NOT LISTED FOR SALE

331 Rakes Rd Rocky Mount, VA 24151

Estimated Value: $257,000 - $344,000

4 Beds
3 Baths
2,106 Sq Ft
$145/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $219,900 $104 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,752/month

80 Days on Market

Highlights

  • Deck
  • No HOA
  • 1 Car Attached Garage
  • Ranch Style House
  • Covered Patio or Porch
  • Storage

About This Home

As of February 2021

Immaculate brick ranch with 3 bedrooms, 2 bathrooms on entry level, and 4th bedroom and 3rd bathroom on the lower level. Beautiful laminate wood throughout with ceramic tile in the kitchen, dining room and all bathrooms. Open kitchen and dining room, new kitchen appliances, fresh paint throughout. New front door, new storm and entry door from garage, new double doors and storm door in basement. Lower level includes family room, bar with mini-fridge (stools convey), storage or office, laundry and unfinished space for work room or more storage. Awesome 18x20 back deck, great for entertaining. 1-car attached garage, storage building, level/gently sloped yard with extra lot!

Last Agent to Sell the Property

Billy Kingery

MOUNTAIN TO LAKE REALTY License #0225171683 Listed on: 10/19/2020

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: 10/19/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $987

Year Built

  • Built in 1975

Lot Details

  • 0.92 Acre Lot
  • Level Lot
  • Garden
  • Property is zoned R1

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Storage
  • Laundry on main level

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Basement

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

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6 & 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$987

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Storage
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Garden Space, Paved Driveway, Storage Shed
  • BedroomsBREntryLevel: 3
  • BedroomsBRLowerLevel: 1
  • EntryAboveGrdFin Sq Ft: 1306.00
  • ExteriorDoors: Fiberglass
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 2612
  • Internet Access: Undetermined
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 800.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 378
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2021-01-07
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1306
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2106.00
  • TotalUnfin Sq Ft: 506.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 506.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Private Well
  • Water Heater Type: Tank

Schools

  • Elementary School: Sontag
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Lot Info

  • Lot Description: Gentle Slope, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.92
  • Lot: 6 & 7
  • ZoningCode: R1

Building Info

  • Year Built: 1975

Tax Info

  • Taxes (6 mo): 987.00
  • FILLTAXID: 0820105000 & 0820104900

MLS Schools

  • Elementary School: Sontag
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Feb 19, 2021
Sold by
Perdue Randy Lee
Bought by
Jones Mallory L
Seller's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
List Price
$219,900
Sold Price
$219,900
Current Estimated Value
$305,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,812
Avg. Annual Appreciation
8.17%
Original Mortgage
$215,916
Outstanding Balance
$195,740
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$117,575
Source: Public Records

Range of Values:

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Average Value
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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
Jones Mallory L $219,500 Virginia Title Center Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Mallory L $215,916
Previous Owner Perdue Randy Lee $12,300
Previous Owner Ferguson Donna C $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $219,900 0.0% $104 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
10/19/2020 10/19/20 For Sale $219,900 +60.5% $104 / Sq Ft
07/01/2015 07/01/15 Sold $137,000 -2.1% $60 / Sq Ft
05/03/2015 05/03/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $139,900 -- $61 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $1,032 $240,000 $27,000 $213,000
2023 $895 $146,700 $20,000 $126,700
2022 $895 $146,700 $20,000 $126,700
2021 $895 $146,700 $20,000 $126,700
2020 $895 $146,700 $20,000 $126,700
2019 $817 $134,000 $20,000 $114,000
2018 $817 $134,000 $20,000 $114,000
2017 $737 $123,200 $20,000 $103,200
2016 $737 $123,200 $20,000 $103,200
2015 -- $123,200 $20,000 $103,200
2014 -- $123,200 $20,000 $103,200
2013 -- $123,200 $20,000 $103,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 874370

Roanoke Valley Association of REALTORS®

APN: 0820105000