2589 Old Ferrum Road

Closed 12/14/20
Closed 12/14/20
Old Ferrum Rd
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Last Sold Price
$113,400
3 beds2,436 sqft$47/sqft
2589 Old Ferrum Rd, Ferrum, VA 24088

Description

This cozy home located on Old Ferrum Road would make a great place for your college student! Located only a few minutes from Ferrum College, this home offers 3 bedrooms and 1.5 baths, along with a full walk-out basement and attached carport. Enjoy the proximity to the college as well as Rocky Mount and Smith Mountain Lake just up the road! Great opportunity for a first time home buyer, a rental investment or even somewhere to retire! Property would make a great fixer-upper. Located close to Ferrum...This cozy home located on Old Ferrum Road would make a great place for your college student! Located only a few minutes from Ferrum College, this home offers 3 bedrooms and 1.5 baths, along with a full walk-out basement and attached carport. Enjoy the proximity to the college as well as Rocky Mount and Smith Mountain Lake just up the road! Great opportunity for a first time home buyer, a rental investment or even somewhere to retire! Property would make a great fixer-upper. Located close to Ferrum VA, Rocky Mount VA, and Smith Mountain Lake, and only 45 minutes to Roanoke VA.
LISTING CLOSED: 12/14/2020 12:00 AM

  1. Listed by COLE HARRIS • U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD

Property Details for 2589 Old Ferrum Road

Status
Closed
MLS #
869208
Days on Market
107
Taxes
$640 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Single Family
MLS Type
Residential / Single Family Residence
Year Built
1987
Lot Size
2.06 AC / 89,733 SF
County
Franklin County
Architectural Style
1 Story, Ranch
Subdivision Name
NA
Covered Spaces
0.0

Recent comparable sales

Median sold price

$247,800

Avg days on market

25

Sale-to-list ratio

98.9%

Ferrum, VA

9 comparable properties found

a front view of a house with a garden
1/80
1

$270,000

Sold 08/08/25

3
Bedrooms
2,673
Square Feet
1.08
Acres

139 Owens Drive, Ferrum, VA 24088

$150,000 | 5991 Franklin Street, Ferrum, VA 24088
1/35
2

$150,000

Sold 03/05/26

3
Bedrooms
1,142
Square Feet
2.75
Acres

5991 Franklin Street, Ferrum, VA 24088

a front view of a house with a yard
1/28
3

$272,500

Sold 10/09/24

4
Bedrooms
2,160
Square Feet
0.96
Acres

4411 Waidsboro Road, Ferrum, VA 24088

4

$125,000

Sold 09/10/24

3
Bedrooms
1
Bathrooms
1,004
Square Feet
3
Acres

1310 Old Ferrum Road, Ferrum, VA 24088

a front view of a house with a yard
1/49
5

$300,000

Sold 05/30/25

4
Bedrooms
2,580
Square Feet
1.34
Acres

1225 Old Ferrum Road, Ferrum, VA 24088

$242,000 | 5609 Franklin Street, Ferrum, VA 24088
1/43
6

$242,000

Sold 08/13/26

3
Bedrooms
1,125
Square Feet
0.68
Acres

5609 Franklin Street, Ferrum, VA 24088

a view of a house with a yard
1/42
7

$230,000

Sold 04/02/26

3
Bedrooms
2,068
Square Feet
2.45
Acres

4160 Prillaman Switch Road, Ferrum, VA 24088

a front view of a house with a yard
1/21
8

$247,800

Sold 10/30/25

3
Bedrooms
2,016
Square Feet
1.5
Acres

6893 Franklin Street, Ferrum, VA 24088

$250,000 | 2728 Thompson Ridge Road, Ferrum, VA 24088
1/36
9

$250,000

Sold 12/30/25

3
Bedrooms
2,064
Square Feet
1.83
Acres

2728 Thompson Ridge Road, Ferrum, VA 24088

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Location

Listing Courtesy of U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD, COLE HARRIS

Sold By BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE, TIM MASSEY

Add your commute

Building Information for 2589 Old Ferrum Road

Stories-Year Built1987Building Size-Lot Size2.06 AC / 89,733 SF

Payment Calculator

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$630 per month

30 year fixed, 6.55% Interest

Principal and Interest

$576

Property Taxes

$53

HOA Dues

$0

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Property Information for 2589 Old Ferrum Road

