NOT LISTED FOR SALE

40 Michael Ave Ferrum, VA 24088

Estimated Value: $217,663 - $310,000

3 Beds
2 Baths
1,572 Sq Ft
$164/Sq Ft Est. Value

About This Home

This home is located at 40 Michael Ave, Ferrum, VA 24088 and is currently estimated at $257,916, approximately $164 per square foot. 40 Michael Ave is a home located in Franklin County with nearby schools including Ferrum Elementary School, Benjamin Franklin Middle School, and Franklin County High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2008
Sold by
Bentley Michael L and Bentley Terri M
Bought by
Chitwood Michelle H
Current Estimated Value
$257,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Outstanding Balance
$6,360
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving
Estimated Equity
$251,556

Purchase Details

Closed on
Jan 4, 2005
Sold by
Riddle Paul E and Riddle Dorothy L
Bought by
Bentley Michael L and Bentley Terri M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Chitwood Michelle H -- --
Bentley Michael L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chitwood Michelle H $10,000
Open Chitwood Michelle H $112,800
Previous Owner Bentley Michael L $76,500
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 $841 $195,600 $25,000 $170,600
2024 $841 $195,600 $25,000 $170,600
2023 $692 $113,400 $20,000 $93,400
2022 $692 $113,400 $20,000 $93,400
2021 $692 $113,400 $20,000 $93,400
2020 $692 $113,400 $20,000 $93,400
2019 $641 $105,100 $20,000 $85,100
2018 $641 $105,100 $20,000 $85,100
2017 $578 $107,000 $20,000 $87,000
2016 $578 $107,000 $20,000 $87,000
2015 -- $107,000 $20,000 $87,000
2014 -- $107,000 $20,000 $87,000
2013 -- $107,000 $20,000 $87,000
Source: Public Records

Map

Virginia Franklin County Ferrum 24088

40 Michael Ave, Ferrum, VA

Not Listed for Sale

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