NOT LISTED FOR SALE

362 Franklin Pike SE Floyd, VA 24091

Estimated Value: $365,886 - $466,000

4 Beds
2 Baths
2,222 Sq Ft
$190/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $260,000 $117 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,431/month

16 Days on Market

Highlights

  • Water Access
  • Horses Allowed On Property
  • Wood Burning Stove
  • Barn
  • Deck
  • Family Room with Fireplace

About This Home

As of March 2018

Classic Floyd Farmhouse with Floyd Country Charm! Beautifully remodeled 4 bedroom/ 2 BTH farmhouse located just minutes from the Town of Floyd. Over 5 acres of open property you have the ability for a hobby farm. Enjoy the sounds of the creek flowing on the north side of the acreage. In 2014 the kitchen was updated with custom built cabinetry and quartz countertops along with bamboo hardwood flooring. A master suite with full bath has been added to the main level along with washer & dryer. Original hardwood floors which have been refinished are throughout the rest of the home. The living room fireplace solid oak mantle has been constructed from a tree on the property. Home has an attached single car garage along with two detached outbuildings having electric, garage bays and workshop. This home has received an extensive list of updates including: metal roof, HVAC (unit for both main and upper levels), all new 200 amp electrical, new insulation in walls, ceiling and basement.

Last Agent to Sell the Property

Levi Cox

UC/Blue Ridge Land & Auction License #0225217513 Listed on: 02/01/2018

Last Buyer's Agent

Levi Cox

UC/Blue Ridge Land & Auction License #0225217513 Listed on: 02/01/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,636

Year Built

  • Built in 1940

Lot Details

  • 5.08 Acre Lot
  • Rural Setting
  • Private Yard
  • Garden
  • Property is in very good condition

Home Design

  • Farmhouse Style Home
  • Fire Rated Drywall
  • Metal Roof
  • Vinyl Trim

Interior Spaces

  • 2,222 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • French Doors
  • Family Room with Fireplace
  • Storage
  • Attic Access Panel
  • Property Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Recreation or Family Area in Basement

Parking

  • 4 Garage Spaces | 1 Attached and 3 Detached
  • Driveway

Outdoor Features

  • Water Access
  • Deck
  • Storage Shed

Utilities

  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • Stream

Listing and Financial Details

  • Assessor Parcel Number 43213

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,636

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Appearance: Very Good
  • Estimated Total Finished Sq Ft: 2222
  • Estimated Upper Finished Sq Ft: 936
  • Class: Residential
  • County Or City: Floyd
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: OLD FIELD CREEK PLAT 08-452
  • Lvt Date: 02/01/2018
  • Master On Main: Yes
  • Miscellaneous: Breakers, Propane Tank-Owned
  • Number Rooms: 7
  • Parcel Nbr: 43213
  • Property Sub Type: Detached
  • Style Structure Home: Farm House
  • Total Gross Building Area: 2128
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Hardwood
  • Appliances: Dishwasher, Dryer/Electric, Microwave, Range/Gas, Refrigerator, Washer
  • Attic: Access Only
  • Basement: Concrete Floor, Partially Finished, Rec Room/Game Room, Walk Out
  • Bedrooms: 4
  • Fireplace: Family Room
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fan(s), Custom Cabinets, Custom Countertops, Extra Storage, French Doors, Guest Suite, Laundry On Main, Pantry, Walls-Drywall

Exterior Features

  • Exterior Features: Blacktop Driveway, Deck, Garden Space, Private Yard, Storage Shed
  • Exterior Finish: Vinyl
  • Roofing: Metal

Garage/Parking

  • Garage Carport: Single Attached, Triple Detached

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump, Wood Stove
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Floyd
  • Elementary School: Floyd
  • High School: Floyd County

Lot Info

  • Land Description: Barn, Road Frontage, Rural, State Maintained Rd, Stream, Suitable For Horses, View, Water Access
  • Lot Size: 221284.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 22, 2018
Sold by
Robertson Richard W and Robertson Deborah E
Bought by
Bruton James A and Bruton Taunya Michelle
Seller's Agent
Levi Cox
UC/Blue Ridge Land & Auction
Buyer's Agent
Levi Cox
UC/Blue Ridge Land & Auction
List Price
$269,000
Sold Price
$260,000
Premium/Discount to List
-$9,000
-3.35%
Current Estimated Value
$421,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,972
Avg. Annual Appreciation
6.09%
Original Mortgage
$208,000
Outstanding Balance
$180,302
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$223,700

Purchase Details

Closed on
May 15, 2013
Sold by
Hallas William J
Bought by
Cundiff Kenneth L
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
Bruton James A $260,000 Virginia Title Center
Cundiff Kenneth L $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruton James A $208,000
Previous Owner Robertson Richard W $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2018 03/23/18 Sold $260,000 -3.3% $117 / Sq Ft
02/17/2018 02/17/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $269,000 -- $121 / Sq Ft
Source: New River 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
2025 $1,636 $371,900 $90,800 $281,100
2024 $1,754 $261,800 $48,400 $213,400
2023 $1,702 $261,800 $48,400 $213,400
2022 $1,702 $261,800 $48,400 $213,400
2021 $1,649 $261,800 $48,400 $213,400
2020 $1,571 $261,800 $48,400 $213,400
2019 $1,223 $203,800 $45,400 $158,400
2018 $1,223 $203,800 $45,400 $158,400
2017 $1,121 $203,800 $45,400 $158,400
2016 $1,107 $201,300 $45,400 $155,900
2015 -- $201,300 $45,400 $155,900
2014 -- $190,700 $45,400 $145,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 400442

New River Valley Association of REALTORS®

APN: 43-213