NOT LISTED FOR SALE

364 Sawmill Rd Ferrum, VA 24088

Estimated Value: $462,000 - $543,000

4 Beds
2.5 Baths
2,825 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $405,000 $143 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,691/month

6 Days on Market

Highlights

  • Horses Allowed On Property
  • 34.12 Acre Lot
  • Family Room with Fireplace
  • Spa
  • Mountain View
  • Stream or River on Lot

About This Home

As of May 2022

Large acreage and 1 owner 2 story brick home with full basement, attached 2 car garage, detached 20x26 carport, and long paved drive. Great setting and private location with home located near middle of the acreage. Roughly 6 acres open with roughly 5 acres fenced. Creek and good property for livestock. Timber has not been cut for 50 years. Well landscaped and covered front slate porch, stamped concrete walkways and patio. Recent updates include hardwood/carpet, 2 sets of gas logs in Fall 2021, well pump and pressure tank. Great property. Convenient to Philpott Lake and Ferrum College. Mixture of open and wooded land. Taxes, acreage and sq. footage based on county records. Property in county land use program.

Last Agent to Sell the Property

Bob Parcell

MOUNTAIN TO LAKE REALTY License #0225082024 Listed on: 03/15/2022

Last Buyer's Agent

Bob Parcell

MOUNTAIN TO LAKE REALTY License #0225082024 Listed on: 03/15/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,260

Year Built

  • Built in 1974

Lot Details

  • 34.12 Acre Lot
  • Property is zoned NZ

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Drapes & Rods
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Storage
  • Mountain Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Spa
  • Stream or River on Lot
  • Covered Patio or Porch
  • Shed

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,260

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Ceiling Fan, Gas Log Fireplace, Masonry Fireplace, Storage
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room, Living Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Hot Tub, Patio, Paved Driveway, Storage Shed
  • Views: Mountain
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1075.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 2
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: DSL
  • InternetAccessCurntInternetProv: CenturyLink
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 675.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 2150
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2825.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 400.00
  • UncoveredNumberSpaces: 6.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 400.00
  • UpperAboveGrdFin Sq Ft: 1075.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Horses Permitted, Stream

Lot Info

  • Lot Description: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 34.12
  • ZoningCode: NZ

Building Info

  • Year Built: 1974

Tax Info

  • Taxes (6 mo): 1260.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
May 10, 2022
Sold by
Wayne Thompson Bobby and Scott Glenda
Bought by
Lowman Raymond P and Lowman Judy A
Seller's Agent
Bob Parcell
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Bob Parcell
MOUNTAIN TO LAKE REALTY
List Price
$419,000
Sold Price
$405,000
Premium/Discount to List
-$14,000
-3.34%
Current Estimated Value
$493,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,925
Avg. Annual Appreciation
5.50%
Original Mortgage
$324,000
Outstanding Balance
$306,964
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$186,961

Purchase Details

Closed on
Aug 18, 2021
Sold by
Alloy Group Llc
Bought by
Thompson Bobby Wayne and Thompson Glenda Scott

Purchase Details

Closed on
Apr 29, 2010
Sold by
Thompson Shirley S
Bought by
Thompson Bobby Wayne and Thompson Glenda Scott
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lowman Raymond P $405,000 Fidelity National Title
Thompson Bobby Wayne $27,000 None Listed On Document
Thompson Bobby Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowman Raymond P $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2022 05/11/22 Sold $405,000 -3.3% $143 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $419,000 -- $148 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $1,477 $343,500 $93,400 $250,100
2024 $1,456 $343,500 $93,400 $250,100
2023 $1,268 $252,200 $86,400 $165,800
2022 $1,258 $252,200 $86,400 $165,800
2021 $1,258 $252,000 $86,200 $165,800
2020 $1,258 $252,000 $86,200 $165,800
2019 $1,183 $239,800 $86,200 $153,600
2018 $1,183 $239,800 $86,200 $153,600
2017 $1,067 $228,000 $86,200 $141,800
2016 $1,055 $228,000 $86,200 $141,800
2015 -- $228,000 $86,200 $141,800
2014 -- $228,000 $86,200 $141,800
2013 -- $228,000 $86,200 $141,800
Source: Public Records

Agents Affiliated with this Home

  • Bob Parcell

    Seller's Agent in 2022

    Bob Parcell

    MOUNTAIN TO LAKE REALTY

    (540) 483-5566

    199 Total Sales

    Bob Parcell
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 887693

Roanoke Valley Association of REALTORS®

APN: 0790006000

Virginia Franklin County Ferrum 24088

364 Sawmill Rd, Ferrum, VA

Not Listed for Sale

Detached

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