NOT LISTED FOR SALE

4012 Wades Gap Rd Boones Mill, VA 24065

Estimated Value: $212,000 - $296,128

2 Beds
2 Baths
1,450 Sq Ft
$175/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $229,900 $159 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,461/month

5 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Stream or River on Lot
  • Covered Patio or Porch
  • Boones Mill Elementary School Rated A-
  • No HOA
  • 1-Story Property

About This Home

As of July 2023

This charming home is set in rural Franklin County and provides a full country lifestyle while having all the convenience of being just 12 minutes to food shopping and entertainment. This home has many new features and is ready to be moved into. The creek out back and 4 plus acres of country and wildlife can not be found in the city but why settle when you can have both. This property makes a great starter home or is the perfect place to get back to the basics of life. You will love the bonus family room with its own bath or use it as a master or in-law suite. This homestead is full of possibilities. Come and see what all it offers for you and your family.

Last Agent to Sell the Property

Robert Hurt

LYONS TEAM, REALTORS(r) License #0225210388 Listed on: 05/26/2023

Co-Listed By

Ronald Gross

LYONS TEAM, REALTORS(r) License #0225180171

Last Buyer's Agent

Robert Hurt

LYONS TEAM, REALTORS(r) License #0225210388 Listed on: 05/26/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $580

Year Built

  • Built in 1965

Lot Details

  • 4.36 Acre Lot
  • 200 Feet of Waterfront
  • Gentle Sloping Lot

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

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

Outdoor Features

  • Stream or River on Lot
  • Covered Patio or Porch

Schools

  • Boones Mill 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$580

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Range Electric
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 950.00
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 2400
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 200.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • OtherAboveGrdFin Sq Ft: 500.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2023-05-31
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 1450
  • TotalBdrm: 2
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1450.00
  • TotalUnfin Sq Ft: 950.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 950.00
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • WaterID: River or Other
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Spring
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Maint-Free Exterior, Stream

Schools

  • Elementary School: Boones Mill
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 4.36

Building Info

  • Year Built: 1965

Tax Info

  • Taxes (6 mo): 580.00
  • FILLTAXID: 0200008600, 0200008500

MLS Schools

  • Elementary School: Boones Mill
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Jul 20, 2023
Sold by
Green Family Farms Llc
Bought by
Ferguson Mark and Ferguson Ashley
Seller's Agent
Robert Hurt
LYONS TEAM, REALTORS(r)
Buyer's Agent
Robert Hurt
LYONS TEAM, REALTORS(r)
List Price
$229,900
Sold Price
$229,900
Views
21
Current Estimated Value
$253,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,382
Avg. Annual Appreciation
6.42%
Original Mortgage
$218,405
Outstanding Balance
$214,406
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$47,733

Purchase Details

Closed on
Mar 24, 2022
Sold by
Jamison Lorraine D
Bought by
Green Family Farms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ferguson Mark $229,900 Fidelity National Title
Green Family Farms Llc $350,000 Century Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Mark $218,405
Previous Owner Green Family Farms Llc $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $229,900 0.0% $159 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $229,900 -- $159 / 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
2024 $1,000 $232,500 $41,400 $191,100
2023 $472 $77,400 $31,500 $45,900
2022 $472 $77,400 $31,500 $45,900
2021 $472 $77,400 $31,500 $45,900
2020 $472 $77,400 $31,500 $45,900
2019 $439 $72,000 $31,500 $40,500
2018 $439 $72,000 $31,500 $40,500
2017 $396 $80,400 $31,500 $48,900
2016 $396 $80,400 $31,500 $48,900
2015 $434 $80,400 $31,500 $48,900
2014 $434 $80,400 $31,500 $48,900
2013 $434 $80,400 $31,500 $48,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 898569

Roanoke Valley Association of REALTORS®

APN: 0200008500