NOT LISTED FOR SALE

375 Laurel Bluff Rd Ferrum, VA 24088

Estimated Value: $298,000 - $559,000

2 Beds
2 Baths
1,051 Sq Ft
$408/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $399,000 $380 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,324/month

4 Days on Market

Highlights

  • 24.41 Acre Lot
  • Wood Burning Stove
  • Covered Patio or Porch
  • Deck
  • No HOA
  • Shed

About This Home

As of May 2024

This custom-built home is turnkey and ready for a new owner. The home sits on large acreage. The setting engulfs you in nature. There is a bold creek known as Runnett Bag Creek, which fronts the property (stocked with trout) and is absolutely stunning! With this setting you can expect all sorts of wildlife meandering about the property. The floor plan for this home is an open floor plan with two bedrooms a loft and two full size bathrooms. A metal roof and hardy plank siding are some of the high-end finishes this home has to offer. This is a quality-built home, and you can feel and see that for yourself when touring the property. The location of this home is about 20 minutes from Floyd, VA, in close proximity you can also travel to Rocky Mount, VA.

Last Agent to Sell the Property

Yuri Wall

THOMAS & WALL REAL ESTATE LLC License #0225252247 Listed on: 03/29/2024

Last Buyer's Agent

Levi Cox

U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD License #0225217513

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $874

Year Built

  • Built in 2009

Lot Details

  • 24.41 Acre Lot
  • Garden

Interior Spaces

  • 1,051 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Stove
  • Crawl Space

Kitchen

  • Electric Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Heat Pump System
  • Spring water is a source of water for the property
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot Trace B

Home Details

Home Type

Single Family

Est. Annual Taxes

$874

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Interior Features: Wood Stove
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Garden Space, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1051.00
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 1051
  • TotalBdrm: 2
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1051.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Private Septic
  • Water Description: Spring

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 24.41
  • Lot: Trace B

Building Info

  • Year Built: 2009

Tax Info

  • Taxes (6 mo): 874.13

MLS Schools

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

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Apr 17, 2024
Sold by
Faulkner Kenneth William and Faulkner Pamela Ann
Bought by
Laurel Bluff Properties Llc
Seller's Agent
Yuri Wall
THOMAS & WALL REAL ESTATE LLC
Buyer's Agent
Levi Cox
U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD
List Price
$399,000
Sold Price
$399,000
Views
30
Current Estimated Value
$428,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,786
Avg. Annual Appreciation
4.30%

Purchase Details

Closed on
Sep 23, 2009
Sold by
Faulkner Brent Kenneth and Faulkner Heather Leah
Bought by
Feulkner Kenneth William and Feulkner Pamela Ann

Purchase Details

Closed on
Feb 7, 2007
Sold by
Underwood Jimmie M and Darlene Underwood M
Bought by
Faulkner Kenneth W and Faulkner Pamela A
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 Buyer Sale Price Title Company
Laurel Bluff Properties Llc $399,000 None Listed On Document
Feulkner Kenneth William -- --
Faulkner Kenneth W -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $399,000 0.0% $380 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $399,000 -- $380 / 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
2025 $985 $229,000 $59,100 $169,900
2024 $985 $229,000 $59,100 $169,900
2023 $713 $143,300 $52,100 $91,200
2022 $713 $143,300 $52,100 $91,200
2021 $713 $143,300 $52,100 $91,200
2020 $713 $143,300 $52,100 $91,200
2019 $643 $131,800 $52,100 $79,700
2018 $643 $131,800 $52,100 $79,700
2017 $580 $135,800 $55,100 $80,700
2016 $558 $135,800 $55,100 $80,700
2015 -- $135,800 $55,100 $80,700
2014 -- $135,800 $55,100 $80,700
2013 -- $135,800 $55,100 $80,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 906245

Roanoke Valley Association of REALTORS®

APN: 0950001700