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1216 Grayson Ave NW, Roanoke, VA, 24017

3beds
1baths
968sqft
$179,595
$186price/sqft
$1,390/moest. monthly cost
$55,600/yrincome needed

About This Home

Occupied - Lease end 3/31/27

Getting Around

42
WalkingCar-Dependent
34
TransitSome Transit
54
BikeBikeable

Schools

3/10
2/10
2/10

Construction

Condition

  • Property condition: Completed
  • Year built: 1952

Materials

  • Construction materials: Vinyl,Wood

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedroom1

  • Level: E

Bedroom2

  • Level: E

Bedroom3

  • Level: U

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Carpet,Wood
  • Finished area above ground: 968

Heating

  • Heating features: Forced Air Gas

Interior Area

  • Total structure area: 968
  • Total interior livable area: 968 sqft

Kitchen

  • Level: E

Living Room

  • Level: E

Property

Details

  • Parcel number: 2231319

Features

  • Levels: One and One Half
  • Stories: 1

Lot

  • Lot size: 6,534 sqft
  • Lot size dimensions: 50x130

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
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Cold Wave
Inland Flooding
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $908$10,896
Home Insurance *$98$1,176
Property Taxes $182$2,184
Electricity $202$2,433
Total$1,390$16,680
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$47,657/yr
40% on housing$41,700/yr
45% on housing$37,066/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

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.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$186This listing

vs Other Active Listings

Avg $/sqft

ZIP 24017$96
Roanoke City$133

vs Homes Sold Last Month

Median $/sqft

ZIP 24017$114
Roanoke City$124

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

DateEventPrice
2026-02-05Price change$179,595
2026-01-05Price change$183,260
2025-11-12Listed for sale$187,000
2020-03-02Listing removed$725
2019-11-14Listed for rent$775
2016-08-19Sold$28,000
2016-06-11Listed for sale$37,900
2012-03-07Listing removed$35,000
2012-03-06Listed for sale$35,000
2010-06-13Listing removed$28,000
2010-03-16Price change$28,000
2010-02-08Price change$31,500
2009-12-27Listed for sale$35,000

For Sale by Agent

AgentCOURTNEE W BISHOP
BrokerageMKB, REALTORS(r)

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