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Backup Offers

506 Atlantic Ave, Rocky Mount, NC, 27801

$40,000

Home List Price

$475*

Closing Credit

3 Bedrooms
1 Full Bath
1,560 SqFt
$26/SqFt
House
Schools Nearby

Location

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506 Atlantic Ave, Rocky Mount$40,000

Buyer Closing Credits

$475*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDirt
Year Built1920
HeatingFloor Furnace
CoolingNone
FireplaceNone
MLS #100431070
Lot Size0.21 Acres
StatusAccepting Backup Offers
(Pending with Showings)

About 506 Atlantic Ave

Home is being sold as is. This is a great 3 bedroom 1 bath renovation project for investors looking to rehab. in the downtown area. This property is located off 64 E bypass and in walking distance to the New Event Center.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,560 SqFt

Listing Office:

  • Office Name: Royal Real Estate Service LLC

Interior Features

Interior Information:

  • Flooring Type: Carpet, Wood
  • Interior: Gas Logs
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Dirt

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Rocky Mount High School, Public District Grades 9-12
  • Rocky Mount Middle School, Public District Grades 6-8
  • D. S. Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: Take Hwy 64 East to Atlantic Avenue and turn left and the home will be on the right pass the first stop light.

Price Information

Listing Price Info

Price Summary:

  • List Price: $40,000
  • Price Per SqFt: $26/SqFt

Tax Information:

  • Annual Amount: $626
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Rocky Mount, NC.

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Rocky Mount, NC

City

Med. Sold Price

$206.9K

Med. Price/SqFt

$127

Avg. Days On Market

66

# of Sold Homes

57

506 Atlantic Ave vs Rocky Mount

52 DAYS ON ROCKET

-14 Days

$40,000

-$166.9K Less

$26/SqFt

-$101 Less

KEY TAKEAWAY

This property is $166.9K less than the Median Sold Price and $101/SqFt less than other homes in Rocky Mount, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100431070

Listing Office:

  • Office Name: Royal Real Estate Service LLC

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 10:25:18 AM 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
2020$626 -
2019$363$38,295
2018$364$38,295
2017$364$38,295

History based on county public records data.

Payment Calculator

$267

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$186

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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.

Elementary School

school-card-donut-1178033
3
/10

  • D. S. Elementary School

  • 600 N Fairview Rd

  • 1.12 miles

  • Public District Grades 3-5

Middle School

school-card-donut-1178034
2
/10

  • Rocky Mount Middle School

  • 841 Nash St

  • 1.05 miles

  • Public District Grades 6-8

High School

school-card-donut-1178035
1
/10

  • Rocky Mount High School

  • 1400 Bethlehem Rd

  • 2.59 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,683. The majority of Rocky Mount, NC residents have income less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 Atlantic Ave

What is the listing price of this property?

The listing price of 506 Atlantic Ave property is $40,000.

What type of property is this?

The property 506 Atlantic Ave is a house located in Rocky Mount, North Carolina, 27801.

Is this property for sale now?

Accepting Backup Offers: 506 Atlantic Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 506 Atlantic Ave are:
D. S. Elementary School: GreatSchools Rating 3/10
Rocky Mount Middle School: GreatSchools Rating 2/10
Rocky Mount High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $626 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 506 Atlantic Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 506 Atlantic Ave is 1,560 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Atlantic Ave is 1920.

Rocket Homes›North Carolina›Edgecombe County›Rocky Mount›27801›506 Atlantic Ave

This home is located at 506 Atlantic Ave in Rocky Mount, NC and zip code 27801. This 1,560 square foot home, which was built in 1920, sits on a 0.21 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $40,000.

While more than 5 listings in Rocky Mount, NC in March 2024 were sold above asking price, there were more than 14 listings sold at asking price, and more than 38 were sold below. The number of homes for sale in Rocky Mount, NC increased by 0.7% between February 2024 and March 2024. The median list price of listings available in March 2024 was $206,914, while the average time on the real estate market was 66 days.

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

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