NOT LISTED FOR SALE

5556 Providence Church Rd Ferrum, VA 24088

Estimated Value: $213,905 - $246,000

3 Beds
1 Bath
960 Sq Ft
$238/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $165,000 $172 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,307/month

20 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Gentle Sloping Lot
  • Ranch Style House

About This Home

As of December 2020

Beautiful remodeled home in a very convenient location ( 15 minutes from Rocky Mount, 25 minutes to Martinsville). This great county home is located on a spacious 1.15 acre lot with firepit area and newly landscaped with low maintenance exterior of home. As you enter, you will be impressed with the open Living room, dining area and kitchen with new cabinetry, modern appliances and laminate flooring. Main level of home offers 3 bedrooms and a full bathroom all of which have new light fixtures and lots of natural lighting. The full unfinished basement is ready for you to finish. Until then, you will enjoy the spacious unfinished area for storage and laundry area. Perfect starter or retirement home!

Last Agent to Sell the Property

Pat Bailey

CB SALES AND RENTALS INC License #0225040287 Listed on: 09/29/2020

Last Buyer's Agent

Jeanette Handy

FRONT PORCH REALTY License #0225224516

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $551

Year Built

  • Built in 1978

Lot Details

  • 1.15 Acre Lot
  • Gentle Sloping Lot
  • Wooded Lot

Parking

  • Off-Street Parking

Home Design

  • 960 Sq Ft Home
  • Ranch Style House

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level

Basement

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

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Mountain Meadows Subdivision

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$551

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric
  • Cooling System: Heat Pump Electric
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 960.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 960
  • LaundryLaundryLowerLevel: 1
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2020-10-19
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Mountain Meadows
  • Total Above Grd Fin S Q F T: 960
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 960.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: PrivSept-permit unav
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Maint-Free Exterior

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Wooded
  • Lot Dimensions: See tax map
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.15
  • Lot: 2

Building Info

  • Year Built: 1978

Tax Info

  • Taxes (6 mo): 551.40
  • FILLTAXID: 0910204300

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Dec 1, 2020
Sold by
Wray Hunter S
Bought by
Keith Ashley C
Seller's Agent
Pat Bailey
CB SALES AND RENTALS INC
Buyer's Agent
Jeanette Handy
FRONT PORCH REALTY
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Current Estimated Value
$228,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,476
Avg. Annual Appreciation
7.17%
Original Mortgage
$159,595
Outstanding Balance
$142,663
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$85,813

Purchase Details

Listed on
Aug 21, 2018
Closed on
Oct 17, 2018
Sold by
Gill Joseph A and Gill Aubrey A
Bought by
Wray Hunter S
Seller's Agent
Angie McGhee
MKB, REALTORS(r) - FRANKLIN CO
Buyer's Agent
Pat Bailey
CB SALES AND RENTALS INC
List Price
$105,900
Sold Price
$105,000
Premium/Discount to List
-$900
-0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.52%
Original Mortgage
$106,060
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2009
Sold by
Litton Sam M and Litton Joan H
Bought by
Gill Joseph A and Gill Aubrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,200
Interest Rate
5.14%
Mortgage Type
USDA

Purchase Details

Closed on
Aug 14, 2006
Sold by
Monette Roland K
Bought by
Litton Sam M and Litton Joan H
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Keith Ashley C $158,000 None Available
Wray Hunter S $105,000 None Available
Gill Joseph A $99,900 --
Litton Sam M $26,001 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keith Ashley C $159,595
Previous Owner Wray Hunter S $106,060
Previous Owner Gill Joseph A $100,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold $165,000 -2.9% $172 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $169,900 +61.8% $177 / Sq Ft
10/26/2018 10/26/18 Sold $105,000 -0.8% $109 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $105,900 -- $110 / 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 $743 $172,800 $24,400 $148,400
2023 $561 $91,900 $17,400 $74,500
2022 $561 $91,900 $17,400 $74,500
2021 $561 $91,900 $17,400 $74,500
2020 $561 $91,900 $17,400 $74,500
2019 $418 $68,500 $17,400 $51,100
2018 $418 $68,500 $17,400 $51,100
2017 $377 $65,300 $17,400 $47,900
2016 $377 $65,300 $17,400 $47,900
2015 $353 $65,300 $17,400 $47,900
2014 $353 $65,300 $17,400 $47,900
2013 $353 $65,300 $17,400 $47,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 873824

Roanoke Valley Association of REALTORS®

APN: 0910204300