NOT LISTED FOR SALE

1201 Runnett Bag Rd Ferrum, VA 24088

Estimated Value: $322,000 - $488,000

3 Beds
3 Baths
2,136 Sq Ft
$190/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $270,000 $126 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,373/month

6 Days on Market

Highlights

  • 730 Feet of Waterfront
  • 46.98 Acre Lot
  • Deck
  • Barn
  • Mountain View
  • Wood Burning Stove

About This Home

As of July 2018

Gorgeous private 47 acres+/- with updated 3 bedroom/3bath home, full unfinished walk-out basement, deck & large porch, views, additional building sites w/views, frontage on stocked trout creek, fields (approx 9 1/2 acres), lovely woodlands, lots of fruit trees & berries, log barn, deer stands, fenced dog area w/dog house, plenty of space for grazing animals, growing produce, and still loads of space to play! Many new aspects in the past 6 years including roof, siding, heatpump/ductwork, kitchen, bathroom, electric, plumbing, 2 water heaters, porch, deck, hardwood & tile flooring, bridge, etc (see feature sheet). Approx 15 min to Ferrum, 25 min to Floyd & Rocky Mount, 1 hr to Roanoke. Motivated Sellers priced to sell!!

Last Listed By

Lucy Lamanna

THOMAS & WALL REAL ESTATE LLC License #0225203361 Listed on: 06/22/2018

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,160

Year Built

  • Built in 1980

Lot Details

  • 46.98 Acre Lot
  • 730 Feet of Waterfront
  • Property fronts a private road
  • Fenced Yard
  • Garden

Interior Spaces

  • 2,136 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Fireplace Features Masonry
  • French Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Mountain Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Outdoor Features

  • Stream or River on Lot
  • Deck
  • Front Porch

Schools

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

Farming

  • Barn

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,160

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Masonry Fireplace, Walk-in-Closet, Wood Stove
  • Heating System: Heat Pump Electric, Other - See Remarks
  • Fireplace(s): Basement, Living Room
  • Type: Residential
  • Has Basement: Full Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Electric, Refrigerator
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Barn, Deck, Fenced Yard, Garden Space
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 1256.00
  • ExteriorDoors: French
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 3216
  • Internet Access: DSL
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 730.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2018-06-28
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 2136
  • TotalBdrm: 3
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2136.00
  • TotalUnfin Sq Ft: 1080.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1080.00
  • UpperAboveGrdFin Sq Ft: 880.00
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • WaterID: River or Other
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic - 3BR
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Private Road, Stream, Underground Util

Schools

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

Green Features

  • Energy Features: Wood Stove

Lot Info

  • Lot Description: Stream, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 46.98

Building Info

  • Year Built: 1980

Tax Info

  • Taxes (6 mo): 1159.95
  • FILLTAXID: 0950002800

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 22, 2018
Closed on
Jul 12, 2018
Sold by
Kirkland Benjamin R and Kirkland Julie G
Bought by
Lupacchino Michael Geonzon and Lupacchino Naomi Nicole
Seller's Agent
Lucy Lamanna
THOMAS & WALL REAL ESTATE LLC
Buyer's Agent
Lucy Lamanna
THOMAS & WALL REAL ESTATE LLC
List Price
$274,900
Sold Price
$270,000
Premium/Discount to List
-$4,900
-1.78%
Total Days on Market
6
Current Estimated Value
$405,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,646
Avg. Annual Appreciation
6.19%
Original Mortgage
$270,000
Outstanding Balance
$236,911
Interest Rate
4.6%
Mortgage Type
VA
Estimated Equity
$168,735

Purchase Details

Closed on
May 25, 2005
Sold by
Philpott Rebecca Jean Rothmann and Rothmann Rebecca J
Bought by
Massie Tracy L and Massie Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
6.62%
Mortgage Type
New Conventional

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
Lupacchino Michael Geonzon $270,000 Investors Title Insurance Co
Massie Tracy L $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lupacchino Michael Geonzon $270,000
Previous Owner Kirkland Julie G $101,600
Previous Owner Massie Tracey L $12,087
Previous Owner Massie Tracy L $15,000
Previous Owner Massie Tracy L $220,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2018 07/27/18 Sold $270,000 -1.8% $126 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $274,900 +116.5% $129 / Sq Ft
06/13/2013 06/13/13 Sold $127,000 +3.3% $109 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $122,900 -- $105 / 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 $1,492 $347,000 $109,800 $237,200
2023 $90 $255,600 $102,800 $152,800
2022 $90 $255,600 $102,800 $152,800
2021 $1,559 $255,600 $102,800 $152,800
2020 $1,559 $255,600 $102,800 $152,800
2019 $1,286 $210,900 $87,500 $123,400
2018 $1,286 $210,900 $87,500 $123,400
2017 $1,160 $182,100 $84,000 $98,100
2016 $1,160 $182,100 $84,000 $98,100
2015 -- $182,100 $84,000 $98,100
2014 -- $176,600 $84,000 $92,600
2013 -- $176,600 $84,000 $92,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 849815

Roanoke Valley Association of REALTORS®

APN: 0950002800