550 Franklin St Rocky Mount, VA 24151
Estimated Value: $205,302
--
Bed
--
Bath
1,080
Sq Ft
$190/Sq Ft
Est. Value
About This Home
This home is located at 550 Franklin St, Rocky Mount, VA 24151 and is currently estimated at $205,302, approximately $190 per square foot. 550 Franklin St is a home located in Franklin County with nearby schools including Lee M. Waid Elementary School, Benjamin Franklin Middle School, and Franklin County High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 3, 2022
Sold by
Thompson Jerry and Thompson Tillie
Bought by
Hollywood Building Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,999,400
Outstanding Balance
$11,549,912
Interest Rate
5.13%
Mortgage Type
Seller Take Back
Estimated Equity
-$11,347,424
Purchase Details
Closed on
Jun 12, 2020
Sold by
Beamesderfer Dawson E and Beamesderfer Jennifer B
Bought by
Beamesderfer Jennifer B
Purchase Details
Closed on
Feb 27, 2008
Sold by
Thompson Jerry B
Bought by
Aaron
Purchase Details
Closed on
May 23, 2006
Sold by
Thompson Jerry B and Thompson Tillie S
Bought by
Beamesderfer Dawson E and Beamesderfer Jennifer B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
5%
Mortgage Type
Commercial
Purchase Details
Closed on
May 4, 2006
Sold by
Laprade Darryl L and Laprade Rhonda W
Bought by
Thompson Jerry B and Thompson Tillie S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
5%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hollywood Building Llc | $171,420 | Anchor Title | |
| Beamesderfer Jennifer B | -- | None Available | |
| Aaron | -- | -- | |
| Beamesderfer Dawson E | $25,000 | -- | |
| Chitwood Samuel A | $25,000 | -- | |
| Thompson Jerry B | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hollywood Building Llc | $11,999,400 | |
| Previous Owner | Chitwood Samuel A | $18,000 |
Source: Public Records
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 | $706 | $164,200 | $81,900 | $82,300 |
| 2023 | $535 | $87,700 | $21,900 | $65,800 |
| 2022 | $535 | $87,700 | $21,900 | $65,800 |
| 2021 | $535 | $87,700 | $21,900 | $65,800 |
| 2020 | $535 | $87,700 | $21,900 | $65,800 |
| 2019 | $507 | $83,100 | $21,900 | $61,200 |
| 2018 | $507 | $83,100 | $21,900 | $61,200 |
| 2017 | $457 | $86,500 | $21,900 | $64,600 |
| 2016 | $457 | $86,500 | $21,900 | $64,600 |
| 2015 | $467 | $86,500 | $21,900 | $64,600 |
| 2014 | $467 | $86,500 | $21,900 | $64,600 |
| 2013 | $467 | $86,500 | $21,900 | $64,600 |
Source: Public Records
Map
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