5314 Dry Hill Rd Ferrum, VA 24088
3
Beds
3
Baths
1,858
Sq Ft
38
Acres
Highlights
- Horses Allowed On Property
- Mountain View
- Stream or River on Lot
- 38 Acre Lot
- Wood Burning Stove
- Wooded Lot
About This Home
As of September 2024Enjoy Wildlife Galore on this Beautiful 38 acres - Perfect Home in the Mountains for the Nature Lover! Well Maintained 3Bd/3Bath Home offers Many Updates, Spacious Rooms & Tons of Natural Light throughout. Covered Porch, Kitchen Entry at Carport, Beautiful Hardwood Floors, Nice Seasonal Views from the Family Room. Large Den on Lower Level w/Wood Stove, Full Bath & Storage. Looking for Privacy & Seclusion? THIS IS IT!
Last Agent to Sell the Property
MKB, REALTORS(r) - FRANKLIN CO License #0225095935 Listed on: 04/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,596
Year Built
- Built in 1976
Lot Details
- 38 Acre Lot
- Property fronts a private road
- Wooded Lot
- Garden
Home Design
- Split Level Home
- Brick Exterior Construction
Interior Spaces
- Ceiling Fan
- Wood Burning Stove
- Den with Fireplace
- Storage
- Laundry on main level
- Mountain Views
- Partially Finished Basement
- Walk-Out Basement
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Parking
- 2 Parking Spaces
- Attached Carport
- Off-Street Parking
Outdoor Features
- Stream or River on Lot
- Covered Patio or Porch
- Shed
Schools
- Ferrum Elementary School
- Ben Franklin Middle School
- Franklin County High School
Utilities
- Forced Air Heating System
- Heat Pump System
- Electric Water Heater
Additional Features
- Handicap Accessible
- Horses Allowed On Property
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2024
Closed on
Oct 4, 2024
Sold by
Sandra Ellen Berg Revocable Living Trust and Berg Sandra E
Bought by
Mcgovern Edward T
Seller's Agent
Angie McGhee
MKB, REALTORS(r) - FRANKLIN CO
Buyer's Agent
Daniel Kellett
T Y REALTY INCORPORATED
List Price
$379,900
Sold Price
$350,000
Premium/Discount to List
-$29,900
-7.87%
Views
298
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,290
Avg. Annual Appreciation
5.27%
Original Mortgage
$315,000
Outstanding Balance
$313,255
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$53,670
Purchase Details
Closed on
Jun 9, 2005
Sold by
Berg Sandra E
Bought by
Berg Sandra E
Similar Homes in Ferrum, VA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $350,000 | Old Republic National Title | |
| Gift Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $315,000 | New Conventional | |
| Previous Owner | $35,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2024 09/27/24 | Sold | $350,000 | -6.7% | $188 / Sq Ft |
| 08/29/2024 08/29/24 | Pending | -- | -- | -- |
| 05/21/2024 05/21/24 | Price Changed | $375,000 | -1.3% | $202 / Sq Ft |
| 04/24/2024 04/24/24 | For Sale | $379,900 | -- | $204 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History Compared to Growth
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 | $879 | $204,400 | $26,800 | $177,600 |
| 2023 | $706 | $115,800 | $19,800 | $96,000 |
| 2022 | $706 | $115,800 | $19,800 | $96,000 |
| 2021 | $706 | $115,800 | $19,800 | $96,000 |
| 2020 | $706 | $115,800 | $19,800 | $96,000 |
| 2019 | $647 | $106,100 | $19,800 | $86,300 |
| 2018 | $647 | $106,100 | $19,800 | $86,300 |
| 2017 | $584 | $108,500 | $20,600 | $87,900 |
| 2016 | $584 | $108,500 | $20,600 | $87,900 |
| 2015 | $586 | $108,500 | $20,600 | $87,900 |
| 2014 | $586 | $108,500 | $20,600 | $87,900 |
| 2013 | $586 | $108,500 | $20,600 | $87,900 |
Source: Public Records
Agents Affiliated with this Home
-
Angie McGhee
Seller's Agent in 2024
Angie McGhee
MKB, REALTORS(r) - FRANKLIN CO
(540) 537-5918
565 Total Sales
-
Daniel Kellett
D
Buyer's Agent in 2024
Daniel Kellett
T Y REALTY INCORPORATED
(434) 221-6558
65 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 906984
APN: 0940001200
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