NOT LISTED FOR SALE

5151 Halifax Rd Halifax, VA 24558

Estimated Value: $266,000 - $361,000

12 Beds
6 Baths
5,000 Sq Ft
$63/Sq Ft Est. Value

Last Sold November 20, 2024

Last sale price $430,000 $86 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $1,726/month

32 Days on Market

About This Home

As of November 2024

CASH FLOW OPPORTUNITY!! Discover a remarkable investment opportunity with this versatile property featuring a charming brick rancher, two inviting cottages, three well-maintained trailers, and a lot rent, all generating steady income. Conveniently located across from the Halifax Country Club, this property offers easy access to both South Boston and Halifax. Currently, all units are leased, producing an impressive total of $5,300 per month. Additionally, there’s space to add or build another dwelling, enhancing your investment potential. Inside photos avalible. Don’t miss this incredible opportunity—contact your agent today to schedule a viewing!

Last Agent to Sell the Property

Shaelyn Badeaux

RE/MAX Advantage Plus License #0225260886 Listed on: 09/27/2024

RE/MAX Advantage Plus

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,338

Year Built

  • Built in 1960

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 5,000 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Halifax Elementary And Middle School
  • Halifax High School

Listing and Financial Details

  • Assessor Parcel Number 12580

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,338

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1960
  • Ownership: Other
  • Subdivision Name: None
  • Architectural Style: Modular/Prefab, Other, Ranch
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Approximate
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement: Full
  • Basement YN: Yes
  • Living Area: 5000.0
  • Stories: 1

Exterior Features

  • Roof: Composition, Metal, Other
  • Waterfront: No
  • Disclosures: Familial Relation
  • Construction Type: Brick, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Halifax

Lot Info

  • Parcel Number: 12580
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1338.45

Multi Family

  • Number Of Units Total: 1

MLS Schools

  • Elementary School: Halifax
  • High School: Halifax

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Nov 14, 2024
Sold by
Jnb Holdings Llc
Bought by
Srj Properties Llc
Seller's Agent
Shaelyn Badeaux
RE/MAX Advantage Plus
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$479,999
Sold Price
$430,000
Premium/Discount to List
-$49,999
-10.42%
Views
36
Current Estimated Value
$313,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$116,500
Avg. Annual Appreciation
-24.58%

Purchase Details

Closed on
Nov 4, 2022
Sold by
Giordano Salvatore L
Bought by
Jne Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.36%
Mortgage Type
New Conventional
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
Srj Properties Llc $430,000 None Listed On Document
Srj Properties Llc $430,000 None Listed On Document
Jne Holdings Llc $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jne Holdings Llc $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2024 11/20/24 Sold $430,000 -10.4% $86 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $479,999 -- $96 / Sq Ft
Source: Central Virginia Regional MLS

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 $1,055 $211,013 $14,500 $196,513
2024 $1,054 $210,790 $14,500 $196,290
2023 $970 $193,978 $14,500 $179,478
2022 $976 $195,140 $14,500 $180,640
2021 $966 $193,297 $14,500 $178,797
2020 $966 $193,297 $14,500 $178,797
2019 $969 $193,794 $14,500 $179,294
2018 $930 $193,794 $14,500 $179,294
2016 $930 $193,794 $14,500 $179,294
2015 $930 $188,592 $14,500 $174,092
2014 $868 $188,592 $14,500 $174,092
2013 $874 $194,247 $14,500 $179,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2425855

Central Virginia Regional MLS

APN: 12580