NOT LISTED FOR SALE

185 Fairlawn Dr Rocky Mount, VA 24151

Estimated Value: $132,497 - $181,000

2 Beds
1 Bath
672 Sq Ft
$242/Sq Ft Est. Value

Last Sold November 23, 2015

Last sale price $28,500 $42 Per Sq Ft

Est. 380% increase in value since last sale

Current estimated payment $784/month

77 Days on Market

Highlights

  • No HOA
  • Fenced Yard
  • Front Porch
  • Cottage

About This Home

As of November 2015

This charming home would be the perfect starter home or investment property. It features hardwood floors and oak kitchen cabinets. Maintenance free living with fenced front yard. Convenient to Downtown Rocky Mount.

Last Agent to Sell the Property

Rob Jordan

SML SALES INC License #0225067752 Listed on: 08/14/2015

Last Buyer's Agent

Kermit Johnson

COLDWELL BANKER TOWNSIDE, REALTORS(r) License #0225105309

COLDWELL BANKER TOWNSIDE, REALTORS(r)

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $234

Year Built

  • Built in 1949

Lot Details

  • Lot Dimensions are 160x58
  • Fenced Yard
  • Cleared Lot

Home Design

  • Cottage

Interior Spaces

  • 672 Sq Ft Home
  • Basement
  • Crawl Space
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Schools

  • Rocky Mount Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Fairlawn Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Legal Lot and Block 13 / 2

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$234

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Fenced Yard
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 672.00
  • ExteriorDoors: Wood
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 672
  • Internet Access: Undetermined
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2015-10-30
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: Cottage
  • Total Above Grd Fin S Q F T: 672
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 672.00
  • 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, Side Porch

Utilities

  • Sewer Description: Community System
  • Water Description: Community System
  • Water Heater Type: Tank

Schools

  • Elementary School: Rocky Mount Elementary
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Lot Info

  • Lot Description: Cleared
  • Lot Dimensions: 160x58
  • Property Group Id: 19990816212109142258000000
  • Lot: 13

Building Info

  • Year Built: 1949

Tax Info

  • Taxes (6 mo): 234.00
  • FILLTAXID: 2100005600

MLS Schools

  • Elementary School: Rocky Mount Elementary
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2015
Closed on
Nov 20, 2015
Sold by
The Secretary Of Hud
Bought by
Young Steven Ray and Youong Melissa Jarrels
Seller's Agent
Rob Jordan
SML SALES INC
Buyer's Agent
Kermit Johnson
COLDWELL BANKER TOWNSIDE, REALTORS(r)
List Price
$34,000
Sold Price
$28,500
Premium/Discount to List
-$5,500
-16.18%
Current Estimated Value
$136,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,348
Avg. Annual Appreciation
16.49%

Purchase Details

Closed on
Jul 13, 2015
Sold by
Smith Raquel A
Bought by
Secretary Of Hud

Purchase Details

Closed on
Feb 7, 2008
Sold by
Johnson James K and Johnson April
Bought by
Smith Raquel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600
Interest Rate
5.9%
Mortgage Type
Stand Alone Second
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
Young Steven Ray $28,500 First American Title Insuran
Secretary Of Hud $67,901 None Available
Smith Raquel A $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Raquel A $3,600
Previous Owner Smith Raquel A $70,887
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2015 11/23/15 Sold $28,500 -16.2% $42 / Sq Ft
10/30/2015 10/30/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $34,000 -- $51 / 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 $415 $96,600 $20,000 $76,600
2023 $336 $55,100 $17,000 $38,100
2022 $336 $55,100 $17,000 $38,100
2021 $336 $55,100 $17,000 $38,100
2020 $336 $55,100 $17,000 $38,100
2019 $303 $49,700 $16,000 $33,700
2018 $303 $49,700 $16,000 $33,700
2017 $273 $46,700 $16,000 $30,700
2016 $273 $46,700 $16,000 $30,700
2015 $252 $46,700 $16,000 $30,700
2014 $252 $46,700 $16,000 $30,700
2013 $252 $46,700 $16,000 $30,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 818344

Roanoke Valley Association of REALTORS®

APN: 2100005600