$374,888

1520 Terrace Rd SW Roanoke, VA 24015

$4,452
Closing credit¹
3 beds
2 full, 1 partial
2,005 sqft
0.2 acres
$187 / sqft
House

Property details

About 1520 Terrace Rd SW

Classic updated Colonial with old school style and modern amenities within walking distance of Grandin Village and parks. Priced below tax assessment. Rocking chair front porch invites you into an open floor plan featuring hardwoods, nine foot ceilings, replacement windows with Plantation blinds, entry level bedroom, must see Master Suite upstairs, finished walkout basement with family/rec room, office and storage. Kitchen has Granite counters and stainless steel appliances. Master bath is luxurious with subway tiled shower and custom walnut vanity plus 2nd full bath upstairs features a Jacuzzi tub. Great outdoor entertaining space with a deck, pergola and patio where you can enjoy views of the Mill Mountain Star.

Highlights

Home typeSingle Family Residence
HeatingRadiant
StatusActive
CoolingCentral Air
Size2,005 sqft
BasementYes
Lot size0.19 Acres
Year builtNew Const., 1938
ParkingGarage Detached
MLS #914802
FireplaceFamily Room, Living Room

Summary

  • MLS Number: 914802
  • 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: 4/18/2025, 12:55:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring covered porch, brick siding, and a chimney

$374,888

1520 Terrace Rd SW

$4,452

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 23, 2021
Home Sold
$317,500
Nov 21, 2019
Home Sold
$309,000
Jul 31, 2015
Home Sold
$230,000
Oct 21, 2011
Home Sold
$196,000

Tax history

YearAssessmentProperty Tax
2024$361,000$4,610
2023$328,500$4,007
2022$302,600$3,691
2021$275,000$3,355
2020$261,800$3,354
2019$220,000$2,844
2018$214,100$2,772
2017$210,600$2,634

History based on county public records data.

Nearby schools

5

Wasena Elementary School

Public District PK-5

0.3 mi

1125 Sherwood Ave SW

5

Virginia Heights Elementary School

Public District PK-5

0.6 mi

1210 Amherst St SW

3

Fishburn Park Elementary School

Public District PK-5

0.7 mi

3057 Colonial Ave SW

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $61,310. The most common annual income of people living in Roanoke, VA is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

22%
<35k
50%
35k-100k
22%
100k-200k
6%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
9%
Single, with Kids
23%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
23%
18-34 yrs old
48%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Hiking/backpackingHiking/backpacking
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • New York & CompanyNew York & Company

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • ChipotleChipotle
  • QdobaQdoba

What do the neighbors drive?

  • VolvoVolvo
  • MazdaMazda
  • InfinitiInfiniti

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • RockRock
  • Active RockActive Rock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1520 Terrace Rd SW

This home is located at 1520 Terrace Rd SW in Roanoke, VA and zip code 24015 in the Raleigh Court neighborhood. This 2,005 square foot home, which was built in 1938, sits on a 0.19 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $374,888.

In March 2025, from all listings sold in Roanoke, VA there were more than 38 sold above asking price, over 47 sold below and more than 41 were sold right at the asked price. The number of listings in Roanoke, VA increased by 54.7% between February and March 2025. The median list price of listings available in March 2025 was $281,397, while the average time on the real estate market was 60 days.

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

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