NOT LISTED FOR SALE

985 Hurds Branch Rd Ferrum, VA 24088

Estimated Value: $82,000

2.31 Acres
$35,498 Price per Acre
100,624 Sq Ft Lot

Last Sold May 13, 2024

Last sale price $65,000

Est. 26% increase in value since last sale

Current estimated payment $462/month

8 Days on Market

Highlights

  • Mountain View
  • Stream or River on Lot
  • Level Lot
  • Secluded Lot
  • No HOA

About This Lot

As of May 2024

Come enjoy the possibilities of this unique property. Perfect for a getaway to reconnect with nature or to turn into an off grid full time living cottage. Seller has already started the improvements with a new expanded deck and front door that leads right to the kitchen. Living area has been improved with new flooring, barn door, paint, and $4,000 in electrical upgrades. With creek access and privacy galore you will be relaxing in no time. Sold ''AS IS'' There is a 20' temporary easement through west boundary leading to adjacent tract for purposes of logging. Temporary easement in effect until Jan 2025. No running water to home currently. Buyer will need to dig own well.

Last Agent to Sell the Property

Jessica Perdue

MKB, REALTORS(r) License #0225237146 Listed on: 04/10/2024

MKB, REALTORS(r)

Last Buyer's Agent

Debra Deitrich

MKB, REALTORS(r) License #0225266840

MKB, REALTORS(r)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $200

Lot Details

  • 2.31 Acre Lot
  • Secluded Lot
  • Level Lot
  • Property is zoned NZ

Schools

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

Additional Features

  • Mountain Views
  • Mobile Home Allowed

Listing and Financial Details

  • Tax Lot A

Community Details

Overview

  • No Home Owners Association

Recreation

  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$200

Lot Details

0

Listing Details

  • Type: Land
  • Views: Mountain
  • CondoAssocYN: No
  • ElectricDescription: Above Ground
  • Land Sub Type: Undeveloped
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2024-04-18
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: Private Septic
  • Water Description: Other - See Remarks

Association/Amenities

  • Misc Features: Stream

Schools

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

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Gentle Slope, Level
  • Total Acreage: 2.31
  • Lot: A
  • Land Type: Land (Acreage)
  • ZoningCode: NZ

Tax Info

  • Taxes (6 mo): 200.00
  • FILLTAXID: 0980000401A

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 20, 2022
Closed on
Aug 2, 2022
Sold by
Clear Creek Land Holdings Llc
Bought by
Hennessy Joseph Anthony and Hennessy Jessica Marie
Seller's Agent
Levi Cox
UC/Blue Ridge Land & Auction
Buyer's Agent
Levi Cox
UC/Blue Ridge Land & Auction
List Price
$47,500
Sold Price
$47,500
Current Estimated Value
$82,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,500
Original Mortgage
$149,400
Outstanding Balance
$143,100
Interest Rate
5.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 14, 2021
Sold by
Bowling Hosea and Bowling Wesley
Bought by
Clear Creek Land Holdings Llc
Source: Public Records

Range of Values:

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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
Hennessy Joseph Anthony $47,500 Murrell Janet G
Hennessy Joseph Anthony $47,500 None Listed On Document
Clear Creek Land Holdings Llc $220,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Peterson Jeffrey K $0
Open Clear Creek Land Holdings Llc $149,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $65,000 -13.3% --
04/18/2024 04/18/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $75,000 +57.9% --
08/08/2022 08/08/22 Sold $47,500 0.0% $60 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $47,500 -- $60 / 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
2024 $176 $40,900 $40,900 $0
2023 $60 $40,900 $40,900 $0
2022 $225 $40,900 $40,900 $0
2021 $225 $60,100 $48,100 $12,000
2020 $225 $60,100 $48,100 $12,000
2019 $224 $59,900 $48,100 $11,800
2018 $224 $59,900 $48,100 $11,800
2017 $202 $63,600 $48,100 $15,500
2016 $202 $63,600 $48,100 $15,500
2015 $218 $63,600 $48,100 $15,500
2014 $218 $63,600 $48,100 $15,500
2013 $218 $63,600 $48,100 $15,500
Source: Public Records

Agents Affiliated with this Home

  • Jessica Perdue

    Seller's Agent in 2024

    Jessica Perdue

    MKB, REALTORS(r)

    (540) 238-1113

    86 Total Sales

    Jessica Perdue
    Section Image
  • Debra Deitrich

    Buyer's Agent in 2024

    Debra Deitrich

    MKB, REALTORS(r)

    (540) 520-7579

    13 Total Sales

    Debra Deitrich
    Section Image
  • Ginny Taylor

    Buyer Co-Listing Agent in 2024

    Ginny Taylor

    MKB, REALTORS(r)

    (540) 989-4555

    21 Total Sales

    Ginny Taylor
    Section Image
  • Levi Cox

    Seller's Agent in 2022

    Levi Cox

    UC/Blue Ridge Land & Auction

    (540) 230-7162

    433 Total Sales

    Levi Cox
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 906517

Roanoke Valley Association of REALTORS®

APN: 0980000400

Virginia Franklin County Ferrum 24088

985 Hurds Branch Rd, Ferrum, VA

This home is located at 985 Hurds Branch Rd, Ferrum, VA 24088 since 10 April 2024 and is currently estimated at $82,000. 985 Hurds Branch Rd is a home located in Franklin County with nearby schools including Ferrum Elementary School, Benjamin Franklin Middle School, and Franklin County High School.

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