tomo logo

$120,000

Beds
4
Baths
1.5
sq ft
1,663

405 Richmond Road, Rockingham, NC 28379

405 Richmond Road

Rockingham, NC 28379

  • 96 days on market
    • Price drop $10,000↓
Opportunity knocks at this four-bedroom residence! While it offers convenience to city schools, shopping, dining, and entertainment the home offers a homey charm with an intimate living room fireplace located off of the kitchen dining room combo. This charismatic property is ideal for investors looking to grow their portfolio or buyers ready to create their own unique retreat.

Details

Property type

Single Family Residence

Est. home value

$143,094

Lot size

0.28 acres

Price per sq ft

$73

Year built

1935

Price History

02/21/2025
NorthCarolinaRegional

NorthCarolinaRegional #100476874

Price change
$120,000
-7.69%
01/27/2025
NorthCarolinaRegional

NorthCarolinaRegional #100476874

Price change
$130,000
-13.33%
01/13/2025
NorthCarolinaRegional

NorthCarolinaRegional #100476874

Price change
$150,000
-6.25%

Schools & Community

Elementary school: 

LJ Bell Elementary

Middle school: 

Rockingham Middle

High school: 

Richmond Senior High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$19,435
Asking price
$120,000
Closing costs (~8% of asking)
-$9,600
Est. remaining loan balance
-$90,965
Cash to seller
$19,435

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

September 2021

Original loan amount

$98,188

Est. remaining balance

$90,965

Interest rate

2.87%

Loan type

FHA, 30 year

Seller

Tijuana L Mcneil

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/24/2025 at 4:55 AM

Listing updated: 02/21/2025 at 10:12 AM

Listed by: Brenda Alfonso-Hines, Premier Real Estate of the Sandhills LLC Phone #: (910) 692-1760

MLS: NorthCarolinaRegional #100476874

NorthCarolinaRegional logo

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