2603 Stephenson Ave SW, Roanoke, VA, 24014
About This Home
Classic brick ranch, in an ever popular S. Roanoke neighborhood and within an easy walk, bike ride or commute to Carilion hospital and related offices, is nicely renovated, MOVE IN READY and available for immediate occupancy. It sits on a full basement which could be finished as an income producing apartment with private ground level entry. The location is wonderfully convenient for those seeking the benefit of a 1 level, easy to maintain home but the proximity to the growing Carilion complex makes it also appealing to investors wishing to capitalize on the strong rental demand in that area. Hardwood & tile floors, primary bathroom w/jetted tub and enclosed laundry area, kitchen opens onto a large, recently refurbished deck .New roof 2016, systems updates 2018, private parking, Great Buy.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Completed
- Year built: 1953
Materials
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Washer,Dishwasher,Microwave,Electric Range,Refrigerator
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Breakfast Area
- Door features: Metal
- Window features: Tilt-In
- Flooring: Ceramic Tile,Wood
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 1,182
Heating & Cooling
- Heating features: Forced Air Gas
- Cooling features: Central Air,Heat Pump Electric
Interior Area
- Total structure area: 2,364
- Total interior livable area: 1,182 sqft
Property
Details
- Parcel number: 1160134
- Zoning: RM-1
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck,Front Porch
- Exterior features: Garden Space
- Has view: Yes
- View description: Sunset
- Waterfront features: Stream
Lot
- Lot size: 9,583 sqft
- Features: Sloped Down,Level
Parking
- Total spaces: 4
- Parking features: Garage Under,Paved,Off Street
- Has garage: Yes
- Covered spaces: 1
- Has uncovered spaces: Yes
- Uncovered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Strong Wind
- Cold Wave
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,744 | $20,928 |
| Home Insurance * | $131 | $1,572 |
| Property Taxes | $352 | $4,224 |
| Electricity | $202 | $2,433 |
| Total | $2,429 | $29,148 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-29 | Listed for sale | $345,000 |
| 2016-05-18 | Sold | $142,500 |
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