Brad Thomas
Responds Quickly
MOUNTAIN VIEW REAL ESTATE LLC
(540) 900-1493
558 Total Sales
2 in Rocky Mount
$223K - $300K Price Range
265 Dent St Rocky Mount, VA 24151
Rocky Mount Area
--
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
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2020
Closed on
Dec 29, 2020
Sold by
Bought by
Seller's Agent
April McGhee
L T MCGHEE & CO
Buyer's Agent
Steve Zegarski
VRC PROPERTIES LLC
List Price
$649,000
Sold Price
$640,000
Premium/Discount to List
-$9,000
-1.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Outstanding Balance
$446,381
Interest Rate
2.71%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Jan 5, 2019
Closed on
Mar 7, 2019
Sold by
Bought by
Seller's Agent
Jason Fountain, CCIM
VRC PROPERTIES LLC
Buyer's Agent
Leon McGhee
L T MCGHEE & CO
List Price
$539,500
Sold Price
$525,000
Premium/Discount to List
-$14,500
-2.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%
Original Mortgage
$400,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Mar 23, 2015
Closed on
Dec 1, 2015
Sold by
Bought by
Seller's Agent
Adam Lynch
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Chris Nelson
EDWIN C HALL ASSOCIATES INC
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$332,500
Interest Rate
3.89%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 25, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Interest Rate
5.17%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 27, 2007
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Rocky Mount, VA
-
Brad Thomas
-
Glenda McDaniel
Glenda McDaniel
Responds QuicklyLONG & FOSTER - SMITH MTN LAKE
(540) 329-3952
156 Total Sales
4 in Rocky Mount
$151K - $360K Price Range
-
Thomas Fellers
Thomas Fellers
MKB, Roanoke
(540) 427-7269
222 Total Sales
1 in Rocky Mount
$215,000 Price
-
Teresa Grant
Teresa Grant
Keller Williams
(434) 300-3959
281 Total Sales
2 in Rocky Mount
$135K - $266K Price Range
-
Jeanette Handy
Jeanette Handy
Responds QuicklyFRONT PORCH REALTY
(540) 590-5978
108 Total Sales
2 in Rocky Mount
$159K - $200K Price Range
-
Rick Payne
Rick Payne
MKB, Roanoke
(540) 501-7697
86 Total Sales
2 in Rocky Mount
$8K - $185K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $640,000 | Century Title Services Inc | ||
| $525,000 | Fidelity National Ttl Ins Co | ||
| $475,000 | None Available | ||
| $575,500 | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $200,000 | ||
| Open | $512,000 | ||
| Previous Owner | $400,000 | ||
| Previous Owner | $332,500 | ||
| Previous Owner | $522,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
Seller's Agent in 2021
April McGhee
L T MCGHEE & CO
(540) 314-1475
85 Total Sales
-
Tammy Shepherd
Seller Co-Listing Agent in 2021
Tammy Shepherd
SHEPHERD REALTY GROUP
(540) 353-2012
259 Total Sales
-
Steve Zegarski
Buyer's Agent in 2021
Steve Zegarski
VRC PROPERTIES LLC
(540) 309-6738
48 Total Sales
-
Jason Fountain, CCIM
Buyer Co-Listing Agent in 2021
Jason Fountain, CCIM
VRC PROPERTIES LLC
(540) 354-6456
49 Total Sales
-
Leon McGhee
L
Buyer's Agent in 2019
Leon McGhee
L T MCGHEE & CO
(540) 343-5718
39 Total Sales
-
Adam Lynch
Seller's Agent in 2015
Adam Lynch
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
(540) 420-8657
62 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 872857
APN: 207 00-335 00
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.
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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