NOT LISTED FOR SALE

1563 Marshall Hill Rd Ferrum, VA 24088

Ferrum Area

Estimated Value: $454,000 - $561,000

3 Beds
2 Baths
2,593 Sq Ft
$201/Sq Ft Est. Value

Sale Details

Date Sold: August 19, 2020

Last sale price $336,000 $130 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,069 / mo

25 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Family Room with Fireplace
  • 55.07 Acre Lot
  • Deck
  • Stream or River on Lot

About This Home

As of August 2020

55.07 acres with spectacular, panoramic view of the Blue Ridge & surrounding mountains & valleys. Beautifully maintained home offering privacy & seclusion. The original portion of the home has been totally renovated with a massive family room & master suite addition. Entry level features formal living & dining rooms, kitchen, family room with stone fireplace (gas logs), bedroom & laundry. Upper level master suite with stone fireplace & balcony (enjoy the beautiful views), walk in closet, family bedroom & office/den. A separate stairway leads to the additional bedroom & den/office. Massive wrap around decking with balcony, paved drive, combination of open & wooded acreage. Bring your horses or livestock. Awesome three car garage with one bay (14X35) suitable for a larger camper or RV.

Last Agent to Sell the Property

Billy Kingery

MOUNTAIN TO LAKE REALTY License #0225171683 Listed on: 06/15/2020

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: 06/15/2020

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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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1930

Lot Details

  • 55.07 Acre Lot
  • Gentle Sloping Lot
  • Garden
  • Property is zoned NZ

Parking

  • 3 Car Detached Garage

Home Design

  • Stone Siding

Interior Spaces

  • 2,593 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Storage
  • Mountain Views
  • Partial Basement
  • Alarm System
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Stream or River on Lot
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,406

Year Built

Built in 1930

Lot Details

55.07 Acres

Listing Details

  • Interior Features: Alarm, Ceiling Fan, Gas Log Fireplace, Masonry Fireplace, Storage, Walk-in-Closet, Whirlpool Bath
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room, Master Bedroom
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Balcony, Covered Porch, Deck, Garden Space, Paved Driveway, Storage Shed
  • Views: Mountain, Sunrise, Sunset
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 1580.00
  • ExteriorDoors: Metal, Wood
  • Fireplace Number Fireplaces: 2
  • Internet Access: DSL
  • InternetAccessCurntInternetProv: CenturyLink
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 3.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 1457
  • PrimCoveredPrking: Garage Detached
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 2593
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2593.00
  • UpperAboveGrdFin Sq Ft: 1013.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic - 3BR
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Horses Permitted, Maint-Free Exterior, Satellite Dish, Stream, Underground Util

Lot Info

  • Lot Description: Gentle Slope, Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 55.07
  • Lot: A
  • ZoningCode: NZ

Building Info

  • Year Built: 1930

Tax Info

  • Taxes (6 mo): 1406.00

MLS Schools

  • Elementary School: Henry
  • 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
Jun 15, 2020
Closed on
Aug 17, 2020
Sold by
Young Curtis Paul and Bernard Kimberly Young
Bought by
Seller's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
List Price
$349,900
Sold Price
$336,000
Premium/Discount to List
-$13,900
-3.97%
Current Estimated Value
$535,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,038
Avg. Annual Appreciation
7.48%
Original Mortgage
$268,800
Outstanding Balance
$233,561
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$286,722

Purchase Details

Closed on
Mar 5, 2020
Sold by
Young Curtis Paul
Bought by
Sigmon Ralph Michael and Sigmon Patty P

Purchase Details

Closed on
Nov 26, 2019
Sold by
Young Jeffrey and Bernard Kimberly Y
Bought by
Young Curtis Paul
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
$336,000 Investors Title Insurance Co
Sigmon Ralph Michael $2,100 None Available
Young Curtis Paul -- None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $268,800
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
08/19/2020 08/19/20 Sold $336,000 -4.0% $130 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $349,900 -- $135 / 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 $1,407 $327,100 $118,200 $208,900
2024 $1,407 $327,100 $118,200 $208,900
2023 $1,521 $249,400 $111,200 $138,200
2022 $1,521 $249,400 $111,200 $138,200
2021 $1,521 $249,400 $111,200 $138,200
2020 $1,532 $249,400 $111,200 $138,200
2019 $1,413 $231,600 $113,000 $118,600
2018 $1,413 $231,600 $113,000 $118,600
2017 $1,274 $240,900 $118,500 $122,400
2016 $1,274 $240,900 $118,500 $122,400
2015 $1,301 $240,900 $118,500 $122,400
2014 $1,301 $240,900 $118,500 $122,400
2013 $1,301 $240,900 $118,500 $122,400
Source: Public Records

Agents Affiliated with this Home

  • Billy Kingery Real Estate Agent - MOUNTAIN TO LAKE REALTY

    Seller's Agent in 2020

    Billy Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 420-2030

    372 Total Sales

    Billy Kingery
    Section Image
  • Julie Kingery Real Estate Agent - MOUNTAIN TO LAKE REALTY

    Seller Co-Listing Agent in 2020

    Julie Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 420-0738

    209 Total Sales

    Julie Kingery
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 870391

Roanoke Valley Association of REALTORS®

APN: 1000001002

Virginia Franklin County Ferrum 24088

1563 Marshall Hill Rd, Ferrum, VA

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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