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507 16th St; Roanoke, VA Property Details

507 16th St, Roanoke, VA is a Single Family that was built in 1925. This property is currently Financed and is not for sale. Our records show that 507 16th St has 3 bedrooms, and 2 bathrooms, and a total of 1,218 square feet. The lot size of 507 16th St is 6,621 square feet.

Off market
507 16th St NW Roanoke, VA 24017
$185,000 Listing Price
3 Beds
2 Baths
1,218 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1925
  • Purchase Price: $185,000
  • Open Loans / Balance: 2 / $188,046
  • Est. Equity / %: $34,954 / 15.67%
  • Gross Yield: 4.655%
  • APN: 222-2409
  • Situs County: Roanoke City
  • Length Of Ownership: 3 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Wood
  • Stories: 1.5
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Fair
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,218/SqFt
  • Lot: 6,621/SqFt
  • Living: 1,218/SqFt
  • Basement: 392/SqFt
  • Building: 1,218/SqFt
  • Basement Unfinished: 392/SqFt
  • Price Per Square Foot: $151.89

Legal Description

  • Description: N PT LOTS 9-10 BLK 40 MELROSE
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Roanoke City Public Schools
  • Lat / Lon: 37.283367 / -79.963264
  • Subdivision: Melrose Land Companys Addition
  • Property Class: Residential
  • Zoning: RM-1
  • County Use Code: 200

Amenities

  • Plus Four: 5501
  • Bathroom Fixtures: 6
  • Cooling: None
  • Heating: Yes

Ownership Info

507 16th St NW has no associated ownership info
507 16th St NW has no associated ownership info.

Taxes

507 16th St NW has 10 associated Taxes items

507 16th St, Roanoke, VA pays taxes in Roanoke City County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $140,600. The APN we've located for 507 16th St is 222-2409.

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Taxes
  • Assessed Value:  $140,600
  • Assessed Year:  2026
  • Assessed County:  Roanoke City
  • APN:  222-2409
  • Assessed Land Value:  15100
  • Market Land Value:  15100
  • Tax Amount:  1715.32
  • Tax Year:  2026
  • Market Value:  140600
  • Market Year:  2026

Tax History

507 16th St NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $140,600 Land Value $15,100 Improvement Value $125,500 Tax Amount $1,715.32 Change Rate -0.086001% Assessed CR Tax Rate +0.0122%
Year 2025 Assessed Value $140,600 Land Value $15,100 Improvement Value $125,500 Tax Amount $1,876.72 Change Rate +0.387922% Assessed CR Tax Rate +0.013348%
Year 2024 Assessed Value $97,900 Land Value $10,800 Improvement Value $87,100 Tax Amount $1,352.18 Change Rate +0.383701% Assessed CR Tax Rate +0.013812%
Year 2023 Assessed Value $80,100 Land Value $7,500 Improvement Value $72,600 Tax Amount $977.22 Change Rate +3.295095% Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $6,600 Land Value $5,200 Improvement Value $1,400 Tax Amount $227.52 Change Rate +1.825633% Assessed CR Tax Rate +0.034473%
Year 2021 Assessed Value $6,600 Land Value $5,200 Improvement Value $1,400 Tax Amount $80.52 Change Rate -0.582928% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $5,300 Land Value $5,200 Improvement Value $100 Tax Amount $193.06 Change Rate -0.129301% Assessed CR Tax Rate +0.036426%
Year 2019 Assessed Value $9,500 Land Value $5,200 Improvement Value $4,300 Tax Amount $221.73 Change Rate +0.095504% Assessed CR Tax Rate +0.02334%
Year 2018 Assessed Value $10,000 Land Value $5,200 Improvement Value $4,800 Tax Amount $202.4 Change Rate +0.310881% Assessed CR Tax Rate +0.02024%
Year 2017 Assessed Value $10,000 Land Value $5,200 Improvement Value $4,800 Tax Amount $154.4 Change Rate Assessed CR Tax Rate +0.01544%
Year 2016 Assessed Value $10,000 Land Value $5,200 Improvement Value $4,800 Tax Amount $154.4 Change Rate Assessed CR Tax Rate +0.01544%
Year 2015 Assessed Value $10,000 Land Value $5,200 Improvement Value $4,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $10,000 Land Value $5,200 Improvement Value $4,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $121.38 Change Rate Assessed CR Tax Rate