308 Old Sedley Rd Franklin, VA 23851
3
Beds
2
Baths
1,992
Sq Ft
0.46
Acres
Highlights
- Deck
- Workshop
- Front Porch
- Separate Formal Living Room
- 2.5 Car Garage
- Eat-In Kitchen
About This Home
As of August 2024Investors and buyers seeking a project with potential for equity gain will find this home ideal. Nestled on a spacious 117' x 200' lot in the heart of Franklin, just steps away from the High School and Hospital, this 1992 sq ft home awaits your vision. Although it requires some TLC, this fixer-upper boasts excellent structural integrity. Highlights include a 230 sq ft front porch, 3 bedrooms, 2 bathrooms, a generous family room with a fireplace, and a large kitchen/dining area with sliding glass doors opening onto a sunroom and expansive deck. Additional features comprise an oversized 2-car garage with a separate storage room, plus a detached 660 sq ft garage with a 272 sq ft attached shed. PROPERTY STRICTLY SOLD "AS IS", "WHERE IS". Perform Due Diligence.
This property offers a fantastic opportunity for those ready to transform it into a stunning home brimming with value. While updates are needed, this residence is primed for buyers eager to embark on a project and imbue their personal style into their new living space. Don’t miss out – schedule a preview today!
Last Agent to Sell the Property
1st Class Real Estate-Coastal Breeze License #0225216720 Listed on: 04/26/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,105
Year Built
- Built in 1985
Lot Details
- 0.46 Acre Lot
- Lot Dimensions are 117' x 200'
- Chain Link Fence
- Back Yard Fenced
- Level Lot
- Zoning described as RO
Parking
- 2.5 Car Garage
- Driveway
Home Design
- Frame Construction
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,992 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Fireplace Features Masonry
- Separate Formal Living Room
- Workshop
- Washer Hookup
Kitchen
- Eat-In Kitchen
- Electric Cooktop
Flooring
- Partially Carpeted
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Outdoor Features
- Deck
- Shed
- Front Porch
Schools
- S P Morton Elementary School
- J P King Middle School
- Franklin High School
Utilities
- Central Air
- Heat Pump System
- Water Heater
- Sewer Not Available
Community Details
- Franklin Subdivision
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 071-129-2
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2024
Closed on
Aug 19, 2024
Sold by
Carrithers David A
Bought by
Justice Kaitlyn Elizabeth
Seller's Agent
Kimberly Harrah
1st Class Real Estate-Coastal Breeze
Buyer's Agent
Elizabeth Renney
BHHS RW Towne Realty LLC
List Price
$249,000
Sold Price
$221,660
Premium/Discount to List
-$27,340
-10.98%
Total Days on Market
97
Views
255
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,649
Avg. Annual Appreciation
15.98%
Original Mortgage
$215,010
Outstanding Balance
$213,312
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$40,741
Similar Homes in Franklin, VA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $221,660 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $215,010 | New Conventional | |
| Previous Owner | $21,000 | Credit Line Revolving | |
| Previous Owner | $121,500 | New Conventional | |
| Previous Owner | $27,000 | Unknown | |
| Previous Owner | $97,550 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $221,660 | -1.5% | $111 / Sq Ft |
| 08/02/2024 08/02/24 | Pending | -- | -- | -- |
| 07/22/2024 07/22/24 | Price Changed | $225,000 | -9.6% | $113 / Sq Ft |
| 04/26/2024 04/26/24 | For Sale | $249,000 | -- | $125 / Sq Ft |
Source: Central Virginia Regional MLS
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 | $2,429 | $235,800 | $31,500 | $204,300 |
| 2023 | $2,105 | $204,400 | $30,800 | $173,600 |
| 2022 | $2,105 | $204,400 | $30,800 | $173,600 |
| 2021 | $1,832 | $177,900 | $28,000 | $149,900 |
| 2020 | $1,689 | $177,900 | $28,000 | $149,900 |
| 2019 | $1,689 | $170,600 | $28,000 | $142,600 |
| 2018 | $1,689 | $170,600 | $28,000 | $142,600 |
| 2017 | $1,683 | $170,000 | $26,600 | $143,400 |
| 2016 | $1,683 | $170,000 | $26,600 | $143,400 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2024
Kimberly Harrah
1st Class Real Estate-Coastal Breeze
-
E
Buyer's Agent in 2024
Elizabeth Renney
BHHS RW Towne Realty LLC
Map
Source: Central Virginia Regional MLS
MLS Number: 2410638
APN: 071-129-2
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.
All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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