NOT LISTED FOR SALE

5565 Haw Patch Rd Ferrum, VA 24088

Estimated Value: $429,000 - $612,000

3 Beds
2 Baths
1,793 Sq Ft
$289/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $494,950 $276 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,847/month

1 Day on Market

Highlights

  • Barn
  • 70.8 Acre Lot
  • Deck
  • Horses Allowed On Property
  • Mountain View
  • Stream or River on Lot

About This Home

As of July 2022

Breathtaking, private 70.08 acres, mixture of open fields and woods; this property is a piece of heaven. Abundant wildlife; offers a Bold Stream on property, large barn, additional out buildings recently added and newly fenced pastures throughout property. Recently added a Generac generator for $9,000.00, added gravel to the entire driveway, new pressure tank on well, new back door - sliding doors of home and endless improvement to the property. Acreage is perfect for horse riding and ATV Trails. Ranch style home, enjoy main level living and open floor plan. Kitchen w/cabinets galore and lots of natural light. Large master suite with private bath w/jetted tub. Only 20 mins to Rocky Mount & amenities.

Last Agent to Sell the Property

Jodi Stiles

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225052873 Listed on: 05/19/2022

Last Buyer's Agent

Gavin Hollingsworth

EDWIN C HALL ASSOCIATES INC License #0225233452

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 2010

Lot Details

  • 70.8 Acre Lot
  • Garden

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,793 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Mountain Views
  • Crawl Space
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Outdoor Features

  • Stream or River on Lot
  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,500

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Walk-in-Closet, Whirlpool Bath
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Barn, Covered Porch, Deck, Formal Garden, Storage Shed
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1793.00
  • ExteriorDoors: Fiberglass, Sliding
  • Internet Access: Other, See Remarks
  • InternetAccessCurntInternetProv: Verizon
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1793
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1793.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Horses Permitted, Maint-Free Exterior, Stream

Lot Info

  • Lot Description: Stream, Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 70.80

Building Info

  • Year Built: 2010

Tax Info

  • Taxes (6 mo): 1500.00

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
May 19, 2022
Closed on
Jul 5, 2022
Sold by
Reedy Timothy L and Reedy Sandra R
Bought by
Nesbit Joseph L and Nesbit Maeve C
Seller's Agent
Jodi Stiles
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Gavin Hollingsworth
EDWIN C HALL ASSOCIATES INC
List Price
$494,950
Sold Price
$494,950
Current Estimated Value
$519,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,075
Avg. Annual Appreciation
1.38%
Original Mortgage
$470,202
Outstanding Balance
$446,076
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$72,949

Purchase Details

Listed on
Jul 24, 2020
Closed on
Oct 2, 2020
Sold by
Laughinghouse Raymond A and Laughinghouse Susan A
Bought by
Reedy Timothy L and Reedy Sandra R
Seller's Agent
Angie McGhee
MKB, REALTORS(r) - FRANKLIN CO
Buyer's Agent
Jodi Stiles
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.78%
Original Mortgage
$294,057
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nesbit Joseph L $494,950 First Choice Title & Settlemen
Reedy Timothy L $340,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nesbit Joseph L $470,202
Previous Owner Reedy Timothy L $294,057
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2022 07/08/22 Sold $494,950 0.0% $276 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $494,950 +45.6% $276 / Sq Ft
10/05/2020 10/05/20 Sold $340,000 -2.8% $190 / Sq Ft View Prior Sale
07/31/2020 07/31/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $349,900 -- $195 / 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 $1,524 $354,500 $115,700 $238,800
2024 $1,524 $354,500 $115,700 $238,800
2023 $1,496 $245,300 $108,700 $136,600
2022 $1,496 $245,300 $108,700 $136,600
2021 $1,469 $245,300 $108,700 $136,600
2020 $1,038 $170,100 $43,300 $126,800
2019 $961 $157,600 $43,300 $114,300
2018 $961 $157,600 $43,300 $114,300
2017 $867 $157,700 $43,300 $114,400
2016 $867 $157,700 $43,300 $114,400
2015 $852 $157,700 $43,300 $114,400
2014 $852 $157,700 $43,300 $114,400
2013 $852 $157,700 $43,300 $114,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 889653

Roanoke Valley Association of REALTORS®

APN: 0920003405