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1222 Mercer Ave

Roanoke, VA 24017

3 bd 2 ba 1,576 sqft Built 1958 Lot 6,098 sqft single_family
Most recent sale
$140,000
May 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 5, 2022 Sold $140,000 MLS #887842
Mar 21, 2022 Listed $129,900 MLS #887842
Feb 4, 1999 Sold $39,950 Public Record
Jan 1, 1999 Sold $39,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $128,400 $17,600 $146,000 $1,942
2023 $104,100 $9,700 $113,800 $1,540
2022 $62,400 $8,400 $70,800 $1,010
2021 $54,100 $7,400 $61,500 $892
2020 $53,400 $7,400 $60,800 $870
2019 $52,700 $7,400 $60,100 $861
2018 $50,300 $7,400 $57,700 $832
2017 $50,300 $7,400 $57,700 $736
2016 $50,300 $7,400 $57,700 $736
2015 $50,300 $7,400 $57,700 $725
2014 $50,300 $7,400 $57,700 $697
2013 $52,900 $7,400 $60,300 $717
2012 $55,700 $7,400 $63,100 $750
2011 $59,900 $7,400 $67,300 $800
2010 $59,900 $7,400 $67,300 $800
2009 $59,900 $7,400 $67,300 $800
2008 $59,900 $7,400 $67,300 $800

Property facts

Year built
1958
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,576 sqft
Lot size
6,098 sqft
ZIP code
24017
City
Roanoke
Street
Mercer Ave
Coordinates
37.28646, -79.95719

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
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1222 Mercer Ave last sell?
1222 Mercer Ave most recently sold on May 5, 2022 for $140,000.
What is the current tax assessment for 1222 Mercer Ave?
The most recent total assessment for 1222 Mercer Ave (year 2025) is $146,000 with $1,942 in property tax.
How does 1222 Mercer Ave's assessment compare to its last sale price?
The current assessment is 4.3% above the last sale price of $140,000.
When was 1222 Mercer Ave built?
1222 Mercer Ave was built in 1958.
How does 1222 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 1222 Mercer Ave?
1222 Mercer Ave is a 3 bed, 2 bath, 1,576 sqft, 6,098 sqft lot single_family.
Is 1222 Mercer Ave a flip candidate?
No — 1222 Mercer Ave does not appear in our flips dataset.
Is 1222 Mercer Ave a tax-appeal candidate?
No — 1222 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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