NOT LISTED FOR SALE

500 Old Ferrum Rd Ferrum, VA 24088

Estimated Value: $221,580 - $229,000

3 Beds
2 Baths
1,355 Sq Ft
$166/Sq Ft Est. Value

Sale Details

Date Sold: August 24, 2018

Last sale price $95,000 $70 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,253 / mo

44 Days on Market

Highlights

  • Cape Cod Architecture
  • Covered Patio or Porch
  • Detached Garage
  • No HOA

About This Home

As of August 2018

Charming cape cod home on almost an acre close to Ferrum College! Home features hardwood floors, side and back porches, kitchen with dining area, full basement, two full baths plus detached garage!This is a Fannie Mae HomePath property. Buyer/Buyer's agent to verify all information and buyer is responsible for all inspections. AC on entry level.

Last Buyer's Agent

Julie Kingery

MOUNTAIN TO LAKE REALTY License #0225175848

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $399

Year Built

  • Built in 1939

Lot Details

  • 0.97

Parking

  • Detached Garage

Home Design

  • 1,355 Sq Ft Home
  • Single Family Detached Home
  • Manufactured Home
  • Cape Cod Architecture

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Basement

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

Schools

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

Additional Features

  • Covered Patio or Porch
  • 42,253 Sq Ft Lot
  • Heat Pump System

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$399

Year Built

Built in 1939

Lot Details

0.97 Acres

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 850.00
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • Residential Type: Detached
  • Style Of House: Cape Cod
  • Total Above Grd Fin S Q F T: 1355
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1355.00
  • TotalUnfin Sq Ft: 850.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 850.00
  • UpperAboveGrdFin Sq Ft: 505.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Public Water

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.97

Building Info

  • Year Built: 1939

Tax Info

  • Taxes (6 mo): 399.00

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
Jun 4, 2018
Closed on
Aug 23, 2018
Sold by
Fanie Mae
Bought by
Wedde Christine A and Ball Tyler W
Buyer's Agent
Julie Kingery
MOUNTAIN TO LAKE REALTY
List Price
$95,000
Sold Price
$95,000
Current Estimated Value
$224,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,895
Avg. Annual Appreciation
11.83%
Original Mortgage
$95,959
Outstanding Balance
$83,163
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$141,732

Purchase Details

Closed on
Dec 12, 2017
Sold by
Bastio Rebecca and Bastio Anthony
Bought by
Federal National Mortgage Association

Purchase Details

Listed on
Apr 17, 2013
Closed on
Jun 2, 2014
Sold by
Craighead James C and Craighead Lilly H
Bought by
Bastio Anthony J
Seller's Agent
Angie McGhee
MKB, REALTORS(r) - FRANKLIN CO
Buyer's Agent
Angie McGhee
MKB, REALTORS(r) - FRANKLIN CO
List Price
$125,000
Sold Price
$96,500
Premium/Discount to List
-$28,500
-22.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$77,200
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2009
Sold by
Scott Roger L
Bought by
Craighead James S and Craighead Lilly H
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 Buyer Sale Price Title Company
Wedde Christine A $95,000 Wfg National Title Insurance
Federal National Mortgage Association $75,200 None Available
Bastio Anthony J $9,500 Fidelity Natl Title Ins Co
Craighead James S $51,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wedde Christine A $95,959
Previous Owner Bastio Anthony J $77,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2018 08/24/18 Sold $95,000 0.0% $70 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $95,000 -1.6% $70 / Sq Ft
06/03/2014 06/03/14 Sold $96,500 -22.8% $58 / Sq Ft View Prior Sale
03/21/2014 03/21/14 Pending -- -- --
04/17/2013 04/17/13 For Sale $125,000 -- $76 / 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 $716 $166,600 $21,000 $145,600
2024 $716 $166,600 $21,000 $145,600
2023 $645 $105,800 $18,000 $87,800
2022 $645 $105,800 $18,000 $87,800
2021 $645 $105,800 $18,000 $87,800
2020 $645 $105,800 $18,000 $87,800
2019 $578 $94,800 $17,000 $77,800
2018 $578 $94,800 $17,000 $77,800
2017 $521 $88,300 $17,000 $71,300
2016 $521 $88,300 $17,000 $71,300
2015 $477 $88,300 $17,000 $71,300
2014 $477 $88,300 $17,000 $71,300
2013 $477 $88,300 $17,000 $71,300
Source: Public Records

Agents Affiliated with this Home

  • Julie Kingery

    Buyer's Agent in 2018

    Julie Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 420-0738

    4 in this area

    228 Total Sales

    Julie Kingery
    Section Image
  • Billy Kingery

    Buyer Co-Listing Agent in 2018

    Billy Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 420-2030

    8 in this area

    397 Total Sales

    Billy Kingery
    Section Image
  • Angie McGhee

    Seller's Agent in 2014

    Angie McGhee

    MKB, REALTORS(r) - FRANKLIN CO

    (540) 537-5918

    8 in this area

    571 Total Sales

    Angie McGhee
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 849097

Roanoke Valley Association of REALTORS®

APN: 0800010000

Virginia Franklin County Ferrum 24088

500 Old Ferrum 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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