4 months on rocket

118 Patton Ave NW, Roanoke, VA, 24016

$160,720

Home List Price

$1,909*

Closing Credit

0 Baths
1,652 SqFt
$97/SqFt
Multi
Schools Nearby

Location

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118 Patton Ave NW, Roanoke$160,720

Buyer Closing Credits

$1,909*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingStreet
Year BuiltNew Const., 1896
HeatingForced Air
CoolingNone
MLS #903973
Lot Size0.07 Acres
StatusActive

About 118 Patton Ave NW

PROPERTY LOCATED WITHIN TWO BLOCKS OF DOWNTOWN. FULLY RENTED. GREAT INVESTMENT OPPORTUNITY.

Property Details

Property Features

Property Information:

  • Year Built: 1896
  • Living Area: 1,652 SqFt

Listing Office:

  • Office Name: MKB, REALTORS(r)

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Parking: Street

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • Patrick Henry High School, Public District Grades 9-12
  • James Madison Middle School, Public District Grades 6-8
  • Highland Park Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: ORANGE AVE E TO R ON GAINSBORO TO R ON GILMER, TO R ON 2ND STREET TO R ON PATTON

Price Information

Listing Price Info

Price Summary:

  • List Price: $160,720
  • Price Per SqFt: $97/SqFt

Tax Information:

  • Annual Amount: $554
  • 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

118 Patton Ave NW vs Roanoke

126 DAYS ON ROCKET

$160,720

-$99.2K Less

$97/SqFt

-$59 Less

KEY TAKEAWAY

This property is $99.2K less than the Median Sold Price and $59/SqFt less than other homes in Roanoke, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #903973

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: 5/2/2024, 9:25:19 AM 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 14, 2012Home Sold
$15,500

Tax History

YEARPROP. TAXASSESSMENT
2021$554$45,400
2020$752$44,200
2019$719$42,600
2018$720$41,500
2017$522$41,000

History based on county public records data.

Payment Calculator

$870

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$548

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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-4637455
4
/10

  • Highland Park Elementary School

  • 1212 5th St SW

  • 1.06 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4637456
3
/10

  • James Madison Middle School

  • 1160 Overland Rd SW

  • 2.58 miles

  • Public District Grades 6-8

High School

school-card-donut-4637457
3
/10

  • Patrick Henry High School

  • 2102 Grandin Rd SW

  • 2.70 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 $23,540. Residents of Roanoke, VA typically earn less than $35k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Roanoke›24016›118 Patton Ave NW

This home is located at 118 Patton Ave NW in Roanoke, VA and zip code 24016 in the Gainsboro neighborhood. This 1,652 square foot home, which was built in 1896, sits on a 0.07 acre lot. It has been listed on Rocket Homes since December 27, 2023 and is currently priced at $160,720.

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. The number of listings in Roanoke, VA increased by 28.1% between March 2024 and April 2024.

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

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