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542 Walnut Ave

Roanoke, VA 24016

4 bd 2 ba 2,207 sqft Built 1914 Lot 6,534 sqft single_family
Most recent sale
$216,725
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 4, 2024 Price changed for rent $1,900 AppfolioUnits
Aug 7, 2024 Listed for rent $1,995 AppfolioUnits
Jun 18, 2023 Listed for rent $1,950 AppfolioUnits
Apr 20, 2023 Listed $339,000 NewRiver
Jun 3, 2022 Sold $216,725 MLS #887913
Mar 31, 2022 Listed $224,999 MLS #887913
Oct 3, 1995 Sold $71,000 Public Record
Aug 23, 1990 Sold $70,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $211,600 $45,900 $257,500 $3,320
2023 $166,300 $36,400 $202,700 $2,639
2022 $147,800 $29,900 $177,700 $2,327
2021 $141,300 $27,900 $169,200 $2,217
2020 $141,300 $27,900 $169,200 $2,203
2019 $136,100 $20,400 $156,500 $2,048
2018 $133,600 $17,600 $151,200 $1,983
2017 $128,100 $17,600 $145,700 $1,820
2016 $116,800 $17,600 $134,400 $1,682
2015 $107,500 $17,600 $125,100 $1,555
2014 $97,800 $17,600 $115,400 $1,387
2013 $104,100 $17,600 $121,700 $1,448
2012 $109,600 $17,600 $127,200 $1,513
2011 $109,600 $17,600 $127,200 $1,513
2010 $109,600 $17,600 $127,200 $1,513
2009 $109,600 $17,600 $127,200 $1,513
2008 $109,600 $17,600 $127,200 $1,513

Property facts

Year built
1914
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,207 sqft
Lot size
6,534 sqft
ZIP code
24016
City
Roanoke
Street
Walnut Ave
Coordinates
37.26180, -79.95256

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 542 Walnut Ave last sell?
542 Walnut Ave most recently sold on Jun 3, 2022 for $216,725.
What is the current tax assessment for 542 Walnut Ave?
The most recent total assessment for 542 Walnut Ave (year 2025) is $257,500 with $3,320 in property tax.
How does 542 Walnut Ave's assessment compare to its last sale price?
The current assessment is 18.8% above the last sale price of $216,725.
When was 542 Walnut Ave built?
542 Walnut Ave was built in 1914.
How does 542 Walnut Ave compare to others on Walnut Ave?
We track 8 other properties on Walnut Ave. Browse the list under "Other properties on Walnut Ave" to compare beds, baths, and sale history.
What are the property facts for 542 Walnut Ave?
542 Walnut Ave is a 4 bed, 2 bath, 2,207 sqft, 6,534 sqft lot single_family.
Is 542 Walnut Ave a flip candidate?
No — 542 Walnut Ave does not appear in our flips dataset.
Is 542 Walnut Ave a tax-appeal candidate?
Yes — 542 Walnut 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
-0.1%
Implied 1-yr
-0.4%
2026 Q3
$176.5K
2026 Q4
$176.4K
ZIP 24016 — Median Price History + Forecast

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