$459,000
SOLD FEB 7, 2025

20427 Drake Rd Franklin, VA 23851

4 Beds
2.5 Baths
2,204 Sq Ft
2.06 Acres

Recently Sold

$208 Per Sq Ft

Highlights

  • Deck
  • 2 Fireplaces
  • Workshop
  • Attic
  • No HOA
  • Porch

About This Home

As of February 2025

This home is located at 20427 Drake Rd, Franklin, VA 23851 and is currently priced at $459,000, approximately $208 per square foot. This property was built in 1994. 20427 Drake Rd is a home located in Southampton County with nearby schools including Southampton High School and Rock Church School.

Last Agent to Sell the Property

Kelsey Derby

RE/MAX Country to Coast Listed on: 02/07/2025

RE/MAX Country to Coast

Last Buyer's Agent

Kelsey Derby

RE/MAX Country to Coast Listed on: 02/07/2025

RE/MAX Country to Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,189

Year Built

  • Built in 1994

Lot Details

  • 2.06 Acre Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,204 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Entrance Foyer
  • Workshop
  • Utility Room
  • Washer and Dryer Hookup
  • Laminate Flooring
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • 3 Garage Spaces | 2 Attached and 1 Detached
  • Garage Door Opener

Outdoor Features

  • Deck
  • Storage Shed
  • Porch

Schools

  • Riverdale Elementary School
  • Southampton Middle School
  • Southampton High School

Utilities

  • Zoned Heating and Cooling
  • Geothermal Heating and Cooling
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • All Others Area 68 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,189

Year Built

Built in 1994

Lot Details

0

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Detached
  • Property Type - Cross Property: Detached Residential
  • Style: Ranch
  • GarageYN: Yes
  • AICUZ - Crash: None
  • AICUZ - Noise: N/A
  • Master Model: No
  • LP/ Sq Ft: 208.26
  • Estimated Year Built: 1994
  • Num Beds With Ensuite: 1
  • Address Street Name Website: Drake
  • Address Street Num Website: 20427
  • Address Website: 20427 Drake RD
  • Fence: No
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1994

Interior Features

  • Interior Amenities: Pull Down Attic Stairs
  • Fireplaces Number: 2
  • Equipment: Ceiling Fan, Gar Door Opener
  • Flooring Type: Laminate/LVP
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, 1st Floor Primary BR, Attic, Foyer, PBR with Bath, Pantry, Porch, Utility Room, Workshop
  • Appliances: Dishwasher, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
  • Stories Number: 1.0000
  • Estimated Sq Ft: 2204

Exterior Features

  • Exterior Features: Deck, Storage Shed, Well
  • Exterior Siding: Brick
  • Fence Description: None
  • Foundation Type: Crawl
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Garage Att 2 Car, Garage Det 1 Car

Utilities

  • Sewer Type: Septic
  • Water Heater Type: Electric
  • Water Type: Well
  • Cooling: Geo Thermal, Zoned
  • Heating: Geo Thermal, Zoned

Schools

  • Elementary School: Riverdale Elementary
  • Middle School: Southampton Middle
  • High School: Southampton

Lot Info

  • Waterfront YN: No
  • Estimated Acres: 2.0630

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 3189

MLS Schools

  • Elementary School: Riverdale Elementary
  • School High School: Southampton
  • Middle School: Southampton Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2025
Closed on
Jan 20, 2025
Sold by
B & B Developers Llc
Bought by
Ricks Robert F and Ricks Lori L
Seller's Agent
Kelsey Derby
RE/MAX Country to Coast
Buyer's Agent
Kelsey Derby
RE/MAX Country to Coast
Sold Price
$459,000
Views
8
Current Estimated Value
$444,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,696
Avg. Annual Appreciation
-5.96%
Original Mortgage
$367,200
Outstanding Balance
$365,220
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$79,084

Purchase Details

Listed on
Apr 4, 2024
Closed on
Nov 4, 2024
Sold by
Briley Wayne F and Flake Briley Wayne
Bought by
B & B Developers Llc
Seller's Agent
Torrey Knight
EXP Realty LLC
Buyer's Agent
Michelle Buchanan
RE/MAX Country to Coast
List Price
$399,000
Sold Price
$270,000
Premium/Discount to List
-$129,000
-32.33%
Views
778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
613.70%

Purchase Details

Closed on
Nov 19, 2002
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $459,000 Fidelity National Title
Bargain Sale Deed $270,000 Fidelity National Title
Deed $219,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $367,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $459,000 +70.0% $208 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
11/01/2024 11/01/24 Sold $270,000 -19.3% $123 / Sq Ft
07/12/2024 07/12/24 Price Changed $334,500 -4.3% $152 / Sq Ft
06/21/2024 06/21/24 Price Changed $349,500 -8.0% $159 / Sq Ft
04/28/2024 04/28/24 Price Changed $380,000 -4.8% $172 / Sq Ft
04/04/2024 04/04/24 For Sale $399,000 -- $181 / Sq Ft
Source: Real Estate Information Network (REIN)

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 $3,189 $449,100 $55,300 $393,800
2023 $2,595 $291,600 $33,200 $258,400
2022 $2,595 $291,600 $33,200 $258,400
2021 $2,595 $291,600 $33,200 $258,400
2020 $2,595 $291,600 $33,200 $258,400
2019 $2,610 $291,600 $33,200 $258,400
2018 $2,479 $291,600 $33,200 $258,400
2017 $2,631 $309,500 $33,200 $276,300
2016 -- $309,500 $0 $0
2015 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10569104

Real Estate Information Network (REIN)

APN: 62-24B