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2423 Colonial Ave

Roanoke, VA 24015

3 bd 1 ba 985 sqft Built 1947 Lot 6,098 sqft single_family
Most recent sale
$165,000
Nov 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 23, 2022 Sold $165,000 Roanoke
Oct 11, 2022 Listed $165,000 Roanoke
Dec 18, 2018 Listing removed $112,950 Roanoke
Dec 14, 2018 Sold $114,950 Roanoke
Oct 21, 2018 Listed $112,950 Roanoke
Jul 27, 2018 Sold $68,155 Roanoke
Jul 2, 2018 Listed $62,500 Roanoke
Mar 16, 2011 Listing removed $110,000 Roanoke
Oct 1, 2010 Listed $110,000 Roanoke
Aug 25, 2006 Sold $105,000 Public Record
Jan 1, 2006 Sold $105,000 Public Record
Sep 3, 1981 Sold $28,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $176,600 $22,400 $199,000 $2,606
2023 $126,200 $15,500 $141,700 $1,895
2022 $107,600 $15,500 $123,100 $1,661
2021 $93,100 $12,900 $106,000 $1,445
2020 $88,000 $12,300 $100,300 $1,362
2019 $83,900 $11,200 $95,100 $1,299
2018 $83,900 $11,200 $95,100 $1,299
2017 $82,600 $11,200 $93,800 $1,187
2016 $81,800 $11,200 $93,000 $1,177
2015 $81,800 $11,200 $93,000 $1,163
2014 $82,900 $11,200 $94,100 $1,134
2013 $78,200 $11,200 $89,400 $1,063
2012 $73,600 $11,500 $85,100 $1,012
2011 $73,600 $11,500 $85,100 $1,012
2010 $73,600 $11,500 $85,100 $1,012
2009 $73,600 $11,500 $85,100 $1,012
2008 $73,600 $11,500 $85,100 $1,012

Property facts

Year built
1947
Property type
single_family
Stories
Beds
3
Baths
1
Living area
985 sqft
Lot size
6,098 sqft
ZIP code
24015
City
Roanoke
Street
Colonial Ave
Coordinates
37.25268, -79.96009

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,478
Gross rental yield
10.75%
Implied cap rate
6.99%
Trend-extrapolated value

Frequently asked questions

When did 2423 Colonial Ave last sell?
2423 Colonial Ave most recently sold on Nov 23, 2022 for $165,000.
What is the current tax assessment for 2423 Colonial Ave?
The most recent total assessment for 2423 Colonial Ave (year 2025) is $199,000 with $2,606 in property tax.
How does 2423 Colonial Ave's assessment compare to its last sale price?
The current assessment is 20.6% above the last sale price of $165,000.
When was 2423 Colonial Ave built?
2423 Colonial Ave was built in 1947.
How does 2423 Colonial Ave compare to others on Colonial Ave?
We track 8 other properties on Colonial Ave. Browse the list under "Other properties on Colonial Ave" to compare beds, baths, and sale history.
What are the property facts for 2423 Colonial Ave?
2423 Colonial Ave is a 3 bed, 1 bath, 985 sqft, 6,098 sqft lot single_family.
Is 2423 Colonial Ave a flip candidate?
Yes — 2423 Colonial Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2423 Colonial Ave a tax-appeal candidate?
Yes — 2423 Colonial Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.5%
Implied 1-yr
+6.1%
2026 Q3
$332.3K
2026 Q4
$336.9K
ZIP 24015 — Median Price History + Forecast

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