NOT LISTED FOR SALE

63 Old Craft Shop Rd Ferrum, VA 24088

Ferrum Neighborhood

Estimated Value: $197,000 - $234,000

3 Beds
2 Baths
1,300 Sq Ft
$165/Sq Ft Est. Value

Last Sold November 16, 2022

Last sale price $152,000 $117 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,243/month

8 Days on Market

Highlights

  • Mountain View
  • Patio
  • 1-Story Property
  • No HOA
  • Shed
  • Garden

About This Home

As of November 2022

Perfect Starter Home with room to grow equity fast or would make a good investment property to flip or rent! This home has lots of great potential! Many updates inside with repairs and remodeling still needed, Price has been discounted and reflects repairs needed and is being sold in as is condition only. Seller will not make any repairs but inspections welcome for informational purposes. Split Bedroom design, Laundry has been moved to main level, but there is a second hookup in basement. Updated Kitchen, Roof believed to have been replaced after 2011. 3 Bedrooms/2 Full Baths. Paved Drive, Public Water. Close to Ferrum College, @10 minutess from Rocky Mount and @ 10 min to Philpott Lake!!

Last Agent to Sell the Property

Marilyn Perdue

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225113125 Listed on: 08/26/2022

Last Buyer's Agent

Thomas Boettner

WAINWRIGHT & CO., REALTORS(r) License #0225239756

WAINWRIGHT & CO., REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $635

Year Built

  • Built in 1975

Lot Details

  • 0.65 Acre Lot
  • Lot Sloped Up
  • Garden
  • Property is zoned NZ

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Mountain Views
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • 3 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed

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

Listing and Financial Details

  • Tax Lot 17-20

Home Details

Home Type

Single Family

Est. Annual Taxes

$635

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Cooling System: Heat Pump Electric
  • Outside Features: Garden Space, Patio, Paved Driveway, Storage Shed
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1300.00
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 2150
  • Internet Access: Undetermined
  • LaundryLaundryEntryLevel: 1
  • LaundryLaundryLowerLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2022-09-03
  • Residential Type: Detached
  • Style Of House: 1 Story
  • SubdivisionMap: John O Martin
  • Total Above Grd Fin S Q F T: 1300
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1300.00
  • TotalUnfin Sq Ft: 850.00
  • UncoveredNumberSpaces: 3.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 850.00
  • 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: Private Septic
  • Water Description: Public Water
  • 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: Up Slope
  • Lot Dimensions: irregular
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.65
  • Lot: 17-20
  • ZoningCode: NZ

Building Info

  • Year Built: 1975

Tax Info

  • Taxes (6 mo): 635.00
  • FILLTAXID: 4020004200

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
Aug 26, 2022
Closed on
Nov 14, 2022
Sold by
Woods Stephanie Michelle
Bought by
Turner Robert W and Turner Kelly L
Seller's Agent
Marilyn Perdue
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Thomas Boettner
WAINWRIGHT & CO., REALTORS(r)
List Price
$145,000
Sold Price
$152,000
Premium/Discount to List
$7,000
4.83%
Current Estimated Value
$214,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,862
Avg. Annual Appreciation
10.72%
Original Mortgage
$155,496
Outstanding Balance
$151,889
Interest Rate
6.94%
Mortgage Type
VA
Estimated Equity
$48,215
Source: Public Records

Range of Values:

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
Turner Robert W $152,000 First Choice Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Robert W $155,496
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $152,000 +4.8% $117 / Sq Ft
09/03/2022 09/03/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $145,000 -- $112 / 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 $648 $150,700 $27,000 $123,700
2023 $631 $103,500 $20,000 $83,500
2022 $631 $103,500 $20,000 $83,500
2021 $631 $103,500 $20,000 $83,500
2020 $631 $103,500 $20,000 $83,500
2019 $571 $93,600 $20,000 $73,600
2018 $571 $93,600 $20,000 $73,600
2017 $515 $85,700 $22,000 $63,700
2016 $515 $85,700 $22,000 $63,700
2015 $463 $85,700 $22,000 $63,700
2014 $463 $85,700 $22,000 $63,700
2013 $463 $85,700 $22,000 $63,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Marilyn Perdue

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 353-3072

    1 in this area

    35 Total Sales

    Marilyn Perdue
    Section Image
  • Thomas Boettner

    Buyer's Agent in 2022

    Thomas Boettner

    WAINWRIGHT & CO., REALTORS(r)

    (540) 589-6187

    1 in this area

    53 Total Sales

    Thomas Boettner
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 892483

Roanoke Valley Association of REALTORS®

APN: 4020004200

Virginia Franklin County Ferrum 24088 Ferrum

63 Old Craft Shop Rd, Ferrum, VA

This home is located at 63 Old Craft Shop Rd, Ferrum, VA 24088 since 26 August 2022 and is currently estimated at $214,862, approximately $165 per square foot. This property was built in 1975. 63 Old Craft Shop Rd is a home located in Franklin County with nearby schools including Ferrum Elementary School, Benjamin Franklin Middle School, and Franklin County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes