NOT LISTED FOR SALE

1119 Old Franklin Turnpike Rocky Mount, VA 24151

Estimated Value: $196,310 - $249,000

0.86 Acre
$258,812 Price per Acre
37,462 Sq Ft Lot

Last Sold July 27, 2022

Last sale price $75,000 $103 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $1,279/month

289 Days on Market

Highlights

  • 0.86 Acre Lot
  • No HOA
  • Level Lot

About This Lot

As of July 2022

0.86 Business/Commercial Lot. Potential for Restaurant, Office/Retail, General Store, Bank, or other Business! Located within the Town Limits, Public Water, Easy Access to Rt.40 & Nearby Amenities! GREAT LOCATION FOR YOUR BUSINESS! Approx 726SF Structure sold ''as-is'' & ''where-is'' Built 1975 per Seller: Window A/C, Oil Heat, Shingle Roof. Rezone Application details available.

Last Agent to Sell the Property

Angie McGhee

MKB, REALTORS(r) - FRANKLIN CO License #0225095935 Listed on: 08/30/2021

MKB, REALTORS(r) - FRANKLIN CO

Last Buyer's Agent

Angie McGhee

MKB, REALTORS(r) - FRANKLIN CO License #0225095935 Listed on: 08/30/2021

MKB, REALTORS(r) - FRANKLIN CO

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $625

Lot Details

  • 0.86 Acre Lot
  • Level Lot

Schools

  • Rocky Mount Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$625

Lot Details

0

Listing Details

  • Type: Land
  • CondoAssocYN: No
  • ElectricDescription: Available
  • Land Sub Type: Other - See Remarks
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2022-06-15
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Gas Description: None Available
  • Sewer Description: Private Septic
  • Water Description: Public Water

Schools

  • Elementary School: Rocky Mount Elementary
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Gentle Slope, Level
  • Total Acreage: 0.86
  • Land Type: Lot

Tax Info

  • Taxes (6 mo): 625.00
  • FILLTAXID: 2020201300

MLS Schools

  • Elementary School: Rocky Mount Elementary
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Jul 20, 2022
Sold by
Armstrong Ward L
Bought by
Mason Laura Marie
Seller's Agent
Angie McGhee
MKB, REALTORS(r) - FRANKLIN CO
Buyer's Agent
Angie McGhee
MKB, REALTORS(r) - FRANKLIN CO
List Price
$99,900
Sold Price
$75,000
Premium/Discount to List
-$24,900
-24.92%
Current Estimated Value
$222,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,578
Avg. Annual Appreciation
39.62%
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
Mason Laura Marie $75,000 Ferguson Eric H
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2022 07/27/22 Sold $75,000 -24.9% $103 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
08/30/2021 08/30/21 For Sale $99,900 -- $138 / 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
2024 $812 $188,900 $94,000 $94,900
2023 $885 $145,100 $94,000 $51,100
2022 $885 $145,100 $94,000 $51,100
2021 $885 $145,100 $94,000 $51,100
2020 $885 $145,100 $94,000 $51,100
2019 $865 $141,800 $94,000 $47,800
2018 $865 $141,800 $94,000 $47,800
2017 $780 $193,200 $150,400 $42,800
2016 $780 $193,200 $150,400 $42,800
2015 $1,043 $193,200 $150,400 $42,800
2014 $1,043 $193,200 $150,400 $42,800
2013 $1,043 $193,200 $150,400 $42,800
Source: Public Records

Agents Affiliated with this Home

  • Angie McGhee

    Seller's Agent in 2022

    Angie McGhee

    MKB, REALTORS(r) - FRANKLIN CO

    (540) 537-5918

    85 in this area

    565 Total Sales

    Angie McGhee
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 883389

Roanoke Valley Association of REALTORS®

APN: 2020201300

Virginia Franklin County Rocky Mount 24151

1119 Old Franklin Turnpike, Rocky Mount, VA

This home is located at 1119 Old Franklin Turnpike, Rocky Mount, VA 24151 since 30 August 2021 and is currently estimated at $222,578, approximately $306 per square foot. 1119 Old Franklin Turnpike is a home located in Franklin County with nearby schools including Rocky Mount 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.

Roanoke Valley Association of REALTORS® 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.

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