NOT LISTED FOR SALE

5514 Franklin Pike SE Floyd, VA 24091

Estimated Value: $490,000 - $706,000

3 Beds
2 Baths
2,388 Sq Ft
$238/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2013

Last sale price $255,000 $107 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,287 / mo

102 Days on Market

Highlights

  • Horses Allowed On Property
  • Living Room with Fireplace
  • Views
  • Custom Home
  • Walk-In Closet
  • Storage

About This Home

As of August 2013

Beautiful custom built brick ranch home on 8 acres. Features open floor plan, hardwood floors, ceramic tile, custom kitchen cabinets and stainless steel appliances. Approximately 5 cleared acres and balance wooded. Small stream on back of property.

Last Agent to Sell the Property

Terry Thompson

Thompson RE & Auction Listed on: 03/22/2013

Last Buyer's Agent

Terry Thompson

Thompson RE & Auction Listed on: 03/22/2013

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Rural Setting
  • Cleared Lot
  • Property is in very good condition

Parking

  • 4 Garage Spaces | 2 Attached and 2 Detached

Home Design

  • Custom Home
  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Trim

Interior Spaces

  • 2,388 Sq Ft Home
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Storage
  • Attic Access Panel
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Ceramic Tile in Bathrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • Stream

Listing and Financial Details

  • Assessor Parcel Number 3385A

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

8 Acres

Listing Details

  • Appearance: Custom Features, Very Good
  • Estimated Total Finished Sq Ft: 2388
  • Class: Residential
  • County Or City: Floyd
  • Deed Bk Pg Instrumnt: 060001893
  • Legal Description: PAYNES CREEK PC3-294
  • Master On Main: Yes
  • Parcel Nbr: 3385A
  • Porch Dim Descrip: 8 x 27
  • Property Sub Type: Detached
  • Style Structure Home: Ranch
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Appliances: Dishwasher, Dryer Hookup-Elec, Microwave, Range/Electric, Refrigerator, Washer Hookup
  • Attic: Access Only
  • Basement: Full, Outside Access, Partially Finished, Rec Room/Game Room, Walk Out
  • Bedrooms: 3
  • Fireplace: Gas Logs/Vented, Living Room
  • Full Bathrooms: 2
  • Interior Amenities: Ceramictile Bath(s), Custom Cabinets, Extra Storage, Laundry On Main, Walk-In Closet(s)

Exterior Features

  • Exterior Finish: Brick, Vinyl
  • Roofing: Shingle

Garage/Parking

  • Garage Carport: Double Attached, Double Detached

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump
  • Sewer: Septic
  • Water: Well

Lot Info

  • Land Description: Part Cleared, Road Frontage, Rural, State Maintained Rd, Stream, Suitable For Horses, View

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2013
Closed on
Aug 14, 2013
Sold by
Bought by
Seller's Agent
Terry Thompson
Thompson RE & Auction
Buyer's Agent
Terry Thompson
Thompson RE & Auction
List Price
$294,000
Sold Price
$255,000
Premium/Discount to List
-$39,000
-13.27%
Current Estimated Value
$569,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,405
Avg. Annual Appreciation
6.35%
Original Mortgage
$260,240
Interest Rate
4.31%
Mortgage Type
New Conventional
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$255,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $25,000
Open $54,000
Open $320,000
Closed $260,240
Previous Owner $204,000
Previous Owner $201,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/15/2013 08/15/13 Sold $255,000 -13.3% $107 / Sq Ft
07/02/2013 07/02/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $294,000 -- $123 / Sq Ft
Source: New River Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,968 $487,100 $113,000 $374,100
2025 $1,883 $487,100 $113,000 $374,100
2024 $1,894 $313,900 $59,000 $254,900
2023 $2,040 $313,900 $59,000 $254,900
2022 $2,040 $313,900 $59,000 $254,900
2021 $1,978 $313,900 $59,000 $254,900
2020 $1,883 $313,900 $59,000 $254,900
2019 $1,821 $303,500 $59,000 $244,500
2018 $1,821 $303,500 $59,000 $244,500
2017 $1,669 $303,500 $59,000 $244,500
2016 $1,669 $303,500 $59,000 $244,500
2015 -- $303,500 $59,000 $244,500
2014 -- $324,700 $58,500 $266,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 309588

New River Valley Association of REALTORS®

APN: 33-85A

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