NOT LISTED FOR SALE

5540 Franklin St Ferrum, VA 24088

Estimated Value: $301,746 - $600,000

4 Beds
2 Baths
4,476 Sq Ft
$87/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $259,000 $58 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,131/month

10 Days on Market

Highlights

  • Living Room with Fireplace
  • No HOA
  • Walk-In Closet
  • Ranch Style House
  • Covered Patio or Porch
  • Storage

About This Home

As of March 2022

Great Location! Less than 5 min to Rocky Mt and only one step to the famous Bowling's Hotdogs! Beautiful, immaculately maintained 4 bedrooms, 2 bathroom brick ranch home has so much to offer! New roof, new well, new septic distribution, lines and plumbing (pipes), new carpet and tile refinished hardwood floors. Recently finished basement and upper level, a lot of storage, 2 fireplaces. Move in ready. Must see!

Last Agent to Sell the Property

Alla Scott

COLDWELL BANKER TOWNSIDE, REALTORS(r) License #0225215407 Listed on: 03/02/2022

COLDWELL BANKER TOWNSIDE, REALTORS(r)

Last Buyer's Agent

Misty Mollin

MKB, REALTORS(r) License #0225206286

MKB, REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $874

Year Built

  • Built in 1950

Lot Details

  • 1.03 Acre Lot
  • Cleared Lot
  • Garden
  • Property is zoned NZ

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 4,476 Sq Ft Home
  • Ceiling Fan
  • Fireplace Features Masonry
  • Insulated Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Storage
  • Storm Doors

Kitchen

  • Electric Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Restaurant

Listing and Financial Details

  • Tax Lot 48b

Home Details

Home Type

Single Family

Est. Annual Taxes

$874

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Masonry Fireplace, Storage, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Basement, Living Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Washer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Covered Porch, Garden Space, Paved Driveway, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 4
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 2004.00
  • Entry Below Grd Fin S Q F T: 1572
  • ExteriorDoors: Insulated, Insulated Storm
  • Fireplace Number Fireplaces: 2
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 2904
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 4476.00
  • UpperAboveGrdFin Sq Ft: 900.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior, Paved Road

Lot Info

  • Lot Description: Cleared
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.03
  • Lot: 48b
  • ZoningCode: NZ

Building Info

  • Year Built: 1950

Tax Info

  • Taxes (6 mo): 874.13

MLS Schools

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

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2022 03/28/22 Sold $259,000 0.0% $58 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $259,000 -- $58 / 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
2025 $1,011 $235,200 $30,000 $205,200
2024 $1,011 $235,200 $30,000 $205,200
2023 $874 $143,300 $23,000 $120,300
2022 $874 $143,300 $23,000 $120,300
2021 $874 $143,300 $23,000 $120,300
2020 $874 $143,300 $23,000 $120,300
2019 $827 $135,600 $23,000 $112,600
2018 $827 $135,600 $23,000 $112,600
2017 $746 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 887397

Roanoke Valley Association of REALTORS®

APN: 0810004801B