NOT LISTED FOR SALE

483 Griffith Hill Rd Ferrum, VA 24088

Estimated Value: $158,000 - $328,000

3 Beds
2.5 Baths
2,887 Sq Ft
$98/Sq Ft Est. Value

Last Sold January 27, 2016

Last sale price $60,000 $21 Per Sq Ft

Est. 370% increase in value since last sale

Current estimated payment $1,608/month

50 Days on Market

Highlights

  • 20.43 Acre Lot
  • Wood Burning Stove
  • 1 Fireplace
  • Deck
  • Secluded Lot
  • No HOA

About This Home

As of January 2016

Looking for the perfect get-away? This is a one of a kind! Very Interesting house. Secluded with extreme privacy. This is a yurk dome energy efficient home that needs completing plus repairs. Has a total of 2887 sq. ft. counting all levels. 1634 sq. ft living space. Lots of potential in this home. Has an overlook that gives views of the mountain side. Great hunters paradise! Must have 4-wheel drive to access. Home has 20.429 acres. All information taken from tax records and all information needs to be verified by the buyer. Home is sold as is, where is, without any warranties expressed or implied. All sq ft, acreage and taxes are est. and taken from tax map. Priced way below Total Tax assessment of 162,100. A must see! CASH SALE ONLY! MUST PROVIDE VERIFICATION OF FUNDS FOR SHOWING.

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $892

Year Built

  • Built in 1999

Lot Details

  • 20.43 Acre Lot
  • Secluded Lot

Interior Spaces

  • 2,887 Sq Ft Home
  • 1 Fireplace
  • Wood Burning Stove
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$892

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Interior Features: Wood Stove
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: None
  • Cooling System: No Cooling System
  • Outside Features: Deck, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 2887.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 4521
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Undetermined
  • LaundryLaundryLowerLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2016-01-05
  • Residential Type: Detached
  • Style Of House: Other - See Remarks
  • Total Above Grd Fin S Q F T: 2887
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2887.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 1634.00
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 1634.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: PrivSept-permit unav
  • Water Description: Private Well
  • Water Heater Type: Tank

Schools

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

Green Features

  • Energy Features: Wood Stove

Lot Info

  • Lot Description: Secluded, Varied
  • Lot Dimensions: 20.429 acres
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 20.43

Building Info

  • Year Built: 1999

Tax Info

  • Taxes (6 mo): 892.00
  • FILLTAXID: 0950007000

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
Nov 16, 2015
Closed on
Jan 22, 2016
Sold by
Branch Banking And Trust Co
Bought by
Fvi Inc and Morgan Stanley Mortgage Capital Holdings
List Price
$64,900
Sold Price
$60,000
Premium/Discount to List
-$4,900
-7.55%
Current Estimated Value
$281,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,889
Avg. Annual Appreciation
17.41%

Purchase Details

Listed on
Nov 16, 2015
Closed on
Jan 13, 2016
Sold by
Fv I Inc
Bought by
Zellmer Daria A
List Price
$64,900
Sold Price
$60,000
Premium/Discount to List
-$4,900
-7.55%

Purchase Details

Closed on
Jan 5, 2015
Sold by
Myers Jeanelle P and Herndon James B
Bought by
Branch Banking And Trust Co
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
Fvi Inc -- None Available
Zellmer Daria A $60,000 None Available
Branch Banking And Trust Co $153,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herndon Ii James B $38,700
Previous Owner Herndon James B $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2016 01/27/16 Sold $60,000 -7.6% $21 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
11/16/2015 11/16/15 For Sale $64,900 -- $22 / 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 $861 $200,300 $49,100 $151,200
2023 $892 $146,200 $42,100 $104,100
2022 $892 $146,200 $42,100 $104,100
2021 $892 $146,200 $42,100 $104,100
2020 $892 $146,200 $42,100 $104,100
2019 $881 $144,500 $42,100 $102,400
2018 $881 $144,500 $42,100 $102,400
2017 $795 $162,100 $36,300 $125,800
2016 $795 $162,100 $36,300 $125,800
2015 $875 $162,100 $36,300 $125,800
2014 $875 $162,100 $36,300 $125,800
2013 $875 $162,100 $36,300 $125,800
Source: Public Records

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 820994

Roanoke Valley Association of REALTORS®

APN: 0950007000