NOT LISTED FOR SALE

7374 Dry Hill Rd Ferrum, VA 24088

Estimated Value: $296,093 - $376,000

5 Beds
2 Baths
2,142 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 04, 2019

Last sale price $215,000 $100 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,803/month

8 Days on Market

Highlights

  • Mountain View
  • No HOA
  • 2 Car Detached Garage
  • Hilly Lot
  • Covered Patio or Porch
  • Garden

About This Home

As of September 2019

This home is a must see! Beautiful home completely remodeled down to the studs! New drywall, plumbing, insulation and electrical throughout. Hardwood floors were re-done throughout. New tilt-in windows, new light fixtures and ceiling fans installed. There is an old building on the property that was a store. It could be used as an office space or storage space - the options are endless! There are two oil tanks buried on the property.

Last Agent to Sell the Property

Tasha Powers

BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN License #0225187618 Listed on: 07/29/2019

BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN

Last Buyer's Agent

Cathy Pearce

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225194085

WAINWRIGHT & CO., REALTORS(r)- LAKE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $600

Year Built

  • Built in 1936

Lot Details

  • 2.56 Acre Lot
  • Hilly Lot
  • Cleared Lot
  • Garden

Home Design

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

Interior Spaces

  • 2,142 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Mountain Views
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$600

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Heat Pump Electric
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Cook Top, Dishwasher, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Garden Space
  • Views: Mountain
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 2142.00
  • ExteriorDoors: Wood
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 2142
  • TotalBdrm: 5
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2142.00
  • TotalUnfin Sq Ft: 899.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 899.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic- 5BR+
  • Water Description: Private Well
  • Water Heater Type: Tank

Lot Info

  • Lot Description: Cleared, Hilly
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 2.56

Building Info

  • Year Built: 1936

Tax Info

  • Taxes (6 mo): 600.00

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
Jul 29, 2019
Closed on
Sep 4, 2019
Sold by
Dillon Jerry Wayne and Dillon Mildred Ruth
Bought by
Hill Jennifer N
Seller's Agent
Tasha Powers
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
Buyer's Agent
Cathy Pearce
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$219,000
Sold Price
$215,000
Premium/Discount to List
-$4,000
-1.83%
Current Estimated Value
$332,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,523
Avg. Annual Appreciation
7.13%
Original Mortgage
$208,550
Outstanding Balance
$182,255
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$150,268

Purchase Details

Listed on
Oct 30, 2017
Closed on
Nov 16, 2017
Sold by
English Tammi A and Altice Michael Gene
Bought by
Dillon Jerry Wayne and Dillon Milddred Ruth
Seller's Agent
Bob Parcell
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Bob Parcell
MOUNTAIN TO LAKE REALTY
List Price
$74,000
Sold Price
$51,500
Premium/Discount to List
-$22,500
-30.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
127.34%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hill Jennifer N $215,000 Court Street Title
Dillon Jerry Wayne $51,500 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Jennifer N $208,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/04/2019 09/04/19 Sold $215,000 -1.8% $100 / Sq Ft
08/06/2019 08/06/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $219,000 +325.2% $102 / Sq Ft
12/08/2017 12/08/17 Sold $51,500 -30.4% $27 / Sq Ft View Prior Sale
11/07/2017 11/07/17 Pending -- -- --
10/30/2017 10/30/17 For Sale $74,000 -- $39 / 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 $793 $184,400 $30,900 $153,500
2024 $793 $184,400 $30,900 $153,500
2023 $758 $124,200 $23,900 $100,300
2022 $758 $124,200 $23,900 $100,300
2021 $758 $124,200 $23,900 $100,300
2020 $758 $124,200 $23,900 $100,300
2019 $628 $103,000 $23,900 $79,100
2018 $628 $103,000 $23,900 $79,100
2017 $567 $107,000 $24,100 $82,900
2016 $567 $107,000 $24,100 $82,900
2015 $578 $107,000 $24,100 $82,900
2014 $578 $107,000 $24,100 $82,900
2013 $578 $107,000 $24,100 $82,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tasha Powers

    BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN

    (540) 520-3729

    6 Total Sales

    Tasha Powers
    Section Image
  • Cathy Pearce

    Buyer's Agent in 2019

    Cathy Pearce

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 493-3991

    8 Total Sales

    Cathy Pearce
    Section Image
  • Bob Parcell

    Seller's Agent in 2017

    Bob Parcell

    MOUNTAIN TO LAKE REALTY

    (540) 483-5566

    202 Total Sales

    Bob Parcell
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 861703

Roanoke Valley Association of REALTORS®

APN: 0940005500

Virginia Franklin County Ferrum 24088

7374 Dry Hill Rd, Ferrum, VA

Not Listed for Sale

Mobile Manufactured

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