NOT LISTED FOR SALE

391 Pine Tree Ln Independence, VA 24348

Estimated Value: $179,000 - $338,000

2 Beds
1.5 Baths
1,317 Sq Ft
$189/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $102,000 $77 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $1,322/month

307 Days on Market

Highlights

  • Horses Allowed On Property
  • 27.49 Acre Lot
  • Farm
  • Grayson County High School Rated 9+
  • Mature Trees
  • No HOA

About This Home

As of September 2019

End of the road privacy on these 27 acres. Small stream. Outside of the Town limits yet less then 2 miles to the stop light. 2 bedrooms, 1.5 baths, and wood stove. Detached garage. Work shop and storage building. Call today.

Last Listed By

Linda Cornett

Tri-County Real Estate License #0225108892 Listed on: 10/01/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $904

Year Built

  • Built in 1945

Lot Details

  • 27.49 Acre Lot
  • The property's road front is unimproved
  • Level Lot
  • Cleared Lot
  • Mature Trees
  • Wooded Lot
  • Garden
  • Property is zoned Rural Farm

Parking

  • 1 Car Detached Garage

Home Design

  • Cottage
  • Block Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Masonite

Interior Spaces

  • 1,317 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Living Room
  • Dining Room
  • Oven or Range
  • Laundry on main level
  • Property Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Covered patio or porch
  • Shed
  • Outbuilding

Schools

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

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Wood
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Farm
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$904

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 27.489
  • Lot Size: see deed
  • Road Surface Type: Unimproved
  • Directions: From the stop light in Independence at the intersection of 58 & 21, take 21 north for 0.3 miles. Turn left ontp Elliott Place go 1.1 mile. Turn left onto Pine Tree Lane go 0.3 miles. See the sign.
  • Above Grade Finished Sq Ft: 1317
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1945
  • Kitchen Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator, Electric Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Internet Availability Other/See Remarks
  • Living Area: 1317
  • Window Features: Insulated Windows, No Window Treatments
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Level: First
  • Bathroom 1 Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Level, Views, Farm, Wooded, Cleared, Rolling/Sloping, Steep Slope
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Masonite, Dry Wall
  • Exterior Features: Horses Allowed, Garden, Mature Trees
  • Foundation Details: Block
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Porch Covered
  • Property Condition: Exterior Condition: Fair, Interior Condition: Fair
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Detached
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: First Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wood/Coal, Space Heater
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Sq Ft: 1197420.84
  • Zoning: Rural Farm
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 903.52
  • Tax Lot: 0
  • Tax Map Number: 52-A-68
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Aug 30, 2019
Sold by
Cash Charles W and Estey Althea V
Bought by
Gmitter John A
Seller's Agent
Linda Cornett
Tri-County Real Estate
Buyer's Agent
Linda Cornett
Tri-County Real Estate
List Price
$165,000
Sold Price
$102,000
Premium/Discount to List
-$63,000
-38.18%
Total Days on Market
307
Current Estimated Value
$249,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,182
Avg. Annual Appreciation
17.13%
Original Mortgage
$91,800
Interest Rate
3.7%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Gmitter John A $102,000 Appalachian Title & Stlmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gmitter John A $94,800
Closed Gmitter John A $91,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $102,000 -38.2% $77 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
10/01/2018 10/01/18 For Sale $165,000 -- $125 / 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 -- $197,000 $122,500 $74,500
2023 $0 $197,000 $122,500 $74,500
2022 $1,090 $197,000 $122,500 $74,500
2021 $1,306 $184,800 $122,500 $62,300
2020 $1,288 $184,800 $122,500 $62,300
2019 $1,062 $184,800 $122,500 $62,300
2018 $1,062 $184,800 $122,500 $62,300
2017 $1,062 $184,800 $122,500 $62,300
2016 -- $184,800 $122,500 $62,300
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Linda Cornett

    Tri-County Real Estate

    (276) 773-3632

    47 Total Sales

    Linda Cornett
    Section Image
See All Agents

Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 66836

APN: 52 - A- - 68+

Virginia Grayson County Independence 24348

391 Pine Tree Ln, Independence, VA

Homes for Sale in Independence, VA

This home is located at 391 Pine Tree Ln, Independence, VA 24348 since 01 October 2018 and is currently estimated at $249,182, approximately $189 per square foot. This property was built in 1945. 391 Pine Tree Ln is a home located in Grayson County with nearby schools including Grayson County High School.

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