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1135 Otter Drive

1135 Otter Drive, Ferrum, VA 24088
House in Franklin
1135 Otter Drive in Ferrum, VA was first built in 1994 and is 32 years old. This has been categorized as a property type. For those interested in architecture, the building on the property was built in a . There are a total of 100 floors. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1135 Otter Drive has 384 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 523,112 square feet.

Learn more about the property and building on this page. There is a . The home has a style roof made of . Water for the property is sourced from system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. The condition of the building has been evaluated as . The exterior walls of the home are made of . While the interior walls are made of . Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing and being fueled with . We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1135 Otter Drive sold most recently in May 1, 2023 for a total of $120,000. If you work out the math, that's approximately a cost of $312.50 per sqft. Before that, the property was also sold for $90,000 in Sep 30, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $27,634 in taxes each year. 1135 Otter Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $45,300. If we break it down further, the land itself was valued at $34,800. Improvements to the property, however, were assessed at a total of $10,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Wood Exterior

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230405
04/05/2023
1 Bed
1 Bath
384 ft²
$119,500
bedrooms
1 Bed
bathrooms
1 Bath
square feet
384 ft²
-
-
TIM TOOHIG
RE/MAX ALL POINTS
20200508
05/08/2020
2 Bed
1 Bath
384 ft²
$94,500
bedrooms
2 Bed
bathrooms
1 Bath
square feet
384 ft²
-
-
-
20170731
07/31/2017
1 Bed
1 Bath
384 ft²
-
bedrooms
1 Bed
bathrooms
1 Bath
square feet
384 ft²
-
-
-


Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 523,112
  • Total Building Area: 384
  • Building Area: 384
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 384
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OTTER CREEK FARM
  • Land Acres: 0000012009
  • Standard Land Use Code: 1006
  • County Land Use Code: 21
  • Mobile Home Indicator: T
  • Legal Description 1: OTTER CREEK FARM TRACT 26 SEC 2

Neighborhood

  • School District Name: Franklin County Public Schools
  • Census Tract: 020701

Zoning

  • Zoning: NZ

Geography

  • Section: 2
  • Subdivision Phase Number: 26
  • Subdivision Tract Number: 26
  • Parcel: 099 00-018 17
  • Municipality: BLUE RIDGE
  • Latitude: 36.8734
  • Longitude: -80.1058

    Address

  • Full Address: 1135 Otter Dr
  • Address - House Number: 1135
  • Address - Street Name: Otter
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Ferrum
  • Zip Code: 24088

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $27,634
  • Initial Tax Delinquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 103,673
  • High Value: 131,590
  • Low Value: 75,757

    Market Valuation

  • Market Total Value: $45,300
  • Market Land Value: $34,800
  • Market Improvement Value: $10,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,300
  • Assessed Land Value: $34,800
  • Assessed Improvements Value: $10,500

    Sales

  • Current Sale Contract Date: May 01, 2023
  • Current Sale Recording Date: May 01, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2329
  • Previous Sale Recording Date: Oct 01, 2020
  • Previous Sale Contract Date: Sep 30, 2020
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Franklin



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Frequently Asked Questions

What neighborhood is 1135 Otter Drive located in?
The 1135 Otter Drive is a house located in the neighborhood of Franklin in Franklin, Ferrum.
What is the average sales price for listings in 1135 Otter Drive?
The average sales price for units in 1135 Otter Drive is $0 currently.