$1,125,000
$50K PRICE DROP

1492 Mulberry Ridge Dr Newton, NC 28658

Estimated payment $6,286/month

Total Views 5,120
15 Beds
15 Baths
1,952 Sq Ft
$576 Price per Sq Ft

Highlights

  • Deck
  • Loft
  • 1 Car Attached Garage
  • Bandys High School Rated 9+
  • Front Porch
  • Laundry Room

About This Home

Attention Investors! Five adjacent townhomes in Oak Ridge Townhomes complex to be sold together. Each spacious townhouse has 3 bedrooms (all w/ walk-in closets) and 2 1⁄2 baths. Upstairs bonus room overlooks the large living room. Efficient kitchen with eat-in area and pantry. Single attached garage and private back deck. Convenient to shopping, dining and revitalized downtown Newton. All of the units are currently rented – please do not disturb tenants. (PIN #s 374018413327, 374018413349, 374018413460, 374018413492, and 374018414414.)

Listing Agent

Mary Foster

Coldwell Banker Boyd & Hassell Brokerage Email: maryfoster.realtor@gmail.com License #295085 Listed on: 06/17/2025

Coldwell Banker Boyd & Hassell

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,877

Year Built

  • Built in 2006

Lot Details

  • Level Lot
  • Additional Parcels

HOA Fees

  • $47 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • 1,952 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Dining Area
  • Loft
  • Bonus Room
  • Vinyl Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 15 Bedrooms

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Balls Creek Elementary School
  • Mill Creek Middle School
  • Bandys High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Red Rock Management Association, Phone Number (888) 757-3376
  • Oak Ridge Townhomes Subdivision

Listing and Financial Details

  • The owner pays for management
  • Assessor Parcel Number 3740184133270000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,877

Year Built

Built in 2006

Lot Details

0

HOA Fees

$47 per month

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Fiveplex
  • Year Built: 2006
  • Road Surface Type: Concrete, Paved
  • Geocode Confidence: High
  • Attribution Contact: maryfoster.realtor@gmail.com
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Dining Area,Bonus Room,Family Room,Loft
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Owner Pays: Management
  • Above Grade Finished Sq Ft: 1952
  • Basement YN: No
  • Full Bathrooms: 10
  • Half Bathrooms: 5
  • Total Bedrooms: 15
  • Living Area: 1952
  • Building Stories: 2

Exterior Features

  • New Construction: No
  • Construction Type: Off Frame Modular
  • Construction Type: Brick Partial, Stone Veneer, Vinyl
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 271
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, On Street, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet, Main Level
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 140
  • Association Fee Frequency: Quarterly
  • Senior Community: No
  • Association Name: Red Rock Management
  • Phone: 888-757-3376
  • Association Email: support@gowithredrock.com

Association/Amenities

  • Association Annual Expense: 560.00

Schools

  • Middle Or Junior School: Mill Creek
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.2
  • Lot Size Units: Acres
  • Parcel Number: 3740184133270000
  • Additional Parcels Description: 374018413349,374018413460,374018413492,374018414414
  • Additional Parcels: Yes
  • Zoning Specification: PD-H

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Yes, Number Limit

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • Elementary School: Balls Creek
  • High School: Bandys

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,877 $221,200 $18,000 $203,200
2024 $1,877 $221,200 $18,000 $203,200
2023 $1,877 $221,200 $18,000 $203,200
2022 $1,757 $157,600 $15,000 $142,600
2021 $1,757 $157,600 $15,000 $142,600
2020 $1,757 $157,600 $15,000 $142,600
2019 $1,757 $157,600 $0 $0
2018 $1,766 $158,400 $15,000 $143,400
2017 $1,766 $0 $0 $0
2016 $1,766 $0 $0 $0
2015 $1,611 $158,400 $15,000 $143,400
2014 $1,611 $159,500 $15,000 $144,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 For Sale $245,000 -78.2% $126 / Sq Ft
07/22/2025 07/22/25 Price Changed $1,125,000 -4.3% $576 / Sq Ft
06/17/2025 06/17/25 For Sale $1,175,000 -- $602 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4272120

Canopy MLS (Canopy Realtor® Association)

APN: 3740184133270000