NOT LISTED FOR SALE

150 Diamond Ave Rocky Mount, VA 24151

Estimated Value: $286,000 - $396,000

3 Beds
3 Baths
2,260 Sq Ft
$142/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $80,000 $35 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $1,721/month

20 Days on Market

Highlights

  • No HOA
  • Tankless Water Heater
  • Ceiling Fan
  • Walk-In Closet
  • Storage
  • High Speed Internet

About This Home

As of October 2017

Great opportunity to own investment property. This property has 3 apartment units. All separately metered. Located in the Town of Rocky Mount and close to all amenities including the Harvester music venue. Public water/sewer and trash pickup. Apt A- 3 Bedrooms/1 Bath, laminate flooring. Apt B- 1 Bedroom/1 Bath, hardwood floors. Apt C- 1 Bedroom/1 Bath, carpet in living areas and tile in kitchen and bath. Property has large backyard and off street parking. Two units have tankless water heaters and the third unit has a tank. Each has its own heat pump. Sold ''AS IS.'' Bank Owned property. All information is deemed reliable but not guaranteed, and should be independently verified by buyer.

Last Agent to Sell the Property

Lucinda Scruggs

QUALITY REALTY License #0225185148 Listed on: 09/13/2017

Last Buyer's Agent

Bob Parcell

MOUNTAIN TO LAKE REALTY License #0225082024

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $912

Year Built

  • Built in 1925

Lot Details

  • 0.31 Acre Lot

Home Design

  • Stone Siding

Interior Spaces

  • Walk-In Closet
  • 2,260 Sq Ft Home
  • Ceiling Fan
  • Storage
  • Crawl Space

Schools

  • Lee M. Waid Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Utilities

  • Heat Pump System
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tenant pays for - see remarks
  • Tax Lot Tract C

Property Details

Home Type

Apartment

Est. Annual Taxes

$912

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Storage, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: Heat Pump Electric
  • Internet Access: Cable, DSL
  • Major Area: 04 - Franklin County
  • NumberUnfurnished: 3.00
  • Hoa2 Or Poa: No
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank-less

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.31
  • Lot: Tract C
  • ZoningCode: R2

Building Info

  • Year Built: 1925

Tax Info

  • Taxes (6 mo): 912.00

Multi Family

  • Tenant Pays: Other - See Remarks
  • Units In Building: 3.00
  • Multi Family Type: Apartments

MLS Schools

  • Elementary School: Lee M. Waid
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2017
Closed on
Oct 19, 2017
Sold by
American National Bank And Trust Co
Bought by
Dc Holdings Of Virginia Inc
Seller's Agent
Lucinda Scruggs
QUALITY REALTY
Buyer's Agent
Bob Parcell
MOUNTAIN TO LAKE REALTY
List Price
$105,000
Sold Price
$80,000
Premium/Discount to List
-$25,000
-23.81%
Current Estimated Value
$311,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,155
Avg. Annual Appreciation
18.39%

Purchase Details

Listed on
Sep 13, 2017
Closed on
Aug 30, 2017
Sold by
Jkr Holdings Inc
Bought by
American National Bank And Trust Company
Seller's Agent
Lucinda Scruggs
QUALITY REALTY
Buyer's Agent
Bob Parcell
MOUNTAIN TO LAKE REALTY
List Price
$105,000
Sold Price
$80,000
Premium/Discount to List
-$25,000
-23.81%

Purchase Details

Closed on
Mar 14, 2011
Sold by
Randall Peggy Jane
Bought by
Jkr Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
5.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 18, 2007
Sold by
Tim Youngs Painting Llc
Bought by
Randall Peggy Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,356
Interest Rate
6.19%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dc Holdings Of Virginia Inc $80,000 None Available
American National Bank And Trust Company $78,000 None Available
Jkr Holdings Inc $106,000 --
Randall Peggy Jane $99,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jkr Holdings Inc $106,000
Previous Owner Randall Peggy Jane $98,356
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2017 10/27/17 Sold $80,000 -23.8% $35 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $105,000 -- $46 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

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 $1,254 $291,700 $26,000 $265,700
2024 $1,254 $291,700 $26,000 $265,700
2023 $897 $147,000 $23,000 $124,000
2022 $897 $147,000 $23,000 $124,000
2021 $897 $147,000 $23,000 $124,000
2020 $897 $147,000 $23,000 $124,000
2019 $817 $134,000 $22,000 $112,000
2018 $817 $134,000 $22,000 $112,000
2017 $737 $118,900 $22,000 $96,900
2016 $737 $118,900 $22,000 $96,900
2015 $642 $118,900 $22,000 $96,900
2014 $642 $118,900 $22,000 $96,900
2013 $642 $118,900 $22,000 $96,900
Source: Public Records

Agents Affiliated with this Home

  • Lucinda Scruggs

    Seller's Agent in 2017

    Lucinda Scruggs

    QUALITY REALTY

    (540) 814-1230

    16 in this area

    123 Total Sales

    Lucinda Scruggs
    Section Image
  • Bob Parcell

    Buyer's Agent in 2017

    Bob Parcell

    MOUNTAIN TO LAKE REALTY

    (540) 483-5566

    52 in this area

    201 Total Sales

    Bob Parcell
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 841366

Roanoke Valley Association of REALTORS®

APN: 2070026400

Virginia Franklin County Rocky Mount 24151

150 Diamond Ave, Rocky Mount, VA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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