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800 Hiawatha Drive

800 Hiawatha Drive, Ferrum, VA 24088
House in Franklin
Sold Jun 17, 2021
$170,000
$427,500 by Loandepot.com, Llc
Mortgage Due Nov 01, 2053
Local assessors in Ferrum, VA have categorized 800 Hiawatha Drive as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 3,527,924 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 3 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 800 Hiawatha Drive has a total of 1,344 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,344 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable style roof that was made of composition shingle. Lots of log were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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 gas. 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, 800 Hiawatha Drive sold most recently in Jun 15, 2021 for a total of $170,000. If you work out the math, that's approximately a cost of $126.49 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 $171 in taxes each year. 800 Hiawatha Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $324,500. If we break it down further, the land itself was valued at $131,000. Improvements to the property, however, were assessed at a total of $193,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Log Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Exterior Walls Type: Log
  • 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: 1,344
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 3,527,924
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,344
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: OTTER CREEK FARM
  • Land Acres: 80.99
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: NEW TRACT 6

Ownership

  • Current Owner : GARDNER DAVID T
  • Previous Owner : HACKNEY LINDA S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: NZ

Geography

  • Subdivision Phase Number: 6
  • Subdivision Tract Number: 6
  • Parcel: 098 00-076 02
  • Municipality: BLUE RIDGE
  • Latitude: 36.8851
  • Longitude: -80.1145

    Address

  • Full Address: 800 Hiawatha Dr
  • Address - House Number: 800
  • Address - Street Name: Hiawatha
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Ferrum
  • Carrier Code: R002
  • 4-Digit Zip Code: 2602
  • Zip Code: 24088

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $171

    Appraisal Valuation

  • Standard Deviation: 0.2037
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 451,364
  • High Value: 543,343
  • Low Value: 359,384

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $427,500
  • First Open Lien Mortgage Lender: LOANDEPOT.COM, LLC
  • First Open Lien Mortgage Recording Date: Oct 10, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $427,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $324,500
  • Market Land Value: $131,000
  • Market Improvement Value: $193,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $324,500
  • Assessed Land Value: $131,000
  • Assessed Improvements Value: $193,500

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Transaction ID: 11840813507
  • Current Sale Price: $170,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 210005755

About Franklin



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Frequently Asked Questions

What neighborhood is 800 Hiawatha Drive located in?
The 800 Hiawatha Drive is a house located in the neighborhood of Franklin in Franklin, Ferrum.
What is the average sales price for listings in 800 Hiawatha Drive?
The average sales price for units in 800 Hiawatha Drive is $0 currently.

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