$170,000
SOLD MAY 21, 2025

318 Washington Ave Franklin, VA 23851

3 Beds
2.5 Baths
1,400 Sq Ft
10,454 Sq Ft

Recently Sold

$121 Per Sq Ft

26% Below List Price

101 Days on Market

Highlights

  • Main Floor Bedroom
  • Bungalow
  • Heat Pump System
  • No HOA
  • Central Air

About This Home

As of May 2025

PRICE DROP! This incredible property is now $15,000 less, offering more equity for a first- time homebuyer or making it an even better opportunity for a savvy investor. Whether you are looking for a strong buy-and-hold investment or a perfect setup for a residential care home, this property offers great potential. Don't miss out on your chance to obtain a high value asset at a reduced price! Call for your showing today!

Last Agent to Sell the Property

Yolanda Mebane

Rucker Realty LLC Listed on: 01/09/2025

Co-Listed By

Janita Rucker

Rucker Realty LLC

Last Buyer's Agent

Lashunda Harris

LPT Realty LLC

LPT Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $155

Year Built

  • Built in 1934

Parking

  • Driveway

Home Design

  • Bungalow
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1.5-Story Property
  • Laminate Flooring
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Schools

  • S.P. Morton Elementary School
  • Joseph P. King Jr. Middle School
  • Franklin High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • All Others Area 67 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$155

Year Built

Built in 1934

Lot Details

10,454 Sq Ft Lot

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Detached
  • Property Type - Cross Property: Detached Residential
  • Style: Bungalow
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Master Model: No
  • Unit Description: Det Single Fam
  • Miscellaneous: Rehabilitated
  • LP/ Sq Ft: 132.14
  • Estimated Year Built: 1934
  • Address Street Name Website: Washington
  • Address Website: 318 Washington AVE
  • Fence: No
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 2
  • Year Built: 1934

Interior Features

  • Equipment: None
  • Flooring Type: Laminate/LVP
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR
  • Appliances: Dishwasher, Disposal, Dryer Hookup, Elec Range, Refrigerator, Washer Hookup
  • Stories Number: 1.5000
  • Estimated Sq Ft: 1400

Exterior Features

  • Exterior Siding: Vinyl
  • Fence Description: None
  • Foundation Type: Crawl
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Driveway Spc

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Central Air, Heat Pump
  • Heating: Electric, Heat Pump

Lot Info

  • Waterfront YN: No

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 155

MLS Schools

  • Elementary School: S.P. Morton Elementary
  • School High School: Franklin
  • Middle School: Joseph P. King Jr. Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
May 14, 2025
Sold by
R & D Investors Llc
Bought by
Harris William E
Seller's Agent
Yolanda Mebane
Rucker Realty LLC
Buyer's Agent
Lashunda Harris
LPT Realty LLC
List Price
$230,000
Sold Price
$170,000
Premium/Discount to List
-$60,000
-26.09%
Views
265
Current Estimated Value
$173,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,575
Avg. Annual Appreciation
2.85%
Original Mortgage
$175,757
Outstanding Balance
$174,491
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
-$916

Purchase Details

Closed on
Sep 28, 2023
Sold by
Kic Construction Llc
Bought by
R & D Investors Llc

Purchase Details

Closed on
Jan 6, 2022
Sold by
Skinner Rudolph D and Skinner Shea C
Bought by
Kic Construction Llc

Purchase Details

Closed on
Apr 2, 2021
Sold by
Walker Steven E
Bought by
Skinner Rudolph D and Skinner Shea C

Purchase Details

Closed on
Oct 28, 2003
Sold by
Freeman Patricia W and Walker Steven

Purchase Details

Closed on
May 15, 2001
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 Type Sale Price Title Company
Bargain Sale Deed $170,000 First American Title
Bargain Sale Deed $45,000 Fidelity National Title
Deed $18,500 Fidelity National Title
Deed $22,200 Fidelity National Title
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,757 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2025 05/21/25 Sold $170,000 -8.1% $121 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
04/02/2025 04/02/25 Price Changed $185,000 -2.6% $132 / Sq Ft
03/17/2025 03/17/25 Price Changed $190,000 -5.0% $136 / Sq Ft
02/17/2025 02/17/25 Price Changed $200,000 -7.0% $143 / Sq Ft
02/01/2025 02/01/25 Price Changed $215,000 -6.5% $154 / Sq Ft
01/09/2025 01/09/25 For Sale $230,000 -- $164 / Sq Ft
Source: Real Estate Information Network (REIN)

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 $1,258 $162,300 $10,000 $152,300
2024 $159 $21,800 $10,000 $11,800
2023 $209 $21,800 $10,000 $11,800
2022 $243 $22,200 $10,000 $12,200
2021 $243 $22,200 $10,000 $12,200
2020 $243 $22,200 $10,000 $12,200
2019 $243 $22,200 $10,000 $12,200
2018 $329 $32,400 $10,000 $22,400
2016 $347 $32,400 $10,000 $22,400
2015 $343 $32,400 $10,000 $22,400
2014 $343 $32,000 $8,000 $24,000
2013 -- $32,000 $8,000 $24,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10565720

Real Estate Information Network (REIN)

APN: 69A-02-033

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