NOT LISTED FOR SALE

400 E 2nd Ave Franklin, VA 23851

Estimated Value: $103,901

Studio
-- Bath
7,290 Sq Ft
$14/Sq Ft Est. Value

About This Home

This home is located at 400 E 2nd Ave, Franklin, VA 23851 and is currently estimated at $103,901, approximately $14 per square foot. 400 E 2nd Ave is a home located in Franklin City with nearby schools including S.P. Morton Elementary School, Joseph P. King Jr. Middle School, and Franklin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2021
Sold by
Johnson & Johnson Properties Llc
Bought by
The Morgan Family Investment Group Llc
Current Estimated Value
$103,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$72,346
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$32,022

Purchase Details

Closed on
Sep 27, 2019
Sold by
Phoenix Equity Investments Llc
Bought by
Johnson & Johnson Properties Llc

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
Interest Rate
3.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
The Morgan Family Investment Group Llc $80,000 None Available
Johnson & Johnson Properties Llc $10,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Morgan Family Investment Group Llc $80,000
Previous Owner Johnson & Johnson Properties Llc $10,000
Source: Public Records

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 $1,466 $115,400 $31,400 $84,000
2024 -- $115,400 $31,400 $84,000
2023 $1,591 $125,300 $28,700 $96,600
2022 $1,591 $125,300 $28,700 $96,600
2021 $1,355 $106,700 $26,100 $80,600
2020 $1,312 $106,700 $26,100 $80,600
2019 $1,312 $106,700 $26,100 $80,600
2018 $1,312 $106,700 $26,100 $80,600
2017 $1,234 $100,300 $31,400 $68,900
2016 $1,234 $100,300 $31,400 $68,900
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Map

Virginia Franklin City County Franklin 23851

400 E 2nd Ave, Franklin, VA

Not Listed for Sale

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