NOT LISTED FOR SALE

4037 Timber Line Rd Ferrum, VA 24088

Ferrum Neighborhood

Estimated Value: $271,352 - $324,000

3 Beds
2 Baths
2,396 Sq Ft
$126/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $185,500 $77 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,738/month

4 Days on Market

Highlights

  • Mountain View
  • Sun or Florida Room
  • Covered patio or porch
  • Family Room with Fireplace
  • No HOA
  • Breakfast Area or Nook

About This Home

As of June 2019

Beautiful home boasting many updates! New roof 2013, ducts cleaned 2011, new siding 2013, new windows 2010, all plumbing updated 2009. Wood floors throughout, spacious living room with masonry gas log fireplace, kitchen with breakfast nook, huge family room with a second masonry gas log fireplace & six sliding glass doors (installed in 2009), 2 bedrooms on entry, full bathroom & a room off the kitchen that could be an office/formal dining room/ potential 4th bedroom (no closet). Upper level offers a 3rd bedroom with walk-in closet. Bright & open lower level with laundry, 2nd full bath, JES sump pump drainage system installed in 2011, & new water heater 2012. Gorgeous brick patio, 1 car detached garage. Detached garage offers a great place for yard tools or a workshop.

Last Listed By

Billy Kingery

MOUNTAIN TO LAKE REALTY License #0225171683 Listed on: 04/11/2019

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $827

Year Built

  • Built in 1952

Lot Details

  • 0.59 Acre Lot
  • Level Lot
  • Garden

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 2,396 Sq Ft Home
  • 1.5-Story Property
  • Bookcases
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Bay Window
  • Insulated Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Sun or Florida Room
  • Storage
  • Laundry on main level
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Basement

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

Outdoor Features

  • Covered patio or porch
  • Outdoor Grill

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$827

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Breakfast Area, Ceiling Fan, Gas Log Fireplace, Masonry Fireplace, Storage, Walk-in-Closet
  • Heating System: Heat Pump Gas, Zoned Heat
  • Fireplace(s): Family Room, Living Room
  • Type: Residential
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator, Sump Pump
  • Cooling System: Heat Pump Electric, Zoned Cooling
  • Outside Features: Bay Window, Covered Porch, Garden Space, Outdoor Barbeque, Patio, Paved Driveway, Sunroom
  • Views: Mountain, Sunset
  • AddlCoveredPrkng: Garage Detached
  • BedroomsBREntryLevel: 2
  • BedroomsBRUpperLevel: 1
  • EntryAboveGrdFin Sq Ft: 1722.00
  • ExteriorDoors: Insulated, Metal
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 3743
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryLowerLevel: 1
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 288
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2019-04-15
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 2396
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2396.00
  • TotalUnfin Sq Ft: 1347.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1347.00
  • UpperAboveGrdFin Sq Ft: 674.00
  • 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, Side Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior, Paved Road, Satellite Dish

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.59
  • ZoningCode: NZ

Building Info

  • Year Built: 1952

Tax Info

  • Taxes (6 mo): 827.00
  • FILLTAXID: 4020002200

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
Apr 11, 2019
Closed on
May 31, 2019
Sold by
Spence R Bruce and Spence Phyllis C
Bought by
Butler Bret A and Butler Brittany K
Seller's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Alla Scott
COLDWELL BANKER TOWNSIDE, REALTORS(r)
List Price
$179,900
Sold Price
$185,500
Premium/Discount to List
$5,600
3.11%
Total Days on Market
4
Current Estimated Value
$301,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,838
Avg. Annual Appreciation
8.59%
Original Mortgage
$170,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2009
Sold by
Holt Marhsa Stanley and Fay Clifford
Bought by
Spence Bruce and Spence Phyllis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2007
Sold by
Atchley Norma N and Skinnell Ruby M
Bought by
Holt Marsha Stanley and Stanley Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving

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
Butler Bret A $185,500 Fidelity National Title Ins
Spence Bruce $157,000 --
Holt Marsha Stanley $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Butler Brittany K $165,500
Closed Butler Bret A $170,500
Previous Owner Spence Phyllis C $25,000
Previous Owner Spence Bruce $105,000
Previous Owner Holt Marsha Stanley $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2019 06/17/19 Sold $185,500 +3.1% $77 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $179,900 -- $75 / 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 $816 $189,700 $30,000 $159,700
2023 $908 $148,900 $23,000 $125,900
2022 $908 $148,900 $23,000 $125,900
2021 $908 $148,900 $23,000 $125,900
2020 $908 $148,900 $23,000 $125,900
2019 $827 $135,600 $23,000 $112,600
2018 $827 $135,600 $23,000 $112,600
2017 $746 $135,700 $23,000 $112,700
2016 $746 $135,700 $23,000 $112,700
2015 $733 $135,700 $23,000 $112,700
2014 $733 $135,700 $23,000 $112,700
2013 $733 $135,700 $23,000 $112,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 857948

Roanoke Valley Association of REALTORS®

APN: 4020002200