NOT LISTED FOR SALE

100 Thompson Ridge Cir Ferrum, VA 24088

Estimated Value: $157,573

12.02 Acres
$13,109 Price per Acre
523,591 Sq Ft Lot

Last Sold November 15, 2023

Last sale price $135,000

Est. 17% increase in value since last sale

Current estimated payment $870/month

17 Days on Market

Highlights

  • Partially Wooded Lot
  • No HOA
  • Lot Has A Rolling Slope

About This Lot

As of November 2023

Ready to build! This picturesque 12 acre parcel of gently sloping, mostly wooded land has a large private pond & cleared building site with new 20+ gallon-per-minute well & 3 bedroom septic already installed! There is a road bed in & through the property. No deed restrictions means you can feel free to setup your own retreat with a camper or yurt nestled in the woods & enjoy the privacy & nature surrounding you or build your dream home in the mountains. Conveniently located only 5 miles from Ferrum College, 10 min from Philpott Lake, 15 min from Fairystone State Park or the Historic Blue Ridge Parkway, 20 min from Rocky Mount, 30 min from downtown Floyd & 50 min from Roanoke. 3 culverts provide excellent water flow and protect the rock base road down to the pond. Nice mix of hardwoods make for a lovely leaf change in the Fall. Additional building sites available. The metal shed & floating dock will convey. Make an appointment to view this land in person today!

Last Agent to Sell the Property

Kelly Thomas

Thomas & Wall Real Estate LLC License #325411 Listed on: 09/29/2023

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $207

Lot Details

  • 12.02 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Utilities

  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0940008400
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$207

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 12.02
  • Road Frontage Type: 2-Lane, Public
  • Road Surface Type: Paved
  • Directions: From stoplight in Floyd, take East Main St (Rte 221), Right on Barberry Rd, Left on New Haven Rd, Right on Shooting Creek Rd, Left on Franklin St, Right on Thompson Ridge Rd, Left on Thompson Ridge Circle. Property on Right at sign
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Recreational, Single Family

Exterior Features

  • Lot Features: Partially Wooded, Rolling Slope, Rural, Sloped, Wooded

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Wooded Area: 392040
  • Parcel #: 0940008400
  • Zoning: None
  • TRIADMLS_PricePerAcre: 11231.2812
  • TRIADMLS_DeedPage: 233
  • TRIADMLS_DeedBook: 1185
  • TRIADMLS_AcresRange: 11 - 13

Tax Info

  • Tax Annual Amount: 207.4
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Oct 31, 2023
Sold by
Miller Jasmine Jaye
Bought by
Herr Michael L
Seller's Agent
Kelly Thomas
Thomas & Wall Real Estate LLC
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$139,000
Sold Price
$135,000
Premium/Discount to List
-$4,000
-2.88%
Views
155
Current Estimated Value
$157,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,573
Avg. Annual Appreciation
4.34%
Original Mortgage
$101,250
Outstanding Balance
$99,940
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$45,667

Purchase Details

Closed on
May 20, 2022
Sold by
Jo Valek Stephanie
Bought by
Miller Jasmine Jaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2021
Sold by
Talley William B and Talley Judy S
Bought by
Miller Jasmine Jaye and Valek Stephanie Jo
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Herr Michael L $135,000 Pike Title
Miller Jasmine Jaye $30,000 Fidelity National Title
Miller Jasmine Jaye $62,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herr Michael L $101,250
Previous Owner Miller Jasmine Jaye $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $135,000 -2.9% --
10/17/2023 10/17/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $139,000 -- --
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $146 $34,000 $34,000 $0
2023 $207 $34,000 $34,000 $0
2022 $207 $34,000 $34,000 $0
2021 $207 $34,000 $34,000 $0
2020 $207 $34,000 $34,000 $0
2019 $207 $34,000 $34,000 $0
2018 $207 $34,000 $34,000 $0
2017 $187 $34,000 $34,000 $0
2016 $187 $34,000 $34,000 $0
2015 $184 $34,000 $34,000 $0
2014 $184 $34,000 $34,000 $0
2013 $184 $34,000 $34,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Thomas

    Seller's Agent in 2023

    Kelly Thomas

    Thomas & Wall Real Estate LLC

    (540) 808-7490

    172 Total Sales

    Kelly Thomas
    Section Image

  • N

    Buyer's Agent in 2023

    NONMEMBER NONMEMBER

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Map

Source: Triad MLS

MLS Number: 1119252

Triad MLS

APN: 0940008400

Virginia Franklin County Ferrum 24088

100 Thompson Ridge Cir, Ferrum, VA

This home is located at 100 Thompson Ridge Cir, Ferrum, VA 24088 since 29 September 2023 and is currently estimated at $157,573. 100 Thompson Ridge Cir is a home located in Franklin County with nearby schools including Ferrum Elementary School, Benjamin Franklin Middle School, and Franklin County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

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