20427 Drake Rd Franklin, VA 23851
Estimated Value: $445,000 - $462,000
4
Beds
2.5
Baths
2,204
Sq Ft
$206/Sq Ft
Est. Value
Highlights
- Deck
- 2 Fireplaces
- Workshop
- Attic
- No HOA
- Porch
About This Home
As of February 2025This home is located at 20427 Drake Rd, Franklin, VA 23851 since 07 February 2025 and is currently estimated at $453,265, approximately $205 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.
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,869
Avg. Annual Appreciation
-3.43%
Original Mortgage
$367,200
Outstanding Balance
$366,547
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$86,718
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
Summit Realty Group 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
Similar Homes in Franklin, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ricks Robert F | $459,000 | Fidelity National Title | |
| B & B Developers Llc | $270,000 | Fidelity National Title | |
| -- | $219,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ricks Robert F | $367,200 |
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
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
-
Kelsey Derby
Seller's Agent in 2025
Kelsey Derby
RE/MAX
(757) 635-0785
190 Total Sales
-
Torrey Knight
Seller's Agent in 2024
Torrey Knight
Summit Realty Group LLC
(757) 635-5874
17 Total Sales
-
Latoya Adkins
Seller Co-Listing Agent in 2024
Latoya Adkins
Summit Realty Group LLC
108 Total Sales
-
Michelle Buchanan
Buyer's Agent in 2024
Michelle Buchanan
RE/MAX
(757) 635-7653
91 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10569104
APN: 62-24B
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