NOT LISTED FOR SALE

131 Artist Trail Ferrum, VA 24088

Ferrum Neighborhood

Estimated Value: $75,000

5.17 Acres
$14,507 Price per Acre
225,205 Sq Ft Lot

Last Sold November 06, 2023

Last sale price $65,000

Est. 15% increase in value since last sale

Current estimated payment $414/month

85 Days on Market

Highlights

  • Horses Allowed On Property
  • Secluded Lot
  • Gentle Sloping Lot
  • 5.17 Acre Lot
  • No HOA

About This Lot

As of November 2023

Nice 5.17 Acre building lot in Ferrum, Va. Fully cleared, 3 Acres fenced and ideal for horses. Lot 8 has been recently perked. Level and gently sloped lot ideal for your next home. Within 10 minutes to Ferrum and 20 minutes to Rocky Mount. Less than 15 minutes from Philpott Lake and less than an hour from Smith Mountain Lake.

Last Agent to Sell the Property

Chris Cook

ALL FAITH REALTY AND AUCTIONS INC License #0225272407 Listed on: 07/28/2023

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $200

Lot Details

  • 5.17 Acre Lot
  • Secluded Lot
  • Gentle Sloping Lot

Schools

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

Additional Features

  • Horses Allowed On Property
  • Mobile Home Allowed
  • Water Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6,7, & 8

Property Details

Property Type

Land

Est. Annual Taxes

$200

Lot Details

0

Listing Details

  • Type: Land
  • CondoAssocYN: No
  • ElectricDescription: Available
  • Land Sub Type: Undeveloped
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2023-10-21
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: Other - See Remarks
  • Water Description: None

Association/Amenities

  • Misc Features: Horses Permitted

Schools

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

Lot Info

  • Lot Dimensions: 5.17 Acres
  • Property Group Id: 19990816212131825981000000
  • Land Description: Gentle Slope
  • Total Acreage: 5.17
  • Lot: 6,7, & 8
  • Land Type: Land (Acreage)

Tax Info

  • Taxes (6 mo): 200.00
  • FILLTAXID: 0950100800

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
Jul 28, 2023
Closed on
Oct 31, 2023
Sold by
Floyd Farm Associates
Bought by
Riedel Michael
Seller's Agent
Chris Cook
ALL FAITH REALTY AND AUCTIONS INC
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$79,999
Sold Price
$65,000
Premium/Discount to List
-$14,999
-18.75%
Views
61
Current Estimated Value
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,000
Avg. Annual Appreciation
8.27%
Source: Public Records

Range of Values:

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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
Riedel Michael -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold $65,000 -3.7% --
10/21/2023 10/21/23 Pending -- -- --
09/08/2023 09/08/23 Price Changed $67,500 -15.6% --
07/28/2023 07/28/23 For Sale $79,999 -- --
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 $73 $17,000 $17,000 $0
2023 $104 $17,000 $17,000 $0
2022 $104 $17,000 $17,000 $0
2021 $104 $17,000 $17,000 $0
2020 $104 $17,000 $17,000 $0
2019 $104 $17,000 $17,000 $0
2018 $104 $17,000 $17,000 $0
2017 $94 $18,100 $18,100 $0
2016 $94 $18,100 $18,100 $0
2015 $98 $18,100 $18,100 $0
2014 $98 $18,100 $18,100 $0
2013 $98 $18,100 $18,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Cook

    Seller's Agent in 2023

    Chris Cook

    ALL FAITH REALTY AND AUCTIONS INC

    (540) 239-6690

    1 in this area

    60 Total Sales

    Chris Cook
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member Transaction Agent

    Non-Member Transaction Office

See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 900284

Roanoke Valley Association of REALTORS®

APN: 0950100800

Virginia Franklin County Ferrum 24088 Ferrum

131 Artist Trail, Ferrum, VA

This home is located at 131 Artist Trail, Ferrum, VA 24088 since 28 July 2023 and is currently estimated at $75,000. 131 Artist Trail is a home located in Franklin County with nearby schools including Ferrum Elementary School, Benjamin Franklin Middle School, and Franklin County High School.

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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