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Single Family ResidenceResidential
$357,464$203 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $160,000 on Mar 14, 2014

541 THOMPSON RIDGE CIR

FERRUM, VA 24088
3
Beds
1
Baths
1,765 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
4.08 ac
Lot SizeThe size of the land the home sits on, from county records.
1977
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$357K
$341K low$374K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$160,000 · Mar 14, 2014

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,239 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$288,100 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$31,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$256,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$288,100

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyFRANKLIN
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1994
Lot (acres)The size of the land the home sits on, from county records.4.08
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Heat Pump
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.No Garage
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 300 ft²Patio · 300 ft²Porch · 95 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Ferrum Elementary SchoolB
Elementary · Grades PK–5 · 4.1 mi
H
Franklin County High SchoolC
High · Grades 9–12 · 14.1 mi
M
Benjamin Franklin Middle SchoolB
Middle · Grades 6–8 · 14.3 mi

District: Franklin County Public Schools

Neighborhood · ZIP 24088These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.107
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.97
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.66

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.80%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.17%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.5,328
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.46 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$53,632
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$76,256
Average tempThe average temperature here across a full year.56°F
Annual precipHow much rain and melted snow falls here in a typical year.48 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

541 Thompson Ridge Cir measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 72% of homes in Ferrum 24088
  • Bigger than 72% of homes in Ferrum 24088
  • Has a bigger lot than 71% of homes in Franklin County
  • Older than 65% of homes in Franklin County

What homes are worth in Ferrum 24088

Each bar is how many homes fall in that price range. The marker is this home.

This home
$40K$647K

This home is worth more than 72% of homes in Ferrum 24088.

How it measures up in Ferrum 24088

The dot is this home. The mark in the middle is the typical home in Ferrum 24088.

Estimated value$357,464
CheaperTypical $278,467Pricier

Pricier than 72% of homes nearby

Price per ft²$203
CheaperTypical $196Pricier

Pricier than 54% of homes nearby

Living area1,765 ft²
SmallerTypical 1,456 ft²Bigger

Bigger than 72% of homes nearby

Lot size4.08 ac
SmallerTypical 4.11 acBigger

Bigger than 50% of homes nearby

Year built1977
OlderTypical 1977Newer

Newer than 51% of homes nearby

How 541 Thompson Ridge Cir ranks against every home in each area.
MeasureThis homeFerrum 24088Franklin County
Estimated valuepricier than$357,46472% of homes46% of homes
Price per ft²pricier than$20354% of homes36% of homes
Living areabigger than1,765 ft²72% of homes62% of homes
Lot sizebigger than4.08 ac50% of homes71% of homes
Year builtnewer than197751% of homes35% of homes

About 541 Thompson Ridge Cir

How much is 541 Thompson Ridge Cir, Ferrum, VA worth?

The TopHap Estimate for 541 Thompson Ridge Cir, Ferrum, VA is $357,464 as of Aug 30, 2026. The likely range is $340,904 to $374,024. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 541 Thompson Ridge Cir, Ferrum, VA last sell?

541 Thompson Ridge Cir, Ferrum, VA last sold on Mar 14, 2014 for $160,000, according to the county's recorded deed.

How big is 541 Thompson Ridge Cir, Ferrum, VA?

541 Thompson Ridge Cir, Ferrum, VA has 3 bedrooms, 1 bathrooms, 1,765 square feet of living space and a 4.08-acre lot.

When was 541 Thompson Ridge Cir, Ferrum, VA built?

541 Thompson Ridge Cir, Ferrum, VA was built in 1977, making it 49 years old. The building has 1 story.

What schools serve 541 Thompson Ridge Cir, Ferrum, VA?

541 Thompson Ridge Cir, Ferrum, VA is assigned to Ferrum Elementary School (elementary), rated B; Franklin County High School (high), rated C; Benjamin Franklin Middle School (middle), rated B. All sit in Franklin County Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 541 Thompson Ridge Cir, Ferrum, VA compare to other homes in Ferrum 24088?

Among the 1,537 homes in Ferrum 24088, it is worth more than 72% of them ($357,464 against a typical $278,467), its price per square foot is higher than 54% of them ($203 against a typical $196), it is bigger than 72% of them (1,765 ft² against a typical 1,456 ft²), its lot is bigger than 50% of them (4.08 ac against a typical 4.11 ac) and it is newer than 51% of them (1977 against a typical 1977). Measured against all of Franklin County, it is worth more than 46% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 541 Thompson Ridge Cir, Ferrum, VA?

The 2025 property tax bill for 541 Thompson Ridge Cir, Ferrum, VA was $1,239. The county assessed it at $288,100.

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