NOT LISTED FOR SALE

1185 Pernello Rd Ferrum, VA 24088

Estimated Value: $273,000 - $307,000

2 Beds
1 Bath
1,220 Sq Ft
$240/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $232,000 $190 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,616/month

7 Days on Market

Highlights

  • Barn
  • Deck
  • Breakfast Area or Nook
  • Horses Allowed On Property
  • No HOA
  • 7 Car Attached Garage

About This Home

As of November 2022

Looking to be self-sustaining? Look no further! This really nice FARMETTE offers 7.384 ACRES of open land with plenty of room for farm animals (some fencing). Enjoy the 6x27 covered rocking chair front porch. The entry level features a family room with electric fireplace, spacious kitchen with breakfast area, nice custom cabinetry and pantry. Living room, bedroom with walk-in closet and bath/laundry room. Upper level features one bedroom and an office with recent updated luxury vinyl plank flooring. The deck was added in 2021 with hot tub. Propane furnace (2014), electric updated, water heater (2022), a 22x52 attached garage, & much more! Just wait until you see the spacious buildings/barns on this property! 35x56, 35x48 both with concrete floor. 17x22 gatehouse, and a 30x51 pole building.

Last Agent to Sell the Property

Billy Kingery

MOUNTAIN TO LAKE REALTY License #0225171683 Listed on: 10/31/2022

Co-Listed By

Julie Kingery

MOUNTAIN TO LAKE REALTY License #0225175848

Last Buyer's Agent

Angie McGhee

MKB, REALTORS(r) - FRANKLIN CO License #0225095935

MKB, REALTORS(r)  - FRANKLIN CO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $821

Year Built

  • Built in 1970

Lot Details

  • 7.38 Acre Lot
  • Gentle Sloping Lot
  • Garden
  • Property is zoned NZ

Parking

  • 7 Car Attached Garage

Home Design

  • Stone Siding

Interior Spaces

  • 1,220 Sq Ft Home
  • 1.5-Story Property
  • Insulated Doors
  • Family Room with Fireplace
  • Storage
  • Partial Basement

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer

Outdoor Features

  • Deck
  • Shed
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$821

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Storage, Walk-in-Closet
  • Heating System: Forced Air Gas
  • Fireplace(s): Family Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Clothes Washer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Barn, Deck, Garden Space, Paved Driveway, Storage Shed
  • Addl Covered Parking S Q F T: 1680
  • AddlCoveredPrkng: Garage Detached
  • BedroomsBREntryLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 980.00
  • ExteriorDoors: Insulated, Metal
  • Fireplace Number Fireplaces: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • NumberAddCovSpaces: 3.00
  • NumberPrimCovSpaces: 4.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 1144
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1220
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 7.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1220.00
  • UpperAboveGrdFin Sq Ft: 240.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Side Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Horses Permitted, Paved Road

Lot Info

  • Lot Description: Gentle Slope, Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 7.38
  • ZoningCode: NZ

Building Info

  • Year Built: 1970

Tax Info

  • Taxes (6 mo): 821.00

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
Oct 31, 2022
Closed on
Nov 18, 2022
Sold by
Strong Karen
Bought by
Quinn Angela L
Seller's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Angie McGhee
MKB, REALTORS(r) - FRANKLIN CO
List Price
$259,900
Sold Price
$232,000
Premium/Discount to List
-$27,900
-10.73%
Current Estimated Value
$292,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,531
Avg. Annual Appreciation
7.71%

Purchase Details

Listed on
Feb 1, 2012
Closed on
Apr 9, 2012
Sold by
Fannie Mae
Bought by
Strong Morgan and Strong Karen
Buyer's Agent
Non Member
Non-Member
List Price
$80,400
Sold Price
$80,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.49%

Purchase Details

Closed on
Sep 19, 2011
Sold by
Peters Roger L
Bought by
Federal Natrional Mortgage Assn

Purchase Details

Closed on
Jul 17, 2007
Sold by
Peters Martha H
Bought by
Peters Roger L

Purchase Details

Closed on
Sep 25, 2006
Sold by
Peters Roger L and Peters Matha H
Bought by
Stonebranch Inc
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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Purchase History

Date Buyer Sale Price Title Company
Quinn Angela L $232,000 Old Republic National Title
Quinn Angela L $232,000 Old Republic National Title
Strong Morgan -- None Available
Federal Natrional Mortgage Assn $131,500 --
Peters Roger L -- --
Stonebranch Inc $25,636 --
Stonebranch Inc $43,268 --
Crum Bobby L $16,765 --
Crum Bobby L $16,765 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2022 11/23/22 Sold $232,000 -10.7% $190 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
10/31/2022 10/31/22 For Sale $259,900 +223.3% $213 / Sq Ft
04/11/2012 04/11/12 Sold $80,400 0.0% $58 / Sq Ft View Prior Sale
04/09/2012 04/09/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $80,400 -- $58 / 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 $1,039 $241,700 $36,800 $204,900
2024 $1,039 $241,700 $36,800 $204,900
2023 $822 $134,700 $29,800 $104,900
2022 $822 $134,700 $29,800 $104,900
2021 $822 $134,700 $29,800 $104,900
2020 $822 $134,700 $29,800 $104,900
2019 $786 $128,800 $29,800 $99,000
2018 $786 $128,800 $29,800 $99,000
2017 $708 $116,000 $29,800 $86,200
2016 $708 $116,000 $29,800 $86,200
2015 $626 $116,000 $29,800 $86,200
2014 $626 $116,000 $29,800 $86,200
2013 $626 $116,000 $29,800 $86,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 894065

Roanoke Valley Association of REALTORS®

APN: 0940016801