NOT LISTED FOR SALE

121 Burke St Pennington Gap, VA 24277

Estimated Value: $84,000 - $220,000

4 Beds
1 Bath
1,562 Sq Ft
$99/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $39,000 $25 Per Sq Ft

Est. 298% increase in value since last sale

Current estimated payment $869/month

628 Days on Market

Highlights

  • Main Floor Bedroom
  • Enclosed Patio or Porch
  • Cooling Available
  • Victorian Architecture
  • Eat-In Kitchen
  • Living Room

About This Home

As of February 2021

This Stately Home Has Been In This Family For Many Years- Features Include Large Living Room brick Fireplace Perfect for Gas Logs,Dining Room, Kitchen, Bath, Enclosed Rear Porch, Four Bedrooms, (2 on Main Floor) Inviting Front Porch, H/P, NEW ROOF,Utility Bldg, Beautiful Landscaped Corner Lot. Town Water & Sewer. Located Behind Lee Bank Fronting Leigh Ave and Corner with Burke Street --.New Price!

Last Agent to Sell the Property

Teresa Fannon

Fannon Land & Auction License #0225112290 Listed on: 12/17/2020

Last Buyer's Agent

Stephanie Conner

Powell Auction & Realty,LLC License #269616

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1934

Lot Details

  • 1 Acre Lot
  • Landscaped
  • Level Lot
  • Historic Home
  • Property is in average condition

Home Design

  • Victorian Architecture
  • Plaster Walls
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,562 Sq Ft Home
  • 2-Story Property
  • Brick Fireplace
  • Living Room
  • Dining Room
  • Basement Cellar

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Dryden Elementary School
  • Pennington Middle School
  • Lee Co High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 23e-(11) Bk 14 Lots 1,2

Home Details

Home Type

Single Family

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Directions: Turn Off West Morgan Avenue at Lee Bank, Turn Left onto Leigh Ave, House on Corner with Burke Street.
  • Prop. Type: Residential
  • Year Built: 1934
  • Property Sub Type: Single Family Residence
  • Bathroom 1 Level: First
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Reso Association Amenities: Landscaping
  • Architectural Style: Historic, Victorian
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.0
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Dryden
  • General Property Description Middle School2: Pennington
  • General Property Description High School3: Lee Co
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 43560-+
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1562.0
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 23e-(11) Bk 14 Lots 1,2
  • General Property Description # Fireplaces: 1
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 2
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • Roof Composition: Yes
  • Flooring Carpet: Yes
  • Style Historic: Yes
  • Flooring Vinyl: Yes
  • Walls Plaster: Yes
  • Property Condition Average: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Rooms Living Room2: Yes
  • Primary Bedroom Level: First
  • Other Structures Storage2: Yes
  • Levels One and One Half: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Has Basement: Cellar
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Eat-in Kitchen
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Brick
  • Fireplaces: 1
  • General Property Description Baths - Full: 1
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Brick3: Yes
  • Appliances:Electric Range: Yes
  • Other Rooms:Dining Room: Yes
  • Basement:Cellar: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition
  • Other Structures: Outbuilding, Shed(s), Storage
  • Acres: 1.0
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Plaster
  • Patio And Porch Features: Enclosed, Patio, Porch
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Porch: Yes
  • PorchPatioDeck Enclosed: Yes
  • PorchPatioDeck Patio: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Dryden
  • High School: Lee Co
  • Middle Or Junior School: Pennington

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 43560-+
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 23e-(11) Bk 14 Lots 1,2
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2020
Closed on
Feb 2, 2021
Sold by
Sanders Teresa Lee and Sanders Bobby Lee
Bought by
Calton Charles E and Calton Julia Paulette
Seller's Agent
Teresa Fannon
Fannon Land & Auction
Buyer's Agent
Stephanie Conner
Powell Auction & Realty,LLC
List Price
$72,000
Sold Price
$39,000
Premium/Discount to List
-$33,000
-45.83%
Current Estimated Value
$155,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,345
Avg. Annual Appreciation
32.82%
Original Mortgage
$39,000
Outstanding Balance
$34,802
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$120,543

Purchase Details

Closed on
Sep 29, 2014
Sold by
Sanders Betty Q and Sanders Bobby L
Bought by
Sanders Teresa Lee and Sanders Bobby Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Calton Charles E $39,000 None Listed On Document
Calton Charles E $39,000 None Listed On Document
Sanders Teresa Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calton Charles E $39,000
Closed Calton Charles E $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2021 02/24/21 Sold $39,000 -45.8% $25 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
04/11/2019 04/11/19 For Sale $72,000 -- $46 / Sq Ft
Source: Tennessee/Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $680 $98,500 $12,000 $86,500
2024 $485 $65,600 $12,000 $53,600
2023 $406 $65,600 $12,000 $53,600
2022 $406 $65,600 $12,000 $53,600
2021 $406 $65,600 $12,000 $53,600
2020 $406 $116,500 $12,000 $104,500
2019 $406 $65,600 $12,000 $53,600
2018 $406 $65,600 $12,000 $53,600
2017 $406 $65,600 $12,000 $53,600
2016 $406 $65,600 $12,000 $53,600
2015 -- $64,400 $12,000 $52,400
2013 -- $64,400 $12,000 $52,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 419930

Tennessee/Virginia Regional MLS

APN: 23E-(11)-BK14,1-2