This home will remind you of an English estate! This lovely Raleigh Court colonial home was built with all the charm from the 1930s. You'll find a cozy fireplace in the formal living and a family room with a separate room for dining. Home has a new kitchen with plenty of room for entertainment, vaulted ceilings, and access to a formal garden. The updated basement includes a room that would be perfect for an office space featuring hardwood floors. Outside you'll find a combination of brick and concrete pavers on a multilevel patio, with one having a roof covering. Other features include new Leroux boiler and air purifier system. Neighborhood is tree lined, shady, and quiet with easy access to hospitals, schools, shopping at Towers and Tanglewood, and convenient access to interstate!
Single-familyProperty Type
1932Year Built
5,227 sq ftLot Size
$174Est. Price/Sq.Ft.
1 car garageParking
Listed by MAUREEN GASINK• STRATFORD PROPERTIES INC
Bought with RICH NORTHRUP• WAINWRIGHT & CO., REALTORS®- LAKE
HARDWOOD FLOORS UNDER ALL CARPET. IN SOME ROOMS HARDWOOD IS EXPOSED. DINING ROOM CHANDELIER DOES NOT REMAIN, VERY CHARMING, NEW ROOF - 1998. GAS BOILER-2000, WAS FORMALLY OIL. BEAUTIFULLY PLANTED SMALL YARD,
Public Records
Sep 15, 1981
Sold
$48,000
$21/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,895 (+11.0%)
$60,800 + $322,900
$383,700
2024
$4,408 (+9.6%)
$52,800 + $291,600
$344,400
2023
$4,020 (+35.8%)
$45,900 + $267,600
$313,500
2022
$2,960 (+7.9%)
$45,900 + $267,600
$313,500
2021
$2,743 (+5.3%)
$40,500 + $187,000
$227,500
2020
$2,604 (+4.4%)
$38,700 + $171,900
$210,600
2019
$2,495 (+3.0%)
$36,000 + $164,300
$200,300
2018
$2,422 (+5.5%)
$29,300 + $162,000
$191,300
2017
$2,295 (+2.6%)
$29,300 + $154,400
$183,700
2016
$2,237 (+2.6%)
$29,300 + $149,700
$179,000
2014
$2,181
$29,300 + $152,500
$181,800
Tax history for 1615 Terrace Rd SW
Year
Property tax
Land + Additions
Assessment*
2025
$4,895 (+11.0%)
$60,800 + $322,900
$383,700
2024
$4,408 (+9.6%)
$52,800 + $291,600
$344,400
2023
$4,020 (+35.8%)
$45,900 + $267,600
$313,500
2022
$2,960 (+7.9%)
$45,900 + $267,600
$313,500
2021
$2,743 (+5.3%)
$40,500 + $187,000
$227,500
2020
$2,604 (+4.4%)
$38,700 + $171,900
$210,600
2019
$2,495 (+3.0%)
$36,000 + $164,300
$200,300
2018
$2,422 (+5.5%)
$29,300 + $162,000
$191,300
2017
$2,295 (+2.6%)
$29,300 + $154,400
$183,700
2016
$2,237 (+2.6%)
$29,300 + $149,700
$179,000
2014
$2,181
$29,300 + $152,500
$181,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
5,328 Sq. Ft.
Year renovated
—
Sq. Ft.
1,759
Year built
1932
Style
Single Family Residential
County
Roanoke City
APN
1340634
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 3, 2026.
R-5
Residential District
The purposes of the R-5 districts are to provide a range of housing options and to provide opportunities for compatible home-based entrepreneurship. Dimensional and supplemental regulations implement standards that control building form building placement and other characteristics of development. These districts cover the majority of the City's land area and contain most of Roanoke's housing supply
Permitted uses
Include but are not limited to:
Garden center
Housing
Infrastructure
Communications tower
Jul 15, 2019 • Final
Residential mechanical
Remove and replace a boiler.
HVAC
Oct 6, 2008 • Final
Building
Construct a wood deck and a porch with a roof on the back of a house.
Addition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Bedroom Information
# of Bedrooms (Total): 3
Bathroom Information
# of Full Bathrooms: 1
# of Half Bathrooms: 1
Fireplace Information
Has Fireplace
# of Fireplaces (Total): 1
Interior Features
# of Rooms (Total): 7
Appliances: Microwave Oven (Built In)
Door Features: Insulated Storm, Metal
Window Features: Tilt-In
Flooring: Carpet, Wood
Exterior
Building Information
Building Area (Total): 2,299
Year Built: 1932
Property Information
PropertyType: Residential
Lot Information
Lot Size Area: 0.12
Lot Size Acres: 0.12
Lot Size Square Feet: 5,227.2
Lot Size Dimensions: 97,114
Lot Size Units: Acres
Financial
Tax Information
Tax Annual Amount: $2,494.66
Parcel Number: 1340634
Utilities
Heating & Cooling
Has Heating
Heating: Forced Air Gas, Heat Pump
Location
School Information
Elementary School: Wasena
Middle Or Junior School: James Madison
High School: Patrick Henry
Location Information
Directions: FROM BRANDON AVE SW, TURN RIGHT ONTO MT VERNON RD SW, THEN LEFT ONTO TERRACE RD SW, HOUSE WILL BE ON RIGHT.
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,759
Stories: 1.0
Lot Size: 5,328 square feet
Style: Single Family Residential
Year Built: 1932
Year Renovated: —
County: Roanoke City
APN: 1340634
Home facts updated by county records on Aug 3, 2026
Other
Listing Information
ListingId: 882502
ListPrice: $329,000
Around this home
Schools
Wasena Elementary School
Public PreK-5 • Assigned • 0.4mi
8/10
James Madison Middle School
Public 6-8 • Assigned • 0.6mi
4/10
Patrick Henry High School
Public 9-12 • Assigned • 0.6mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 100° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Roanoke, VA • 24015
Average low and high temperatures (°F)
43
26
50
31
67
42
75
51
75
55
87
65
89
71
84
65
79
60
71
48
61
41
47
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 4.6 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$381,000 – $462,000
Sell confidently with a local market expert in Roanoke. 3 minutes to get started.