NOT LISTED FOR SALE

39 Michael Ave Ferrum, VA 24088

Estimated Value: $261,227 - $321,000

4 Beds
2 Baths
1,680 Sq Ft
$175/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $157,500 $94 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,615/month

44 Days on Market

Highlights

  • Wood Burning Stove
  • No HOA
  • 4 Car Detached Garage
  • Ranch Style House
  • Covered Patio or Porch
  • Storage

About This Home

As of March 2018

Well kept brick ranch with hardwood and ceramic floors located only 10 minutes to Rocky Mount, 4 bedrooms, 2 bathrooms, living room, kitchen. Full walk-out lower level w/office, bedroom (no windows), family room w/gas freestanding fireplace. Carport & 24x40 detached garage with 12' ceiling. Beautiful garden pond w/fountain, replacement windows. Roof, heat pump, hot water heater replaced in 2012.

Last Agent to Sell the Property

Rick Smith

MKB, REALTORS(r) - AT THE LAKE License #0225068599 Listed on: 01/01/2018

MKB, REALTORS(r) - AT THE LAKE

Last Buyer's Agent

Billy Kingery

MOUNTAIN TO LAKE REALTY License #0225171683

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $645

Year Built

  • Built in 1972

Lot Details

  • 0.41 Acre Lot
  • Level Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Bookcases
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Log Fireplace
  • Storage
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Basement

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

Parking

  • 4 Car Detached Garage
  • Attached Carport

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Heat Pump System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$645

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Ceiling Fan, Gas Log Fireplace, Storage, Wood Stove
  • Heating System: Gas - Propane, Heat Pump Electric
  • Fireplace(s): Basement
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch
  • Addl Covered Parking S Q F T: 960
  • AddlCoveredPrkng: Garage Detached
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1120.00
  • ExteriorDoors: Full View, Metal
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 560.00
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 4.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1120
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 4.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1680.00
  • TotalUnfin Sq Ft: 560.00
  • Unfinished Attached S Q F T Entry Below Grd Unfin S Q F T: 560.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic - 4BR
  • Water Description: Private Well

Association/Amenities

  • Misc Features: Cable TV, Paved Road

Green Features

  • Energy Features: Wood Stove

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.41
  • Lot: 14
  • ZoningCode: NZ

Building Info

  • Year Built: 1972

Tax Info

  • Taxes (6 mo): 645.00

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
Jan 1, 2018
Closed on
Mar 29, 2018
Sold by
Clingenpeel Janice Galyean
Bought by
Wade Timothy L and Wade Carla
Seller's Agent
Rick Smith
MKB, REALTORS(r) - AT THE LAKE
Buyer's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
List Price
$154,900
Sold Price
$157,500
Premium/Discount to List
$2,600
1.68%
Current Estimated Value
$293,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,307
Avg. Annual Appreciation
8.34%
Original Mortgage
$159,090
Outstanding Balance
$136,030
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$157,777
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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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
Wade Timothy L $157,500 Acquisition Title & Settleme
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wade Timothy L $159,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2018 03/29/18 Sold $157,500 +1.7% $94 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
01/01/2018 01/01/18 For Sale $154,900 -- $92 / 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 $957 $222,600 $27,000 $195,600
2024 $957 $222,600 $27,000 $195,600
2023 $830 $136,100 $20,000 $116,100
2022 $830 $136,100 $20,000 $116,100
2021 $830 $136,100 $20,000 $116,100
2020 $830 $136,100 $20,000 $116,100
2019 $717 $117,500 $20,000 $97,500
2018 $717 $117,500 $20,000 $97,500
2017 $646 $115,200 $20,000 $95,200
2016 $646 $115,200 $20,000 $95,200
2015 $622 $115,200 $20,000 $95,200
2014 $622 $115,200 $20,000 $95,200
2013 $622 $115,200 $20,000 $95,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 843906

Roanoke Valley Association of REALTORS®

APN: 0810104800