$116,000
SOLD JUL 21, 2025

406 Cecil St Pennington Gap, VA 24277

2 Beds
1 Bath
1,080 Sq Ft
0.4 Acres

Recently Sold

$107 Per Sq Ft

10% Below List Price

25 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Lot Has A Rolling Slope
  • Wood Flooring
  • Cooling Available
  • Heat Pump System

About This Home

As of July 2025

Check this freshly updated 2-bedroom 1-bathroom home located in the town of Pennington but with the feel of seclusion. The home has a bonus room that could be a potential 3rd bedroom. This home boasts of an open kitchen to living room concept fresh paint and updated appliances. Out back is a huge concrete patio area for entertainment. Newly built deck on the front. Buyers and buyers agents to verify all information in this listing. Subject to errors and omissions.

Last Agent to Sell the Property

Tim Gardner

Century 21 Bennett & Edwards License #0225061378 Listed on: 05/24/2025

Century 21 Bennett & Edwards

Last Buyer's Agent

Non Member

Non Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.4 Acre Lot
  • Lot Has A Rolling Slope
  • Property is in average condition

Home Design

  • Ranch Style House
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • Wood Flooring
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Elk Knob Elementary School
  • Pennington Middle School
  • Lee Co High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 23e-(3)-Bk1,1,2

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Directions: From W Morgan Ave in Pennington Gap take Cecil St follow it up to the left home will be on the right sign in front.
  • Prop. Type: Residential
  • Year Built: 1978
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Ranch
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.4
  • 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
  • General Property Description HOA YN: No
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 0
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1080.0
  • General Property Description Above Grade SqFt: 1080.0
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 23e-(3)-Bk1,1,2
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • TopographyLot Description Rolling Slope: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof Metal3: Yes
  • Property Condition Average: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Flooring: Hardwood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • General Property Description Baths - Full: 1
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Acres: 0.4
  • Topography: Rolling Slope
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Finish Vinyl Siding: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 23e-(3)-Bk1,1,2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2025
Closed on
Jul 21, 2025
Sold by
Middleton Rentals Llc
Bought by
Decarlo John
Seller's Agent
Tim Gardner
Century 21 Bennett & Edwards
Buyer's Agent
Non Member
Non Member
List Price
$129,000
Sold Price
$116,000
Premium/Discount to List
-$13,000
-10.08%
Views
39
Current Estimated Value
$113,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,634
Avg. Annual Appreciation
-5.32%
Original Mortgage
$118,494
Outstanding Balance
$118,293
Interest Rate
6.85%
Mortgage Type
VA
Estimated Equity
-$4,927

Purchase Details

Closed on
Mar 28, 2025
Sold by
Galloway Timothy James and Galloway Margaret Ann
Bought by
Taylor Jessica

Purchase Details

Closed on
Dec 8, 2016
Sold by
Lee Bank & Trust Co
Bought by
Galloway Timothy James and Galloway Margaret Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $116,000 Old Republic National Title
Deed $25,000 None Listed On Document
Deed $25,000 None Listed On Document
Deed $35,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $118,494 VA
Previous Owner $35,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2025 07/21/25 Sold $116,000 -6.5% $107 / Sq Ft
06/18/2025 06/18/25 Pending -- -- --
06/09/2025 06/09/25 Price Changed $124,000 -3.9% $115 / Sq Ft
05/24/2025 05/24/25 For Sale $129,000 0.0% $119 / Sq Ft
05/10/2025 05/10/25 Pending -- -- --
04/25/2025 04/25/25 For Sale $129,000 -- $119 / 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
2025 $448 $64,900 $9,500 $55,400
2024 $317 $42,900 $7,000 $35,900
2023 $265 $42,900 $7,000 $35,900
2022 $265 $42,900 $7,000 $35,900
2021 $265 $42,900 $7,000 $35,900
2020 $265 $74,000 $7,000 $67,000
2019 $265 $42,900 $7,000 $35,900
2018 $265 $42,900 $7,000 $35,900
2017 $265 $42,900 $7,000 $35,900
2016 $265 $42,900 $7,000 $35,900
2015 -- $41,300 $7,000 $34,300
2013 -- $41,300 $7,000 $34,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9979346

Tennessee/Virginia Regional MLS

APN: 23E-(3)-BK1,1,2