NOT LISTED FOR SALE

39 Pleasant Grove Rd Independence, VA 24348

Estimated Value: $42,000 - $172,000

3 Beds
1 Bath
1,274 Sq Ft
$95/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $35,000 $27 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $685/month

125 Days on Market

Highlights

  • Spa
  • Corner Lot
  • Cottage
  • Deck
  • No HOA
  • Covered Patio or Porch

About This Home

As of March 2022

Fantastic rental/income opportunity just outside of Independence! This 3 bed / 1 bath home is ready for your finishing touches and would be a great investment property. Located just outside the town limits of Independence, this 0.85 acre property fronts on both U.S. 58 and Pleasant Grove Road. Property has been undergoing recent updates and includes a new bathroom, newer paint and some exterior cleaning. The kitchen has been gutted, but new cabinets, countertops, sink and appliances will convey with the home for easy renovation completion. A heat pump unit has been purchased, but not installed, and will also convey. Home has been a HUD rental in the past and could easily be again. With the convenient location, this would also make a great short term rental property or full-time residence for the buyer wanting to truly make it their own.

Last Agent to Sell the Property

Sara Baker

Tri-County Real Estate License #0225246130 Listed on: 09/27/2021

Last Buyer's Agent

Mitchell Cornett

Collins and Associates Realty License #0225244228

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $526

Year Built

  • Built in 1948

Lot Details

  • 0.85 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned Rural Farm

Home Design

  • Cottage
  • Block Foundation
  • Fire Rated Drywall
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,274 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Ceiling Fan
  • Insulated Windows
  • Living Room
  • Crawl Space
  • Laundry on main level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Spa Bath

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch

Schools

  • Independence Elementary School
  • Grayson County Middle School
  • Grayson County High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$526

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.85
  • Road Surface Type: Paved
  • Directions: From the stoplight in Independence at the intersection of U.S. 58 and U.S. 21, head east on U.S. 58 for 3.3 miles. Turn right on Pleasant Grove Road and the property is immediately to your left.
  • Above Grade Finished Sq Ft: 1274
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1948
  • Kitchen Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Range/Oven, Refrigerator, Dishwasher, Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Paneling, Ceiling Fan(s), Internet Availability Other/See Remarks
  • Living Area: 1274
  • Window Features: Insulated Windows
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First
  • Bathroom Level: First

Exterior Features

  • Lot Features: Steep Slope, Corner Lot, Level
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Vinyl Siding, Dry Wall
  • Foundation Details: Block
  • Patio And Porch Features: Open Deck, Porch Covered
  • Property Condition: Exterior Condition: Poor, Interior Condition: Poor
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Laundry Features: First Level
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Oil
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Not Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Independence
  • High School: Grayson County
  • Middle Or Junior School: Grayson County

Lot Info

  • Lot Size Sq Ft: 37026
  • Zoning: Rural Farm
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 526.3
  • Tax Map Number: 74-A-104
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Mar 7, 2022
Sold by
Clark Charles J
Bought by
Edwards Randel Lee
Seller's Agent
Sara Baker
Tri-County Real Estate
Buyer's Agent
Mitchell Cornett
Collins and Associates Realty
List Price
$65,000
Sold Price
$35,000
Premium/Discount to List
-$30,000
-46.15%
Current Estimated Value
$121,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,010
Avg. Annual Appreciation
44.76%

Purchase Details

Listed on
Nov 30, 2020
Closed on
Jul 16, 2021
Sold by
Crouse Michael A and Crouse Rebecca A
Bought by
Clark Charles J
Seller's Agent
Tommy Delp
Kyle Realty, Inc.
Buyer's Agent
Sara Baker
Tri-County Real Estate
List Price
$44,900
Sold Price
$35,000
Premium/Discount to List
-$9,900
-22.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Dec 8, 2014
Sold by
Halsey Wilma
Bought by
Crouse Michael A

Purchase Details

Closed on
Jul 21, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sexton James M

Purchase Details

Closed on
Jul 19, 2011
Sold by
Citimortgage Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 25, 2011
Sold by
Wittstadt Title And Escrow Co and Zacarolli Thomas J
Bought by
Citimortgage Inc
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
Edwards Randel Lee $35,000 Whitney Ivey Adams & Ivey Pllc
Clark Charles J $35,000 Appalachian Title & Stlmnt
Crouse Michael A $25,500 --
Sexton James M $23,500 --
Federal Home Loan Mortgage Corporation -- --
Citimortgage Inc $27,206 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $35,000 -46.2% $27 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
09/27/2021 09/27/21 For Sale $65,000 +85.7% $51 / Sq Ft
07/16/2021 07/16/21 Sold $35,000 -22.0% $27 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
11/30/2020 11/30/20 For Sale $44,900 -- $35 / Sq Ft
Source: Southwest Virginia 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
2024 $377 $69,900 $14,000 $55,900
2023 $593 $69,900 $14,000 $55,900
2022 $316 $69,900 $14,000 $55,900
2021 $532 $53,500 $14,000 $39,500
2020 $526 $53,500 $14,000 $39,500
2019 $418 $53,500 $14,000 $39,500
2018 $418 $53,500 $14,000 $39,500
2017 $418 $53,500 $14,000 $39,500
2016 -- $53,500 $14,000 $39,500
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 80192

APN: 74 - A- - 104