NOT LISTED FOR SALE

162 Fieldcrest Rd Ferrum, VA 24088

Estimated Value: $185,000

0.7 Acre
$264,286 Price per Acre
30,492 Sq Ft Lot

Last Sold April 07, 2023

Last sale price $20,000

Est. 825% increase in value since last sale

Current estimated payment $1,068/month

52 Days on Market

About This Lot

As of April 2023

Location. Location. Location. .7 acre lot Right in the heart of Ferrum. Right across from Ferrum Minute Market Parking Lot. 2 Minutes from Ferrum College. 12minutes from Rocky Mount. 10 miles from Philpott Lake. Corner Lot. Schedule an appointment today to take a look!

Last Agent to Sell the Property

Jonathan Lazaro

LAZARO REAL ESTATE License #0225250009 Listed on: 01/09/2023

Last Buyer's Agent

Bob Parcell

MOUNTAIN TO LAKE REALTY License #0225082024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $146

Lot Details

  • 0.7 Acre Lot
  • Level Lot
  • Property is zoned NZ

Schools

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

Mobile Home

  • Mobile Home Allowed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 13-18 / C

Property Details

Property Type

Land

Est. Annual Taxes

$146

Lot Details

0

Listing Details

  • Type: Land
  • CondoAssocYN: No
  • ElectricDescription: Available
  • Land Sub Type: Other - See Remarks
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Level, Up Slope
  • Total Acreage: 0.70
  • Lot: 13-18
  • Land Type: Lot
  • ZoningCode: NZ

Tax Info

  • Taxes (6 mo): 145.79

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
Jan 9, 2023
Closed on
Apr 7, 2023
Sold by
Shields John Mark
Bought by
Green Christopher A
Seller's Agent
Jonathan Lazaro
LAZARO REAL ESTATE
Buyer's Agent
Bob Parcell
MOUNTAIN TO LAKE REALTY
List Price
$35,500
Sold Price
$20,000
Premium/Discount to List
-$15,500
-43.66%
Views
28
Current Estimated Value
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,000
Avg. Annual Appreciation
122.60%

Purchase Details

Closed on
Apr 3, 2014
Sold by
Whitlock Eleanor Sue
Bought by
Shield John Mark
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Green Christopher A $20,000 Priority Title
Shield John Mark $30,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2023 04/07/23 Sold $20,000 -20.0% --
03/02/2023 03/02/23 Pending -- -- --
02/23/2023 02/23/23 Price Changed $25,000 -29.6% --
01/09/2023 01/09/23 For Sale $35,500 -- --
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
2025 $1,197 $18,000 $18,000 $0
2024 $77 $18,000 $18,000 $0
2023 $0 $23,900 $18,000 $5,900
2022 $146 $23,900 $18,000 $5,900
2021 $146 $23,900 $18,000 $5,900
2020 $146 $23,900 $18,000 $5,900
2019 $146 $23,900 $18,000 $5,900
2018 $146 $23,900 $18,000 $5,900
2017 $131 $23,700 $18,000 $5,700
2016 $131 $23,700 $18,000 $5,700
2015 $76 $23,700 $18,000 $5,700
2014 $76 $14,000 $14,000 $0
2013 $76 $14,000 $14,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Lazaro

    Seller's Agent in 2023

    Jonathan Lazaro

    LAZARO REAL ESTATE

    (540) 525-3855

    1 in this area

    134 Total Sales

    Jonathan Lazaro
    Section Image
  • Bob Parcell

    Buyer's Agent in 2023

    Bob Parcell

    MOUNTAIN TO LAKE REALTY

    (540) 483-5566

    4 in this area

    202 Total Sales

    Bob Parcell
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 895214

Roanoke Valley Association of REALTORS®

APN: 4020005000

Virginia Franklin County Ferrum 24088

162 Fieldcrest Rd, Ferrum, VA

Not Listed for Sale

Lots

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