10812 Phillips Store Road

Closed 12/11/20
Closed 12/11/20
Gallery Image 1
Last Sold Price
$569,000
12 beds8 baths8,592 sqft$66/sqft
10812 Phillips Store Rd, Broadway, VA 22815

Description

Great investment! Seven rental mobile homes (two double wide and five single wide) on five separate parcels. Total 9.9 wooded acres. Relatively level and pleasant setting with lots of privacy in northern Rockingham County. Each unit has 3 BR and 2 Full BA. Current monthly rental income is $5,575. Rent ranges between $750 to $850. Strong cash flow with low maintenance expense. All units are fully occupied by long term tenants. Each tenant pays separate utility except water. There are separate septic...Great investment! Seven rental mobile homes (two double wide and five single wide) on five separate parcels. Total 9.9 wooded acres. Relatively level and pleasant setting with lots of privacy in northern Rockingham County. Each unit has 3 BR and 2 Full BA. Current monthly rental income is $5,575. Rent ranges between $750 to $850. Strong cash flow with low maintenance expense. All units are fully occupied by long term tenants. Each tenant pays separate utility except water. There are separate septic and two shared wells. Each unit was built from 2003 to 2010.
LISTING CLOSED: 12/11/2020 12:00 AM

  1. Listed by Jason Song • Brokerage DRE #0226004616 • Cottonwood Commercial LLC
    P: (540) 383-6692 C: (540) 383-6692 jason.song@cottonwood.com
  2. Listed by Debbie Knupp • Brokerage DRE #0226004615 • Kline May Realty
    P: (540) 820-2074 debbie.knupp@klinemay.com

Property Details for 10812 Phillips Store Road

Status
Closed
MLS #
590104
Days on Market
340
Taxes
$3,688 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Other
MLS Type
Residential / Other
Year Built
2008
Lot Size
9.90 AC / 431,244 SF
County
Rockingham County
Subdivision Name
NONE

Recent comparable sales

Median sold price

$485,000

Avg days on market

48

Sale-to-list ratio

95.5%

Broadway, VA

9 comparable properties found

1

$550,000

Sold 01/30/26

Unavailable
Bedrooms
Unavailable
Bathrooms
9,729
Square Feet
0.51
Acres

171 North Central Street, Broadway, VA 22815

$639,000 | 2770 Zion Church Road, Broadway, VA 22815
1/73
2

$639,000

Sold 09/15/25

4
Bedrooms
4,165
Square Feet
5
Acres

2770 Zion Church Road, Broadway, VA 22815

a front view of a house with a yard
1/35
3

$479,000

Sold 02/13/26

3
Bedrooms
2,085
Square Feet
0.42
Acres

573 Denali Drive, Broadway, VA 22815

a front view of house with yard and green space
1/36
4

$485,000

Sold 06/12/25

4
Bedrooms
3,197
Square Feet
0.35
Acres

320 Rayann Lane, Broadway, VA 22815

5

$430,800

Sold 06/15/26

Unavailable
Bedrooms
2
Bathrooms
2,180
Square Feet
0.64
Acres

387 Rayann Lane, Broadway, VA 22815

6

$500,000

Sold 05/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
18,421
Square Feet
0.71
Acres

536 South Main Street, Broadway, VA 22815

a front view of residential houses
1/2
7

$429,000

Sold 01/31/25

4
Bedrooms
3,537
Square Feet
0.41
Acres

332 Hope Haven Court, Broadway, VA 22815

8

$600,000

Sold 05/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
60.76
Acres

2906 Holsinger Road, Broadway, VA 22815

$424,500 | 527 Crestover Drive, Broadway, VA 22815
1/74
9

$424,500

Sold 03/30/26

4
Bedrooms
3,366
Square Feet
2.36
Acres

527 Crestover Drive, Broadway, VA 22815

Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Cottonwood Commercial LLC, Jason Song; Kline May Realty, Debbie Knupp

Sold By Weichert Realtors Nancy Beahm Real Estate, Nancy Beahm

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Building Information for 10812 Phillips Store Road

Stories-Residences7Year Built2008Lot Size9.90 AC / 431,244 SF

Payment Calculator

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$3,199 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,892

