NOT LISTED FOR SALE

165 Ferrum Forest Ln Ferrum, VA 24088

Ferrum Area

Estimated Value: $329,000 - $364,000

4 Beds
3 Baths
1,792 Sq Ft
$193/Sq Ft Est. Value

Sale Details

Date Sold: November 6, 2020

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

Est. 61% increase in value since last sale

Current estimated payment $1,978 / mo

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

VARNEY REALTY PARTNERS License #0225185162

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 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
  • Basement

Bedrooms and Bathrooms

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

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

5.98 Acres

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full, Walk-Out Access
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Nov 5, 2020
Sold by
Mae Fanni
Bought by
Seller's Agent
Gregg Ayers
PRIME REAL ESTATE SERVICES INC
Buyer's Agent
Stephanie Varney
VARNEY REALTY PARTNERS
List Price
$214,900
Sold Price
$212,000
Premium/Discount to List
-$2,900
-1.35%
Current Estimated Value
$341,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,833
Avg. Annual Appreciation
8.75%
Original Mortgage
$208,160
Outstanding Balance
$180,957
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$164,791

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
8.11%
Original Mortgage
$164,791
Interest Rate
3.91%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ferrum, VA

  • Rick Smith Real Estate Agent - MKB, REALTORS® - AT THE LAKE

    Rick Smith

    MKB, REALTORS® - AT THE LAKE

    (540) 590-5755

    76 Total Sales

    2 in Ferrum

    $24K - $169K Price Range

    Rick Smith
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  • Christopher Kidd Carter Real Estate Agent - LONG & FOSTER - ROANOKE OFFICE

    Christopher Kidd Carter

    LONG & FOSTER - ROANOKE OFFICE

    (540) 900-1911

    158 Total Sales

    1 in Ferrum

    $350,000 Price

    Christopher Kidd Carter
     Section Image
  • Tony Lowrey Real Estate Agent - LOWREY REALTY LLC

    Tony Lowrey

    LOWREY REALTY LLC

    (434) 215-0459

    46 Total Sales

    1 in Ferrum

    $288,000 Price

    Tony Lowrey
     Section Image
  • Charlene Jones Real Estate Agent - Re/Max Lakefront Realty

    Charlene Jones

    Re/Max Lakefront Realty

    (540) 698-4928

    182 Total Sales

    2 in Ferrum

    $55,000 Price Range

    Charlene Jones
     Section Image
  • Billy Kingery Real Estate Agent - MOUNTAIN TO LAKE REALTY

    Billy Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 590-5830

    373 Total Sales

    6 in Ferrum

    $30K - $390K Price Range

    Billy Kingery
     Section Image
  • Lucinda Scruggs Real Estate Agent - QUALITY REALTY

    Lucinda Scruggs

    QUALITY REALTY

    (540) 401-5951

    124 Total Sales

    2 in Ferrum

    $265K - $275K Price Range

    Lucinda Scruggs
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • GA

    Seller's Agent in 2020

    Gregg Ayers

    PRIME REAL ESTATE SERVICES INC

    (540) 300-6311

    47 Total Sales

    Gregg Ayers
    Section Image
  • Stephanie Varney Real Estate Agent - VARNEY REALTY PARTNERS

    Buyer's Agent in 2020

    Stephanie Varney

    VARNEY REALTY PARTNERS

    (540) 798-0529

    51 Total Sales

    Stephanie Varney
    Section Image
  • Billy Kingery Real Estate Agent - MOUNTAIN TO LAKE REALTY

    Seller's Agent in 2017

    Billy Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 420-2030

    373 Total Sales

    Billy Kingery
    Section Image
  • Julie Kingery Real Estate Agent - MOUNTAIN TO LAKE REALTY

    Seller Co-Listing Agent in 2017

    Julie Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 420-0738

    210 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

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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