NOT LISTED FOR SALE

1003 Brown Hill Rd Ferrum, VA 24088

Estimated Value: $119,000 - $144,000

27.93 Acres
$4,684 Price per Acre
1,216,631 Sq Ft Lot

Last Sold July 27, 2020

Last sale price $77,000

Est. 70% increase in value since last sale

Current estimated payment $712/month

28 Days on Market

Highlights

  • Horses Allowed On Property
  • Secluded Lot
  • Wooded Lot
  • 27.93 Acre Lot
  • Stream or River on Lot
  • No HOA

About This Lot

As of July 2020

Very private, peaceful setting! 27.93 acres with spring that produces a bold stream. Cabin on property is conveying AS-IS, but has electricity, some plumbing, and offers 1 bedroom and 1 bathroom. Workshop, tool shed, and other buildings on property that could be nice with some TLC. Several black walnut trees, persimmon trees, and peach trees on property. Purchaser responsible for well and septic.

Last Agent to Sell the Property

Billy Kingery

MOUNTAIN TO LAKE REALTY License #0225171683 Listed on: 06/01/2020

Co-Listed By

Julie Kingery

MOUNTAIN TO LAKE REALTY License #0225175848

Last Buyer's Agent

Oscar Robertson

JEFF DAVIS & ASSOCIATES, LLC License #0225186235

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $382

Lot Details

  • 27.93 Acre Lot
  • Secluded Lot
  • Gentle Sloping Lot
  • Wooded Lot
  • Property is zoned NZ

Schools

  • Ferrum Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Utilities

  • Spring water is a source of water for the property
  • Sewer Not Available

Additional Features

  • Horses Allowed On Property
  • Mobile Home Allowed

Listing and Financial Details

  • Tax Lot B-2

Community Details

Overview

  • No Home Owners Association

Recreation

  • Stream or River on Lot
  • Separate Outdoor Workshop

Property Details

Property Type

Land

Est. Annual Taxes

$382

Lot Details

0

Listing Details

  • Type: Land
  • ElectricDescription: Available
  • Internet Access: Undetermined
  • Land Sub Type: Residential - Single Family
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: None
  • Water Description: Spring

Association/Amenities

  • Misc Features: Horses Permitted, Stream

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Gentle Slope, Varied
  • Total Acreage: 27.93
  • Lot: B-2
  • Land Type: Land (Acreage)
  • ZoningCode: NZ

Tax Info

  • Taxes (6 mo): 382.47

MLS Schools

  • Elementary School: Ferrum
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Jul 24, 2020
Sold by
Jones Mary Sandra
Bought by
Halterman Russell Sidney and Halterman Rene Foreman
Seller's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Oscar Robertson
JEFF DAVIS & ASSOCIATES, LLC
List Price
$85,000
Sold Price
$77,000
Premium/Discount to List
-$8,000
-9.41%
Current Estimated Value
$130,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,820
Avg. Annual Appreciation
10.17%
Original Mortgage
$61,600
Outstanding Balance
$54,604
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving
Estimated Equity
$76,216

Purchase Details

Closed on
May 12, 2020
Sold by
Jones Charles T
Bought by
Jones Mary Sandra

Purchase Details

Closed on
Apr 1, 2015
Sold by
Jones Carl D and Jones Mary Sandra
Bought by
Jones Charles T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Halterman Russell Sidney $77,000 Fidelity National Ttl Ins Co
Jones Mary Sandra -- None Available
Jones Charles T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halterman Russell Sidney $61,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2020 07/27/20 Sold $77,000 -9.4% --
06/29/2020 06/29/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $85,000 -- --
Source: Roanoke Valley Association of REALTORS®

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
2025 $338 $78,600 $58,100 $20,500
2024 $338 $78,600 $58,100 $20,500
2023 $181 $62,700 $54,100 $8,600
2022 $181 $62,700 $54,100 $8,600
2021 $181 $62,700 $54,100 $8,600
2020 $181 $62,700 $54,100 $8,600
2019 $174 $61,600 $54,100 $7,500
2018 $174 $61,600 $54,100 $7,500
2017 $157 $62,200 $54,100 $8,100
2016 $157 $62,200 $54,100 $8,100
2015 $159 $62,200 $54,100 $8,100
2014 $159 $63,500 $55,400 $8,100
2013 $159 $63,500 $55,400 $8,100
Source: Public Records

Agents Affiliated with this Home

  • Billy Kingery

    Seller's Agent in 2020

    Billy Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 420-2030

    404 Total Sales

    Billy Kingery
    Section Image
  • Julie Kingery

    Seller Co-Listing Agent in 2020

    Julie Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 420-0738

    241 Total Sales

    Julie Kingery
    Section Image

  • O

    Buyer's Agent in 2020

    Oscar Robertson

    JEFF DAVIS & ASSOCIATES, LLC

    (434) 250-9288

    56 Total Sales

    Oscar Robertson
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 869920

Roanoke Valley Association of REALTORS®

APN: 1000007002A

Virginia Franklin County Ferrum 24088

1003 Brown Hill Rd, Ferrum, VA

Not Listed for Sale

Lots

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