NOT LISTED FOR SALE

68 Michael Ave Ferrum, VA 24088

Ferrum Area

Estimated Value: $256,000 - $313,000

4 Beds
2.5 Baths
2,480 Sq Ft
$119/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2023

Last sale price $265,000 $107 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,683 / mo

4 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • No HOA
  • Fenced Yard
  • Walk-In Closet

About This Home

As of May 2023

Come see this beautiful 4 bedroom home close to Rocky Mount and Ferrum! Many updates throughout the home including fresh paint and new carpet. Appliances and Hot Water tank are only a year old and HVAC only 2 years old! Enjoy your morning coffee on the lower patio while your pets play in the large fenced in yard on a spacious corner lot!

Last Agent to Sell the Property

Brenda Bratt

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225200886 Listed on: 03/31/2023

Last Buyer's Agent

Lucinda Scruggs

QUALITY REALTY License #0225185148

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $610

Year Built

  • Built in 1975

Lot Details

  • 20,038 Sq Ft Lot
  • Fenced Yard
  • Lot Sloped Down

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Storage
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet

Basement

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

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Tuck Under Garage
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 22

Home Details

Home Type

Single Family

Est. Annual Taxes

$610

Year Built

Built in 1975

Lot Details

0.46 Acres

Listing Details

  • Interior Features: Ceiling Fan, Storage, Walk-in-Closet
  • 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, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Fenced Yard, Patio, Paved Driveway, Storage Shed
  • AddlCoveredPrkng: Garage Under
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1240.00
  • ExteriorDoors: Metal
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 1240.00
  • Major Area: 04 - Franklin County
  • NumberAddCovSpaces: 1.00
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1240
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2480.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Private Septic
  • Water Description: Community System

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior

Lot Info

  • Lot Description: Down Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.46
  • Lot: 22

Building Info

  • Year Built: 1975

Tax Info

  • Taxes (6 mo): 610.00

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Apr 20, 2023
Sold by
Bought by
Seller's Agent
Brenda Bratt
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Lucinda Scruggs
QUALITY REALTY
List Price
$255,500
Sold Price
$265,000
Premium/Discount to List
$9,500
3.72%
Views
75
Current Estimated Value
$294,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,101
Avg. Annual Appreciation
3.29%
Original Mortgage
$11,925
Interest Rate
0.066%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
0.064%
Mortgage Type
Credit Line Revolving
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$265,000 None Listed On Document
$159,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $11,925
Open $257,050
Previous Owner $70,000
Previous Owner $122,400
Previous Owner $22,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2023 05/01/23 Sold $265,000 +3.7% $107 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $255,500 -- $103 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,017 $236,400 $25,000 $211,400
2024 $1,017 $236,400 $25,000 $211,400
2023 $834 $136,700 $20,000 $116,700
2022 $834 $136,700 $20,000 $116,700
2021 $834 $136,700 $20,000 $116,700
2020 $834 $136,700 $20,000 $116,700
2019 $774 $126,900 $20,000 $106,900
2018 $774 $126,900 $20,000 $106,900
2017 $698 $130,700 $20,000 $110,700
2016 $698 $130,700 $20,000 $110,700
2015 -- $130,700 $20,000 $110,700
2014 -- $130,700 $20,000 $110,700
2013 -- $130,700 $20,000 $110,700
Source: Public Records

Agents Affiliated with this Home

  • Brenda Bratt

    Seller's Agent in 2023

    Brenda Bratt

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 493-9544

    235 Total Sales

    Brenda Bratt
    Section Image
  • Lucinda Scruggs

    Buyer's Agent in 2023

    Lucinda Scruggs

    QUALITY REALTY

    (540) 814-1230

    127 Total Sales

    Lucinda Scruggs
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 897074

Roanoke Valley Association of REALTORS®

APN: 0810106600

Virginia Franklin County Ferrum 24088

68 Michael Ave, Ferrum, VA

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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.

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