NOT LISTED FOR SALE

203 Penny Ln Independence, VA 24348

Estimated Value: $169,778 - $193,000

4 Beds
2 Baths
1,659 Sq Ft
$109/Sq Ft Est. Value

Last Sold September 11, 2025

Last sale price $160,000 $96 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,011/month

About This Home

As of September 2025

This unique property offers a solid return with 4 total units — one single-family home plus 3 income-producing single-wide mobile homes, that are currently rented. One mobile home is 3 bed rooms and 2 bathrooms. The other two are 3 bedrooms and 1 bathroom. The main home features a metal roof, large deck, paved driveway, laminate wood flooring, and tile accents. Conveniently located with easy access to town, this setup is ideal for investors or multi-generational living. Live in one and rent the rest — or add it to your portfolio as a turnkey investment.

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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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

Mortgage History

Date Status Borrower Loan Amount
Closed Dominguez Santiago Rosalino $45,000
Closed Dominguez Santiago Rosalino $45,000
Closed Dominguez Santiago R $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 Sold $160,000 -3.0% $96 / Sq Ft
07/30/2025 07/30/25 Price Changed $164,900 -5.8% $99 / Sq Ft
05/23/2025 05/23/25 Price Changed $175,000 -7.8% $105 / Sq Ft
04/14/2025 04/14/25 For Sale $189,900 -- $114 / Sq Ft

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
2024 $600 $111,200 $17,400 $93,800
2023 $816 $111,200 $17,400 $93,800
2022 $600 $111,200 $17,400 $93,800
2021 $816 $101,700 $17,400 $84,300
2020 $806 $101,700 $17,400 $84,300
2019 $654 $101,700 $17,400 $84,300
2018 $654 $101,700 $17,400 $84,300
2017 $654 $101,700 $17,400 $84,300
2016 -- $101,700 $17,400 $84,300
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Lineberry

    Seller's Agent in 2025

    Alex Lineberry

    A Team Real Estate Co KW Galax

    (276) 733-7550

    2 in this area

    148 Total Sales

    Alex Lineberry
    Section Image

  • N

    Buyer's Agent in 2025

    Non Member Non Member

    Non Member Office

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Map

Virginia Grayson County Independence 24348

203 Penny Ln, Independence, VA

This home is located at 203 Penny Ln, Independence, VA 24348 and is currently estimated at $180,445, approximately $108 per square foot. 203 Penny Ln is a home located in Grayson County with nearby schools including Grayson County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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