Seller's Agent in 2021
April McGhee
L T MCGHEE & CO
(540) 314-1475
91 Total Sales
265 Dent St Rocky Mount, VA 24151
--
Bed
--
Bath
8,800
Sq Ft
1980
Built
About This Home
As of January 202112 unit 2 bedrooms each, all brick building, Last unit rented at 650/mo. Low maintenance investment, replacement cost would be well over 1.2 million , Has a laundry mat which is not being used; but, will bring in more revenue, there is more land that possibly could be cut into lots for homes, or another apartment building, seller selling in as is condition. All units rented as of 11/11/20 per owner Price is firm
Last Agent to Sell the Property
L T MCGHEE & CO License #0225246137 Listed on: 08/30/2020
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $3,562
Year Built
- Built in 1980
Home Design
- 8,800 Sq Ft Home
- Brick Exterior Construction
- Slab Foundation
Schools
- Lee M. Waid Elementary School
- Ben Franklin Middle School
- Franklin County High School
Utilities
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 3-7
Community Details
Overview
- No Home Owners Association
- 12 Units
Amenities
- Laundry Facilities
Building Details
- 12 Leased Units
- Insurance Expense $2,435
- New Taxes Expense $3,562
- Operating Expense $18,814
- Gross Income $79,020
- Net Operating Income $60,206
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/21/2021 01/21/21 | Sold | $640,000 | -1.4% | $73 / Sq Ft | |
| 11/18/2020 11/18/20 | Pending | -- | -- | -- | |
| 08/30/2020 08/30/20 | For Sale | $649,000 | +23.6% | $74 / Sq Ft | |
| 03/15/2019 03/15/19 | Sold | $525,000 | -2.7% | $45 / Sq Ft | View Prior Sale |
| 02/20/2019 02/20/19 | Pending | -- | -- | -- | |
| 01/05/2019 01/05/19 | For Sale | $539,500 | +13.6% | $46 / Sq Ft | |
| 12/02/2015 12/02/15 | Sold | $475,000 | -9.5% | $40 / Sq Ft | View Prior Sale |
| 09/02/2015 09/02/15 | Pending | -- | -- | -- | |
| 03/23/2015 03/23/15 | For Sale | $525,000 | -- | $45 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
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 | $2,815 | $654,600 | $60,000 | $594,600 |
| 2024 | $2,815 | $654,600 | $60,000 | $594,600 |
| 2023 | $3,490 | $572,200 | $60,000 | $512,200 |
| 2022 | $3,490 | $572,200 | $60,000 | $512,200 |
| 2021 | $3,490 | $572,200 | $60,000 | $512,200 |
| 2020 | $3,490 | $572,200 | $60,000 | $512,200 |
| 2019 | $3,304 | $541,600 | $60,000 | $481,600 |
| 2018 | $3,304 | $541,600 | $60,000 | $481,600 |
| 2017 | $2,979 | $516,900 | $50,000 | $466,900 |
| 2016 | $2,979 | $516,900 | $50,000 | $466,900 |
| 2015 | $2,791 | $516,900 | $50,000 | $466,900 |
| 2014 | $2,791 | $516,900 | $50,000 | $466,900 |
| 2013 | $2,791 | $516,900 | $50,000 | $466,900 |
Source: Public Records
Agents Affiliated with this Home
-
April McGhee
-
Tammy Shepherd
Seller Co-Listing Agent in 2021
Tammy Shepherd
SHEPHERD REALTY GROUP
(540) 353-2012
266 Total Sales
-
Steve Zegarski
Buyer's Agent in 2021
Steve Zegarski
VRC PROPERTIES LLC
(540) 309-6738
45 Total Sales
-
Jason Fountain
Buyer Co-Listing Agent in 2021
Jason Fountain
VRC PROPERTIES LLC
(540) 354-6456
51 Total Sales
-
Leon McGhee
L
Buyer's Agent in 2019
Leon McGhee
L T MCGHEE & CO
(540) 343-5718
50 Total Sales
-
Adam Lynch
Seller's Agent in 2015
Adam Lynch
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
(540) 420-8657
7 in this area
64 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 872857
APN: 207 00-335 00
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