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355 Dusty Hill Drive

355 Dusty Hill Drive, Ferrum, VA 24088
Property in Franklin
Sold Nov 20, 2019
$257,000
$259,595 by Alcova Mortgage Llc
Mortgage Due Dec 01, 2049
Sold Dec 02, 2016
$243,000
$218,700 by Jg Wentworth Home Lending Llc
Mortgage Due Dec 01, 2036
355 Dusty Hill Drive in Ferrum, VA was first built in 2004 and is 20 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 355 Dusty Hill Drive has 2,595 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 basement is 1,200 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 286,886 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. Water for the property is sourced from a well 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 average. The exterior walls of the home are made of alum/vinyl siding. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 355 Dusty Hill Drive was last sold in Oct 10, 2019 for $257,000. According to our calculations, that's $99.04 per sqft. Prior to that sales transaction, the property was sold for $243,000 in Nov 14, 2016. Current property owners are expected to pay $1,365 in taxes per year. The property on 355 Dusty Hill Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $223,800. To break that down further, the land itself was valued at $39,800. While improvements to the property were assessed at a total of $184,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,200
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 286,886
  • Total Building Area: 2,595
  • Building Area: 2,595
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,595
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 6.586
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: RT 752 TRACT B

Ownership

  • Current Owner : BAKER DERRICK SHANE
  • Current Owner 2: MYERS CHERYL NASH
  • Previous Owner : SNAPP RAYMOND K
  • Previous Owner 2: HARPER MARGARET LEANNE
  • Owner Before Previous Owner: HEBERT TED
  • Owner Before Previous Owner 2: HEBERT CARRIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin County Public Schools
  • Census Tract: 020600

Zoning

  • Zoning: NZ

Geography

  • Subdivision Phase Number: B
  • Subdivision Tract Number: B
  • Parcel: 074 00-088 03A
  • Municipality: BLUE RIDGE
  • Latitude: 36.9531
  • Longitude: -80.0436

    Address

  • Full Address: 355 Dusty Hill Dr
  • Address - House Number: 355
  • Address - Street Name: Dusty Hill
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Ferrum
  • Carrier Code: R002
  • 4-Digit Zip Code: 2794
  • Zip Code: 24088

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,365

    Appraisal Valuation

  • Standard Deviation: 0.2037
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 374,363
  • High Value: 450,651
  • Low Value: 298,075

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $259,595
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 20, 2019
  • First Open Lien Mortgage Loan Amount: $259,595
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $223,800
  • Market Land Value: $39,800
  • Market Improvement Value: $184,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,800
  • Assessed Land Value: $39,800
  • Assessed Improvements Value: $184,000

    Sales

  • Current Sale Contract Date: Oct 10, 2019
  • Current Sale Recording Date: Nov 20, 2019
  • Current Sale Transaction ID: 11704687543
  • Current Sale Price: $257,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 190007555
  • Previous Sale Recording Date: Dec 02, 2016
  • Previous Sale Contract Date: Nov 14, 2016
  • Previous Sale Amount: $243,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 20, 2019
  • First Mortgage Loan Amount: $259,595
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: JG WENTWORTH HOME LENDING LLC
  • Previous Mortgage Transaction Date: Dec 02, 2016
  • Previous Mortgage Loan Amount: $218,700
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Dec 01, 2036

About Franklin



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Frequently Asked Questions

What neighborhood is 355 Dusty Hill Drive located in?
The 355 Dusty Hill Drive is a located in the neighborhood of Franklin in Franklin, Ferrum.
What is the average sales price for listings in 355 Dusty Hill Drive?
The average sales price for units in 355 Dusty Hill Drive is $0 currently.

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