NOT LISTED FOR SALE

165 Ferrum Forest Ln Ferrum, VA 24088

Estimated Value: $319,000 - $336,000

4 Beds
3 Baths
1,792 Sq Ft
$182/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $212,000 $118 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,805/month

26 Days on Market

Highlights

  • 5.98 Acre Lot
  • No HOA
  • Attached Garage

About This Home

As of November 2020

Four bedroom three bath home with attached two car garage and full basement on 5.89 acres. Property features a covered screened porch, new roof, fresh interior paint, new heat pump and much much more. For more information and to make an offer please visit HomePath.com buyer responsible for all inspections and to verify all information.

Last Agent to Sell the Property

Gregg Ayers

PRIME REAL ESTATE SERVICES INC License #0225064347 Listed on: 08/19/2020

Last Buyer's Agent

Stephanie Varney

DIVINE FOG REALTY COMPANY LLC- ROANOKE License #0225185162

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,057

Year Built

  • Built in 1989

Lot Details

  • 5.98

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Basement

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

Schools

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

Additional Features

  • 5.98 Acre Lot
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,057

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Cooling System: Heat Pump Electric
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1176.00
  • FullBathsFullBathsLowerLvl: 1
  • LaundryLaundryLowerLevel: 1
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 1792
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 1792.00
  • UpperAboveGrdFin Sq Ft: 616.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: PrivSept-permit unav
  • Water Description: Private Well

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 5.98

Building Info

  • Year Built: 1989

Tax Info

  • Taxes (6 mo): 1057.00

MLS Schools

  • Elementary School: Ferrum
  • HighSchool: Floyd County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Nov 5, 2020
Sold by
Mae Fanni
Bought by
Mason Robert and Mason Michelle
Seller's Agent
Gregg Ayers
PRIME REAL ESTATE SERVICES INC
Buyer's Agent
Stephanie Varney
DIVINE FOG REALTY COMPANY LLC- ROANOKE
List Price
$214,900
Sold Price
$212,000
Premium/Discount to List
-$2,900
-1.35%
Current Estimated Value
$326,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,999
Avg. Annual Appreciation
8.78%
Original Mortgage
$208,160
Outstanding Balance
$184,386
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$142,613

Purchase Details

Closed on
Nov 13, 2019
Sold by
Brown Kelly L
Bought by
Federal National Mortgage Association

Purchase Details

Listed on
May 2, 2017
Closed on
Jul 12, 2017
Sold by
Robin Lorraine
Bought by
Brown Kelly L
Seller's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
List Price
$174,500
Sold Price
$169,888
Premium/Discount to List
-$4,612
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$164,791
Interest Rate
3.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mason Robert $212,000 Omega Title Agency Llc
Federal National Mortgage Association $160,094 Punctual Abstract Co
Brown Kelly L $169,888 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason Robert $208,160
Previous Owner Brown Kelly L $164,791
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2020 11/06/20 Sold $212,000 -1.3% $118 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $214,900 +26.5% $120 / Sq Ft
07/28/2017 07/28/17 Sold $169,888 -2.6% $90 / Sq Ft View Prior Sale
06/21/2017 06/21/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $174,500 -- $92 / 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
2025 $1,109 $257,800 $32,000 $225,800
2024 $1,109 $257,800 $32,000 $225,800
2023 $1,057 $173,300 $25,000 $148,300
2022 $1,057 $173,300 $25,000 $148,300
2021 $1,057 $173,300 $25,000 $148,300
2020 $1,057 $173,300 $25,000 $148,300
2019 $875 $143,400 $25,000 $118,400
2018 $875 $143,400 $25,000 $118,400
2017 $789 $150,100 $34,900 $115,200
2016 $789 $150,100 $34,900 $115,200
2015 -- $150,100 $34,900 $115,200
2014 -- $150,100 $34,900 $115,200
2013 -- $150,100 $34,900 $115,200
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gregg Ayers

    PRIME REAL ESTATE SERVICES INC

    (540) 300-6311

    42 Total Sales

    Gregg Ayers
    Section Image
  • Stephanie Varney

    Buyer's Agent in 2020

    Stephanie Varney

    DIVINE FOG REALTY COMPANY LLC- ROANOKE

    (540) 798-0529

    103 Total Sales

    Stephanie Varney
    Section Image
  • Billy Kingery

    Seller's Agent in 2017

    Billy Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 420-2030

    7 in this area

    404 Total Sales

    Billy Kingery
    Section Image
  • Julie Kingery

    Seller Co-Listing Agent in 2017

    Julie Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 420-0738

    4 in this area

    241 Total Sales

    Julie Kingery
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 872497

Roanoke Valley Association of REALTORS®

APN: 0800000700

Virginia Franklin County Ferrum 24088

165 Ferrum Forest Ln, Ferrum, VA

Not Listed for Sale

Detached

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