NOT LISTED FOR SALE

85 Old Ferrum Rd Ferrum, VA 24088

Estimated Value: $165,000 - $212,000

4 Beds
1 Bath
1,532 Sq Ft
$125/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $103,000 $67 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,033/month

116 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Shed
  • No HOA
  • Breakfast Area or Nook
  • Garden

About This Home

As of October 2019

Totally renovated! New kitchen, new bathroom, new heat pump, new water heater, new frontand rear porches, new wiring, new plumbing, new carpet and vinyl flooring, refinished hardwood floors, replacement windows, outside storage building. Walking distance to Ferrum College! This one won't last long!

Last Agent to Sell the Property

Kit Hale

MKB, REALTORS(r) License #0225015395 Listed on: 05/03/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $401

Year Built

  • Built in 1935

Lot Details

  • 1.19 Acre Lot
  • Gentle Sloping Lot
  • Garden

Interior Spaces

  • 1,532 Sq Ft Home
  • 1.5-Story Property
  • Bookcases
  • Basement
  • Dirt Floor
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer

Parking

  • 6 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$401

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Breakfast Area
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Dirt - Partial
  • Major Appliances: Clothes Dryer, Dishwasher, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Garden Space, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 1092.00
  • ExteriorDoors: Insulated Storm
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 1532
  • TotalBdrm: 4
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1532.00
  • UncoveredNumberSpaces: 6.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 440.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Community System
  • Water Heater Type: Tank

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.19

Building Info

  • Year Built: 1935

Tax Info

  • Taxes (6 mo): 401.00

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
May 3, 2019
Closed on
Sep 24, 2019
Sold by
Renovation Alliance
Bought by
Storm Dalton Tyler
Seller's Agent
Kit Hale
MKB, REALTORS(r)
List Price
$105,000
Sold Price
$103,000
Premium/Discount to List
-$2,000
-1.9%
Current Estimated Value
$191,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,094
Avg. Annual Appreciation
10.43%
Original Mortgage
$104,040
Outstanding Balance
$90,741
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$100,353

Purchase Details

Closed on
Jan 26, 2016
Sold by
Sink John M
Bought by
Renovation Alliance

Purchase Details

Closed on
Jun 8, 2007
Sold by
Sink John Michael and Sink Kendra Jane
Bought by
Franklin Country

Purchase Details

Closed on
May 17, 2006
Sold by
Planters Ban And Trust Co Of Virginia
Bought by
Sink John M and Sink Kendra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,500
Interest Rate
6.62%
Mortgage Type
USDA
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
Storm Dalton Tyler $103,000 Fidelity National Ttl Ins Co
Renovation Alliance $17,610 None Available
Franklin Country -- --
Sink John M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storm Dalton Tyler $104,040
Previous Owner Sink John M $74,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $103,000 -1.9% $67 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $105,000 -- $69 / 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 $420 $97,600 $25,600 $72,000
2024 $420 $97,600 $25,600 $72,000
2023 $439 $71,900 $20,600 $51,300
2022 $439 $71,900 $20,600 $51,300
2021 $439 $71,900 $20,600 $51,300
2020 $439 $71,900 $20,600 $51,300
2019 $401 $65,700 $20,600 $45,100
2018 $401 $65,700 $20,600 $45,100
2017 $361 $61,200 $23,700 $37,500
2016 $361 $61,200 $23,700 $37,500
2015 $330 $61,200 $23,700 $37,500
2014 $330 $61,200 $23,700 $37,500
2013 $330 $61,200 $23,700 $37,500
Source: Public Records

Agents Affiliated with this Home

  • Kit Hale

    Seller's Agent in 2019

    Kit Hale

    MKB, REALTORS(r)

    (800) 879-6527

    31 Total Sales

    Kit Hale
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 858741

Roanoke Valley Association of REALTORS®

APN: 4010000600

Virginia Franklin County Ferrum 24088

85 Old Ferrum Rd, Ferrum, VA

Not Listed for Sale

Detached

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