NOT LISTED FOR SALE

1211 Armory Dr Franklin, VA 23851

Estimated Value: $10,890,154

Studio
4 Baths
21,735 Sq Ft
$501/Sq Ft Est. Value

About This Home

This home is located at 1211 Armory Dr, Franklin, VA 23851 and is currently estimated at $10,890,154, approximately $501 per square foot. 1211 Armory Dr is a home located in Franklin City with nearby schools including S.P. Morton Elementary School, Joseph P. King Jr. Middle School, and Franklin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2023
Sold by
Colonial Holdings Enterprises Llc
Bought by
Jcarsiiii Properties Llc
Current Estimated Value
$10,890,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,501,250
Outstanding Balance
$7,254,996
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$3,454,515

Purchase Details

Closed on
Jan 19, 2022
Sold by
Mike Duman Real Estate Llc
Bought by
Colonial Holdings Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,216,000
Interest Rate
3.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 19, 2008
Sold by
Marks Judith W
Bought by
Rawls John R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Jcarsiiii Properties Llc $8,825,000 --
Colonial Holdings Enterprises Llc $3,100,000 New Title Company Name
Rawls John R $25,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jcarsiiii Properties Llc $7,501,250
Previous Owner Colonial Holdings Enterprises Llc $6,216,000
Source: Public Records

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 $52,134 $5,061,600 $2,196,800 $2,864,800
2024 $52,134 $5,061,600 $2,196,800 $2,864,800
2023 $52,388 $5,086,200 $2,196,800 $2,889,400
2022 $36,070 $3,501,900 $2,196,800 $1,305,100
2021 $12,095 $1,174,300 $1,140,100 $34,200
2020 $15,117 $1,527,000 $1,140,100 $386,900
2019 $15,117 $1,527,000 $1,140,100 $386,900
2018 $15,117 $1,527,000 $1,140,100 $386,900
2017 $15,209 $1,536,300 $1,140,100 $396,200
2016 $15,209 $1,536,300 $1,140,100 $396,200
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Map

Virginia Franklin City County Franklin 23851

1211 Armory Dr, Franklin, VA

Not Listed for Sale

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