NOT LISTED FOR SALE

1599 Armory Dr Franklin, VA 23851

Estimated Value: $2,040,434

-- Bed
-- Bath
18,632 Sq Ft
$110/Sq Ft Est. Value

About This Home

This home is located at 1599 Armory Dr, Franklin, VA 23851 and is currently estimated at $2,040,434, approximately $109 per square foot. 1599 Armory Dr is a home located in Franklin City with nearby schools including S.P. Morton Elementary School, Joseph P. King Jr. Middle School, and Franklin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2020
Sold by
Parmeswari Llc
Bought by
Khodiyar Maa Llc
Current Estimated Value
$2,040,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,068,010
Interest Rate
3.3%
Mortgage Type
Unknown
Estimated Equity
$959,815

Purchase Details

Closed on
Apr 1, 2015
Sold by
Oasis Hotels Llc
Bought by
Parmeswari Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
3.75%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Sep 26, 2012
Sold by
Eastern Lodging Inc
Bought by
Oasis Hotels Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.62%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Khodiyar Maa Llc $1,376,000 Stewart Title & Settlement
Parmeswari Llc $825,000 --
Oasis Hotels Llc $768,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khodiyar Maa Llc $1,200,000
Previous Owner Oasis Hotels Llc $577,500
Previous Owner Oasis Hotels Llc $800,000
Source: Public Records

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 $14,190 $1,377,700 $920,200 $457,500
2023 $11,782 $1,143,900 $719,800 $424,100
2022 $11,782 $1,143,900 $719,800 $424,100
2021 $9,344 $907,200 $658,800 $248,400
2020 $8,895 $907,200 $658,800 $248,400
2019 $8,895 $898,500 $658,800 $239,700
2018 $8,895 $898,500 $658,800 $239,700
2017 $7,967 $804,700 $658,800 $145,900
2016 $7,967 $804,700 $658,800 $145,900
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Map

Virginia Franklin City County Franklin 23851

1599 Armory Dr, Franklin, VA

This home is located at 1599 Armory Dr, Franklin, VA 23851 and is currently estimated at $2,040,434, approximately $109 per square foot. 1599 Armory Dr is a home located in Franklin City with nearby schools including S.P. Morton Elementary School, Joseph P. King Jr. Middle School, and Franklin 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.

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