NOT LISTED FOR SALE

15500 Franklin St Ferrum, VA 24088

Ferrum Area

Estimated Value: $150,392 - $178,000

2 Beds
1 Bath
950 Sq Ft
$174/Sq Ft Est. Value

Sale Details

Date Sold: April 19, 2018

Last sale price $25,000 $26 Per Sq Ft

Est. 561% increase in value since last sale

Current estimated payment $948 / mo

123 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Forced Air Heating System
  • Cottage
  • Shed
  • Spring Is the Water Source

About This Home

As of April 2018

Great starter home with some TLC and it could be a real gem. Located within minutes of Ferrum College, Philpott Lake & the Blue Ridge Parkway. New furnace 5 years ago and new hot water heater 3 years ago. There is 950 sq unfinished feet in the walk out lower level.

Last Agent to Sell the Property

RICKY SMITH

LAKE & LAND REALTY Listed on: 12/04/2017

Last Buyer's Agent

Rick Smith

MKB, REALTORS® - AT THE LAKE License #0225068599

MKB, REALTORS® - AT THE LAKE

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $410

Year Built

  • Built in 1954

Lot Details

  • 3.25 Acre Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Cottage

Interior Spaces

  • 950 Sq Ft Home
  • Flue
  • Drapes & Rods
  • Washer

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

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

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Spring Is the Water Source
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$410

Year Built

Built in 1954

Lot Details

3.25 Acres

Listing Details

  • Interior Features: All Drapes, Flue Available
  • Heating System: Forced Air Oil
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Washer, Dishwasher, Range Electric, Refrigerator
  • Cooling System: Window A/C
  • Outside Features: Covered Porch, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 950.00
  • ExteriorDoors: Metal, Wood
  • Internet Access: Cable
  • LaundryLaundryOtherLevel: 1
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Cottage
  • SubdivisionMap: 0940005100
  • Total Above Grd Fin S Q F T: 950
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 950.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Side Porch

Utilities

  • Sewer Description: PrivSept-permit unav
  • Water Description: Spring
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Paved Road, Satellite Dish

Lot Info

  • Lot Description: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 3.25
  • ZoningCode: NZ

Building Info

  • Year Built: 1954

Tax Info

  • Taxes (6 mo): 410.00

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
Dec 4, 2017
Closed on
Apr 19, 2018
Sold by
Martin James Arnold and Martin Robbie Lee
Bought by
Seller's Agent
RICKY SMITH
LAKE & LAND REALTY
Buyer's Agent
Rick Smith
MKB, REALTORS® - AT THE LAKE
List Price
$73,200
Sold Price
$25,000
Premium/Discount to List
-$48,200
-65.85%
Current Estimated Value
$165,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,131
Avg. Annual Appreciation
25.27%
Source: Public Records

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
$25,000 None Available
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
04/19/2018 04/19/18 Sold $25,000 -65.8% $26 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
12/04/2017 12/04/17 For Sale $73,200 -- $77 / 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 $497 $115,500 $27,000 $88,500
2024 $497 $115,500 $27,000 $88,500
2023 $223 $65,900 $24,000 $41,900
2022 $223 $65,900 $24,000 $41,900
2021 $223 $65,900 $24,000 $41,900
2020 $143 $65,900 $24,000 $41,900
2019 $447 $73,200 $24,000 $49,200
2018 $447 $73,200 $24,000 $49,200
2017 $403 $72,300 $23,400 $48,900
2016 $403 $72,300 $23,400 $48,900
2015 $390 $72,300 $23,400 $48,900
2014 $390 $72,300 $23,400 $48,900
2013 $390 $72,300 $23,400 $48,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 843423

Roanoke Valley Association of REALTORS®

APN: 0940005100

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