NOT LISTED FOR SALE

860 Beech Mountain Rd Ferrum, VA 24088

Estimated Value: $369,462 - $459,000

4 Beds
3 Baths
2,692 Sq Ft
$159/Sq Ft Est. Value

Last Sold June 21, 2016

Last sale price $225,000 $84 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,347/month

58 Days on Market

Highlights

  • Horses Allowed On Property
  • Stream or River on Lot
  • No HOA
  • Deck
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of June 2016

WOW! Big secluded ranch home on 12.65 acres!! Home has 4 BR's and 3 full baths, full walkout finished basement with a large 2 car garage. Large kitchen has tons of cabinets and countertops. Bedrooms have walk in closets, 10 ft. basement ceilings huge deck and covered front porch. The land has trails and a stream which is great for hunting, hiking, or 4 wheeling.

Last Agent to Sell the Property

Bill Kern

MKB, REALTORS(r) License #0225074357 Listed on: 03/07/2016

Last Buyer's Agent

Karin Colozza

MKB, REALTORS(r) License #0225182848

MKB, REALTORS(r)

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,213

Year Built

  • Built in 2003

Lot Details

  • 12.65 Acre Lot
  • Fenced Yard
  • Garden

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Ranch Style House

Interior Spaces

  • Bookcases
  • Ceiling Fan
  • Insulated Doors
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Basement

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

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Tuck Under Garage
  • Garage Door Opener

Outdoor Features

  • Stream or River on Lot
  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3,4,8

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,213

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Breakfast Area, Ceiling Fan, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Garage Door Opener, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Fenced Yard, Garden Space, Storage Shed
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1689.00
  • ExteriorDoors: Insulated, Metal
  • FullBathsFullBathsLowerLvl: 1
  • Internet Access: DSL
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 1003.00
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • SubdivisionMap: Sprg Mountain Farm
  • Total Above Grd Fin S Q F T: 1689
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2692.00
  • UncoveredNumberSpaces: 4.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic - 3BR
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Horses Permitted, Maint-Free Exterior, Stream

Lot Info

  • Lot Description: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 12.65
  • Lot: 3,4,8

Building Info

  • Year Built: 2003

Tax Info

  • Taxes (6 mo): 1213.00

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
Mar 7, 2016
Closed on
Jun 16, 2016
Sold by
Cypher Jared R and Cypher Heather E
Bought by
Accardo Salvador A and Accardo Lorene F
Seller's Agent
Bill Kern
MKB, REALTORS(r)
Buyer's Agent
Karin Colozza
MKB, REALTORS(r)
List Price
$229,900
Sold Price
$225,000
Premium/Discount to List
-$4,900
-2.13%
Current Estimated Value
$427,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,616
Avg. Annual Appreciation
6.96%
Original Mortgage
$213,750
Outstanding Balance
$131,969
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$295,647

Purchase Details

Closed on
Aug 25, 2009
Sold by
Evans Ronald C
Bought by
Cypher Jared R and Cypher Heather Evans

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.17%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Accardo Salvador A $225,000 None Available
Cypher Jared R $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Accardo Salvador A $213,750
Previous Owner Cypher Jared R $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2016 06/21/16 Sold $225,000 -2.1% $84 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $229,900 -- $85 / 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 $1,354 $314,900 $36,600 $278,300
2024 $1,354 $314,900 $36,600 $278,300
2023 $1,201 $196,900 $29,600 $167,300
2022 $1,201 $196,900 $29,600 $167,300
2021 $1,201 $196,900 $29,600 $167,300
2020 $1,201 $196,900 $29,600 $167,300
2019 $1,111 $182,100 $29,600 $152,500
2018 $1,111 $182,100 $29,600 $152,500
2017 $1,002 $165,500 $29,600 $135,900
2016 $1,002 $165,500 $29,600 $135,900
2015 $894 $165,500 $29,600 $135,900
2014 $894 $165,500 $29,600 $135,900
2013 $894 $165,500 $29,600 $135,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 823623

Roanoke Valley Association of REALTORS®

APN: 0920002005