NOT LISTED FOR SALE

11290 Franklin St Ferrum, VA 24088

Estimated Value: $238,000 - $277,007

3 Beds
2 Baths
1,846 Sq Ft
$136/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $150,000 $81 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,396/month

112 Days on Market

Highlights

  • 3.85 Acre Lot
  • No HOA
  • Rear Porch
  • Mountain View
  • Breakfast Area or Nook
  • Storage

About This Home

As of November 2019

Updated home with hardwood floors and very usable land and circular drive. Good property for horses with pasture and shed. Frontage on 2 state roads. Updates include roof, kitchen, windows, appliances, lighting, attic, insulation, water heater, and electrical. New dishwasher, new gas logs, new gutters on back of home. Septic pumped 2013. Convenient to Ferrum College and Philpott Lake. Year built, taxes, and square footage based on country records.

Last Agent to Sell the Property

Bob Parcell

MOUNTAIN TO LAKE REALTY License #0225082024 Listed on: 07/08/2019

Last Buyer's Agent

Billy Kingery

MOUNTAIN TO LAKE REALTY License #0225171683

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $770

Year Built

  • Built in 1949

Lot Details

  • 3.85 Acre Lot
  • Cleared Lot

Interior Spaces

  • 1,846 Sq Ft Home
  • 1.5-Story Property
  • Bookcases
  • Ceiling Fan
  • Den with Fireplace
  • Storage
  • Mountain Views
  • Partial Basement

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 6 Open Parking Spaces
  • 1 Parking Space
  • Attached Carport
  • Off-Street Parking

Outdoor Features

  • Shed
  • Rear Porch

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$770

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Breakfast Area, Ceiling Fan, Storage
  • Heating System: Heat Pump Gas
  • Fireplace(s): Den
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Storage Shed
  • Views: Mountain
  • BedroomsBREntryLevel: 2
  • BedroomsBRUpperLevel: 1
  • EntryAboveGrdFin Sq Ft: 1384.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 1846
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryLowerLevel: 1
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • RatifiedContractDt: 2019-10-28
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 1846
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1846.00
  • UncoveredNumberSpaces: 6.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 462.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch, Side Porch

Utilities

  • Sewer Description: PrivSept-permit unav
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV

Schools

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

Lot Info

  • Lot Description: Cleared
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 3.85
  • ZoningCode: NZ

Building Info

  • Year Built: 1949

Tax Info

  • Taxes (6 mo): 770.00
  • FILLTAXID: 0800006803& 0800006800

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
Jul 8, 2019
Closed on
Nov 25, 2019
Sold by
Thompson Bobby W and Thompson Glenda S
Bought by
Wallace Barry L and Wallace Cerilla A
Seller's Agent
Bob Parcell
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
List Price
$164,000
Sold Price
$150,000
Premium/Discount to List
-$14,000
-8.54%
Current Estimated Value
$251,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,002
Avg. Annual Appreciation
9.13%
Original Mortgage
$135,000
Outstanding Balance
$118,787
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$132,215
Source: Public Records

Range of Values:

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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
Wallace Barry L $150,000 Virginia Title Center Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Barry L $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2019 11/25/19 Sold $150,000 -8.5% $81 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $164,000 -- $89 / 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 $777 $180,700 $35,600 $145,100
2023 $680 $111,400 $28,600 $82,800
2022 $680 $111,400 $28,600 $82,800
2021 $680 $111,400 $28,600 $82,800
2020 $668 $109,500 $28,600 $80,900
2019 $643 $105,400 $28,600 $76,800
2018 $643 $105,400 $28,600 $76,800
2017 $580 $110,400 $29,400 $81,000
2016 $580 $110,400 $29,400 $81,000
2015 $623 $110,400 $29,400 $81,000
2014 $623 $110,400 $29,400 $81,000
2013 $623 $110,400 $29,400 $81,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 860980

Roanoke Valley Association of REALTORS®

APN: 0800006800