Summary
Location and General Information
  • Directions: FROM ROCKY MOUNT, VA – Take VA-40 W for 5 miles, then turn right onto Old Forge Rd / Take a left onto Old Ferrum Rd, after 1.5 miles, property is on the right
  • MLS Area Major: 0400 - Franklin County
  • City: Ferrum
  • State Or Province: VA
  • Postal Code: 24088
  • County Or Parish: Franklin County
  • MLS Area Minor: 0400 - Franklin County
  • General Property Description - Water Class: N/A
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 0810000504A
  • Tax Block: 0
  • Tax Lot: 0
  • Tax Tract Or Section: 0
  • Tax Amount: $640
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $640
  • Location Legal Taxes - Section: 0
  • Location Legal Taxes - POA YN: No
  • Location Legal Taxes - POA Condo Dues: $0
School Information
  • Elementary School: Ferrum
  • Middle Or Junior School: Other - See Remarks
  • High School: Franklin County
Property
Lot Information
  • Building Area Total: 2436.0
  • Lot Size Acres: 2.06
  • Lot Size Area: 2.06
  • Lot Size Dimensions: 2.06 Acres
  • Lot Size Units: Acres
  • Lot Size Square Feet: 89733.6
  • General Property Description - Total Acreage: 2.06
  • General Property Description - Entry Above Grd Fin SQFT: 1218.0
  • General Property Description - Upper Above Grd Fin SQFT: 0.0
  • General Property Description - Other Above Grd Fin SQFT: 0.0
  • General Property Description - Total Above Grd Fin SQFT: 1218.0
  • General Property Description - Grand Total Attached SQFT: 2436.0
  • General Property Description - Total Unfin SQFT: 1218.0
  • Lot Description - Gentle Slope: Yes
  • Lot Description - Wooded: Yes
  • Unfinished Attached SQFT - Lower Below Grd Unfin SQFT: 1218.0
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: Residential,Single Family Residence
  • Year Built: 1987
  • Property Sub Type: Single Family Residence
  • General Property Description - Property Sub - Type: Single Family Residence
  • Property Type Label: Residential
  • General Property Description - Construction Status: Completed
Utilities
  • Water Description - Private Well: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding
Interior Features
  • Main Level Bedrooms: 3
  • Flooring: Carpet, Laminate
  • Heating: Heat Pump
  • Main Level Bathrooms: 1
  • Basement: Walkout - Full
  • Baths Half: 1
  • Beds Total: 3
  • Baths Total: 1.1
  • Baths Full: 1
  • Rooms Total: 0
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 1.5
  • Bathrooms Total Notational: 1.1
  • Heating: Yes
  • General Property Description - Basement: Yes
  • Laundry - Laundry Lower Level: 1
  • Laundry - Laundry Upper Level: 0
  • Laundry - Laundry Other Level: 0

Property History for 2589 Old Ferrum Road

DateEvent & SourcePriceAppreciation
Dec 14, 2020

Sold (Public Record)

Public Record #686918819

$113,400—
Dec 14, 2020

Sold

Roanoke Valley Association of REALTORS #869208

$113,400—
Oct 31, 2020

Pending

Roanoke Valley Association of REALTORS #869208

—
DateEvent & SourcePrice
12/14/2020

Sold (Public Record)

Public Record #686918819

$113,400
12/14/2020

Sold

Roanoke Valley Association of REALTORS #869208

$113,400
10/31/2020

Pending

Roanoke Valley Association of REALTORS #869208

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2589 Old Ferrum Road

Taxable ValueLand$29,000Additions$172,400Total$201,400
Tax Record2025$866 ($72 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,218 SqFtAbove Grade Finished SqFt1,218 SqFtUnfinished Basement SqFt1,218 SqFtStories1Lot Size86,597 SqFtStyleSingle Family ResidenceYear Built1987Year Renovated2001ZoningNZCountyFRANKLINAPN081 00-005 04A

Schools near 2589 Old Ferrum Road

This home is within Franklin County Public Schools.
Rating
School
Type
Grades
Distance
Ferrum Elementary School
Public - PK to 5
Benjamin Franklin Middle School
Public - 6 to 8
Franklin County High School
Public - 9 to 12
Henry Elementary School
Public - PK to 5
Rating
School
Distance
Ferrum Elementary School
PublicPK to 5

Benjamin Franklin Middle School
Public6 to 8

Franklin County High School
Public9 to 12

Henry Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2589 Old Ferrum Road, Ferrum, VA 24088
$113,400
3
2,436
89,733
2535 Old Ferrum Road, Ferrum, VA 24088
$115,000
3
3,726
55,321
2580 Old Ferrum Road, Ferrum, VA 24088
–
3
1
960
241,061
2499 Old Ferrum Road, Ferrum, VA 24088
–
–
2
1,904
217,800
2381 Old Ferrum Road, Ferrum, VA 24088
$4,500
–
–
–
39,422
2715 Old Ferrum Road, Ferrum, VA 24088
–
3
2
1,752
47,916

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD, COLE HARRIS

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.