NOT LISTED FOR SALE

464 Thompson Ridge Rd Ferrum, VA 24088

Ferrum Area
3 Beds
1 Bath
1,484 Sq Ft
3.71 Acre Lot

Sale Details

Date Sold: February 12, 2021

Last sale price $165,000 $111 Per Sq Ft

62 Days on Market

Highlights

  • Wood Burning Stove
  • Cottage
  • Satellite Dish
  • No HOA
  • Front Porch

About This Home

As of February 2021

If you are looking for that American pc. of the pie to call yours where you can raise your chickens and have your own garden area this is it. The home is nestled at the foot of the Blue Ridge Parkway with Philpott Lake (1.7 miles away) and Fairystone State Park close by. New Kitchen Cabinets & Counters, New Carpet, Beautiful Hardwood Flooring, Freshly painted, HVAC 3yrs. old, security system, garage, barn, outdoor wood furnace and the list goes on.

Last Agent to Sell the Property

Rick Smith

MKB, REALTORS(r) - AT THE LAKE License #0225068599 Listed on: 10/17/2020

MKB, REALTORS(r) - AT THE LAKE

Last Buyer's Agent

Austin Lovell

KW SALEM PROFESSIONALS License #0225234077

KW SALEM PROFESSIONALS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $350

Year Built

  • Built in 1987

Lot Details

  • 3.71 Acre Lot
  • Property fronts a private road

Home Design

  • Cottage

Interior Spaces

  • 1,484 Sq Ft Home
  • Wood Burning Stove
  • Insulated Doors
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • Furnace
  • Heat Pump System
  • Satellite Dish

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$350

Year Built

Built in 1987

Lot Details

3.71 Acres

Listing Details

  • Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Wired for Sound, Wired For Data
  • Heating System: Heat Pump Electric, Wood Furnace
  • Fireplace(s): Wood Burning Stove
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Barn(s), Shed(s)
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1484.00
  • ExteriorDoors: Insulated, Metal
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Cottage
  • Total Above Grd Fin S Q F T: 1484
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1484.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Covered Porch, Front Porch, Side Porch

Utilities

  • Sewer Description: Private Septic - 3BR
  • Water Description: Private Well

Association/Amenities

  • Misc Features: Private Road, Satellite Dish

Green Features

  • Energy Features: Wood Stove

Lot Info

  • Lot Description: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 3.71

Building Info

  • Year Built: 1987

Tax Info

  • Taxes (6 mo): 350.00

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Dec 22, 2020
Sold by
Bought by
Seller's Agent
Rick Smith
MKB, REALTORS(r) - AT THE LAKE
Buyer's Agent
Austin Lovell
KW SALEM PROFESSIONALS
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
0.0265%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
0.0414%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,800
Interest Rate
0.0558%
Mortgage Type
Unknown
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$165,000 Investors Title Insurance Co
$165,000 Investors Title
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $140,250
Previous Owner $20,000
Previous Owner $47,000
Previous Owner $26,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/12/2021 02/12/21 Sold $165,000 -2.9% $111 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
10/17/2020 10/17/20 For Sale $170,000 -- $115 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $672 $156,200 $30,500 $125,700
2024 $672 $156,200 $30,500 $125,700
2023 $353 $57,800 $23,500 $34,300
2022 $353 $57,800 $23,500 $34,300
2021 $353 $57,800 $23,500 $34,300
2020 $353 $57,800 $23,500 $34,300
2019 $337 $55,300 $23,500 $31,800
2018 $337 $55,300 $23,500 $31,800
2017 $304 $24,800 $23,500 $1,300
2016 $135 $24,800 $23,500 $1,300
2015 $134 $24,800 $23,500 $1,300
2014 $134 $24,800 $23,500 $1,300
2013 $134 $24,800 $23,500 $1,300
Source: Public Records

Agents Affiliated with this Home

  • Rick Smith

    Seller's Agent in 2021

    Rick Smith

    MKB, REALTORS(r) - AT THE LAKE

    (540) 420-4663

    76 Total Sales

    Rick Smith
    Section Image

  • A

    Buyer's Agent in 2021

    Austin Lovell

    KW SALEM PROFESSIONALS

    (540) 493-4801

    49 Total Sales

    Austin Lovell
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 874407

Roanoke Valley Association of REALTORS®

APN: 099 00-029 02

Virginia Franklin County Ferrum 24088

464 Thompson Ridge Rd, Ferrum, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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