NOT LISTED FOR SALE

321 Summer Dr Pennington Gap, VA 24277

Estimated Value: $236,785 - $250,000

3 Beds
2 Baths
1,488 Sq Ft
$164/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $173,000 $116 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,396/month

7 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • 1-Story Property
  • Mountainous Lot
  • Double Pane Windows
  • Central Air

About This Home

As of December 2022

Are 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 Agent to Sell the Property

Danielle Wells

Fathom Realty License #0225227971, 355260 Listed on: 11/03/2022

Last Buyer's Agent

Gary Grimes

Wallace License #303538

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$841

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Directions: From Taco Bell downtown Pennington Gap, turn right onto Morgan Ave, then turn right onto US-421 after 0.4 mi, then turn left onto Left Poor Valley Rd after 0.9 mi, Then 0.2 mile later turn right onto Summer Dr, Gravel drive way, house is at the top of the hill.
  • Prop. Type: Residential
  • Year Built: 1982
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 20.0
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Elk Knob
  • General Property Description Middle School2: Pennington
  • General Property Description High School3: Lee Co
  • Water Public: Yes
  • General Property Description Lot Dimensions: See acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1488.0
  • General Property Description Above Grade SqFt: 1488.0
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • Flooring Tile2: Yes
  • General Property Description Parcel ID2: 21909-1
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • Other Structures Outbuilding: Yes
  • Roof Composition: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Property Condition Average: Yes
  • Sewer Private Sewer: Yes
  • TopographyLot Description Mountainous: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Flooring: Hardwood, Tile
  • Window Features: Double Pane Windows
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • General Property Description Baths - Full: 2
  • Appliances Dishwasher: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition
  • Other Structures: Outbuilding
  • Acres: 20.0
  • Topography: Mountainous
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Finish Brick4: Yes
  • Window Features:Double Pane Windows: Yes

Utilities

  • Heating: Heat Pump, Wood Stove
  • Sewer: Private Sewer, Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Wood Stove: Yes

Schools

  • Elementary School: Elk Knob
  • High School: Lee Co
  • Middle Or Junior School: Pennington

Lot Info

  • Zoning: Residential
  • Lot Dimensions: See acres
  • Lot Size Sq Ft: 871200.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 21909-1
  • ResoLotSizeUnits: Acres

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
Current Estimated Value
$243,393

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
13.64%
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
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Jessee Collin Jamie $230,000 Commonwealth Title
Hackney Jamie L $173,000 None Listed On Document
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

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 $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

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9945332

Tennessee/Virginia Regional MLS

APN: 23-(15)-1