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1220 Mercer Ave

Roanoke, VA 24017

3 bd 2 ba 1,998 sqft Built 1926 Lot 6,534 sqft single_family
Most recent sale
$155,000
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 13, 2022 Sold $155,000 MLS #889996
May 31, 2022 Listed $139,995 MLS #889996
Apr 27, 1981 Sold $22,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $135,100 $17,600 $152,700 $2,093
2023 $101,400 $9,700 $111,100 $1,565
2022 $85,900 $8,400 $94,300 $1,347
2021 $62,300 $7,400 $69,700 $1,035
2020 $61,500 $7,400 $68,900 $1,012
2019 $61,000 $7,400 $68,400 $1,017
2018 $53,100 $7,400 $60,500 $921
2017 $53,100 $7,400 $60,500 $825
2016 $53,100 $7,400 $60,500 $825
2015 $53,100 $7,400 $60,500 $796
2014 $53,100 $7,400 $60,500 $749
2013 $55,900 $7,400 $63,300 $753
2012 $58,800 $7,400 $66,200 $788
2011 $63,200 $7,400 $70,600 $840
2010 $63,200 $7,400 $70,600 $840
2009 $63,200 $7,400 $70,600 $840
2008 $63,200 $7,400 $70,600 $840

Property facts

Year built
1926
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,998 sqft
Lot size
6,534 sqft
ZIP code
24017
City
Roanoke
Street
Mercer Ave
Coordinates
37.28643, -79.95702

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$930
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1220 Mercer Ave last sell?
1220 Mercer Ave most recently sold on Jul 13, 2022 for $155,000.
What is the current tax assessment for 1220 Mercer Ave?
The most recent total assessment for 1220 Mercer Ave (year 2025) is $152,700 with $2,093 in property tax.
How does 1220 Mercer Ave's assessment compare to its last sale price?
The current assessment is 1.5% below the last sale price of $155,000.
When was 1220 Mercer Ave built?
1220 Mercer Ave was built in 1926.
How does 1220 Mercer Ave compare to others on Mercer Ave?
We track 8 other properties on Mercer Ave. Browse the list under "Other properties on Mercer Ave" to compare beds, baths, and sale history.
What are the property facts for 1220 Mercer Ave?
1220 Mercer Ave is a 3 bed, 2 bath, 1,998 sqft, 6,534 sqft lot single_family.
Is 1220 Mercer Ave a flip candidate?
No — 1220 Mercer Ave does not appear in our flips dataset.
Is 1220 Mercer Ave a tax-appeal candidate?
No — 1220 Mercer Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.8%
Implied 1-yr
+11.3%
2026 Q3
$233.5K
2026 Q4
$239.1K
ZIP 24017 — Median Price History + Forecast

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