NOT LISTED FOR SALE

101 Ferrum Forest Ln Ferrum, VA 24088

Estimated Value: $292,803 - $318,000

3 Beds
2 Baths
1,352 Sq Ft
$224/Sq Ft Est. Value

Last Sold November 19, 2014

Last sale price $132,000 $98 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,680/month

14 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Ranch Style House
  • 5.15 Acre Lot
  • Den with Fireplace
  • No HOA

About This Home

As of November 2014

Brick ranch on 5 acres. Beautiful views of surrounding mountains. Only minutes to Ferrum College. One owner property. Located in a private serene setting. Lovely brick woodburning fireplace in den. Also fireplace in lower level. New laminate flooring throughout living area. Full walkout basement with roughed in full bath. Long road frontage on Ferrum Mountain Road. Covered porch.

Last Agent to Sell the Property

Billy Kingery

MOUNTAIN TO LAKE REALTY License #0225171683 Listed on: 09/15/2014

Last Buyer's Agent

Bob Parcell

MOUNTAIN TO LAKE REALTY License #0225082024

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $735

Year Built

  • Built in 1976

Lot Details

  • 5.15 Acre Lot
  • Property fronts a private road
  • Gentle Sloping Lot
  • Garden

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,352 Sq Ft Home
  • Ceiling Fan
  • Flue
  • Fireplace Features Blower Fan
  • Fireplace Features Masonry
  • Sliding Doors
  • Den with Fireplace
  • 2 Fireplaces
  • Storage
  • Laundry on main level
  • Mountain Views
  • Electric Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Parking

  • 1 Parking Space
  • Attached Carport

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Additional Features

  • Horses Allowed On Property
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$735

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Flue Available, Masonry Fireplace, Storage
  • Heating System: Forced Air Oil
  • Fireplace(s): Basement, Den
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Garden Space, Patio, Storage Shed
  • Views: Mountain
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1352.00
  • ExteriorDoors: Full View, Sliding
  • Fireplace Number Fireplaces: 2
  • LaundryLaundryLowerLevel: 1
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Ferrum Forest
  • Total Above Grd Fin S Q F T: 1352
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1352.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: PrivSept-permit unav
  • Water Description: Private Well

Association/Amenities

  • Misc Features: Fireplace Blower, Horses Permitted, Private Road

Lot Info

  • Lot Description: Gentle Slope, Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 5.15
  • Lot: 6
  • ZoningCode: NZ

Rental Info

  • Tenant: Rancy Perdue

Building Info

  • Year Built: 1976

Tax Info

  • Taxes (6 mo): 735.00

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
Sep 15, 2014
Closed on
Nov 3, 2014
Sold by
Joyce Sue Tyree and Tyree Bertha D
Bought by
Bowman Darin and Bowman Kayla Sue
Seller's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Bob Parcell
MOUNTAIN TO LAKE REALTY
List Price
$154,900
Sold Price
$132,000
Premium/Discount to List
-$22,900
-14.78%
Current Estimated Value
$302,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,451
Avg. Annual Appreciation
7.73%
Original Mortgage
$125,400
Outstanding Balance
$96,108
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$206,343
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bowman Darin $132,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Darin $125,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2014 11/19/14 Sold $132,000 -14.8% $98 / Sq Ft
09/29/2014 09/29/14 Pending -- -- --
09/15/2014 09/15/14 For Sale $154,900 -- $115 / Sq Ft
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 $1,145 $266,300 $30,300 $236,000
2024 $1,145 $266,300 $30,300 $236,000
2023 $1,063 $174,200 $23,300 $150,900
2022 $1,063 $174,200 $23,300 $150,900
2021 $1,063 $174,200 $23,300 $150,900
2020 $936 $153,400 $23,300 $130,100
2019 $842 $138,100 $23,300 $114,800
2018 $842 $138,100 $23,300 $114,800
2017 $716 $138,700 $32,500 $106,200
2016 $716 $138,700 $32,500 $106,200
2015 -- $138,700 $32,500 $106,200
2014 -- $138,700 $32,500 $106,200
2013 -- $138,700 $32,500 $106,200
Source: Public Records

Agents Affiliated with this Home

  • Billy Kingery

    Seller's Agent in 2014

    Billy Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 420-2030

    7 in this area

    404 Total Sales

    Billy Kingery
    Section Image
  • Bob Parcell

    Buyer's Agent in 2014

    Bob Parcell

    MOUNTAIN TO LAKE REALTY

    (540) 483-5566

    4 in this area

    202 Total Sales

    Bob Parcell
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 807975

Roanoke Valley Association of REALTORS®

APN: 0800000900

Virginia Franklin County Ferrum 24088

101 Ferrum Forest Ln, Ferrum, VA

Not Listed for Sale

Mobile Manufactured

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