5540 Franklin St
Ferrum, VA 24088
4 bd 2 ba 4,476 sqft Built 1950 Lot 44,867 sqft single_family
Most recent sale
$259,000
Mar 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 28, 2022 | Sold | $259,000 | MLS #887397 |
| Mar 10, 2022 | Listed | $259,000 | MLS #887397 |
| Jan 11, 2019 | Listed | $199,850 | MLS #855116 |
| Aug 10, 2018 | Price changed | $199,850 | MLS #849807 |
| Jun 22, 2018 | Listing removed | $199,900 | Roanoke |
| Jun 22, 2018 | Listed | $199,900 | MLS #849807 |
| Apr 9, 2018 | Price changed | $199,900 | MLS #837611 |
| Dec 20, 2017 | Relisted | $211,900 | MLS #837611 |
| Dec 2, 2017 | Listing removed | $211,900 | Roanoke |
| Sep 12, 2017 | Price changed | $211,900 | MLS #837611 |
| May 19, 2017 | Listed | $217,000 | MLS #837611 |
| May 9, 2017 | Listing removed | $216,900 | Roanoke |
| Feb 9, 2017 | Listed | $216,900 | MLS #833856 |
| Feb 9, 2017 | Listing removed | $216,900 | Roanoke |
| Nov 8, 2016 | Listed | $216,900 | MLS #831880 |
| Nov 7, 2016 | Listing removed | $216,900 | Roanoke |
| Aug 8, 2016 | Listing removed | $216,900 | Roanoke |
| Aug 8, 2016 | Listed | $216,900 | MLS #829285 |
| May 6, 2016 | Listed | $216,900 | MLS #826073 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $205,200 | $30,000 | $235,200 | $1,011 |
| 2023 | $120,300 | $23,000 | $143,300 | $874 |
| 2022 | $120,300 | $23,000 | $143,300 | $874 |
| 2021 | $120,300 | $23,000 | $143,300 | $874 |
| 2020 | $120,300 | $23,000 | $143,300 | $874 |
| 2019 | $112,600 | $23,000 | $135,600 | $827 |
| 2018 | $112,600 | $23,000 | $135,600 | $827 |
| 2017 | $112,600 | $23,000 | $135,600 | $745 |
Property facts
Year built
1950
Property type
single_family
Stories
—
Beds
4
Baths
2
Living area
4,476 sqft
Lot size
44,867 sqft
ZIP code
24088
City
Ferrum
Street
Franklin St
Coordinates
36.94892, -79.94859
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,554
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5540 Franklin St last sell?
5540 Franklin St most recently sold on Mar 28, 2022 for $259,000.
What is the current tax assessment for 5540 Franklin St?
The most recent total assessment for 5540 Franklin St (year 2025) is $235,200 with $1,011 in property tax.
How does 5540 Franklin St's assessment compare to its last sale price?
The current assessment is 9.2% below the last sale price of $259,000.
When was 5540 Franklin St built?
5540 Franklin St was built in 1950.
How does 5540 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 5540 Franklin St?
5540 Franklin St is a 4 bed, 2 bath, 4,476 sqft, 44,867 sqft lot single_family.
Is 5540 Franklin St a flip candidate?
No — 5540 Franklin St does not appear in our flips dataset.
Is 5540 Franklin St a tax-appeal candidate?
No — 5540 Franklin St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.9%
Implied 1-yr
+7.6%
2026 Q2
$221.3K
2026 Q3
$221.3K
ZIP 24088 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Franklin St