NOT LISTED FOR SALE

488 Gatewood Ln Ferrum, VA 24088

3 Beds
2 Baths
1,504 Sq Ft
653,836 Sq Ft

Last Sold September 20, 2022

Last sale price $225,000 $150 Per Sq Ft

4 Days on Market

Highlights

  • Horses Allowed On Property
  • Deck
  • Front Porch
  • Built in 2018 | Newly Remodeled
  • No HOA
  • Walk-In Closet

About This Home

As of September 2022

Privacy at it's BEST! Fantastic opportunity to have almost new new home on 15 acres. Nice storage building goes with home- hardly used/almost brand new. Open floor plan- split bedroom, one level living. Very well maintained home - great opportunity, rare find! Wild life and nature - private retreat! Home has been very well taken care of and hardly used at all! Nice front porch, large kitchen, grand living room. Large laundry room.

Last Agent to Sell the Property

Tricia Johnson

PROPERTY NAVIGATORS LLC License #0225079258 Listed on: 08/11/2022

Last Buyer's Agent

Lisa Martin Meier

LISA & CO., REALTORS(r) License #0225229141

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $780

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 15.01 Acre Lot
  • Property fronts a private road
  • Cleared Lot

Home Design

  • Single Family Detached Home

Interior Spaces

  • 1,504 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Living Room with Fireplace
  • Crawl Space
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Shed
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Horses Allowed On Property
  • Manufactured Home

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot Tract D2

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$780

Year Built

Built in 2018 | Newly Remodeled

Lot Details

15.01 Acres

Listing Details

  • Interior Features: Ceiling Fan, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Manufactured Home
  • Has Basement: Crawl Space
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1504.00
  • ExteriorDoors: Sliding
  • Fireplace Number Fireplaces: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • SubdivisionMap: Thorpes Creek
  • Total Above Grd Fin S Q F T: 1504
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1504.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: NewHome
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch, Side Porch

Utilities

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

Association/Amenities

  • Misc Features: Horses Permitted, Maint-Free Exterior, Manufac Home Allowed, New Construction, Private Road

Lot Info

  • Lot Description: Cleared
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 15.01
  • Lot: Tract D2
  • ZoningCode: NZ

Building Info

  • Year Built: 2018

Tax Info

  • Taxes (6 mo): 780.00

MLS Schools

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

Date Event Price List to Sale Price per Sq Ft
09/20/2022 09/20/22 Sold $225,000 0.0% $150 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $224,900 -- $150 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $1,026 $238,500 $52,000 $186,500
2024 $1,026 $238,500 $52,000 $186,500
2023 $801 $131,300 $45,000 $86,300
2022 $801 $131,300 $45,000 $86,300
2021 $801 $131,300 $45,000 $86,300
2020 $244 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 892060

Roanoke Valley Association of REALTORS®
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