NOT LISTED FOR SALE

15 Michael Ave Ferrum, VA 24088

Ferrum Neighborhood

Estimated Value: $220,981 - $342,000

3 Beds
1 Bath
1,120 Sq Ft
$229/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $169,000 $151 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,430/month

4 Days on Market

Highlights

  • Ranch Style House
  • Attached Carport
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of November 2021

Great traditional brick ranch within 10 minutes of the town or Ricky Mount. Hardwood floors, Replacement windows, Carport, undated panel box. The full walkout basement offer even more flexibility for additional uses. Cable & highspeed internet is available also. Convenient to Ferrum College and Philpott Lake.

Last Agent to Sell the Property

Rick Smith

MKB, REALTORS(r) - AT THE LAKE License #0225068599 Listed on: 10/02/2021

MKB, REALTORS(r) - AT THE LAKE

Last Buyer's Agent

Denise E Basham

QUALITY REALTY License #0225043787

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $636

Year Built

  • Built in 1968

Lot Details

  • 0.4 Acre Lot
  • Cleared Lot

Home Design

  • 1,120 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction

Kitchen

  • Electric Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer

Basement

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

Parking

  • 1 Parking Space
  • Attached Carport

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hillcrest View Subdivision

Listing and Financial Details

  • Tax Lot 13

Home Details

Home Type

Single Family

Est. Annual Taxes

$636

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Heating System: Forced Air Oil
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1120.00
  • ExteriorDoors: Wood
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 2240
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • RatifiedContractDt: 2021-10-06
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1120
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1120.00
  • TotalUnfin Sq Ft: 1120.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1120.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Paved Road

Schools

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

Lot Info

  • Lot Description: Cleared
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.40
  • Lot: 13
  • Phase: 1

Building Info

  • Year Built: 1968

Tax Info

  • Taxes (6 mo): 636.00
  • FILLTAXID: 0810104900

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
Oct 2, 2021
Closed on
Nov 9, 2021
Sold by
Whitlow Robert and Childrey June Lenore
Bought by
Brown Samuel V and Moraga Stevie
Seller's Agent
Rick Smith
MKB, REALTORS(r) - AT THE LAKE
Buyer's Agent
Denise E Basham
QUALITY REALTY
List Price
$169,000
Sold Price
$169,000
Current Estimated Value
$256,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,245
Avg. Annual Appreciation
8.99%
Original Mortgage
$163,930
Outstanding Balance
$151,819
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$83,614

Purchase Details

Listed on
Oct 2, 2021
Closed on
Sep 20, 2021
Sold by
Hodges Dale Lee
Bought by
Whitlow Robert and Childrey June Lenore
Seller's Agent
Rick Smith
MKB, REALTORS(r) - AT THE LAKE
Buyer's Agent
Denise E Basham
QUALITY REALTY
List Price
$169,000
Sold Price
$169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,930
Outstanding Balance
$151,819
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$83,614
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
Brown Samuel V $169,000 Accommodation
Whitlow Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Samuel V $163,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $169,000 0.0% $151 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $169,000 -- $151 / 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 $770 $179,000 $25,000 $154,000
2023 $636 $104,200 $20,000 $84,200
2022 $636 $104,200 $20,000 $84,200
2021 $636 $104,200 $20,000 $84,200
2020 $636 $104,200 $20,000 $84,200
2019 $583 $95,600 $20,000 $75,600
2018 $583 $95,600 $20,000 $75,600
2017 $526 $97,000 $20,000 $77,000
2016 $526 $97,000 $20,000 $77,000
2015 -- $97,000 $20,000 $77,000
2014 -- $97,000 $20,000 $77,000
2013 -- $97,000 $20,000 $77,000
Source: Public Records

Agents Affiliated with this Home

  • Rick Smith

    Seller's Agent in 2021

    Rick Smith

    MKB, REALTORS(r) - AT THE LAKE

    (540) 420-4663

    3 in this area

    86 Total Sales

    Rick Smith
    Section Image
  • Denise E Basham

    Buyer's Agent in 2021

    Denise E Basham

    QUALITY REALTY

    (540) 334-2020

    1 in this area

    14 Total Sales

    Denise E Basham
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 884272

Roanoke Valley Association of REALTORS®

APN: 0810104900

Virginia Franklin County Ferrum 24088 Ferrum

15 Michael Ave, Ferrum, VA

This home is located at 15 Michael Ave, Ferrum, VA 24088 since 02 October 2021 and is currently estimated at $256,245, approximately $228 per square foot. This property was built in 1968. 15 Michael Ave 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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