NOT LISTED FOR SALE

637 Old Ferrum Rd Ferrum, VA 24088

Estimated Value: $418,440 - $447,000

4 Beds
5 Baths
3,123 Sq Ft
$139/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $269,900 $86 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,384/month

33 Days on Market

Highlights

  • Horses Allowed On Property
  • Family Room with Fireplace
  • No HOA
  • 2.43 Acre Lot
  • Sun or Florida Room
  • Breakfast Area or Nook

About This Home

As of June 2020

Spectacular spacious brick home, with gorgeous mountain views, minutes from Rocky Mount and Ferrum. Extra large rooms, hardwood floors, level yard, nested in a park like sitting. Listed for under current appraisal value, won't last long! Custom built brick home w/great views. 2 masonry fireplaces, slate floor in foyer, hardwood floors & over 2400 sq.ft. on the entry level. Secluded and private setting & only minutes to Ferrum & Rocky Mount. Quality built home in a great setting. Large walk-out basement. Many updates and upgrades! Taxes & sq.ft. estimated.

Last Agent to Sell the Property

Tricia Johnson

PROPERTY NAVIGATORS LLC License #0225079258 Listed on: 03/22/2020

Last Buyer's Agent

Brenda Bratt

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225200886

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 1975

Lot Details

  • 2.43 Acre Lot
  • Cleared Lot
  • Garden

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Brick Exterior Construction

Interior Spaces

  • 3,123 Sq Ft Home
  • 1.5-Story Property
  • Central Vacuum
  • Bookcases
  • Skylights
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Sun or Florida Room
  • Laundry on main level
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Basement

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

Parking

  • 2 Car Attached Garage
  • 8 Open Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System

Additional Features

  • Patio
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,300

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Breakfast Area, Masonry Fireplace, Skylight
  • Heating System: Forced Air Oil, Heat Pump Electric
  • Fireplace(s): Family Room, Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Central Vacuum, Cook Top, Dishwasher, Range Electric
  • Cooling System: Heat Pump Electric
  • Outside Features: Garden Space, Patio, Paved Driveway, Sunroom
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 2420.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 2
  • HalfBathsHalfBathsEntryLvl: 1
  • HalfBathsHalfBathsUpperLvl: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 3123
  • TotalBdrm: 4
  • TotalBths: 3.20
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3123.00
  • TotalHBaths: 2
  • UncoveredNumberSpaces: 8.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 703.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: PrivSept-permit unav
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Horses Permitted

Lot Info

  • Lot Description: Cleared, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 2.43

Building Info

  • Year Built: 1975

Tax Info

  • Taxes (6 mo): 1300.00

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
Mar 22, 2020
Closed on
May 28, 2020
Sold by
Woods Derek A
Bought by
Anderson Samuel H and Anderson Brittany D
Seller's Agent
Tricia Johnson
PROPERTY NAVIGATORS LLC
Buyer's Agent
Brenda Bratt
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$279,900
Sold Price
$269,900
Premium/Discount to List
-$10,000
-3.57%
Current Estimated Value
$433,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,960
Avg. Annual Appreciation
8.76%
Original Mortgage
$260,887
Outstanding Balance
$230,675
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$203,185

Purchase Details

Closed on
Nov 13, 2015
Sold by
Woods Derek A and Woods Jamie P
Bought by
Woods Derek A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,800
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2011
Closed on
Mar 29, 2013
Sold by
Shively Elliott P
Bought by
Woods Derek A and Woods Jamie P
Seller's Agent
Bob Parcell
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Brenda Shively
CENTURY 21 ALL-SERVICE
List Price
$260,000
Sold Price
$247,500
Premium/Discount to List
-$12,500
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%

Purchase Details

Closed on
Aug 10, 2007
Sold by
Shively James H
Bought by
Shively Elliott P
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Anderson Samuel H $269,900 Acquisition Ttl & Setmnt Agc
Woods Derek A -- Fidelity National Title Insu
Woods Derek A $247,500 None Available
Shively Elliott P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Samuel H $260,887
Previous Owner Woods Derek A $204,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2020 06/05/20 Sold $269,900 -3.6% $86 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
03/22/2020 03/22/20 For Sale $279,900 +13.1% $90 / Sq Ft
03/29/2013 03/29/13 Sold $247,500 -4.8% $79 / Sq Ft View Prior Sale
03/11/2013 03/11/13 Pending -- -- --
10/03/2011 10/03/11 For Sale $260,000 -- $83 / 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 $1,569 $364,800 $27,900 $336,900
2024 $1,569 $364,800 $27,900 $336,900
2023 $1,621 $265,800 $22,900 $242,900
2022 $1,621 $265,800 $22,900 $242,900
2021 $1,621 $265,800 $22,900 $242,900
2020 $1,621 $265,800 $22,900 $242,900
2019 $595 $242,600 $22,900 $219,700
2018 $1,480 $242,600 $22,900 $219,700
2017 $1,334 $251,700 $28,000 $223,700
2016 $1,334 $251,700 $28,000 $223,700
2015 $1,359 $251,700 $28,000 $223,700
2014 $1,359 $251,700 $28,000 $223,700
2013 $1,359 $251,700 $28,000 $223,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 868028

Roanoke Valley Association of REALTORS®

APN: 0800003602