$139,900

502 Powerhouse Rd Independence, VA 24348

Estimated payment $778/month

Total Views 22
4 Beds
2 Baths
2,577 Sq Ft
$54 Price per Sq Ft

Highlights

  • Cape Cod Architecture
  • No HOA
  • Fireplace
  • Mature Trees
  • Covered Patio or Porch
  • Paneling

About This Home

Nice home offering 4BR/2BA with Classic Character! Discover timeless charm and great potential in this spacious and charming 4-bedroom, 2-bath Cape Cod home located within town limits of Independence. Near schools, shopping and dining. Built in 1946, this classic property offers the character of an older home with several updates already completed — including a newer roof that has resolved previous leaks. A newer hot water heater and tilt windows. Features include: Beautiful hardwood floors (some areas show wear/pet stains) Large, bright living spaces with ample natural light Spacious master bath with generous layout Plenty of closet space — a rare find in homes of this era! Full basement for extra storage or workshop area Privacy-fenced yard great for your children or pets. Two older storage sheds (in need of repair or removal) Garden area and a circular driveway for easy access. Updates & TLC Opportunities: The home would benefit greatly from fresh interior paint, some ceiling tile replacement in the master bathroom, and cosmetic touch-ups to ceilings from past leaks (roof already replaced). With its solid structure, great layout, and unbeatable location, this home is perfect for buyers looking to add personal touches and make it shine again. Offered as-is. Bring your vision and make this Cape Cod gem your own! Priced to sell at only 139,900

Listing Agent

Angie Brown

Angela Brown & Associates Brokerage Phone: 2767732256 License #0225056253 Listed on: 10/30/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $551

Year Built

  • Built in 1946

Lot Details

  • 2,352 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Level Lot
  • Cleared Lot
  • Mature Trees
  • Garden
  • Property is in good condition
  • Property is zoned RR

Home Design

  • Cape Cod Architecture
  • Permanent Foundation
  • Block Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,577 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Ceiling Fan
  • Fireplace
  • Flue
  • Tilt-In Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Laundry on main level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Gravel Driveway
  • Paved Parking
  • Open Parking

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Outbuilding

Schools

  • Independence Elementary And Middle School
  • Grayson County High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$551

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.054
  • Road Surface Type: Paved
  • Directions: FROM THE INTERSECTION OF HIGHWAYS 21 AND 58 IN INDEPENDENCE TURN ONTO HIGHWAY 58 EAST FOR .06 MILES, TURN LEFT ONTO LOCUST AVE FOR 70 FEET THEN TURN RIGHT ONTO POWERHOUSE RD. TRAVEL .03 MILES PROPERTY WILL BE ON THE RIGHT. SEE SIGN
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1946
  • Kitchen Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven, Electric Water Heater
  • Has Basement: Full, Interior Entry, Exterior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Flue
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl, Wood Floors
  • Interior Amenities: Ceiling Fan(s), Paneling, High Speed Internet
  • Living Area: 2577
  • Window Features: Metal, Single Pane, Tilt Windows, Window Treatments
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom3 Level: First
  • Bathroom 2 Level: First
  • Room Bedroom2 Level: First
  • Bathroom Level: Second
  • Dining Room Dining Room Level: First

Exterior Features

  • Fencing: Privacy, Wood
  • Lot Features: Cleared, Level
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Vinyl Siding, Dry Wall, Plaster
  • Exterior Features: Garden, Mature Trees, Lighting
  • Foundation Details: Block, Permanent
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch, Porch Covered
  • Property Condition: Exterior Condition: Good, Interior Condition: Average
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Gravel, Paved, None

Utilities

  • Laundry Features: First Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Sq Ft: 2352.24
  • Zoning: RR
  • Irrigation Water Rights: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 551.31
  • Tax Lot: 0
  • Tax Map Number: 73A2-A-102
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $431 $79,900 $11,000 $68,900
2023 $431 $79,900 $11,000 $68,900
2022 $420 $79,900 $11,000 $68,900
2021 $420 $71,200 $11,000 $60,200
2020 $413 $71,200 $11,000 $60,200
2019 $349 $71,200 $11,000 $60,200
2018 $349 $71,200 $11,000 $60,200
2017 $349 $71,200 $11,000 $60,200
2016 -- $71,200 $11,000 $60,200
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2025 10/30/25 For Sale $139,900 -- $54 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Gift Deed -- --
Source: Public Records

Source: Southwest Virginia Association of REALTORS®

MLS Number: 103963

APN: 73A2-A-102

Virginia Grayson County Independence 24348

502 Powerhouse Rd, Independence, VA

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Angie Brown
Listing Agent
Angie Brown
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Angela Brown & Associates
(276) 265-7579