NOT LISTED FOR SALE

1201 Runnett Bag Rd Ferrum, VA 24088

Estimated Value: $437,000 - $505,000

3 Beds
3 Baths
2,136 Sq Ft
$226/Sq Ft Est. Value

Sale Details

Date Sold: July 27, 2018

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

Est. 79% increase in value since last sale

Current estimated payment $2,707 / mo

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 Agent to Sell the Property

Lucy Lamanna

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

Last Buyer's Agent

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

Home Design

  • Single Family Detached Home
  • Manufactured Home

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

46.98 Acres

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
  • Property Subtype 1: Single Family Residence
  • 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
  • EntryAboveGrdFin Sq Ft: 1256.00
  • ExteriorDoors: French
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • Internet Access: DSL
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 730.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • 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

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

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2018
Closed on
Jul 12, 2018
Sold by
Bought by
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%
Current Estimated Value
$482,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,051
Avg. Annual Appreciation
7.55%
Original Mortgage
$270,000
Outstanding Balance
$233,052
Interest Rate
4.6%
Mortgage Type
VA
Estimated Equity
$248,999

Purchase Details

Closed on
May 25, 2005
Sold by
Bought by

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
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$270,000 Investors Title Insurance Co
$245,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $258,500
Closed $270,000
Closed $101,600
Closed $12,087
Closed $15,000
Closed $220,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,230 $347,000 $109,800 $237,200
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

  • Lucy Lamanna

    Seller's Agent in 2018

    Lucy Lamanna

    THOMAS & WALL REAL ESTATE LLC

    (540) 239-5294

    50 Total Sales

    Lucy Lamanna
    Section Image

  • D

    Seller's Agent in 2013

    Dwayne Epperly

    KELLER WILLIAMS REALTY ROANOKE

    (540) 314-0210

    105 Total Sales

    Dwayne Epperly
    Section Image

  • M

    Buyer's Agent in 2013

    Mauyer Gallimore

    U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD

    (540) 250-5051

    5 Total Sales

    Mauyer Gallimore
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 849815

Roanoke Valley Association of REALTORS®

APN: 0950002800

Virginia Franklin County Ferrum 24088

1201 Runnett Bag Rd, Ferrum, VA

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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