Seller's Agent in 2021
Rick Smith
MKB, REALTORS(r) - AT THE LAKE
(540) 420-4663
87 Total Sales
260 Lanahan Ln Ferrum, VA 24088
Estimated Value: $229,000 - $458,000
3
Beds
2
Baths
1,871
Sq Ft
$186/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Covered Patio or Porch
- Level Lot
- No HOA
- French Doors
About This Home
As of October 2021This is a great investment property or home to make you own that has so much potential. Full brick to grade, custom hickory cabinets, oversized master bedroom. Full unfinished basement. Covered rear porch. Beautiful level lots located around 10 minutes from the town of Rocky Mount.
Last Agent to Sell the Property
MKB, REALTORS(r) - AT THE LAKE License #0225068599 Listed on: 09/29/2021
Last Buyer's Agent
MKB, REALTORS(r) - AT THE LAKE License #0225068599 Listed on: 09/29/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,100
Year Built
- Built in 1978
Lot Details
- 2.12 Acre Lot
- Level Lot
- Property is zoned NZ
Home Design
- Ranch Style House
- Brick Exterior Construction
Interior Spaces
- 1,871 Sq Ft Home
- French Doors
- Basement Fills Entire Space Under The House
- Laundry on main level
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Covered Patio or Porch
Schools
- Ferrum Elementary School
- Ben Franklin Middle School
- Franklin County High School
Utilities
- Heat Pump System
- Cable TV Available
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 5, 2022
Sold by
David Pendleton
Bought by
Merhar Steven P
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
$264,000
Outstanding Balance
$252,975
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$86,566
Purchase Details
Listed on
Sep 29, 2021
Closed on
Oct 11, 2021
Sold by
Hicks Edwin H and Hicks Taylor H
Bought by
Pendleton David
Seller's Agent
Rick Smith
MKB, REALTORS(r) - AT THE LAKE
Buyer's Agent
Rick Smith
MKB, REALTORS(r) - AT THE LAKE
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.38%
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 |
|---|---|---|---|
| Merhar Steven P | $330,000 | None Listed On Document | |
| Pendleton David | $165,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Merhar Steven P | $264,000 | |
| Previous Owner | Whitlock Rhonda L | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/13/2021 10/13/21 | Sold | $165,000 | -5.7% | $88 / Sq Ft |
| 10/01/2021 10/01/21 | Pending | -- | -- | -- |
| 09/29/2021 09/29/21 | For Sale | $175,000 | -- | $94 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
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 | $1,185 | $275,500 | $28,200 | $247,300 |
| 2023 | $1,023 | $167,700 | $21,200 | $146,500 |
| 2022 | $951 | $155,900 | $21,200 | $134,700 |
| 2021 | $951 | $155,900 | $21,200 | $134,700 |
| 2020 | $951 | $155,900 | $21,200 | $134,700 |
| 2019 | $866 | $142,000 | $21,200 | $120,800 |
| 2018 | $866 | $142,000 | $21,200 | $120,800 |
| 2017 | $781 | $143,800 | $22,000 | $121,800 |
| 2016 | $781 | $143,800 | $22,000 | $121,800 |
| 2015 | $777 | $143,800 | $22,000 | $121,800 |
| 2014 | $777 | $143,800 | $22,000 | $121,800 |
| 2013 | $777 | $143,800 | $22,000 | $121,800 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Smith
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 884155
APN: 0810103700
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.
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