NOT LISTED FOR SALE
Studio
26 Baths
22,100 Sq Ft
3.73 Acre Lot

Sale Details

Date Sold: March 1, 2021

Last sale price $800,000 $36 Per Sq Ft

365 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 1-Story Property

About This Home

As of March 2021

Multi family apartment complex conveniently located in Rockingham's Historic District with over two years of proven rental history for renovated units, no vacancies. Ready for a general contractor/investor to renovate the remaining 5 buildings (20 units) to triple the earning potential. Unique opportunity to have the security of 8 income producing rental units, while completing renovations on remaining units. Lots of open land available to add ramadas, garden area, etc. 8- 2 Bed, 1 Bath units renovated in 2017. Granite Countertops, Mosaic Tile Backsplash, & Stainless Appliances.Potential for ~20 additional units in remaining 5 buildings after renovations.

Last Agent to Sell the Property

Melissa Mulloy

Towering Pines Real Estate License #309779 Listed on: 03/10/2020

Last Buyer's Agent

Allan Nanney

Towering Pines Real Estate License #149569

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 3.73 Acre Lot
  • Corner Lot

Interior Spaces

  • 1-Story Property

Community Details

  • No Home Owners Association
  • 29 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

3.73 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1941
  • Original List Price: 895000.00
  • Is New Construction?: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Bathrooms Total Source: MLS

Garage/Parking

  • Has Attached Garage?: No
  • Has Attached Garage?: No

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Source: Public
  • Sewer Provider: Municipal Sewer

Condo/Co-op/Association

  • Has H O A?: No

Lot Info

  • Deed Book: 1740
  • Deed Page: 25.00
  • Lot Features: Corner Lot
  • Lot Size Acres: 3.73
  • Lot Size: Irregular, see Documents
  • Lot Size Sq Ft: 162478.80
  • Purchase Contract Date: 2020-12-08

Tax Info

  • Tax Year: 2019
  • Total City Real Estate Property Tax: 6834.00
  • Tax Map Number: 747309053306

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
Mar 10, 2020
Closed on
Feb 16, 2021
Sold by
Bp Financial Inc
Bought by
Seller's Agent
Melissa Mulloy
Towering Pines Real Estate
Buyer's Agent
Allan Nanney
Towering Pines Real Estate
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$337,688
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2016
Sold by
Mccravy James A and Mccravy Maxine S
Bought by
Bp Financial Inc 401K Plan

Purchase Details

Closed on
Sep 13, 2006
Sold by
Ib Property Holdings Llc
Bought by
Mcravy James A and Mcravy Maxine S

Purchase Details

Closed on
Jun 6, 2006
Sold by
Hunter & Mccargo Llc
Bought by
Ib Property Holdings Llc
Source: Public Records

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
$800,000 None Available
Bp Financial Inc 401K Plan $187,425 None Available
Mcravy James A $625,000 None Available
Ib Property Holdings Llc $620,000 --
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 $675,000
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
03/01/2021 03/01/21 Sold $800,000 0.0% $36 / Sq Ft
03/01/2021 03/01/21 Sold $800,000 -27.3% $36 / Sq Ft View Prior Sale
01/30/2021 01/30/21 Pending -- -- --
12/08/2020 12/08/20 Pending -- -- --
01/15/2020 01/15/20 For Sale $1,100,000 +37.5% $50 / Sq Ft
12/09/2019 12/09/19 For Sale $800,000 -- $36 / Sq Ft
Source: Hive MLS

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 $11,340 $949,904 $615,450 $334,454
2024 $11,530 $949,904 $615,450 $334,454
2023 $11,107 $823,356 $615,450 $207,906
2022 $11,107 $823,356 $615,450 $207,906
2021 $10,975 $823,356 $615,450 $207,906
2020 $10,843 $823,356 $615,450 $207,906
2019 $10,843 $823,356 $615,450 $207,906
2018 $10,843 $823,356 $615,450 $207,906
2016 $11,226 $29,996 $0 $29,996
2014 -- $923,202 $594,827 $328,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 197809

Hive MLS

APN: 747309-05-3306

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