NOT LISTED FOR SALE

520 Thompson Ridge Rd Ferrum, VA 24088

Estimated Value: $337,355 - $408,000

3 Beds
3 Baths
2,562 Sq Ft
$144/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $210,000 $82 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,128/month

Highlights

  • Wood Burning Stove
  • Ranch Style House
  • Rear Porch
  • Great Room with Fireplace
  • No HOA
  • 2 Car Attached Garage

About This Home

As of October 2020

Come home to this unique, custom built ranch in the beautiful foothills of the Blue Ridge Mountains. Home features 3BR, 3BA, custom cabinetry, granite counter tops throughout, stainless appliances, 2 car attached garage with additional covered parking underneath, finished basement w/wet bar, screened porch w/mountain views and the list goes on. Conveniently located to Ferrum College, Floyd, The Blue Ridge Parkway and just minutes from Public Boat Ramp and Camping at Philpott Lake!

Last Agent to Sell the Property

Tim Massey

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225198546 Listed on: 09/24/2020

Last Buyer's Agent

Tim Massey

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225198546 Listed on: 09/24/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,065

Year Built

  • Built in 1996

Lot Details

  • 1.25 Acre Lot
  • Property is zoned NZ

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Stone Siding

Interior Spaces

  • Wood Burning Stove
  • Sliding Doors
  • Great Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Rear Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Furnace

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,065

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas, Wood Furnace
  • Fireplace(s): Great Room, Recreation Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Cooling System: Central Cooling
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1953.00
  • ExteriorDoors: Sliding
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 3908
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 609.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2020-09-24
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1953
  • TotalBdrm: 3
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2562.00
  • TotalUnfin Sq Ft: 1346.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1346.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch

Utilities

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

Schools

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

Green Features

  • Energy Features: Wood Stove

Lot Info

  • Lot Description: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.25
  • ZoningCode: NZ

Building Info

  • Year Built: 1996

Tax Info

  • Taxes (6 mo): 1065.00
  • FILLTAXID: 0990003200

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2006
Sold by
Atkins Landon Dean
Bought by
Atkins Landon Dean and Atkins Teresa Anne
Current Estimated Value
$368,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$103,536
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$251,333
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Atkins Landon Dean -- --
Atkins Landon Dean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atkins Landon Dean $160,000
Closed Atkins Landon Dean $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $210,000 0.0% $82 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $210,000 -- $82 / 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 $1,453 $337,800 $26,300 $311,500
2023 $1,299 $213,000 $19,300 $193,700
2022 $1,299 $213,000 $19,300 $193,700
2021 $1,299 $213,000 $19,300 $193,700
2020 $1,289 $211,300 $17,600 $193,700
2019 $362 $193,600 $17,600 $176,000
2018 $1,181 $193,600 $17,600 $176,000
2017 $1,065 $192,800 $17,600 $175,200
2016 $1,065 $192,800 $17,600 $175,200
2015 $1,041 $192,800 $17,600 $175,200
2014 $1,041 $192,800 $17,600 $175,200
2013 $1,041 $192,800 $17,600 $175,200
Source: Public Records

Agents Affiliated with this Home

  • Tim Massey

    Seller's Agent in 2020

    Tim Massey

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 420-6864

    40 Total Sales

    Tim Massey
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 873693

Roanoke Valley Association of REALTORS®

APN: 0990003200

Virginia Franklin County Ferrum 24088

520 Thompson Ridge Rd, Ferrum, VA

This home is located at 520 Thompson Ridge Rd, Ferrum, VA 24088 since 24 September 2020 and is currently estimated at $368,339, approximately $143 per square foot. This property was built in 1996. 520 Thompson Ridge Rd is a home located in Franklin County with nearby schools including Ferrum Elementary School, Benjamin Franklin Middle School, and Franklin County High School.

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.

Nearby Homes