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5500 Haw Patch Road

5500 Haw Patch Road, Ferrum, VA 24088
Property in Franklin
Sold May 04, 2016
$187,500
$169,700 by Newrez Llc
Mortgage Due Jun 01, 2046
Sold Jan 03, 2011
$153,000
$149,121 by Branch Banking And Trust Co
Mortgage Due Jan 01, 2026
5500 Haw Patch Road has been categorized by the local assessors in Ferrum, VA as a residential type of property. The building on the property was first built in 1975 and is 49 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5500 Haw Patch Road has 1,834 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 369,389 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 1,120 sqft. According to our sources, there are a total of 6 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Apr 9, 2016 for $187,500. That's $102.24 per sqft. Prior to that sales transaction, the property was also sold in Dec 27, 2010 for $153,000. 5500 Haw Patch Road was last assessed in 2023. The total value of the property was assessed at $159,600. Specifically, the land the property is located on was valued at $29,200. While improvements on the property were assessed at a total of $130,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $974. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 917
  • Garage Type: Mixed use
  • Garage Square Area: 1,120
  • Parking Space Count: 6
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 369,389
  • Total Building Area: 1,834
  • Building Area: 1,834
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,834
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 8.48
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: RT 606

Ownership

  • Current Owner : SIMMONS MATTHEW P
  • Current Owner 2: SIMMONS SARA N
  • Previous Owner : BRAXTON DAVID E
  • Previous Owner 2: BRAXTON SHERRI T
  • Owner Before Previous Owner: HORN GEOFFREY M
  • Owner Before Previous Owner 2: HORN MARCIA D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: NZ

Geography

  • Parcel: 092 00-040 01
  • Municipality: BLUE RIDGE
  • Latitude: 36.9068
  • Longitude: -79.9731

    Address

  • Full Address: 5500 Haw Patch Rd
  • Address - House Number: 5500
  • Address - Street Name: Haw Patch
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Ferrum
  • Carrier Code: R001
  • 4-Digit Zip Code: 4200
  • Zip Code: 24088

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $974

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 303,782
  • High Value: 372,231
  • Low Value: 235,332

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $169,700
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Jun 21, 2021
  • First Open Lien Mortgage Loan Amount: $169,700
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2046

    Market Valuation

  • Market Total Value: $159,600
  • Market Land Value: $29,200
  • Market Improvement Value: $130,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,600
  • Assessed Land Value: $29,200
  • Assessed Improvements Value: $130,400

    Sales

  • Current Sale Contract Date: Apr 09, 2016
  • Current Sale Recording Date: May 04, 2016
  • Current Sale Transaction ID: 1891597175
  • Current Sale Price: $187,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 160002493
  • Previous Sale Recording Date: Jan 03, 2011
  • Previous Sale Contract Date: Dec 27, 2010
  • Previous Sale Amount: $153,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORRIDOR MORTGAGE GROUP INC
  • First Mortgage Transaction Date: May 04, 2016
  • First Mortgage Loan Amount: $178,125
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Jan 03, 2011
  • Previous Mortgage Loan Amount: $149,121
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2026

About Franklin



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Frequently Asked Questions

What neighborhood is 5500 Haw Patch Road located in?
The 5500 Haw Patch Road is a located in the neighborhood of Franklin in Franklin, Ferrum.
What is the average sales price for listings in 5500 Haw Patch Road?
The average sales price for units in 5500 Haw Patch Road is $0 currently.

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