540 McDowell Ave
Roanoke, VA 24016
4 bd 2 ba 1,664 sqft Built 1917 Lot 4,792 sqft single_family
Most recent sale
$165,000
Nov 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 29, 2022 | Sold | $165,000 | Roanoke |
| Oct 7, 2022 | Listed | $159,950 | Roanoke |
| Dec 20, 2018 | Listing removed | $104,900 | Roanoke |
| Dec 17, 2018 | Sold | $103,000 | Roanoke |
| Oct 25, 2018 | Relisted | $104,900 | Roanoke |
| Oct 23, 2018 | Listing removed | $104,900 | Roanoke |
| Oct 19, 2018 | Listed | $104,900 | Roanoke |
| Aug 14, 2012 | Listing removed | $12,000 | Roanoke |
| Jun 4, 2012 | Listed | $12,000 | Roanoke |
| Feb 22, 2012 | Listing removed | $11,700 | Roanoke |
| Dec 8, 2011 | Price changed | $11,700 | Roanoke |
| May 25, 2011 | Price changed | $36,700 | Roanoke |
| Apr 12, 2011 | Price changed | $17,500 | Roanoke |
| Dec 13, 2010 | Listed | $27,500 | Roanoke |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $142,700 | $13,700 | $156,400 | $2,069 |
| 2023 | $114,600 | $7,000 | $121,600 | $1,635 |
| 2022 | $93,400 | $5,000 | $98,400 | $1,347 |
| 2021 | $90,800 | $3,100 | $93,900 | $1,287 |
| 2020 | $82,900 | $3,100 | $86,000 | $1,177 |
| 2019 | $71,700 | $3,100 | $74,800 | $1,030 |
| 2018 | $41,600 | $3,100 | $44,700 | $662 |
| 2017 | $8,200 | $3,100 | $11,300 | $159 |
| 2016 | $8,200 | $3,100 | $11,300 | $159 |
| 2015 | $8,200 | $3,100 | $11,300 | $152 |
| 2014 | $8,200 | $3,100 | $11,300 | $141 |
| 2013 | $8,600 | $3,100 | $11,700 | $139 |
| 2012 | $8,600 | $3,100 | $11,700 | $139 |
| 2011 | $33,600 | $3,100 | $36,700 | $436 |
| 2010 | $33,600 | $3,100 | $36,700 | $436 |
| 2009 | $33,600 | $3,100 | $36,700 | $436 |
| 2008 | $33,600 | $3,100 | $36,700 | $436 |
Property facts
Year built
1917
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,664 sqft
Lot size
4,792 sqft
ZIP code
24016
City
Roanoke
Street
McDowell Ave
Coordinates
37.28147, -79.94827
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$990
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 540 McDowell Ave last sell?
540 McDowell Ave most recently sold on Nov 29, 2022 for $165,000.
What is the current tax assessment for 540 McDowell Ave?
The most recent total assessment for 540 McDowell Ave (year 2025) is $156,400 with $2,069 in property tax.
How does 540 McDowell Ave's assessment compare to its last sale price?
The current assessment is 5.2% below the last sale price of $165,000.
When was 540 McDowell Ave built?
540 McDowell Ave was built in 1917.
How does 540 McDowell Ave compare to others on McDowell Ave?
We track 8 other properties on McDowell Ave. Browse the list under "Other properties on McDowell Ave" to compare beds, baths, and sale history.
What are the property facts for 540 McDowell Ave?
540 McDowell Ave is a 4 bed, 2 bath, 1,664 sqft, 4,792 sqft lot single_family.
Is 540 McDowell Ave a flip candidate?
No — 540 McDowell Ave does not appear in our flips dataset.
Is 540 McDowell Ave a tax-appeal candidate?
No — 540 McDowell Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.1%
Implied 1-yr
-0.4%
2026 Q3
$176.5K
2026 Q4
$176.4K
ZIP 24016 — Median Price History + Forecast
Explore nearby
Geography
Other properties on McDowell Ave