$185,000
SOLD JUN 6, 2025

1567 Runnett Bag Rd Ferrum, VA 24088

3 Beds
2 Baths
1,344 Sq Ft
1.63 Acres

Recently Sold

$138 Per Sq Ft

5% Below List Price

2 Days on Market

Highlights

  • Horses Allowed On Property
  • Deck
  • No HOA
  • River View
  • Stream or River on Lot
  • Front Porch

About This Home

As of June 2025

Escape to peace and privacy in this charming country retreat, where the gentle sounds of Runnet Bag Creek--a trout stream--set the tone for relaxation. Enjoy morning coffee or evening gatherings on the spacious deck, and take full advantage of the flat yard perfect for outdoor fun or entertaining under the open sky. Owner/Agent

Last Agent to Sell the Property

Todd Maxey

KELLER WILLIAMS REALTY ROANOKE License #0225192903 Listed on: 05/03/2025

KELLER WILLIAMS REALTY ROANOKE

Co-Listed By

Walker Maxey

KELLER WILLIAMS REALTY ROANOKE License #0225273178

Last Buyer's Agent

Todd Maxey

KELLER WILLIAMS REALTY ROANOKE License #0225192903 Listed on: 05/03/2025

KELLER WILLIAMS REALTY ROANOKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $836

Year Built

  • Built in 1989

Lot Details

  • 1.63 Acre Lot
  • Gentle Sloping Lot

Property Views

  • River
  • Mountain

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Crawl Space
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Stream or River on Lot
  • Deck
  • Shed
  • Front Porch

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$836

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Storage Shed
  • Views: Mountain, River
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1344.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1344
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2025-05-05
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 1344
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1344.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Horses Permitted, Manufac Home Allowed, Stream

Schools

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

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.63

Building Info

  • Year Built: 1989

Tax Info

  • Taxes (6 mo): 836.00
  • FILLTAXID: 0950006601,0950006501

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
May 3, 2025
Closed on
Apr 18, 2025
Sold by
Myers Dorothy Diane
Bought by
Blue Ridge Property Buyers Llc
Seller's Agent
Todd Maxey
KELLER WILLIAMS REALTY ROANOKE
Buyer's Agent
Todd Maxey
KELLER WILLIAMS REALTY ROANOKE
List Price
$194,900
Sold Price
$185,000
Premium/Discount to List
-$9,900
-5.08%
Views
28
Current Estimated Value
$189,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,654
Avg. Annual Appreciation
6.03%
Original Mortgage
$130,000
Outstanding Balance
$130,000
Interest Rate
1.2%
Mortgage Type
New Conventional
Estimated Equity
$58,391
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $123,000 Old Republic National Title
Deed $123,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 New Conventional
Closed $130,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Sold $185,000 -5.1% $138 / Sq Ft
05/05/2025 05/05/25 Pending -- -- --
05/03/2025 05/03/25 For Sale $194,900 -- $145 / 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 $827 $192,300 $23,300 $169,000
2023 $623 $102,100 $16,300 $85,800
2022 $623 $102,100 $16,300 $85,800
2021 $623 $102,100 $16,300 $85,800
2020 $623 $102,100 $16,300 $85,800
2019 $573 $93,900 $16,300 $77,600
2018 $573 $93,900 $16,300 $77,600
2017 $516 $88,200 $15,000 $73,200
2016 $516 $88,200 $15,000 $73,200
2015 $476 $88,200 $15,000 $73,200
2014 $476 $88,200 $15,000 $73,200
2013 $476 $88,200 $15,000 $73,200
Source: Public Records

Agents Affiliated with this Home

  • Todd Maxey

    Seller's Agent in 2025

    Todd Maxey

    KELLER WILLIAMS REALTY ROANOKE

    (540) 613-1227

    80 Total Sales

    Todd Maxey
    Section Image

  • W

    Seller Co-Listing Agent in 2025

    Walker Maxey

    KELLER WILLIAMS REALTY ROANOKE

    (540) 529-9340

    6 Total Sales

    Walker Maxey
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 916899

Roanoke Valley Association of REALTORS®

APN: 0950006601

Virginia Franklin County Ferrum 24088

1567 Runnett Bag Rd, Ferrum, VA

This home is located at 1567 Runnett Bag Rd, Ferrum, VA 24088 and is currently priced at $185,000, approximately $137 per square foot. This property was built in 1989. 1567 Runnett Bag Rd 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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