NOT LISTED FOR SALE

262 Tharp Creek Rd Ferrum, VA 24088

Estimated Value: $195,000

2 Beds
2 Baths
1,412 Sq Ft
$138/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $280,000 $198 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $1,214/month

6 Days on Market

Highlights

  • Barn
  • 99.48 Acre Lot
  • Living Room with Fireplace
  • Horses Allowed On Property
  • Mountain View
  • Stream or River on Lot

About This Home

As of July 2021

Privacy and seclusion with this 99+ acre property. New septic installed 2021. New gas furnace 2020. New survey 2019. Rustic home with beams, wide plank flooring, slate walkway and screen porch. Extremely well landscaped with extensive flower gardens. Updates include roof 2011, water heater 2019, and updated plumbing and electric. Good property for horses with pasture, creek, barn, and shed. Roughly 8 acres fenced. Well approximately 20 years old. Year build, sq. footage estimated and based on county records. Taxes estimated and based on list price.

Last Agent to Sell the Property

Bob Parcell

MOUNTAIN TO LAKE REALTY License #0225082024 Listed on: 05/11/2021

Last Buyer's Agent

Bob Parcell

MOUNTAIN TO LAKE REALTY License #0225082024 Listed on: 05/11/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,678

Year Built

  • Built in 1908

Lot Details

  • 99.48 Acre Lot
  • Wooded Lot
  • Garden
  • Property is zoned NZ

Parking

  • 10 Open Parking Spaces

Home Design

  • Cottage

Interior Spaces

  • 1,412 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Screened Porch
  • Storage
  • Laundry on main level
  • Mountain Views
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Stream or River on Lot
  • Shed

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot Parcel C

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,678

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Ceiling Fan, Gas Log Fireplace, Storage
  • Heating System: Forced Air Gas, Heat Pump Electric
  • Fireplace(s): Den, Living Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Barn, Garden Space, Screened Porch, Storage Shed
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1412.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 2
  • InternetAccessCurntInternetProv: Hughes Net
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Cottage
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1412
  • TotalBdrm: 2
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1412.00
  • UncoveredNumberSpaces: 10.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Side Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Horses Permitted, Other - See Remarks, Stream

Lot Info

  • Lot Description: Varied, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 99.48
  • Lot: Parcel C
  • ZoningCode: NZ

Building Info

  • Year Built: 1908

Tax Info

  • Taxes (6 mo): 1678.00

MLS Schools

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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $280,000 +1.8% $198 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $275,000 -- $195 / 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
2021 $471 $85,100 $31,500 $53,600
2020 $471 $85,100 $31,500 $53,600
2019 $456 $82,700 $31,500 $51,200
2018 $456 $82,700 $31,500 $51,200
2017 $411 $83,800 $34,800 $49,000
2016 $411 $83,800 $34,800 $49,000
2015 $453 $83,800 $34,800 $49,000
2014 $453 $83,800 $34,800 $49,000
2013 $453 $83,800 $34,800 $49,000
Source: Public Records

Agents Affiliated with this Home

  • Bob Parcell

    Seller's Agent in 2021

    Bob Parcell

    MOUNTAIN TO LAKE REALTY

    (540) 483-5566

    202 Total Sales

    Bob Parcell
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 879704

Roanoke Valley Association of REALTORS®

APN: 0940000803

Virginia Franklin County Ferrum 24088

262 Tharp Creek Rd, Ferrum, VA

Not Listed for Sale

Detached

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