2640 Timber Line Rd Ferrum, VA 24088
Estimated Value: $261,898 - $344,000
4
Beds
2
Baths
1,664
Sq Ft
$175/Sq Ft
Est. Value
About This Home
This home is located at 2640 Timber Line Rd, Ferrum, VA 24088 and is currently estimated at $291,975, approximately $175 per square foot. 2640 Timber Line Rd is a home located in Franklin County with nearby schools including Ferrum Elementary School, Benjamin Franklin Middle School, and Franklin County High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 22, 2021
Sold by
Swanson Donald P and Swanson Judy B
Bought by
Witt David Samuel and Witt Linda Lee
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
$112,000
Outstanding Balance
$97,909
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$194,066
Purchase Details
Closed on
May 30, 2012
Sold by
Swanson Bonnie Y
Bought by
Swanson Donald P and Swanson Judy B
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Witt David Samuel | $140,000 | Virginia Title Center Llc | |
| Swanson Donald P | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Witt David Samuel | $112,000 |
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 |
|---|---|---|---|---|
| 2025 | $1,028 | $239,000 | $28,700 | $210,300 |
| 2024 | $1,028 | $239,000 | $28,700 | $210,300 |
| 2023 | $913 | $149,700 | $21,700 | $128,000 |
| 2022 | $903 | $149,700 | $21,700 | $128,000 |
| 2021 | $883 | $144,700 | $21,700 | $123,000 |
| 2020 | $883 | $144,700 | $21,700 | $123,000 |
| 2019 | $819 | $134,200 | $21,700 | $112,500 |
| 2018 | $819 | $134,200 | $21,700 | $112,500 |
| 2017 | $738 | $135,300 | $21,700 | $113,600 |
| 2016 | $738 | $135,300 | $21,700 | $113,600 |
| 2015 | $731 | $135,300 | $21,700 | $113,600 |
| 2014 | $731 | $135,300 | $21,700 | $113,600 |
| 2013 | $731 | $135,300 | $21,700 | $113,600 |
Source: Public Records
Map
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