NOT LISTED FOR SALE

1405 Penick Ave South Boston, VA 24592

Estimated Value: $67,000 - $121,000

3 Beds
1 Bath
960 Sq Ft
$97/Sq Ft Est. Value

Last Sold May 24, 2017

Last sale price $22,900 $24 Per Sq Ft

Est. 302% increase in value since last sale

Current estimated payment $524/month

144 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Front Porch
  • Wood Flooring
  • Neighborhood Views
  • 4-minute walk to Recreation Department

About This Home

As of May 2017

3 bedrooms, 1 full bath. Full, unfinished basement. Please contact your agent for details. Year built is unknown (agent's opinion is 1975, based on surrounding properties.) Town water & sewer.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $243

Year Built

  • Built in 1975

Lot Details

  • 8,712 Sq Ft Lot
  • Property is zoned R1

Home Design

  • Ranch Style House
  • Combination Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • Neighborhood Views
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • No Garage
  • Gravel Driveway
  • Open Parking

Outdoor Features

  • Front Porch
  • Stoop

Schools

  • South Boston Elementary School
  • Halifax County Middle School
  • Halifax County High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1249

Home Details

Home Type

Single Family

Est. Annual Taxes

$243

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Directions: From South Boston: Take Broad St. Turn right on Webster. Turn left on Penick. Property on right. Sign in place.
  • Above Grade Finished Sq Ft: 960
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Site Built
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, None
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 960
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: High Speed Internet
  • Living Area: 960

Exterior Features

  • Lot Features: Under 1 Acre
  • View: Neighborhood
  • View: Yes
  • Waterfront Features: N/A - Not Waterfront
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Composite Siding
  • Foundation Details: Combination
  • Patio And Porch Features: Front, Stoop, Side
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, No Carport, Gravel

Utilities

  • Laundry Features: Washer Hookup, In Basement, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: South Boston Elementary
  • High School: Halifax County High
  • Middle Or Junior School: Halifax County Middle

Lot Info

  • Lot Size Sq Ft: 8712
  • Parcel #: 1249
  • Zoning: R1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2024
Sold by
Mohamed Mostafa
Bought by
Ibrahim Badwi
Current Estimated Value
$92,089

Purchase Details

Listed on
Dec 30, 2016
Closed on
May 16, 2017
Sold by
Castle 2016 Llc A New York Limited Liabi
Bought by
Mohamed Mostafa
List Price
$27,900
Sold Price
$22,900
Premium/Discount to List
-$5,000
-17.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.87%

Purchase Details

Listed on
Jun 22, 2016
Closed on
Nov 8, 2016
Sold by
Us Bank National Association As Trustee
Bought by
Castle 2016 Llc
List Price
$28,000
Sold Price
$9,650
Premium/Discount to List
-$18,350
-65.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
426.92%

Purchase Details

Closed on
May 4, 2016
Sold by
Samuel I White Pc A Professional Corpora
Bought by
Us Bank National Association As Trustee and Credit Suisse First Boston Mortgage Secu
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ibrahim Badwi $20,000 None Listed On Document
Mohamed Mostafa $22,900 Attorney
Castle 2016 Llc $9,650 Visionet Systems Inc
Us Bank National Association As Trustee $27,062 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ford Sandra $73,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2017 08/22/17 Off Market $22,900 -- --
05/24/2017 05/24/17 Sold $22,900 -17.9% $24 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
12/30/2016 12/30/16 For Sale $27,900 +189.1% $29 / Sq Ft
11/15/2016 11/15/16 Sold $9,650 -65.5% $10 / Sq Ft
10/16/2016 10/16/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $28,000 -- $29 / Sq Ft
Source: Southern Piedmont Land & Lake Association of REALTORS®

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 $243 $48,528 $7,000 $41,528
2024 $243 $48,528 $7,000 $41,528
2023 $237 $47,313 $7,000 $40,313
2022 $237 $47,313 $7,000 $40,313
2021 $240 $47,996 $7,000 $40,996
2020 $240 $47,996 $7,000 $40,996
2019 $250 $50,046 $7,000 $43,046
2018 $240 $50,046 $7,000 $43,046
2016 $274 $57,053 $7,000 $50,053
2015 $274 $57,053 $7,000 $50,053
2014 $262 $57,053 $7,000 $50,053
2013 $264 $58,694 $7,000 $51,694
Source: Public Records

Map

Source: Southern Piedmont Land & Lake Association of REALTORS®

MLS Number: 60447

APN: 1249

Virginia Halifax County South Boston 24592

1405 Penick Ave, South Boston, VA

This home is located at 1405 Penick Ave, South Boston, VA 24592 since 30 December 2016 and is currently estimated at $93,453, approximately $97 per square foot. This property was built in 1975. 1405 Penick Ave is a home located in Halifax County with nearby schools including South Boston Elementary School, Halifax County Middle School, and Halifax County High School.

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