NOT LISTED FOR SALE

245 Penny Ln Independence, VA 24348

Estimated Value: $190,000 - $259,000

3 Beds
1 Bath
1,225 Sq Ft
$176/Sq Ft Est. Value

About This Home

This home is located at 245 Penny Ln, Independence, VA 24348 and is currently estimated at $215,295, approximately $175 per square foot. 245 Penny Ln is a home located in Grayson County with nearby schools including Grayson County High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2022
Sold by
Shumate Chadrick D and Shumate Jessica C
Bought by
Shumate Chadrick D
Current Estimated Value
$210,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Shumate Chadrick D -- Mortgage Connect
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shumate Chadrick D $62,500
Previous Owner Shumate Chadrick D $72,605
Source: Public Records

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 $800 $148,200 $25,500 $122,700
2023 $1,016 $148,200 $25,500 $122,700
2022 $757 $148,200 $25,500 $122,700
2021 $973 $128,300 $25,500 $102,800
2020 $960 $128,300 $25,500 $102,800
2019 $785 $128,300 $25,500 $102,800
2018 $785 $128,300 $25,500 $102,800
2017 $785 $128,300 $25,500 $102,800
2016 -- $128,300 $25,500 $102,800
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Map

Virginia Grayson County Independence 24348

245 Penny Ln, Independence, VA

This home is located at 245 Penny Ln, Independence, VA 24348 and is currently estimated at $215,295, approximately $175 per square foot. 245 Penny Ln is a home located in Grayson County with nearby schools including Grayson County High School.

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