NOT LISTED FOR SALE

85 Old Ferrum Rd Ferrum, VA 24088

Ferrum Area

Estimated Value: $159,000 - $205,753

4 Beds
1 Bath
1,532 Sq Ft
$122/Sq Ft Est. Value

Sale Details

Date Sold: October 11, 2019

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

Est. 82% increase in value since last sale

Current estimated payment $1,068 / mo

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

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

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

1.19 Acres

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

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 3, 2019
Closed on
Sep 24, 2019
Sold by
Bought by
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
$187,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,438
Avg. Annual Appreciation
9.19%
Original Mortgage
$104,040
Outstanding Balance
$89,104
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$98,334

Purchase Details

Closed on
Jan 26, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 8, 2007
Sold by
Bought by

Purchase Details

Closed on
May 17, 2006
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
$74,500
Interest Rate
6.62%
Mortgage Type
USDA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ferrum, VA

  • Rick Smith Real Estate Agent - MKB, REALTORS(r) - AT THE LAKE

    Rick Smith

    MKB, REALTORS(r) - AT THE LAKE

    (540) 590-5755

    75 Total Sales

    2 in Ferrum

    $24K - $169K Price Range

    Rick Smith
     Section Image
  • Christopher Kidd Carter Real Estate Agent - LONG & FOSTER - ROANOKE OFFICE

    Christopher Kidd Carter

    LONG & FOSTER - ROANOKE OFFICE

    (540) 900-1911

    158 Total Sales

    1 in Ferrum

    $350,000 Price

    Christopher Kidd Carter
     Section Image
  • Billy Kingery Real Estate Agent - MOUNTAIN TO LAKE REALTY

    Billy Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 590-5830

    375 Total Sales

    7 in Ferrum

    $30K - $390K Price Range

    Billy Kingery
     Section Image
  • Lucinda Scruggs Real Estate Agent - QUALITY REALTY

    Lucinda Scruggs

    QUALITY REALTY

    (540) 401-5951

    125 Total Sales

    2 in Ferrum

    $265K - $275K Price Range

    Lucinda Scruggs
     Section Image
  • Rich Northrup Real Estate Agent - Wainwright & Co., Realtors

    Rich Northrup

    Wainwright & Co., Realtors

    (585) 565-6316

    28 Total Sales

    1 in Ferrum

    $204,900 Price

    Rich Northrup
     Section Image
  • Brenda Bratt Real Estate Agent - WAINWRIGHT & CO., REALTORS(r)- LAKE

    Brenda Bratt

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 590-5011

    231 Total Sales

    3 in Ferrum

    $265K - $430K Price Range

    Brenda Bratt
     Section Image
See All Agents

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
$103,000 Fidelity National Ttl Ins Co
$17,610 None Available
-- --
-- --
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 $104,040
Previous Owner $74,500
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
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

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 $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 Real Estate Agent - MKB, REALTORS(r)

    Seller's Agent in 2019

    Kit Hale

    MKB, REALTORS(r)

    (800) 879-6527

    31 Total Sales

    Kit Hale
    Section Image
See All Agents

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

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.