Last Sold Price
5700 Ferrum Mountain Rd, Callaway, VA 24067

Description

Attention Investors! Duplex: 2 Bed/1Bath units on quiet, country setting. NEW front porches, side deck, and exterior doors. In-unit laundry hook-ups. On-site parking. Owner responsible for lawn care. Tenants pay electric. Sellers added a new well, gutters, and heat pump since purchasing. Basement could potentially be finished for 3rd unit; already has plumbing for bath and laundry hook-ups. Lots of Storage Space.Attention Investors! Duplex: 2 Bed/1Bath units on quiet, country setting. NEW front porches, side deck, and exterior doors. In-unit laundry hook-ups. On-site parking. Owner responsible for lawn care. Tenants pay electric. Sellers added a new well, gutters, and heat pump since purchasing. Basement could potentially be finished for 3rd unit; already has plumbing for bath and laundry hook-ups. Lots of Storage Space.
LISTING CLOSED: 06/28/2024 12:00 AM

  1. Listed by ANGIE MCGHEE • LONG & FOSTER - FRANKLIN CO
  2. Listed by JESSICA THOMPSON • LONG & FOSTER - FRANKLIN CO

Property Details for 5700 Ferrum Mountain Road

Status
MLS #
907639
Days on Market
27
Taxes
$1,293 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
MultiFamily
Year Built
1982
Lot Size
0.83 AC / 36,154 SF
Zoning
N/A
Subdivision Name
N/A
Covered Spaces
19200.0

Location

Listing Courtesy of LONG & FOSTER - FRANKLIN CO, ANGIE MCGHEE; LONG & FOSTER - FRANKLIN CO, JESSICA THOMPSON

Sold By LONG & FOSTER - FRANKLIN CO, ANGIE MCGHEE

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Building Information for 5700 Ferrum Mountain Road

Stories-Residences2Year Built1982Building Size-Lot Size0.83 AC / 36,154 SF

Payment Calculator

$921 per month

30 year fixed, 6.55% Interest

Principal and Interest

$813

Property Taxes

$108

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5700 Ferrum Mountain Road

Summary
Location and General Information
  • Directions: From Rt 220S - Turn Right at Virginia Furniture Market onto Brick Church Rd, L-Dugwell Rd, R-Callaway RD, L-Ferrum Mountain Rd to Property on Right at sign.
  • MLS Area Major: 0400 - Franklin County
  • City: Callaway
  • State Or Province: VA
  • Postal Code: 24067
  • 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: 0600100105
  • Tax Block: 0
  • Tax Lot: 5
  • Tax Tract Or Section: 3
  • Tax Amount: $1,293
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $1,293
  • Location Legal Taxes - Section: 3
  • Location Legal Taxes - POA YN: No
School Information
  • Elementary School: Callaway
  • Middle Or Junior School: Ben Franklin Middle
  • High School: Franklin County
Parking
  • Attached Garage: No
  • General Property Description - Parking Description: Private (1 - 9)
Property
Lot Information
  • Lot Size Acres: 0.83
  • Lot Size Area: 0.83
  • Lot Size Units: Acres
  • Lot Size Square Feet: 36154.8
  • General Property Description - Total Acreage: 0.83
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: MultiFamily
  • Year Built: 1982
  • Property Type Label: MultiFamily
  • General Property Description - Construction Status: Completed
  • General Property Description - Present Use: Built-As
Utilities
  • Sewer: Private Septic
  • Water Description - Private Well: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Wood Siding
Interior Features
  • Water Heater Type - Tank: Yes
  • Water Heater Energy - Electric: Yes
  • Heating: Heat Pump
  • Interior Features: Ceiling Fan(s), Storage
  • Basement: Walkout - Full
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Heating: Yes
  • General Property Description - Basement: Yes
  • Interior Features - Ceiling Fan: Yes
  • Interior Features - Storage: Yes
  • General Property Description - # Furnished: 0.0
  • General Property Description - # Unfurnished: 2.0
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • General Property Description - # Leased Units: 1
Income & Expenses
  • Gross Scheduled Income: $15,360
  • Operating Expense: $3,840
  • General Property Description - Gross Income: $15,360
  • Gross Income: $15,360
  • Net Operating Income: $19,200
Unit 1
  • Unit Number: Type 1
  • Units Total: 2
  • Beds Total: 2
  • Furnished: 1
  • SqFt: 720
  • Parking: Range Electric
  • Rent: Refrigerator
Rental
Rental Information
  • Tenant Expenses - Electricity: Yes

Property History for 5700 Ferrum Mountain Road

DateEvent & SourcePriceAppreciation
Jun 28, 2024

Sold

Roanoke Valley Association of REALTORS #907639

$160,000
Jun 11, 2024

Pending

Roanoke Valley Association of REALTORS #907639

May 16, 2024

Price Change

Roanoke Valley Association of REALTORS #907639

$229,900
DateEvent & SourcePrice
06/28/2024

Sold

Roanoke Valley Association of REALTORS #907639

$160,000
06/11/2024

Pending

Roanoke Valley Association of REALTORS #907639

05/16/2024

Price Change

Roanoke Valley Association of REALTORS #907639

$229,900

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

Public Records for 5700 Ferrum Mountain Road

Taxable ValueLand$27,000Additions$184,900Total$211,900
Tax Record2025$911 ($76 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,440 SqFtAbove Grade Finished SqFt1,440 SqFtUnfinished Basement SqFt1,440 SqFtStories1Lot Size36,285 SqFtStyleSingle Family ResidenceYear Built1982Year Renovated1994ZoningNZCountyFRANKLINAPN060 01-001 05

Schools near 5700 Ferrum Mountain Road

This home is within Franklin County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Callaway 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: 5700 Ferrum Mountain Road, Callaway, VA 24067
$160,000
2
36,154
$32,000
38,463
$5,000
2
1,120
35,458
3
2
1,377
642,074
$214,900
2
2,128
217,800
51,139

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 LONG & FOSTER - FRANKLIN CO, ANGIE MCGHEE; LONG & FOSTER - FRANKLIN CO, JESSICA THOMPSON

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.