NOT LISTED FOR SALE

5121 Franklin Pike SE Floyd, VA 24091

Estimated Value: $363,000 - $544,000

2 Beds
2 Baths
1,696 Sq Ft
$276/Sq Ft Est. Value

Last Sold October 15, 2024

Last sale price $206,000 $121 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,590/month

324 Days on Market

Highlights

  • Horses Allowed On Property
  • Pond
  • Farmhouse Style Home
  • Home fronts a pond
  • Wood Flooring
  • Corner Lot

About This Home

As of October 2024

Beautiful property with 2 separate tax parcels, 5.13 acres of flat open land, kidney shaped pond and a charming old store building/farmhouse that is on the corner of the Blue Ridge Parkway, Franklin Pike and River Ridge Road with endless potential development for commercial property, AirBnB, cabins, etc... The building was built around 1900 and is very visible from the Parkway. Call for a private showing today!

Last Agent to Sell the Property

Darin Greear

Long & Foster - Blacksburg License #225086131 Listed on: 10/05/2023

Long & Foster - Blacksburg

Last Buyer's Agent

Non-MLS Non-MLS

Non-MLS Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 5.13 Acre Lot
  • Home fronts a pond
  • Rural Setting
  • Corner Lot
  • Cleared Lot
  • Garden
  • Property is in good condition

Home Design

  • Farmhouse Style Home
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2 Bedrooms
  • 1,696 Sq Ft Home
  • Flue
  • Wood Flooring
  • Crawl Space
  • Property Views

Outdoor Features

  • Pond
  • Storage Shed
  • Porch

Schools

  • Floyd Elementary School
  • Floyd County High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6578,11778

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Appearance: Good
  • Estimated Total Finished Sq Ft: 1696
  • Class: Residential
  • County Or City: Floyd
  • Legal Description: LITTLE RIVER & PAYNES CREEK PC1-253
  • Lvt Date: 10/05/2023
  • Parcel Nbr: 6578,11778
  • Porch Dim Descrip: Covered Front/Side
  • Property Sub Type: Detached
  • Report Header1: 5121 Franklin, Floyd, VA 24091
  • Room Level Bedrooms Uppe: 2
  • Style Structure Home: Farm House
  • Water Frontage: Pond
  • Year Built: 1900
  • Directions: From downtown Floyd go North on 221, turn RIGHT on Franklin Pike. Home will be on the LEFT just after crossing the Blue Ridge Parkway. Corner of the Blue Ridge Parkway, Franklin Pike and River Ridge Road. See sign.
  • S O1 Office State: No
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Basement: Crawl Space
  • Bedrooms: 2
  • Fireplace: Flue

Exterior Features

  • Exterior Features: Garden Space, Porch, Storage Shed
  • Exterior Finish: Wood
  • Roofing: Metal

Condo/Co-op/Association

  • HOA: None

Schools

  • Elementary School: Floyd
  • High School: Floyd County
  • Junior High Dist: Floyd

Lot Info

  • Estimated Lot Size: 5.13
  • Land Description: Corner, Part Cleared, Pond, Road Frontage, Rural, State Maintained Rd, Suitable For Horses, View
  • Lot Size: 223462.8
  • Geo Subdivision: VA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2021
Sold by
Markham Alison G
Bought by
Shields Dana Jay and Jennelle Jann Allyn
Current Estimated Value
$467,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$200,138
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$267,581

Purchase Details

Closed on
Sep 10, 2019
Sold by
Kretzschmar Jude O'Connor
Bought by
Markham Alison G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,600
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2015
Sold by
Gravely Exr Joseph P and Est Of Amy M Boothe Gravely Re
Bought by
Kretzschmar Trustee Jude O Connor and The Jude O Connor Kretzschmar
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
Shields Dana Jay $392,750 Attorney
Markham Alison G $268,000 Attorney
Kretzschmar Trustee Jude O Connor $157,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shields Dana Jay $220,000
Previous Owner Markham Alison G $254,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2024 10/15/24 Sold $206,000 -10.4% $121 / Sq Ft
08/24/2024 08/24/24 Pending -- -- --
01/26/2024 01/26/24 Price Changed $229,900 -8.0% $136 / Sq Ft
10/05/2023 10/05/23 For Sale $249,900 -- $147 / 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 $1,588 $360,900 $70,800 $290,100
2024 $1,738 $259,400 $43,800 $215,600
2023 $1,686 $259,400 $43,800 $215,600
2022 $1,686 $259,400 $43,800 $215,600
2021 $1,634 $259,400 $43,800 $215,600
2020 $1,556 $259,400 $43,800 $215,600
2019 $873 $145,500 $43,800 $101,700
2018 $873 $145,500 $43,800 $101,700
2017 $800 $145,500 $43,800 $101,700
2016 $800 $145,500 $43,800 $101,700
2015 -- $145,500 $43,800 $101,700
2014 -- $152,800 $39,900 $112,900
Source: Public Records

Agents Affiliated with this Home

  • Darin Greear

    Seller's Agent in 2024

    Darin Greear

    Long & Foster - Blacksburg

    (540) 320-5859

    617 Total Sales

    Darin Greear
    Section Image

  • N

    Buyer's Agent in 2024

    Non-MLS Non-MLS

    Non-MLS Office

See All Agents

Map

Source: New River Valley Association of REALTORS®

MLS Number: 419319

New River Valley Association of REALTORS®

APN: 32-77B

Virginia Floyd County Floyd 24091

5121 Franklin Pike SE, Floyd, VA

Not Listed for Sale

Detached

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