$92,500
SOLD APR 3, 2025

4160 Prillaman Switch Rd Ferrum, VA 24088

2 Beds
1 Bath
884 Sq Ft
2.45 Acres

Recently Sold

$105 Per Sq Ft

37% Below List Price

66 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Bungalow
  • Private Yard

About This Home

As of April 2025

Great starter home with 2.45 acres. Private setting, close to Ferrum College. This home has two bedrooms, wood floors and large kitchen. Full basement for plenty of storage. Bring your tools and make this house your home.

Last Agent to Sell the Property

Charles Burnette

Burnette Real Estate Sales & Management Inc. License #225190839 Listed on: 01/11/2025

Last Buyer's Agent

Charles Burnette

Burnette Real Estate Sales & Management Inc. License #225190839 Listed on: 01/11/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 2.45 Acre Lot
  • Private Yard
  • Garden

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Repairs Needed
  • Vinyl Trim

Interior Spaces

  • 884 Sq Ft Home
  • Partially Finished Attic

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Benjamin Frnkln Middle School
  • Franklin County High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 0930011602

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Appearance: Needs Repair
  • Estimated Total Finished Sq Ft: 884
  • Class: Residential
  • County Or City: Franklin
  • Lender Or Govt Ownd: Yes
  • Lvt Date: 01/11/2025
  • Master On Main: Yes
  • Parcel Nbr: 0930011602
  • Property Sub Type: Detached
  • Report Header1: 4160 Prillaman Switch, Ferrum, VA 24088
  • Main Level Bathrooms: 1
  • Room Level Bedrooms Main: 2
  • Style Structure Home: Bungalow/Cottage
  • Year Built: 1950
  • Directions: Take Route 40, Turn right, Turn left on Prillaman Switch.
  • S O1 Office State: No
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Attic: Partially Finished
  • Basement: Full, Outside Access
  • Bedrooms: 2
  • Full Bathrooms: 1

Exterior Features

  • Exterior Features: Garden Space, Gravel Driveway, Private Yard
  • Exterior Finish: Vinyl

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • HOA: None

Schools

  • High School: Franklin County
  • Junior High Dist: Franklin

Lot Info

  • Estimated Lot Size: 2.45
  • Lot Size: 106722
  • Geo Subdivision: VA

MLS Schools

  • Middle School: Benjamin Frnkln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2024
Sold by
Equity Trustees Llc
Bought by
Pennymac Loan Services Llc
Current Estimated Value
$117,379

Purchase Details

Closed on
May 26, 2022
Sold by
Daryl Cannaday Glenn
Bought by
Mcgee Mindy Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,161
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2006
Sold by
Quist Anthony R
Bought by
Cannaday Glen Daryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,500
Interest Rate
6.75%
Mortgage Type
New Conventional
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
Deed $84,460 None Listed On Document
Deed $84,460 None Listed On Document
Deed $73,800 Aaron B Houchens Pc
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $76,161 New Conventional
Previous Owner $78,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2025 04/03/25 Sold $92,500 -15.8% $105 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
02/24/2025 02/24/25 Price Changed $109,900 -15.4% $124 / Sq Ft
02/11/2025 02/11/25 Price Changed $129,900 -11.9% $147 / Sq Ft
01/11/2025 01/11/25 For Sale $147,500 -- $167 / Sq Ft
Source: New River 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
2025 $523 $121,600 $28,800 $92,800
2024 $523 $121,600 $28,800 $92,800
2023 $412 $67,500 $21,800 $45,700
2022 $412 $67,500 $21,800 $45,700
2021 $412 $67,500 $21,800 $45,700
2020 $412 $67,500 $21,800 $45,700
2019 $386 $63,200 $21,800 $41,400
2018 $386 $63,200 $21,800 $41,400
2017 $348 $64,800 $21,800 $43,000
2016 $348 $64,800 $21,800 $43,000
2015 -- $64,800 $21,800 $43,000
2014 -- $64,800 $21,800 $43,000
2013 -- $64,800 $21,800 $43,000
Source: Public Records

Agents Affiliated with this Home

  • Charles Burnette

    Seller's Agent in 2025

    Charles Burnette

    Burnette Real Estate Sales & Management Inc.

    (540) 357-2778

    59 Total Sales

    Charles Burnette
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 422956

New River Valley Association of REALTORS®

APN: 0930011602

Virginia Franklin County Ferrum 24088

4160 Prillaman Switch Rd, Ferrum, VA

Sold

Detached

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