NOT LISTED FOR SALE

300 Elk Ln Ferrum, VA 24088

Ferrum Neighborhood

Estimated Value: $274,000 - $312,000

3 Beds
3 Baths
1,200 Sq Ft
$240/Sq Ft Est. Value

About This Home

This home is located at 300 Elk Ln, Ferrum, VA 24088 and is currently estimated at $288,218, approximately $240 per square foot. 300 Elk Ln 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
Mar 9, 2020
Sold by
Young Gary B
Bought by
Chitwood Tabatha M
Current Estimated Value
$294,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Interest Rate
3.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 21, 2018
Sold by
Gibson Larry E and White Carol Gibson
Bought by
Young Gary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,535
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Chitwood Tabatha M $172,000 Acquisition Title And Setmnt
Young Gary B $156,950 Virginia First Title & Settl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chitwood Tabatha M $47,000
Closed Chitwood Tabatha M $7,500
Open Chitwood Tabatha M $165,954
Previous Owner Young Gary B $158,535
Source: Public Records

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 $1,059 $246,200 $22,000 $224,200
2023 $901 $147,700 $15,000 $132,700
2022 $901 $147,700 $15,000 $132,700
2021 $901 $147,700 $15,000 $132,700
2020 $901 $147,700 $15,000 $132,700
2019 $612 $100,300 $15,000 $85,300
2018 $612 $100,300 $15,000 $85,300
2017 $552 $103,900 $17,000 $86,900
2016 $552 $103,900 $17,000 $86,900
2015 $141 $103,900 $17,000 $86,900
2014 $141 $103,900 $17,000 $86,900
2013 $141 $103,900 $17,000 $86,900
Source: Public Records

Map

Virginia Franklin County Ferrum 24088 Ferrum

300 Elk Ln, Ferrum, VA

This home is located at 300 Elk Ln, Ferrum, VA 24088 and is currently estimated at $288,218, approximately $240 per square foot. 300 Elk Ln is a home located in Franklin County with nearby schools including Ferrum Elementary School, Benjamin Franklin Middle School, and Franklin County High School.

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