121 South Main Street

121 South Main Street in Franklin, VA was first built in 1900 and is 124 years old. This has been categorized as a commercial property type. It is a single story home. There are 2 partial bathrooms. 121 South Main Street has 6,035 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. The linear feet across the front of the lot is 730 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 8,015 square feet.

Learn more about the property and building on this page. There is a porch. The home has a flat style roof made of metal. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a no garage. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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 air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. 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, 121 South Main Street sold most recently in Aug 18, 2016 for a total of $2,000,000. If you work out the math, that's approximately a cost of $331.40 per sqft. 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 $2,814 in taxes each year. 121 South Main Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $221,600. If we break it down further, the land itself was valued at $53,000. Improvements to the property, however, were assessed at a total of $168,600. 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.