NOT LISTED FOR SALE

40985 W Morgan Ave Pennington Gap, VA 24277

Estimated Value: $62,000 - $127,000

2 Beds
1 Bath
-- Sq Ft
0.36 Acres

About This Home

This home is located at 40985 W Morgan Ave, Pennington Gap, VA 24277 and is currently estimated at $85,778. 40985 W Morgan Ave is a home located in Lee County.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2024
Sold by
Lee Land Company Llc
Bought by
Farmer William L
Current Estimated Value
$85,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,500
Outstanding Balance
$12,323
Interest Rate
6.82%
Mortgage Type
FHA
Estimated Equity
$73,455

Purchase Details

Closed on
Sep 5, 2018
Sold by
Honaker Marsha and Poteet Ronnie
Bought by
Lee Land Company L L C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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 Buyer Sale Price Title Company
Farmer William L $59,000 None Listed On Document
Lee Land Company L L C $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farmer William L $12,500
Open Farmer William L $51,609
Source: Public Records

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 $433 $62,700 $11,600 $51,100
2024 $271 $36,600 $9,000 $27,600
2023 $226 $36,600 $9,000 $27,600
2022 $226 $36,600 $9,000 $27,600
2021 $226 $36,600 $9,000 $27,600
2020 $226 $80,000 $9,000 $71,000
2019 $226 $36,600 $9,000 $27,600
2018 $226 $36,600 $9,000 $27,600
2017 $226 $36,600 $9,000 $27,600
2016 $226 $36,600 $9,000 $27,600
2015 -- $34,000 $8,000 $26,000
2013 -- $34,000 $8,000 $26,000
Source: Public Records

Map

Virginia Lee County Pennington Gap 24277

40985 W Morgan Ave, Pennington Gap, VA

Not Listed for Sale

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