NOT LISTED FOR SALE

1396 Armory Dr Franklin, VA 23851

Estimated Value: $2,892,499

-- Bed
2 Baths
3,834 Sq Ft
$754/Sq Ft Est. Value

About This Home

This home is located at 1396 Armory Dr, Franklin, VA 23851 and is currently estimated at $2,892,499, approximately $754 per square foot. 1396 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
Apr 16, 2019
Sold by
K & R Investors Llp
Bought by
Frc Genesis Fundsub Iv Llc
Current Estimated Value
$2,892,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,010,000
Outstanding Balance
$904,027
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$1,940,406

Purchase Details

Closed on
Mar 24, 2011
Sold by
Dbapplef Llc
Bought by
K And R Investors Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
5.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 9, 2008
Sold by
Restaurants Mid-Atlantic Llc Applebee'S
Bought by
Dbapplef Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,500,000
Interest Rate
6.11%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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

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Quantarium

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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
Frc Genesis Fundsub Iv Llc $1,850,000 Attorney
K And R Investors Llp $1,650,000 --
Dbapplef Llc $1,485,883 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frc Genesis Fundsub Iv Llc $1,010,000
Previous Owner Dbapplef Llc $1,320,000
Previous Owner Dbapplef Llc $230,500,000
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
2024 $25,737 $2,498,700 $1,482,800 $1,015,900
2023 $16,863 $1,637,200 $815,500 $821,700
2022 $16,863 $1,637,200 $815,500 $821,700
2021 $16,427 $1,594,900 $741,400 $853,500
2020 $14,532 $1,594,900 $741,400 $853,500
2019 $14,532 $1,467,900 $667,300 $800,600
2018 $14,532 $1,467,900 $667,300 $800,600
2017 $14,532 $1,467,900 $667,300 $800,600
2016 $14,532 $1,467,900 $667,300 $800,600
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Map

Virginia Franklin City County Franklin 23851

1396 Armory Dr, Franklin, VA

This home is located at 1396 Armory Dr, Franklin, VA 23851 and is currently estimated at $2,892,499, approximately $754 per square foot. 1396 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.

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