NOT LISTED FOR SALE

290 Indian Summer Ln Ferrum, VA 24088

Estimated Value: $238,000 - $297,000

2 Beds
1.5 Baths
1,300 Sq Ft
$207/Sq Ft Est. Value

Last Sold September 01, 2016

Last sale price $127,500 $98 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,454/month

31 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Cottage
  • Stream or River on Lot
  • No HOA
  • Fenced Yard

About This Home

As of September 2016

11.58 woodsy acres w/cottage style home. Total privacy. Foyer, open family room/kitchen/dining area. Massive family room w/cathedral ceilings, fireplace w/new liner & windows surrounding entire room. Kitchen w/island & dining area. Master bedroom w/sliding doors to deck, walk in closet & half bath. Additional bedroom & full bath. Updates include 30 year roof 2007, Heat pump 2013, tilt windows. Extra features: whole house water filtration/softener, new survey.

Last Agent to Sell the Property

Billy Kingery

MOUNTAIN TO LAKE REALTY License #0225171683 Listed on: 07/01/2016

Co-Listed By

Julie Kingery

MOUNTAIN TO LAKE REALTY License #0225175848

Last Buyer's Agent

Billy Kingery

MOUNTAIN TO LAKE REALTY License #0225171683 Listed on: 07/01/2016

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $682

Year Built

  • Built in 1991

Lot Details

  • 11.58 Acre Lot
  • Property fronts a private road
  • Fenced Yard
  • Garden

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Cottage

Interior Spaces

  • 1,300 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Sliding Doors
  • Family Room with Fireplace
  • Attic Fan
  • Storm Doors
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Basement

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

Outdoor Features

  • Stream or River on Lot
  • Deck
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$682

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Interior Features: Attic Fan, Cathedral Ceiling, Ceiling Fan, Masonry Fireplace, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room
  • 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: Deck, Fenced Yard, Garden Space
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1300.00
  • ExteriorDoors: Insulated Storm, Sliding
  • Fireplace Number Fireplaces: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Other, See Remarks
  • InternetAccessCurntInternetProv: HughesNet Gen 4
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Cottage
  • Total Above Grd Fin S Q F T: 1300
  • TotalBdrm: 2
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1300.00
  • TotalHBaths: 1
  • 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, Side Porch

Utilities

  • Sewer Description: Private Septic - 2BR
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Private Road, Satellite Dish, Underground Util

Lot Info

  • Lot Description: Stream, Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 11.58
  • ZoningCode: NZ

Building Info

  • Year Built: 1991

Tax Info

  • Taxes (6 mo): 682.00

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
Jul 1, 2016
Closed on
Aug 19, 2016
Sold by
Rusinko Lance M and Rusinko Maura R
Bought by
Kraft Michael S and Kraft Ashley N
Seller's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
List Price
$139,900
Sold Price
$127,500
Premium/Discount to List
-$12,400
-8.86%
Current Estimated Value
$264,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,464
Avg. Annual Appreciation
8.29%
Original Mortgage
$127,500
Outstanding Balance
$101,355
Interest Rate
3.45%
Mortgage Type
VA
Estimated Equity
$168,155

Purchase Details

Closed on
Jan 24, 2005
Sold by
Lindsay Lennox H and Lindsay Audrey A
Bought by
Rusinko Lance M and Rusinko Maura R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,164
Interest Rate
5.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Kraft Michael S $127,500 None Available
Rusinko Lance M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kraft Michael S $127,500
Previous Owner Rusinko Lance M $112,164
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2016 09/01/16 Sold $127,500 -8.9% $98 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $139,900 -- $108 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $912 $212,100 $31,700 $180,400
2024 $912 $212,100 $31,700 $180,400
2023 $764 $125,300 $24,200 $101,100
2022 $764 $125,300 $24,200 $101,100
2021 $764 $125,300 $24,200 $101,100
2020 $764 $125,300 $24,200 $101,100
2019 $667 $109,300 $24,200 $85,100
2018 $667 $109,300 $24,200 $85,100
2017 $601 $108,800 $24,200 $84,600
2016 $601 $108,800 $24,200 $84,600
2015 $588 $108,800 $24,200 $84,600
2014 $588 $108,800 $24,200 $84,600
2013 $588 $108,800 $24,200 $84,600
Source: Public Records

Agents Affiliated with this Home

  • Billy Kingery

    Seller's Agent in 2016

    Billy Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 420-2030

    403 Total Sales

    Billy Kingery
    Section Image
  • Julie Kingery

    Seller Co-Listing Agent in 2016

    Julie Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 420-0738

    240 Total Sales

    Julie Kingery
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 828109

Roanoke Valley Association of REALTORS®

APN: 1140000601

Virginia Franklin County Ferrum 24088

290 Indian Summer Ln, Ferrum, VA

Not Listed for Sale

Mobile Manufactured

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