NOT LISTED FOR SALE

2255 Thompson Ridge Rd Ferrum, VA 24088

Estimated Value: $224,000 - $280,487

3 Beds
1.5 Baths
1,530 Sq Ft
$164/Sq Ft Est. Value

Last Sold February 23, 2015

Last sale price $100,000 $65 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,444/month

143 Days on Market

Highlights

  • Wood Burning Stove
  • Covered Patio or Porch
  • 2 Car Detached Garage
  • No HOA
  • Breakfast Area or Nook
  • Shed

About This Home

As of February 2015

Country setting-very nice home and 1.08 acres with oversized 30x48 detached garage. Covered front porch, entry level master bedroom. New heat pump, new hickory cabinets, new flooring in kitchen and family room. Freshly painted. Convenient to Ferrum College & Philpott Lake.

Last Agent to Sell the Property

Billy Kingery

MOUNTAIN TO LAKE REALTY License #0225171683 Listed on: 08/08/2014

Last Buyer's Agent

Billy Kingery

MOUNTAIN TO LAKE REALTY License #0225171683 Listed on: 08/08/2014

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $614

Year Built

  • Built in 1975

Lot Details

  • 1.08 Acre Lot
  • Gentle Sloping Lot
  • Cleared Lot
  • Garden

Parking

  • 2 Car Detached Garage

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 1,530 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Drapes & Rods
  • Sliding Doors
  • Insulated Doors
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Basement

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

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Satellite Dish

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$614

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Breakfast Area, Ceiling Fan, Wood Stove
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Garden Space, Storage Shed
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 1050.00
  • ExteriorDoors: Insulated, Sliding
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 3060
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: DSL
  • InternetAccessCurntInternetProv: CenturyLink
  • LaundryLaundryLowerLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2014-12-29
  • Residential Type: Detached
  • Style Of House: 3 Lvl Split
  • Total Above Grd Fin S Q F T: 1530
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1530.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 1530.00
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 1530.00
  • UpperAboveGrdFin Sq Ft: 480.00
  • 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, Rear Porch

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Maint-Free Exterior, Satellite Dish

Schools

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

Green Features

  • Energy Features: Wood Stove

Lot Info

  • Lot Description: Cleared, Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.08
  • ZoningCode: NZ

Rental Info

  • Tenant: Owner

Building Info

  • Year Built: 1975

Tax Info

  • Taxes (6 mo): 614.00
  • FILLTAXID: 0940008100

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
Aug 8, 2014
Closed on
Feb 20, 2015
Sold by
Crum Jason
Bought by
Justice Rodney
Seller's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
List Price
$102,900
Sold Price
$100,000
Premium/Discount to List
-$2,900
-2.82%
Current Estimated Value
$251,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,372
Avg. Annual Appreciation
9.18%
Original Mortgage
$102,040
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2012
Closed on
Aug 14, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Crum Jason and Crum Veleka
Seller's Agent
Kermit Johnson
COLDWELL BANKER TOWNSIDE, REALTORS(r)
Buyer's Agent
Julie Kingery
MOUNTAIN TO LAKE REALTY
List Price
$74,900
Sold Price
$72,500
Premium/Discount to List
-$2,400
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.79%

Purchase Details

Closed on
May 24, 2012
Sold by
Schmidt Clinton M and Us Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 11, 2007
Sold by
Fain Jo Anne G
Bought by
Schmidt Clinton M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.63%
Mortgage Type
New Conventional
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
Justice Rodney $100,000 Old Republic National Title
Crum Jason -- None Available
Federal Home Loan Mortgage Corporation $112,000 None Available
Schmidt Clinton M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pickett Zachary Jeremiah $204,232
Closed Justice Rodney $94,215
Closed Justice Rodney $102,040
Previous Owner Schmidt Clinton M $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2015 02/23/15 Sold $100,000 -2.8% $65 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
08/08/2014 08/08/14 For Sale $102,900 +41.9% $67 / Sq Ft
08/29/2012 08/29/12 Sold $72,500 -3.2% $47 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
07/19/2012 07/19/12 For Sale $74,900 -- $49 / 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 $886 $206,100 $24,000 $182,100
2023 $767 $125,800 $17,000 $108,800
2022 $767 $125,800 $17,000 $108,800
2021 $767 $125,800 $17,000 $108,800
2020 $767 $125,800 $17,000 $108,800
2019 $653 $107,000 $17,000 $90,000
2018 $653 $107,000 $17,000 $90,000
2017 $589 $111,800 $17,000 $94,800
2016 $589 $111,800 $17,000 $94,800
2015 $604 $111,800 $17,000 $94,800
2014 $604 $111,800 $17,000 $94,800
2013 $604 $111,800 $17,000 $94,800
Source: Public Records

Agents Affiliated with this Home

  • Billy Kingery

    Seller's Agent in 2015

    Billy Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 420-2030

    414 Total Sales

    Billy Kingery
    Section Image
  • Kermit Johnson

    Seller's Agent in 2012

    Kermit Johnson

    COLDWELL BANKER TOWNSIDE, REALTORS(r)

    (540) 529-0398

    58 Total Sales

    Kermit Johnson
    Section Image
  • Julie Kingery

    Buyer's Agent in 2012

    Julie Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 420-0738

    250 Total Sales

    Julie Kingery
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 806838

Roanoke Valley Association of REALTORS®

APN: 0940008100

Virginia Franklin County Ferrum 24088

2255 Thompson Ridge Rd, Ferrum, VA

This home is located at 2255 Thompson Ridge Rd, Ferrum, VA 24088 since 08 August 2014 and is currently estimated at $251,372, approximately $164 per square foot. This property was built in 1975. 2255 Thompson Ridge Rd 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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