NOT LISTED FOR SALE

48 Magnolia Ln Independence, VA 24348

Estimated Value: $277,569 - $419,000

4 Beds
3 Baths
2,146 Sq Ft
$156/Sq Ft Est. Value

About This Home

This home is located at 48 Magnolia Ln, Independence, VA 24348 and is currently estimated at $334,642, approximately $155 per square foot. 48 Magnolia Ln is a home located in Grayson County with nearby schools including Grayson County High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Lawrence Peter K
Bought by
Morris Larry and Rathgaber Morris Cynthia
Current Estimated Value
$331,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$59,297
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$223,494
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Morris Larry $180,000 Title Insurance Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Larry $60,000
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
2024 $1,012 $187,400 $14,000 $173,400
2023 $1,212 $184,400 $14,000 $170,400
2022 $981 $184,400 $14,000 $170,400
2021 $1,197 $166,200 $14,000 $152,200
2020 $1,180 $166,200 $14,000 $152,200
2019 $970 $166,200 $14,000 $152,200
2018 $970 $166,200 $14,000 $152,200
2017 $970 $166,200 $14,000 $152,200
2016 -- $166,200 $14,000 $152,200
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Map

Virginia Grayson County Independence 24348

48 Magnolia Ln, Independence, VA

This home is located at 48 Magnolia Ln, Independence, VA 24348 and is currently estimated at $334,642, approximately $155 per square foot. 48 Magnolia Ln is a home located in Grayson County with nearby schools including Grayson County High School.

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