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407 North High Street

407 North High Street, Franklin, VA 23851
Property in Franklin
Sold Jul 28, 2014
$165,900
$157,605 by Monarch Bank
Mortgage
Sold Jul 03, 2007
$192,000
$72,000 by Bank Of America Na
Mortgage
Local assessors in Franklin, VA have categorized 407 North High Street as a residential type of property. The home was built in 1912 and is 112 years old. The property's lot size has been calculated to be 12,415 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 620 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 407 North High Street has a total of 3,043 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete control joints. The building has a gable style roof that was made of slate. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of block. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 407 North High Street sold most recently in Jan 1, 1970 for a total of $165,900. If you work out the math, that's approximately a cost of $54.52 per sqft. Before that, the property was also sold for $192,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,145 in taxes each year. 407 North High Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $208,300. If we break it down further, the land itself was valued at $21,800. Improvements to the property, however, were assessed at a total of $186,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Concrete
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Block
  • Roof Shape Type: Gable
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 860
  • Parking Type: Offsite
  • Garage Type: None
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 12,415
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 620
  • Total Building Area: 3,043
  • Building Area: 3,043
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 3,043
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.285
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT HIGH ST 106-(048)-BLK 4-14

Ownership

  • Current Owner : DEEN CRAIG A
  • Previous Owner : FRESEN OLIVER F
  • Owner Before Previous Owner: GRISWOLD RICHARD E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin City Public Schools
  • Census Tract: 090100

Zoning

  • Zoning: R2

Geography

  • Account Number: 1070
  • Parcel: 106 048 4 14
  • Block: 4-14
  • Municipality: FRANKLIN DISTRICT
  • Latitude: 36.6783
  • Longitude: -76.9268

    Address

  • Full Address: 407 N High St
  • Address - House Number: 407
  • Street Direction: N
  • Address - Street Name: High
  • Address - Suffix Type: St
  • State: VA
  • City Name: Franklin
  • Carrier Code: C001
  • 4-Digit Zip Code: 1419
  • Zip Code: 23851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,145

    Appraisal Valuation

  • Standard Deviation: 0.2649
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 62
  • Final Value: 312,096
  • High Value: 394,786
  • Low Value: 229,407

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,605
  • First Open Lien Mortgage Lender: MONARCH BANK
  • First Open Lien Mortgage Recording Date: Jul 28, 2014
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $157,605
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $208,300
  • Market Land Value: $21,800
  • Market Improvement Value: $186,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,300
  • Assessed Land Value: $21,800
  • Assessed Improvements Value: $186,500

    Sales

  • Current Sale Recording Date: Jul 28, 2014
  • Current Sale Transaction ID: 1001725490
  • Current Sale Price: $165,900
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 03, 2007
  • Previous Sale Amount: $192,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MONARCH BANK
  • First Mortgage Transaction Date: Jul 28, 2014
  • First Mortgage Loan Amount: $157,605
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jul 03, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $72,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Franklin



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Frequently Asked Questions

What neighborhood is 407 North High Street located in?
The 407 North High Street is a located in the neighborhood of Franklin in Franklin, Franklin.
What is the average sales price for listings in 407 North High Street?
The average sales price for units in 407 North High Street is $0 currently.

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