NOT LISTED FOR SALE

84 Cotton Ln Ferrum, VA 24088

Ferrum Area

Estimated Value: $242,000 - $320,000

3 Beds
2 Baths
1,836 Sq Ft
$151/Sq Ft Est. Value

Sale Details

Date Sold: November 17, 2023

Last sale price $210,500 $115 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,535 / mo

129 Days on Market

Highlights

  • Wood Burning Stove
  • No HOA
  • Storage
  • Cathedral Ceiling
  • Log Cabin
  • Attached Carport

About This Home

As of November 2023

Welcome to your own haven in the country! This pleasant log home is situated on close to two acres of versatile land fifteen minutes from the town of Rocky Mt. , and even closer to Ferrum College. This home is perfect for full time living in a peaceful, quiet setting, homesteading or even for an ideal weekend getaway for those times when you need total rejuvenation. But you have to see it for yourself! So don't hesitate to go and imagine owning this piece of rural bliss!

Last Agent to Sell the Property

Cheyne Pizzino

WAINWRIGHT & CO., REALTORS(r) License #0225236314 Listed on: 05/30/2023

WAINWRIGHT & CO., REALTORS(r)

Co-Listed By

Tabitha Wade

WAINWRIGHT & CO., REALTORS(r) License #0225256623

Last Buyer's Agent

Billy Kingery

MOUNTAIN TO LAKE REALTY License #0225171683

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $717

Year Built

  • Built in 1981

Lot Details

  • 1.83 Acre Lot
  • Level Lot
  • Cleared Lot
  • Garden

Home Design

  • Log Cabin

Interior Spaces

  • 1,836 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Wood Burning Stove
  • Living Room with Fireplace
  • Storage
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Attached Carport

Schools

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

Utilities

  • Heat Pump System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$717

Year Built

Built in 1981

Lot Details

1.83 Acres

Listing Details

  • Interior Features: Cathedral Ceiling, Storage
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Garden Space
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1836.00
  • Fireplace Number Fireplaces: 1
  • LaundryLaundryEntryLevel: 1
  • LaundryLaundryOtherLevel: 1
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 1836
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1836.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well

Green Features

  • Energy Features: Wood Stove

Lot Info

  • Lot Description: Cleared, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.83

Building Info

  • Year Built: 1981

Tax Info

  • Taxes (6 mo): 717.36

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
May 30, 2023
Closed on
Nov 14, 2023
Sold by
Bought by
Seller's Agent
Cheyne Pizzino
WAINWRIGHT & CO., REALTORS(r)
Buyer's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
List Price
$200,000
Sold Price
$210,500
Premium/Discount to List
$10,500
5.25%
Views
430
Current Estimated Value
$276,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,289
Avg. Annual Appreciation
10.88%
Original Mortgage
$210,500
Interest Rate
0.0749%
Mortgage Type
VA
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

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
$210,500 Investors Title
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
Open $260,000
Closed $15,000
Closed $225,000
Closed $210,500
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
11/17/2023 11/17/23 Sold $210,500 +5.3% $115 / Sq Ft
10/06/2023 10/06/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $200,000 -- $109 / 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 $796 $185,200 $20,000 $165,200
2024 $796 $185,200 $20,000 $165,200
2023 $717 $117,600 $13,000 $104,600
2022 $717 $117,600 $13,000 $104,600
2021 $717 $117,600 $13,000 $104,600
2020 $717 $117,600 $13,000 $104,600
2019 $651 $106,800 $13,000 $93,800
2018 $651 $106,800 $13,000 $93,800
2017 $587 $107,700 $13,000 $94,700
2016 $587 $107,700 $13,000 $94,700
2015 $582 $107,700 $13,000 $94,700
2014 $582 $107,700 $13,000 $94,700
2013 $582 $107,700 $13,000 $94,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Cheyne Pizzino

    WAINWRIGHT & CO., REALTORS(r)

    (540) 588-4520

    31 Total Sales

    Cheyne Pizzino
    Section Image

  • T

    Seller Co-Listing Agent in 2023

    Tabitha Wade

    WAINWRIGHT & CO., REALTORS(r)

    (360) 981-0089

    2 Total Sales

    Tabitha Wade
    Section Image
  • Billy Kingery

    Buyer's Agent in 2023

    Billy Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 420-2030

    375 Total Sales

    Billy Kingery
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 898640

Roanoke Valley Association of REALTORS®

APN: 0920001301

Virginia Franklin County Ferrum 24088

84 Cotton Ln, Ferrum, VA

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
Your Personal Tour Guide

Ask me questions while you tour the home.