NOT LISTED FOR SALE

1425 Hurds Branch Rd Ferrum, VA 24088

Estimated Value: $56,000 - $116,000

10 Acres
$7,609 Price per Acre
435,600 Sq Ft Lot

Last Sold July 19, 2021

Last sale price $40,000 $37 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $432/month

42 Days on Market

Highlights

  • Horses Allowed On Property
  • No HOA
  • Level Lot
  • Stream or River on Lot
  • Spring water is a source of water for the property

About This Lot

As of July 2021

Enjoy privacy galore! This property offers 2 creeks that come together at the driveway. The old family home place is still standing, but may not be habitable. Timber has not been cut. This is a great opportunity for a hunting oasis or private mountain getaway. Outbuilding include a freezer house, fruit house and miscellaneous storage buildings. Purchaser responsible for the well, septic and electric hookup.

Last Agent to Sell the Property

Billy Kingery

MOUNTAIN TO LAKE REALTY License #0225171683 Listed on: 04/26/2021

Co-Listed By

Julie Kingery

MOUNTAIN TO LAKE REALTY License #0225175848

Last Buyer's Agent

Billy Kingery

MOUNTAIN TO LAKE REALTY License #0225171683 Listed on: 04/26/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $336

Lot Details

  • 10 Acre Lot
  • Level Lot
  • Property is zoned NZ

Schools

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

Additional Features

  • Horses Allowed On Property
  • Mobile Home Allowed
  • Spring water is a source of water for the property

Community Details

Overview

  • No Home Owners Association

Recreation

  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$336

Lot Details

0

Listing Details

  • Type: Land
  • ElectricDescription: Other - See Remarks
  • Internet Access: Undetermined
  • Land Sub Type: Residential - Single Family
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2021-06-07
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: Other - See Remarks
  • Water Description: Spring

Association/Amenities

  • Misc Features: Horses Permitted, Stream

Schools

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

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Level, Varied
  • Total Acreage: 10.00
  • Land Type: Land (Acreage)
  • ZoningCode: NZ

Tax Info

  • Taxes (6 mo): 335.50
  • FILLTAXID: 0980000200

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
Apr 26, 2021
Closed on
Jul 19, 2021
Sold by
Martin James Arnold and Martin Eobbie Lee
Bought by
Heal David I
Seller's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
List Price
$55,000
Sold Price
$40,000
Premium/Discount to List
-$15,000
-27.27%
Current Estimated Value
$76,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,094
Avg. Annual Appreciation
17.19%
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
Heal David I $40,000 Virginia Title Center Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $40,000 -27.3% $37 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $55,000 -- $51 / Sq Ft
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 $203 $47,100 $23,500 $23,600
2023 $359 $58,900 $28,500 $30,400
2022 $359 $58,900 $28,500 $30,400
2021 $359 $58,900 $28,500 $30,400
2020 $359 $58,900 $28,500 $30,400
2019 $339 $55,500 $28,500 $27,000
2018 $339 $55,500 $28,500 $27,000
2017 $305 $57,300 $28,500 $28,800
2016 $305 $57,300 $28,500 $28,800
2015 $309 $57,300 $28,500 $28,800
2014 $309 $57,300 $28,500 $28,800
2013 $309 $57,300 $28,500 $28,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 879182

Roanoke Valley Association of REALTORS®

APN: 0980000200