is this property for sale now?

Active Listing: 511 Fairfax 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 $562 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 511 Fairfax Ave NW has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 511 Fairfax Ave NW is 1,486 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 511 Fairfax Ave NW is 1884.

Rocket Homes›Virginia›Roanoke›24016›511 Fairfax Ave NW

This home is located at 511 Fairfax Ave NW in Roanoke, VA and zip code 24016 in the Harrison neighborhood. This 1,486 square foot home, which was built in 1884, sits on a 0.12 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 22, 2023 and is currently priced at $185,000.

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. The number of listings in Roanoke, VA increased by 28.6% between September 2024 and October 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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