NOT LISTED FOR SALE

123 Ferrum Forest Ln Ferrum, VA 24088

Ferrum Area

Estimated Value: $443,000 - $503,000

4 Beds
3.5 Baths
3,349 Sq Ft
$139/Sq Ft Est. Value

Sale Details

Date Sold: July 29, 2024

Last sale price $430,000 $128 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,692 / mo

57 Days on Market

Highlights

  • 5.06 Acre Lot
  • Family Room with Fireplace
  • Whirlpool Bathtub
  • Deck
  • Wooded Lot
  • No HOA

About This Home

As of July 2024

Welcome to this nature lover's paradise! This 4BR, 3 1/2 Bathroom home has everything you can dream of! This private 5 acres of usable property feels like a serene nature retreat with its sunroom and many decks (including a private deck off the primary suite) ready for you to sip your morning coffee while enjoying all the sounds of nature. Its prime location offers privacy as you can't see the home from the road while being convenient to Ferrum College and only a few minutes to all the restaurants, grocery and amenities of Rocky Mount!

Last Agent to Sell the Property

BRENDA BRATT

LONG & FOSTER - SMITH MTN LAKE Listed on: 05/03/2024

Last Buyer's Agent

Jessie Jones

REAL BROKER LLC - DGA-SALEM License #0225259610

REAL BROKER LLC - DGA-SALEM

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,080

Year Built

  • Built in 1991

Lot Details

  • 5.06 Acre Lot
  • Property fronts a private road
  • Gentle Sloping Lot
  • Wooded Lot
  • Garden

Parking

  • 1 Car Attached Garage

Home Design

  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Insulated Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Laundry on main level

Kitchen

  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Underground Utilities

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,080

Year Built

Built in 1991

Lot Details

5.06 Acres

Listing Details

  • Interior Features: Ceiling Fan, Skylight, Whirlpool Bath
  • Heating System: Forced Air Electric
  • Fireplace(s): Family Room, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Cook Top, Dishwasher, Microwave Oven (Built In), Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Balcony, Covered Porch, Deck, Garden Space
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1456.00
  • ExteriorDoors: Insulated, Metal
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • InternetAccessCurntInternetProv: Brightspeed
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 829.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 2520
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3349.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 1064.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well

Association/Amenities

  • Misc Features: Private Road, Underground Util

Lot Info

  • Lot Description: Gentle Slope, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 5.06
  • Lot: 5

Building Info

  • Year Built: 1991

Tax Info

  • Taxes (6 mo): 1080.00

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
May 3, 2024
Closed on
Jul 25, 2024
Sold by
Reilly Kevin P and Reilly Dina L
Bought by
Seller's Agent
BRENDA BRATT
LONG & FOSTER - SMITH MTN LAKE
Buyer's Agent
Jessie Jones
REAL BROKER LLC - DGA-SALEM
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Views
53
Current Estimated Value
$466,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,431
Avg. Annual Appreciation
3.95%
Original Mortgage
$275,200
Outstanding Balance
$269,613
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$196,818

Purchase Details

Listed on
Mar 11, 2012
Closed on
Jun 15, 2012
Sold by
Eddy Francis Edward and Eddy Susan Denery
Bought by
Reilly Kevin P and Reilly Dina L
Seller's Agent
RICKY SMITH
LAKE & LAND REALTY
Buyer's Agent
SAM LITTON
MOUNTAIN TO LAKE REALTY
List Price
$185,000
Sold Price
$183,000
Premium/Discount to List
-$2,000
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$146,400
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ferrum, VA

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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
$430,000 Pike Title
Reilly Kevin P $183,000 Fidelity National Title Insu
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
Open $275,200
Previous Owner Reilly Kevin P $146,400
Previous Owner Eddy Francis E $38,500
Previous Owner Eddy Francis E $150,000
Previous Owner Frances Susan D $50,000
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
07/29/2024 07/29/24 Sold $430,000 -4.4% $128 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $450,000 0.0% $134 / Sq Ft
06/04/2024 06/04/24 Price Changed $450,000 -4.2% $134 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $469,900 +156.8% $140 / Sq Ft
06/15/2012 06/15/12 Sold $183,000 -1.1% $59 / Sq Ft View Prior Sale
03/28/2012 03/28/12 Pending -- -- --
03/11/2012 03/11/12 For Sale $185,000 -- $59 / 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 $1,427 $331,800 $30,100 $301,700
2024 $1,427 $331,800 $30,100 $301,700
2023 $1,481 $242,800 $23,100 $219,700
2022 $1,481 $242,800 $23,100 $219,700
2021 $1,481 $242,800 $23,100 $219,700
2020 $1,481 $242,800 $23,100 $219,700
2019 $1,309 $214,600 $23,100 $191,500
2018 $1,309 $214,600 $23,100 $191,500
2017 $1,180 $224,800 $32,200 $192,600
2016 $1,180 $224,800 $32,200 $192,600
2015 -- $224,800 $32,200 $192,600
2014 -- $224,800 $32,200 $192,600
2013 -- $224,800 $32,200 $192,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 907272

Roanoke Valley Association of REALTORS®

APN: 0800000800

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