Property Taxes

$307

HOA Dues

$0

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Property Information for 10812 Phillips Store Road

Summary
Location and General Information
  • Directions: From I-81 exit 257, take VA-259 Mayland Road toward Broadway. Take left onto Phillips Store Road and drive 0.7 mile. The properties are on your left.
  • Latitude: 38.57889268
  • Longitude: -78.77561171
  • MLS Area Major: Rockingham Co NW
  • Road Frontage Type: Private Road, Public Road
  • Water Source: Shared Well
  • Year Built: 2008
Taxes and HOA
  • Association: No
  • Tax Annual Amount: $3,688
  • Tax Legal Description: Tax Map # : 66-A-L78, L78J, L78J1, L78K, and L106A
  • Tax Year: 2018
School Information
  • Elementary School: Lacey Spring
  • High School: Broadway
  • Middle Or Junior School: J. Frank Hillyard
Property
Lot Information
  • Above Grade Finished Area Source: Owner
  • Above Grade Unfinished Area Source: Owner
  • Below Grade Finished Area Source: Owner
  • Below Grade Unfinished Area Source: Owner
  • Building Area Source: Owner
  • Living Area: 8592.0
  • Living Area Source: Owner
  • Lot Size Acres: 9.9
Property and Assessments
  • Disclosures: Seller Disclosure
  • New Construction: No
  • Parcel Number: 66-A-L78, L78J, L78J1, L78K, and L106A
  • Property Sub Type: Other
  • Property Sub Type Additional: Multi Family, Other
  • Property Type: Residential
  • Zoning Description: A-2 Agricultural General
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Available
Interior and Exterior Features
Exterior Features
  • Foundation Details: Block
Interior Features
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Electric, Heat Pump
  • Heating: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 7
Unit 1
  • Unit Type Area: 1152.0
  • Unit Type Area Units: Square Feet
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Three Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Area: 1232.0
  • Unit Type Area Units: Square Feet
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Three Bedroom
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Area: 1344.0
  • Unit Type Area Units: Square Feet
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Three Bedroom
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Area: 1216.0
  • Unit Type Area Units: Square Feet
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Three Bedroom
  • Unit Type Units Total: 4
Room Information
Room Information
  • Human Modified: No
Rental
Rent Information
  • Lease Considered: No

Property History for 10812 Phillips Store Road

DateEvent & SourcePriceAppreciation
Dec 11, 2020

Sold

CAAR #590104

$569,000—
May 7, 2019

Listed (Active)

CAAR #590104

$699,000—
DateEvent & SourcePrice
12/11/2020

Sold

CAAR #590104

$569,000
05/07/2019

Listed (Active)

CAAR #590104

$699,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 10812 Phillips Store Road

Taxable ValueLand$40,000Additions$480Total$40,480
Tax Record2026$267 ($22 / month)
Home Facts
Lot Size79,453 SqFtStyleAgricultural / RuralZoningA2CountyROCKINGHAMAPN66-(A)- L78

Schools near 10812 Phillips Store Road

This home is within Rockingham County Public Schools.
Rating
School
Type
Grades
Distance
Lacey Spring Elementary School
Public - PK to 5
J. Frank Hillyard Middle School
Public - 6 to 8
Broadway High School
Public - 9 to 12
Rating
School
Distance
Lacey Spring Elementary School
PublicPK to 5

J. Frank Hillyard Middle School
Public6 to 8

Broadway High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 10812 Phillips Store Road, Broadway, VA 22815
$569,000
12
8
8,592
431,244
2165 Precision Lane, Broadway, VA 22815
$569,000
–
–
–
143,966
2127 Spitzer Road, Broadway, VA 22815
–
3
2
1,792
43,560
10823 Phillips Store Road, Broadway, VA 22815
$65,000
3
1
1,029
13,329
10799 Phillips Store Road, Broadway, VA 22815
–
3
3
1,762
52,185
10853 Phillips Store Road, Broadway, VA 22815
–
3
1
1,683
24,350

Explore Nearby Homes

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Listing Courtesy of Cottonwood Commercial LLC, Jason Song; Kline May Realty, Debbie Knupp

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.