10 days on rocket

518 Patton Ave NW, Roanoke, VA, 24016

$169,000

Home List Price

$2,007*

Closing Credit

2 Bedrooms
1 Full Bath
782 SqFt
$216/SqFt
House

Location

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518 Patton Ave NW, Roanoke$169,000

Buyer Closing Credits

$2,007*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNot Applicable, N/A
Year BuiltNew Const., 1890
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #911819
StatusActive

About 518 Patton Ave NW

Do not miss out!! This 2 bedroom, 1 bath, well maintained home is the perfect starter home or investment property. Completely renovated in the last 2 years including recent home inspection with completed repairs. Conveniently located near downtown Roanoke and the interstate. Lovely view of the city from the back deck. Double lot with plenty of parking space, room for gardening and outdoor activities.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story
  • Year Built: 1890
  • Stories: 1
  • Living Area: 782 SqFt

Listing Office:

  • Office Name: REAL BROKER LLC - MCLEAN

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Covered Porch

Parking Information:

  • Parking: Not Applicable, N/A

Lot Features

Lot Information:

  • Lot: Sloped Down

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Patrick Henry High School, Public District Grades 9-12
  • Addison Aerospace Magnet Middle School, Public Magnet Grades 6-8
  • Lincoln Terrace Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Orange Ave to Left on 5th St heading towards Salem, to Right on Patton

Price Information

Listing Price Info

Price Summary:

  • List Price: $169,000
  • Price Per SqFt: $216/SqFt

Tax Information:

  • Annual Amount: $348
  • 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

$269.9K

Med. Price/SqFt

$160

Avg. Days On Market

6

# of Sold Homes

130

518 Patton Ave NW vs Roanoke

10 DAYS ON ROCKET

+4 Days

$169,000

-$100.9K Less

$216/SqFt

+$55 More

KEY TAKEAWAY

This property is $100.9K less than the Median Sold Price and $55/SqFt more than other homes in Roanoke, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #911819

Listing Office:

  • Office Name: REAL BROKER LLC - MCLEAN

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: 10/31/2024, 10:20:50 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$348$28,500
2020$459$28,000
2019$410$27,500
2018$410$24,000
2017$314$24,000

History based on county public records data.

Payment Calculator

$911

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$573

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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.

Elementary School

school-card-donut-875229
3
/10

  • Lincoln Terrace Elementary School

  • 1802 Liberty Rd NW

  • 0.77 miles

  • Public District Grades KG-5

Middle School

school-card-donut-875230
2
/10

  • Addison Aerospace Magnet Middle School

  • 1220 5th St NW

  • 0.46 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-875231
3
/10

  • Patrick Henry High School

  • 2102 Grandin Rd SW

  • 2.43 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $15,132. Most Roanoke, VA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 518 Patton Ave NW

What is the listing price of this property?

The listing price of 518 Patton Ave NW property is $169,000.

What type of property is this?

The property 518 Patton Ave NW is a house located in Roanoke, Virginia, 24016.

Is this property for sale now?

Active Listing: 518 Patton Ave NW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 518 Patton Ave NW are:
Lincoln Terrace Elementary School: GreatSchools Rating 3/10
Addison Aerospace Magnet Middle School: GreatSchools Rating 2/10
Patrick Henry High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $348 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 518 Patton Ave NW has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 518 Patton Ave NW is 782 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 Patton Ave NW is 1890.

Rocket Homes›Virginia›Roanoke›24016›518 Patton Ave NW

This home is located at 518 Patton Ave NW in Roanoke, VA and zip code 24016 in the Harrison neighborhood. This 782 square foot home was built in 1890. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $169,000.

Over 32 listings were sold over their listed price in September 2024 in Roanoke, VA. In the same period over 60 listings were sold below the listed price and 38 listings were sold for the listed price. The number of listings in Roanoke, VA increased by 13% between August 2024 and September 2024. In September 2024, listings were on the market for 6 days. During the same period, the median list price in this real estate market was $269,958.

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

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