2987 Dry Hill Rd Ferrum, VA 24088
Estimated Value: $298,362 - $320,000
3
Beds
3
Baths
1,400
Sq Ft
$222/Sq Ft
Est. Value
About This Home
This home is located at 2987 Dry Hill Rd, Ferrum, VA 24088 and is currently estimated at $311,121, approximately $222 per square foot. 2987 Dry Hill 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 16, 2021
Sold by
Mckinney Linda Martin
Bought by
Morton Linda and Morton Barry T
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
$109,000
Outstanding Balance
$87,092
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$191,372
Purchase Details
Closed on
Jan 26, 2009
Sold by
Mckinney Bruce Allen
Bought by
Mckinney Linda Martin
Purchase Details
Closed on
Sep 29, 2005
Sold by
Mckinney Bruce and Martin Mckinney Linda
Bought by
Equity Trustees Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Morton Linda | -- | Virginia Title Center | |
Mckinney Linda Martin | -- | -- | |
Equity Trustees Llc | $82,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Morton Linda | $109,000 |
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 |
---|---|---|---|---|
2024 | $1,050 | $244,200 | $31,100 | $213,100 |
2023 | $876 | $143,600 | $24,100 | $119,500 |
2022 | $881 | $143,600 | $24,100 | $119,500 |
2021 | $863 | $144,500 | $25,000 | $119,500 |
2020 | $863 | $141,500 | $22,000 | $119,500 |
2019 | $800 | $131,100 | $22,000 | $109,100 |
2018 | $800 | $131,100 | $22,000 | $109,100 |
2017 | $721 | $125,200 | $19,400 | $105,800 |
2016 | $721 | $125,200 | $19,400 | $105,800 |
2015 | $676 | $125,200 | $19,400 | $105,800 |
2014 | $676 | $125,200 | $19,400 | $105,800 |
2013 | $676 | $125,200 | $19,400 | $105,800 |
Source: Public Records
Map
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