NOT LISTED FOR SALE

180 Thompson Ridge Cir Ferrum, VA 24088

Estimated Value: $372,000 - $622,727

3 Beds
2.5 Baths
2,459 Sq Ft
$213/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $540,000 $220 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,987/month

88 Days on Market

Highlights

  • Horses Allowed On Property
  • Deck
  • Cathedral Ceiling
  • Cape Cod Architecture
  • Wood Burning Stove
  • No HOA

About This Home

As of September 2023

Log Home with 17+ acres! Enjoy privacy on multiple parcels totaling over 17 un-zoned acres in the foothills of Virginia's Blue Ridge. Room to play, have your homestead or hobby farm. Custom Log home features a metal roof, open floor plan, cathedral ceiling with exposed beams, and stone fireplace for gas logs or wood burning. One-level living with master suite, great room, kitchen with walk-in pantry, office/hobby room and laundry on the main floor. Room for family and guests upstairs & full walkout basement with tons of storage space. Well maintained, just re-stained & caulked in 2022.

Last Agent to Sell the Property

Matt Pagans

MKB, REALTORS(r) - AT THE LAKE License #0225092903 Listed on: 05/12/2023

Last Buyer's Agent

Esther Cerle

ADVANTAGE REALTY LLC License #0225213508

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,834

Year Built

  • Built in 2004

Lot Details

  • 17.6 Acre Lot
  • Level Lot
  • Garden

Home Design

  • Cape Cod Architecture
  • Log Cabin

Interior Spaces

  • 2,459 Sq Ft Home
  • 1.5-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Sliding Doors
  • Great Room with Fireplace
  • Storage
  • Laundry on main level
  • Property Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Basement

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

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,834

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Interior Features: Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Masonry Fireplace, Storage, Walk-in-Closet, Wood Stove
  • Heating System: Heat Pump Electric, Zoned Heat
  • Fireplace(s): Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Central Vacuum, Dishwasher, Down Draft Ventilation, Range Electric
  • Cooling System: Central Cooling, Heat Pump Electric, Zoned Cooling
  • Outside Features: Covered Porch, Deck, Garden Space, Storage Shed
  • Views: Sunrise, Sunset
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1570.00
  • ExteriorDoors: Sliding, Wood
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 4578
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: DSL, Other, See Remarks
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2023-08-08
  • Residential Type: Detached
  • Style Of House: 1.5 Story, Cape Cod
  • Total Above Grd Fin S Q F T: 2459
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2459.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 2119.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1546.00
  • Unfinished Attached S Q F T Other Below Grd Unfin S Q F T: 344.00
  • Unfinished Attached S Q F T Upper Above Grd Unfin S Q F T: 229.00
  • UpperAboveGrdFin Sq Ft: 889.00
  • Water Class: N/A
  • WaterDetails: Short Term Rental
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Horses Permitted

Schools

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

Green Features

  • Energy Features: Wood Stove

Lot Info

  • Lot Description: Gentle Slope, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 17.60
  • ZoningCode: No Zoning

Building Info

  • Year Built: 2004

Tax Info

  • Taxes (6 mo): 1834.27
  • FILLTAXID: 0940008513, 0940008512 Plus See Addendum

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
May 12, 2023
Closed on
Sep 6, 2023
Sold by
Walker Billy Ray and Walker Yvonne Scott
Bought by
Donnelly Walter A and Donnelly Michele J
Seller's Agent
Matt Pagans
MKB, REALTORS(r) - AT THE LAKE
Buyer's Agent
Esther Cerle
ADVANTAGE REALTY LLC
List Price
$589,000
Sold Price
$540,000
Premium/Discount to List
-$49,000
-8.32%
Views
84
Current Estimated Value
$523,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,818
Avg. Annual Appreciation
3.57%
Original Mortgage
$407,000
Outstanding Balance
$400,073
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$178,364
Source: Public Records

Range of Values:

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Average Value
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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
Donnelly Walter A $540,000 First Choice Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donnelly Walter A $407,000
Previous Owner Walker Yvonne S $30,000
Previous Owner Walker Yvonne Scott $145,000
Previous Owner Walker Billy Ray $75,119
Previous Owner Walker Billy Ray $120,000
Previous Owner Walker Billy Ray $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $540,000 -8.3% $220 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $589,000 0.0% $240 / Sq Ft
06/17/2023 06/17/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $589,000 -- $240 / 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 $1,631 $379,400 $40,400 $339,000
2023 $1,618 $265,200 $33,400 $231,800
2022 $1,618 $265,200 $33,400 $231,800
2021 $1,618 $265,200 $33,400 $231,800
2020 $1,618 $265,200 $33,400 $231,800
2019 $1,476 $242,000 $33,400 $208,600
2018 $1,476 $242,000 $33,400 $208,600
2017 $1,331 $228,700 $33,400 $195,300
2016 $1,331 $228,700 $33,400 $195,300
2015 $1,235 $228,700 $33,400 $195,300
2014 $1,235 $228,700 $33,400 $195,300
2013 $1,235 $228,700 $33,400 $195,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Matt Pagans

    MKB, REALTORS(r) - AT THE LAKE

    21 Total Sales

    Matt Pagans
    Section Image

  • E

    Buyer's Agent in 2023

    Esther Cerle

    ADVANTAGE REALTY LLC

    (540) 819-4794

    112 Total Sales

    Esther Cerle
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 898177

Roanoke Valley Association of REALTORS®

APN: 0940008513

Virginia Franklin County Ferrum 24088

180 Thompson Ridge Cir, Ferrum, VA

This home is located at 180 Thompson Ridge Cir, Ferrum, VA 24088 since 12 May 2023 and is currently estimated at $523,182, approximately $212 per square foot. This property was built in 2004. 180 Thompson Ridge Cir is a home located in Franklin County with nearby schools including Ferrum Elementary School, Benjamin Franklin Middle School, and Franklin County 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.

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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