221 Progress Pkwy Franklin, VA 23851
Estimated Value: $4,675,783
--
Bed
--
Bath
135,311
Sq Ft
$35/Sq Ft
Est. Value
About This Home
This home is located at 221 Progress Pkwy, Franklin, VA 23851 and is currently estimated at $4,675,783, approximately $34 per square foot. 221 Progress Pkwy is a home located in Franklin City with nearby schools including S.P. Morton Elementary School, Joseph P. King Jr. Middle School, and Franklin High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 12, 2019
Sold by
Lb & Ubs 2007 & C6 221 Progress Parkway Llc
Bought by
Golden 221 Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,440,000
Outstanding Balance
$2,155,414
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$2,520,369
Purchase Details
Closed on
May 15, 2014
Sold by
Pardo Drazin Auctioneers Llc S
Bought by
Lb Ubs 2007 C6 221 Progress Pk
Purchase Details
Closed on
Oct 18, 2006
Sold by
Industrial Dev Authority Of Th
Bought by
Acjcs Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,250,000
Interest Rate
6.49%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Golden 221 Llc | $3,050,000 | Novare Ntl Stlmnt Svcs Llc | |
| Lb Ubs 2007 C6 221 Progress Pk | $4,670,000 | -- | |
| Acjcs Llc | $1,650,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Golden 221 Llc | $2,440,000 | |
| Previous Owner | Acjcs Llc | $5,250,000 |
Source: Public Records
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 | $30,976 | $3,007,400 | $322,300 | $2,685,100 |
| 2023 | $31,689 | $3,076,600 | $322,300 | $2,754,300 |
| 2022 | $31,689 | $3,076,600 | $322,300 | $2,754,300 |
| 2021 | $31,387 | $3,047,300 | $293,000 | $2,754,300 |
| 2020 | $45,954 | $3,047,300 | $293,000 | $2,754,300 |
| 2019 | $45,954 | $4,212,100 | $366,300 | $3,845,800 |
| 2018 | $45,954 | $4,641,800 | $366,300 | $4,275,500 |
| 2017 | $43,648 | $4,408,900 | $366,300 | $4,042,600 |
| 2016 | $43,648 | $4,408,900 | $366,300 | $4,042,600 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Map
Nearby Homes