1 month on rocket

712 Madison Ave NW, Roanoke, VA, 24016

$140,000

Home List Price

$1,663*

Closing Credit

0 Baths
1,536 SqFt
$91/SqFt
Multi
Schools Nearby

Location

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712 Madison Ave NW, Roanoke$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingPrivate (1 - 9)
Year BuiltNew Const., 1925
HeatingBaseboard
CoolingWall/Window Unit(s)
BasementYes
ViewCity, Other
MLS #907034
Lot Size0.13 Acres
StatusActive

About 712 Madison Ave NW

Attention Investors, Here's your chance to own an income producing property with Low rents. There's lots of Room to renovate and bring rental rates to current market prices. You have the opportunity for immediate equity. Don't wait this duplex wont last long at this sales price

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 1,536 SqFt

Listing Office:

  • Office Name: RE/MAX ALL STARS

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Exterior Information:

  • View: City, Other

Parking Information:

  • Parking: Private (1 - 9)

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall/Window Unit(s)

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 toward Salem turn left on 5th St turn right on Madison Ave turn right on 7th then left on Madison , Duplex on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000
  • Price Per SqFt: $91/SqFt

Tax Information:

  • Annual Amount: $549
  • 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

$260K

Med. Price/SqFt

$155

# of Sold Homes

144

712 Madison Ave NW vs Roanoke

32 DAYS ON ROCKET

$140,000

-$120K Less

$91/SqFt

-$65 Less

KEY TAKEAWAY

This property is $120K less than the Median Sold Price and $65/SqFt less than other homes in Roanoke, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #907034

Listing Office:

  • Office Name: RE/MAX ALL STARS

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: 5/28/2024, 2:20:35 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

Jun 11, 2014Home Sold
$27,000
Jun 11, 2014Home Sold
$15,200

Tax History

YEARPROP. TAXASSESSMENT
2021$549$45,000
2020$657$43,400
2019$496$34,700
2018$497$30,200
2017$401$30,200

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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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.

Elementary School

school-card-donut-3725915
3
/10

  • Lincoln Terrace Elementary School

  • 1802 Liberty Rd NW

  • 0.58 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3725916
2
/10

  • Addison Aerospace Magnet Middle School

  • 1220 5th St NW

  • 0.27 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3725917
3
/10

  • Patrick Henry High School

  • 2102 Grandin Rd SW

  • 2.51 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. Typical income of Roanoke, VA residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Roanoke›24016›712 Madison Ave NW

This home is located at 712 Madison Ave NW in Roanoke, VA and zip code 24016 in the Harrison neighborhood. This 1,536 square foot home, which was built in 1925, sits on a 0.13 acre lot. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $140,000.

Over 54 listings were sold over their listed price in April 2024 in Roanoke, VA. In the same period over 46 listings were sold below the listed price and 44 listings were sold for the listed price. In April 2024 in Roanoke, VA there were 28.1% more homes for sale than in March 2024.

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

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