NOT LISTED FOR SALE

2717 Thompson Ridge Rd Ferrum, VA 24088

Estimated Value: $162,000 - $231,000

2 Beds
1 Bath
1,394 Sq Ft
$147/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $145,000 $104 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,160/month

15 Days on Market

Highlights

  • Horses Allowed On Property
  • 1 Fireplace
  • Patio
  • Mountain View
  • No HOA
  • Storage

About This Home

As of March 2021

Charming & Beautiful cottage style home, with over 8 acres of nice land. Updated farm like home, beautiful and impeccable style taste. Minutes away from the college, from Philpott Lake, and town. Privacy at it's best! Completely redone new plumbing, electrical, floors, new everything! Good storage buildings. Workshop with deck has it own heatpump/central air unit. THis one won't last long, this home will sell itself, just get inside!

Last Agent to Sell the Property

Tricia Johnson

PROPERTY NAVIGATORS LLC License #0225079258 Listed on: 02/25/2021

Last Buyer's Agent

Tricia Johnson

PROPERTY NAVIGATORS LLC License #0225079258 Listed on: 02/25/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $420

Year Built

  • Built in 1953

Lot Details

  • 8.75 Acre Lot
  • Gentle Sloping Lot
  • Property is zoned nz

Home Design

  • Slab Foundation

Interior Spaces

  • 1,394 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Storage
  • Laundry on main level
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$420

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Storage
  • Heating System: Heat Pump Electric
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Cooling System: Heat Pump Electric
  • Outside Features: Patio, Storage Shed
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 951.00
  • ExteriorDoors: Fiberglass
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1394
  • Internet Access: DSL
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2021-03-12
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1394
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1394.00
  • UpperAboveGrdFin Sq Ft: 443.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: No

Utilities

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

Association/Amenities

  • Misc Features: Horses Permitted, Maint-Free Exterior

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 8.75
  • ZoningCode: nz

Building Info

  • Year Built: 1953

Tax Info

  • Taxes (6 mo): 420.00
  • FILLTAXID: 0940007500

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
Feb 25, 2021
Closed on
Mar 22, 2021
Sold by
James Jeffrey M and James Judy C
Bought by
Mathis Danny Eugene
Seller's Agent
Tricia Johnson
PROPERTY NAVIGATORS LLC
Buyer's Agent
Tricia Johnson
PROPERTY NAVIGATORS LLC
List Price
$169,700
Sold Price
$145,000
Premium/Discount to List
-$24,700
-14.56%
Current Estimated Value
$204,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,362
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Nov 10, 2006
Sold by
James Jeffrey M and James Judy C
Bought by
James Jeffrey M and James Judy C
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
Mathis Danny Eugene $142,000 None Available
James Jeffrey M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Jeffrey M $121,600
Previous Owner Bibbee Jennifer J $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $145,000 -14.6% $104 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $169,700 -- $122 / 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 $552 $139,200 $39,500 $99,700
2023 $419 $68,700 $32,500 $36,200
2022 $419 $68,700 $32,500 $36,200
2021 $419 $68,700 $32,500 $36,200
2020 $419 $68,700 $32,500 $36,200
2019 $384 $63,000 $32,500 $30,500
2018 $384 $63,000 $32,500 $30,500
2017 $347 $59,900 $34,100 $25,800
2016 $347 $59,900 $34,100 $25,800
2015 -- $59,900 $34,100 $25,800
2014 -- $59,900 $34,100 $25,800
2013 -- $59,900 $34,100 $25,800
Source: Public Records

Agents Affiliated with this Home

  • Tricia Johnson

    Seller's Agent in 2021

    Tricia Johnson

    PROPERTY NAVIGATORS LLC

    (540) 814-3399

    299 Total Sales

    Tricia Johnson
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 877268

Roanoke Valley Association of REALTORS®

APN: 0940007500

Virginia Franklin County Ferrum 24088

2717 Thompson Ridge Rd, Ferrum, VA

This home is located at 2717 Thompson Ridge Rd, Ferrum, VA 24088 since 25 February 2021 and is currently estimated at $204,362, approximately $146 per square foot. This property was built in 1953. 2717 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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