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720 Riverland Rd SE, Roanoke, VA, 24014

3beds
2baths
1,651sqft
$270,000
$164price/sqft
$1,946/moest. monthly cost
$77,840/yrincome needed

About This Home

Fresh interior paint and beautifully refinished original hardwood floors highlight the timeless character of this spacious 3-bedroom, 2 full bath home, conveniently located just minutes from Carilion, downtown Roanoke, shopping & dining. Classic charm shines throughout with high ceilings, oversized windows, original trim, French doors, and generous room sizes.The kitchen features stainless steel appliances, abundant cabinetry, a butcher block island, pantry cabinet, and modern fixtures. A dedicated office or flex room with custom built-in shelving and an off kitchen built-in desk provide ideal spaces for working from home or hobbies. Upstairs offers three spacious bedrooms with large closets and a full bath, while the main level includes a second remodeled full bath. Outside, enjoy a welcoming covered front porch with brick columns and a large, level fenced backyard shaded by mature trees--perfect for entertaining, pets or gardening. With its low-maintenance brick & vinyl exterior, updated windows, central heating & cooling, and a blend of historic character and modern updates, this move-in ready home offers exceptional value in one of Roanoke's most convenient locations.

Getting Around

28
WalkingCar-Dependent
31
TransitSome Transit
31
BikeSomewhat Bikeable

Schools

4/10
3/10
Patrick Henry High SchoolGrades 9-123.0 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1923

Materials

  • Construction materials: Brick,Vinyl

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Washer,Dishwasher,Electric Range,Refrigerator

Basement

  • Has basement: Yes

Bedroom1

  • Level: U

Bedroom2

  • Level: U

Bedroom3

  • Level: U

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: E

Features

  • Breakfast Area,Storage
  • Door features: Metal
  • Flooring: Ceramic Tile,Vinyl,Wood
  • Finished area above ground: 1,651

Heating & Cooling

  • Heating features: Forced Air Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,651
  • Total interior livable area: 1,651 sqft

Kitchen

  • Level: E

Laundry

  • Level: L

Living Room

  • Level: E

Office

  • Level: E

Property

Details

  • Parcel number: 4160223

Features

  • Levels: One and One Half
  • Stories: 1
  • Exterior features: Garden Space
  • Fencing: Fenced

Lot

  • Lot size: 6,969 sqft

Parking

  • Parking features: Paved

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

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

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Cold Wave
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 $1,365$16,380
Home Insurance *$102$1,224
Property Taxes $277$3,324
Electricity $202$2,433
Total$1,946$23,352
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,720/yr
40% on housing$58,380/yr
45% on housing$51,893/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

$164This listing

vs Other Active Listings

Avg $/sqft

ZIP 24014$183
Roanoke City$133

vs Homes Sold Last Month

Median $/sqft

ZIP 24014$161
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
2026-08-12Price change$262,500
2026-07-24Listed for sale$270,000
2017-08-22Sold$53,200

For Sale by Agent

AgentWALTER GREWE
BrokerageWAINWRIGHT & CO., REALTORS(r)

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