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711 Skillet Road

711 Skillet Road, Ferrum, VA 24088
Property in Franklin
Sold Jun 24, 2020
$227,300
$223,182 by Renasant Bank
Mortgage Due Jul 01, 2050
Sold Nov 05, 2013
$155,000
711 Skillet Road in Ferrum, VA was first built in 1972 and is 52 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 711 Skillet Road has 1,475 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 1,881 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 117,612 square feet.

Learn more about the property and building on this page. There is a porch and a patio. 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. For those who need parking, there is a mixed used garage. The garage is 720 sqft. There are a total of 4 available parking spaces. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 711 Skillet Road was last sold in May 27, 2020 for $227,300. According to our calculations, that's $154.10 per sqft. Prior to that sales transaction, the property was sold for $155,000 in Nov 5, 2013. Current property owners are expected to pay $1,191 in taxes per year. The property on 711 Skillet Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $195,200. To break that down further, the land itself was valued at $29,000. While improvements to the property were assessed at a total of $166,200. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1972
  • Effective Year Built: 1972
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: Finished improved basement
  • Basement Area: 1,881
  • Parking Type: Offsite
  • Garage Type: Mixed use
  • Garage Square Area: 720
  • Parking Space Count: 4
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 117,612
  • Total Building Area: 1,475
  • Building Area: 1,475
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,475
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 2.7
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: RT 757

Ownership

  • Current Owner : POLICE III CHARLES J
  • Previous Owner : FERGUSON JACKIE C
  • Previous Owner 2: FERGUSON JUANITA S
  • Owner Before Previous Owner: RAKESTRAW DEBRA GAIL
  • Owner Before Previous Owner 2: PERDUE CAROLYN MARIE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: NZ

Geography

  • Parcel: 081 00-164 00
  • Municipality: BLUE RIDGE
  • Latitude: 36.9321
  • Longitude: -79.9708

    Address

  • Full Address: 711 Skillet Rd
  • Address - House Number: 711
  • Address - Street Name: Skillet
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Ferrum
  • Carrier Code: R001
  • 4-Digit Zip Code: 4372
  • Zip Code: 24088

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,191

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 333,453
  • High Value: 408,588
  • Low Value: 258,318

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $223,182
  • First Open Lien Mortgage Lender: RENASANT BANK
  • First Open Lien Mortgage Recording Date: Jun 24, 2020
  • First Open Lien Mortgage Loan Amount: $223,182
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $195,200
  • Market Land Value: $29,000
  • Market Improvement Value: $166,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,200
  • Assessed Land Value: $29,000
  • Assessed Improvements Value: $166,200

    Sales

  • Current Sale Contract Date: May 27, 2020
  • Current Sale Recording Date: Jun 24, 2020
  • Current Sale Transaction ID: 11770795502
  • Current Sale Price: $227,300
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200004246
  • Previous Sale Recording Date: Nov 05, 2013
  • Previous Sale Contract Date: Nov 05, 2013
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RENASANT BANK
  • First Mortgage Transaction Date: Jun 24, 2020
  • First Mortgage Loan Amount: $223,182
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2050

About Franklin



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Frequently Asked Questions

What neighborhood is 711 Skillet Road located in?
The 711 Skillet Road is a located in the neighborhood of Franklin in Franklin, Ferrum.
What is the average sales price for listings in 711 Skillet Road?
The average sales price for units in 711 Skillet Road is $0 currently.

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