NOT LISTED FOR SALE

90 Ferrum Forest Ln Ferrum, VA 24088

Estimated Value: $230,000 - $314,000

3 Beds
1.5 Baths
1,746 Sq Ft
$162/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2021

Last sale price $229,500 $131 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,557 / mo

69 Days on Market

Highlights

  • 9.68 Acre Lot
  • No HOA
  • Central Air
  • 1 Fireplace
  • Fenced Yard
  • Ceiling Fan

About This Home

As of November 2021

Well Built Mountain home and small farm on 9.68 Acres, features a wood and glass greenhouse, fenced garden with irrigated, raised beds, bee hives, and chicken yard. Property also includes a full orchard, (Apple, peach, plum, cherry, pear, persimmon) grape arbor, and berry bushes. (blueberry, raspberry, blackberry, strawberry) Property has a large storage barn with 4 rooms and 2 covered lean-tos. Land is mostly mature hardwoods with a full canopy and flat plateau through the center plus 2 year round creeks. Entire 9.68 acres has been cleaned of underbrush and has a ''Park-Like'' feel. There is also an 8 x 10 stone lined pond with waterfall in the side yard with many rare conifers. The interior of the house is dated, but in excellent condition. All appliances are 2019 Samsung. New Hot water.

Last Agent to Sell the Property

Ralph Harvey

LISTWITHFREEDOM.COM INC Brokerage Phone: 855-456-4945 License #0225244047 Listed on: 06/30/2021

Last Buyer's Agent

Tim Wright

REAL BROKER LLC - DGA-SALEM License #0225157765

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $723

Year Built

  • Built in 1978

Lot Details

  • 9.68 Acre Lot
  • Fenced Yard

Home Design

  • Split Level Home
  • Stucco

Interior Spaces

  • 1,746 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Basement

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

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$723

Year Built

Built in 1978

Lot Details

9.68 Acres

Listing Details

  • Interior Features: Ceiling Fan, Other - See Remarks
  • Heating System: Heat Pump Electric
  • Fireplace(s): Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Other - See Remarks, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Fenced Yard, Other - See Remarks
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • CondoAssocYN: No
  • Fireplace Number Fireplaces: 1
  • HalfBathsHalfBathsUpperLvl: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 3 Lvl Split
  • Total Above Grd Fin S Q F T: 1746
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1746.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 1746.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Other, see Remarks

Lot Info

  • Lot Description: Other - See Remarks
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 9.68
  • Lot: 8

Building Info

  • Year Built: 1978

Tax Info

  • Taxes (6 mo): 723.00

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
Jun 30, 2021
Closed on
Oct 20, 2021
Sold by
Olsen Joan T
Bought by
Reynolds Jack Patrick and Stone Latoya Annette
Seller's Agent
Ralph Harvey
LISTWITHFREEDOM.COM INC
Buyer's Agent
Tim Wright
REAL BROKER LLC - DGA-SALEM
List Price
$229,500
Sold Price
$229,500
Current Estimated Value
$283,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,766
Avg. Annual Appreciation
4.83%
Original Mortgage
$225,342
Outstanding Balance
$205,044
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$78,222

Purchase Details

Listed on
Aug 22, 2018
Closed on
Nov 14, 2019
Sold by
Najari Mike Mehdi and Ravita David
Bought by
Olsen Joan T
Seller's Agent
Bob Parcell
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Angie McGhee
MKB, REALTORS(r) - FRANKLIN CO
List Price
$119,500
Sold Price
$108,000
Premium/Discount to List
-$11,500
-9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.90%
Original Mortgage
$86,400
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2007
Sold by
Najari Lovell Ann and Ravita Lovell Ann
Bought by
Najari Lovell Ann
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
Reynolds Jack Patrick $229,500 American Ttl & Stlmt Agcy L
Olsen Joan T $108,000 First American Title Ins Co
Najari Lovell Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Jack Patrick $225,342
Previous Owner Olsen Joan T $86,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2021 11/01/21 Sold $229,500 0.0% $131 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $229,500 +112.5% $131 / Sq Ft
11/15/2019 11/15/19 Sold $108,000 -9.6% $62 / Sq Ft View Prior Sale
10/18/2019 10/18/19 Pending -- -- --
08/22/2018 08/22/18 For Sale $119,500 -- $68 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $790 $183,800 $39,400 $144,400
2024 $790 $183,800 $39,400 $144,400
2023 $723 $118,600 $32,400 $86,200
2022 $723 $118,600 $32,400 $86,200
2021 $723 $118,600 $32,400 $86,200
2020 $723 $118,600 $32,400 $86,200
2019 $664 $108,900 $32,400 $76,500
2018 $664 $108,900 $32,400 $76,500
2017 $599 $122,900 $46,000 $76,900
2016 $599 $122,900 $46,000 $76,900
2015 -- $122,900 $46,000 $76,900
2014 -- $122,900 $46,000 $76,900
2013 -- $122,900 $46,000 $76,900
Source: Public Records

Agents Affiliated with this Home

  • Ralph Harvey

    Seller's Agent in 2021

    Ralph Harvey

    LISTWITHFREEDOM.COM INC

    (855) 456-4945

    2 in this area

    10,342 Total Sales

    Ralph Harvey
    Section Image

  • T

    Buyer's Agent in 2021

    Tim Wright

    REAL BROKER LLC - DGA-SALEM

    (540) 397-0377

    1 in this area

    31 Total Sales

    Tim Wright
    Section Image
  • Bob Parcell

    Seller's Agent in 2019

    Bob Parcell

    MOUNTAIN TO LAKE REALTY

    (540) 483-5566

    4 in this area

    196 Total Sales

    Bob Parcell
    Section Image
  • Angie McGhee

    Buyer's Agent in 2019

    Angie McGhee

    MKB, REALTORS(r) - FRANKLIN CO

    (540) 537-5918

    8 in this area

    572 Total Sales

    Angie McGhee
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 881455

Roanoke Valley Association of REALTORS®

APN: 0800001200

Virginia Franklin County Ferrum 24088

90 Ferrum Forest 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.

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