12 Village Terrace Dr, Rockingham, NC, 28379

$1,799,900

Home List Price

$10,000*

Closing Credit

32 Bedrooms
16 Full Baths
12,408 SqFt
$145/SqFt
House

Location

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12 Village Terrace Dr, Rockingham$1,799,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

ParkingDriveway
Year Built1980
HeatingCentral, Heat Pump
CoolingCentral Air, Heat Pump
MLS #4187048
StatusActive

About 12 Village Terrace Dr

This multi-unit property offers strong income potential, with each unit approx. 800 sq. ft., featuring 2 bedrooms, 1 bath. Recent capital improvements include new porches, new roofs, and a new asphalt driveway with parking pads at each unit. Select units also have had recent foundation work, interior upgrades, and new HVAC systems. The property was improved this spring with extensive tree services removing dead trees and improving curb appeal. An on-site laundromat was refreshed with new appliances. This adds a revenue stream for increased profitability. The current owner receives $250+/mo in laundry income. Located near major Rockingham attractions like Discovery Place Kids and the upcoming NASCAR Xfinity Series, the property is positioned for future growth. Tenant information and rent details will be provided for a seamless transition. This is a turnkey investment with immediate cash flow potential. Don't delay! Discover this rock solid ROI potential in Rockingham, NC today!

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Living Area: 12,408 SqFt

Listing Office:

  • Office Name: Blue Sand Realty & Design LLC
  • Office Phone: (704) 244-9662

Interior Features

Interior Information:

  • Appliances: Electric Oven, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 16
  • Total Bedroom Count: 32

Exterior Features

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Central Air, Heat Pump

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,799,900
  • Price Per SqFt: $145/SqFt

Tax Information:

  • Annual Amount: $4,577
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Rockingham, NC.

Med. Sold Price

$182.9K

Med. Price/SqFt

$121

Avg. Days On Market

51

# of Sold Homes

11

12 Village Terrace Dr vs Rockingham

83 DAYS ON ROCKET

+32 Days

$1,799,900

+$1.6M More

$145/SqFt

+$23 More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $23/SqFt more than other homes in Rockingham, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4187048

Listing Office:

  • Office Name: Blue Sand Realty & Design LLC
  • Office Phone: (704) 244-9662

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 8:21:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,577$309,562
2020$4,513$309,562
2018$4,513$309,562

History based on county public records data.

Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1075591
4
/10
  • West Rockingham Elementary School

  • 271 W US 74 Hwy

  • 1.45 miles

  • Public District Grades PK-5

school-card-donut-1075592
6
/10
  • L J Bell Elementary School

  • 442 Hawthorne Ave

  • 2.04 miles

  • Public District Grades PK-5

school-card-donut-1075593
4
/10
  • East Rockingham Elementary School

  • 154 Chalk Rd

  • 2.96 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,402. The most common annual income of people living in Rockingham, NC is between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12 Village Terrace Dr

What is the listing price of this property?

The listing price of 12 Village Terrace Dr property is $1,799,900.

What type of property is this?

The property 12 Village Terrace Dr is a house located in Rockingham, North Carolina, 28379.

Is this property for sale now?

Active Listing: 12 Village Terrace Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,577 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 12 Village Terrace Dr has 32 bedrooms and 16 bathrooms.

What is the square footage of this property?

The property 12 Village Terrace Dr is 12,408 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12 Village Terrace Dr is 1980.

Rocket HomesNorth CarolinaRichmond CountyRockingham2837912 Village Terrace Dr

This home is located at 12 Village Terrace Dr in Rockingham, NC and zip code 28379. This 12,408 square foot home was built in 1980. Features: 32 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $1,799,900.

Over 1 listings were sold over their listed price in November 2024 in Rockingham, NC. In the same period over 7 listings were sold below the listed price and 3 listings were sold for the listed price. The number of listings in Rockingham, NC decreased by 8.5% between October 2024 and November 2024. Listings spent 51 days on the market in November 2024, and had a median list price of $182,900 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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