321 Summer Dr Pennington Gap, VA 24277
Estimated Value: $230,690 - $432,000
3
Beds
2
Baths
1,488
Sq Ft
$223/Sq Ft
Est. Value
Highlights
- Wood Burning Stove
- Wood Flooring
- 1-Story Property
- Mountainous Lot
- Double Pane Windows
- Central Air
About This Home
As of December 2022Are you looking for a beautiful brick home with land? If so, this is the one for you! This property comes with 20 -/+ acres of land! It has a barn with electricity, the barn has one horse stable, a loft above for hay/storage. You're secluded enough to where you don't have neighbors right on top of you, but you are only minutes from town! You can enjoy the beautiful mountainous views from your front porch! The home does have a heat pump, as well as an indoor wood stove keeping the house warm in the winter and the electric bill LOW! The windows were all replaced within the last 5 years. New engineered hardwood flooring throughout most of the home. You don't want to miss your chance to see this beauty! Buyers and buyers agents to verify all information in this listing. Subject to Errors & Omissions.
Last Listed By
Danielle Wells
Fathom Realty License #0225227971, 355260 Listed on: 11/03/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $841
Year Built
- Built in 1982
Lot Details
- 20 Acre Lot
- Mountainous Lot
- Property is in average condition
Home Design
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 1,488 Sq Ft Home
- 1-Story Property
- Wood Burning Stove
- Double Pane Windows
- Dishwasher
- Washer and Electric Dryer Hookup
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Outbuilding
Schools
- Elk Knob Elementary School
- Pennington Middle School
- Lee Co High School
Utilities
- Central Air
- Heat Pump System
- Septic Tank
- Private Sewer
Community Details
- FHA/VA Approved Complex
Listing and Financial Details
- Assessor Parcel Number 21909-1
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 17, 2024
Sold by
Hackney Jamie L and Hackney Erica A
Bought by
Jessee Collin Jamie
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 3, 2022
Closed on
Dec 13, 2022
Sold by
Boggs William J and Boggs Sabrina K
Bought by
Hackney Jamie L and Hackney Erica A
Seller's Agent
Danielle Wells
Fathom Realty
Buyer's Agent
Gary Grimes
Wallace
List Price
$189,900
Sold Price
$173,000
Premium/Discount to List
-$16,900
-8.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.82%
Original Mortgage
$173,000
Interest Rate
5.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 8, 2015
Sold by
Lawson Richard and Lawson Trevia
Bought by
Boggs William J and Boggs Sabrina K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,100
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 17, 2010
Sold by
Martin Bruce A and Martin Sinta D
Bought by
Lawson Richard and Lawson Trevia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Pennington Gap, VA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jessee Collin Jamie | $230,000 | Commonwealth Title | |
| Hackney Jamie L | $173,000 | -- | |
| Boggs William J | $86,100 | None Available | |
| Lawson Richard | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jessee Jamie Collin | $234,279 | |
| Closed | Jessee Collin Jamie | $230,000 | |
| Previous Owner | Hackney Jamie L | $173,000 | |
| Previous Owner | Boggs William J | $86,100 | |
| Previous Owner | Lawson Richard | $20,480 | |
| Previous Owner | Lawson Richard | $65,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2022 12/15/22 | Sold | $173,000 | -8.9% | $116 / Sq Ft |
| 11/11/2022 11/11/22 | Pending | -- | -- | -- |
| 11/03/2022 11/03/22 | For Sale | $189,900 | -- | $128 / Sq Ft |
Source: Tennessee/Virginia Regional MLS
Tax History Compared to Growth
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 | $841 | $113,700 | $25,400 | $88,300 |
| 2023 | $703 | $113,700 | $25,400 | $88,300 |
| 2022 | $703 | $113,700 | $25,400 | $88,300 |
| 2021 | $703 | $113,700 | $25,400 | $88,300 |
| 2020 | $703 | $131,800 | $25,400 | $106,400 |
| 2019 | $703 | $113,700 | $25,400 | $88,300 |
| 2018 | $701 | $113,700 | $25,400 | $88,300 |
| 2017 | $701 | $113,300 | $25,400 | $87,900 |
| 2016 | $701 | $113,300 | $25,400 | $87,900 |
| 2015 | -- | $107,700 | $25,400 | $82,300 |
| 2013 | -- | $107,700 | $25,400 | $82,300 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2022
Danielle Wells
Fathom Realty
-
G
Buyer's Agent in 2022
Gary Grimes
Wallace
-
Amy Hubbard
A
Buyer's Agent in 2022
Amy Hubbard
Century 21 Bennett & Edwards
(276) 393-3241
149 Total Sales
-
R
Buyer's Agent in 2022
RICHARD ERVIN
Mapp & Associates Realty
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9945332
APN: 23-(15)-1
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