$35,000
SOLD MAY 1, 2025

400 Thomas St Franklin, VA 23851

1 Bed
1 Bath
440 Sq Ft
7,492 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

30% Below List Price

31 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 1-Story Property

About This Home

As of May 2025

Handyman / Investors special. Cash / hard money only. Needs 30k in repairs. ARV is 120k

Last Agent to Sell the Property

Rachel Beasley

Own Real Estate LLC Listed on: 03/24/2025

Own Real Estate LLC

Last Buyer's Agent

Devin Lundy

Realty Source

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Parking

  • On-Street Parking

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 440 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • S.P. Morton Elementary School
  • Joseph P. King Jr. Middle School
  • Franklin High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Water Not Available
  • No Water Heater

Community Details

  • No Home Owners Association
  • All Others Area 67 Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Detached
  • Property Type - Cross Property: Detached Residential
  • Style: Ranch
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Master Model: No
  • LP/ Sq Ft: 90.68
  • Estimated Year Built: 1973
  • Address Street Name Website: Thomas
  • Address Website: 400 Thomas ST
  • Fence: No
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1973

Interior Features

  • Flooring Type: Other
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR
  • Appliances: None
  • Stories Number: 1.0000
  • Estimated Sq Ft: 440

Exterior Features

  • Exterior Siding: Vinyl
  • Fence Description: None
  • Foundation Type: Crawl
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Street

Utilities

  • Sewer Type: City/County
  • Water Heater Type: None
  • Water Type: City/County
  • Cooling: None
  • Heating: Basebd

Lot Info

  • Waterfront YN: No

Building Info

  • New Construction YN: No

MLS Schools

  • Elementary School: S.P. Morton Elementary
  • School High School: Franklin
  • Middle School: Joseph P. King Jr. Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2025
Closed on
Apr 30, 2025
Sold by
Mih Investments Llc
Bought by
Advantage Homebuyers Of Va Llc
Seller's Agent
Rachel Beasley
Own Real Estate LLC
Buyer's Agent
Devin Lundy
Realty Source
List Price
$49,900
Sold Price
$35,000
Premium/Discount to List
-$14,900
-29.86%
Views
968
Current Estimated Value
$41,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,250
Avg. Annual Appreciation
27.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Bargain Sale Deed $35,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Sold $35,000 -12.3% $80 / Sq Ft
04/25/2025 04/25/25 Pending -- -- --
04/08/2025 04/08/25 Price Changed $39,900 -19.9% $91 / Sq Ft
04/01/2025 04/01/25 Price Changed $49,800 -0.2% $113 / Sq Ft
03/24/2025 03/24/25 For Sale $49,900 -- $113 / Sq Ft
Source: Real Estate Information Network (REIN)

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 $310 $30,100 $16,500 $13,600
2024 $310 $30,100 $16,500 $13,600
2023 $167 $16,200 $8,300 $7,900
2022 $167 $16,200 $8,300 $7,900
2021 $158 $15,300 $7,500 $7,800
2020 $183 $15,300 $7,500 $7,800
2019 $183 $18,500 $7,500 $11,000
2018 $183 $18,500 $7,500 $11,000
2017 $254 $25,700 $14,300 $11,400
2016 $254 $25,700 $14,300 $11,400
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10575281

Real Estate Information Network (REIN)

APN: 137-080-7-29,30