NOT LISTED FOR SALE

1615 King Richard Rd Ferrum, VA 24088

Ferrum Neighborhood

Estimated Value: $408,000 - $435,000

3 Beds
2.5 Baths
2,002 Sq Ft
$207/Sq Ft Est. Value

Last Sold June 07, 2016

Last sale price $205,000 $102 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,378/month

7 Days on Market

Highlights

  • 5 Acre Lot
  • Deck
  • Cathedral Ceiling
  • Mountain View
  • Wooded Lot
  • No HOA

About This Home

As of June 2016

Enjoy one level living, wood floors, open floor plan, see-through fireplace, covered front porch, deck, slate patio & full walkout basement if additional square footage needed. Nice lot with 5 acres. Taxes, square footage estimated & based on county records.

Last Agent to Sell the Property

Bob Parcell

MOUNTAIN TO LAKE REALTY License #0225082024 Listed on: 03/08/2016

Last Buyer's Agent

Adam Lynch

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225080061

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,060

Year Built

  • Built in 2003

Lot Details

  • 5 Acre Lot
  • Wooded Lot
  • Garden

Interior Spaces

  • 2,002 Sq Ft Home
  • 1.5-Story Property
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Laundry on main level

Kitchen

  • Built-In Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Basement

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

Parking

  • 6 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,060

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Skylight
  • Heating System: Forced Air Gas, Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Garden Space, Patio
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 1412.00
  • ExteriorDoors: Metal
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 3414
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2016-03-15
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 2002
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2002.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 1412.00
  • UncoveredNumberSpaces: 6.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 1412.00
  • UpperAboveGrdFin Sq Ft: 590.00
  • 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

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Underground Util

Schools

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

Lot Info

  • Lot Description: Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 5.00
  • ZoningCode: NZ

Building Info

  • Year Built: 2003

Tax Info

  • Taxes (6 mo): 1060.00
  • FILLTAXID: 0800009502

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
Mar 8, 2016
Closed on
Jun 6, 2016
Sold by
Harper David G
Bought by
Waters Kristin
Seller's Agent
Bob Parcell
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Adam Lynch
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$210,000
Sold Price
$205,000
Premium/Discount to List
-$5,000
-2.38%
Current Estimated Value
$415,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,053
Avg. Annual Appreciation
7.61%
Original Mortgage
$164,000
Outstanding Balance
$133,016
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$270,401

Purchase Details

Closed on
Jul 24, 2014
Sold by
Harper David G and Harper Beth A
Bought by
Harper David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,750
Interest Rate
4.12%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Waters Kristin $205,000 None Available
Harper David G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waters Kristin $20,000
Open Waters Kristin $164,000
Previous Owner Harper David G $15,750
Previous Owner Harper David G $156,000
Previous Owner Harper David G $156,000
Previous Owner Harper David G $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2016 06/07/16 Sold $205,000 -2.4% $102 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $210,000 -- $105 / 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 $1,402 $326,100 $39,000 $287,100
2023 $1,257 $206,100 $32,000 $174,100
2022 $1,257 $206,100 $32,000 $174,100
2021 $1,257 $206,100 $32,000 $174,100
2020 $1,257 $206,100 $32,000 $174,100
2019 $1,174 $192,500 $32,000 $160,500
2018 $1,174 $192,500 $32,000 $160,500
2017 $1,059 $187,500 $32,000 $155,500
2016 $1,059 $187,500 $32,000 $155,500
2015 $1,013 $187,500 $32,000 $155,500
2014 $1,013 $187,500 $32,000 $155,500
2013 $1,013 $187,500 $32,000 $155,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 823668

Roanoke Valley Association of REALTORS®

APN: 0800009502