Seller's Agent in 2024
Teresa Fannon
Fannon Land & Auction
(276) 219-1932
100 Total Sales
525 Fannon Rd Pennington Gap, VA 24277
Estimated Value: $337,000 - $431,805
5
Beds
3
Baths
4,079
Sq Ft
$94/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Fishing
- Fireplace in Kitchen
- Fitness Center
- Colonial Architecture
- Partially Wooded Lot
About This Home
As of March 2024Once In a Lifetime Opportunity! Stately Beautifully Maintained and Lovingly Updated Five Bedroom Home and 6+- Acres. A Formal Living Room and Possible 6th Bedroom/Office are on Either Side of the Entrance Foyer, Formal Dining Room Perfect for Entertaining on a Grand Scale. Enjoy a Custom Designed Kitchen (Granite Countertops, Jenn Aire Range, Extra Built In Oven) and Adjacent Family Dining Area with Fireplace. Master Suite Has Two Walk In Closets, & Bath with Access from Bedroom or Hall. Completing the First Floor is a Large Den w/FP, and a Florida Room Having Access to the Wrap Around Front Porch and to the Three Car Attached Carport, Laundry, Upstairs are Four Nice Sized Bedrooms (2 W/Access to Covered Balcony), & Bath. Central Heap & A/C, Full House Generator, WalkIn Tub/Shower, Partial Basement. Other Features--Replica Guest House/Studio, and Metal Garage,.
Last Agent to Sell the Property
Fannon Land & Auction License #0225112290 Listed on: 07/31/2023
Last Buyer's Agent
Stephanie Conner
Powell Auction & Realty,LLC License #269616
Home Details
Home Type
- Single Family
Year Built
- Built in 1925
Lot Details
- 4.65 Acre Lot
- Kennel or Dog Run
- Landscaped
- Level Lot
- Partially Wooded Lot
- Property is in good condition
- Property is zoned A-1
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Block Foundation
- Plaster Walls
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 4,079 Sq Ft Home
- 2-Story Property
- Built-In Features
- Ceiling Fan
- Gas Log Fireplace
- Double Pane Windows
- Insulated Windows
- Entrance Foyer
- Den with Fireplace
- 2 Fireplaces
- Heated Sun or Florida Room
- Attic Fan
Kitchen
- Built-In Electric Oven
- Down Draft Cooktop
- Microwave
- Dishwasher
- Granite Countertops
- Utility Sink
- Fireplace in Kitchen
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Studio bedroom
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Basement
- Partial Basement
- Interior and Exterior Basement Entry
Home Security
- Home Security System
- Fire and Smoke Detector
Parking
- Attached Garage
- 3 Carport Spaces
- Driveway
Outdoor Features
- Balcony
- Wrap Around Porch
- Shed
- Outbuilding
- Breezeway
Schools
- Elk Knob Elementary School
- Pennington Middle School
- Lee Co High School
Utilities
- Zoned Cooling
- Heating System Uses Propane
- Heat Pump System
- Power Generator
- Private Sewer
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 37-(A)-102
Community Details
Overview
- No Home Owners Association
Recreation
- Golf Course Community
- Fitness Center
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 27, 2024
Sold by
Fannon Farm Trust and Kinser Cynthia D
Bought by
Defore Kinser C and Defore Terah D
Current Estimated Value
Purchase Details
Listed on
Jul 31, 2023
Closed on
Mar 1, 2024
Sold by
Fannon Farm Trust
Bought by
Kelley Thomas and Million Alice
Seller's Agent
Teresa Fannon
Fannon Land & Auction
Buyer's Agent
Stephanie Conner
Powell Auction & Realty,LLC
List Price
$525,000
Sold Price
$410,000
Premium/Discount to List
-$115,000
-21.9%
Views
149
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.32%
Purchase Details
Closed on
Oct 1, 2012
Sold by
Fannon Sidney R
Bought by
Kinser Cynthia D and Fannon Farm Trust Ii
Purchase Details
Closed on
Mar 23, 2006
Sold by
Fannon Morris F and Fannon Velda M
Bought by
Commonwealth Of Virginia
Create a Home Valuation Report for This Property
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Defore Kinser C | -- | None Listed On Document | |
| Kelley Thomas | $410,000 | None Listed On Document | |
| Kinser Cynthia D | -- | None Available | |
| Commonwealth Of Virginia | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/01/2024 03/01/24 | Sold | $410,000 | -21.9% | $101 / Sq Ft |
| 01/17/2024 01/17/24 | Pending | -- | -- | -- |
| 07/31/2023 07/31/23 | For Sale | $525,000 | -- | $129 / Sq Ft |
Source: Tennessee/Virginia Regional MLS
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 | $569 | $82,400 | $77,300 | $5,100 |
| 2024 | $474 | $64,000 | $58,900 | $5,100 |
| 2023 | $1,654 | $267,400 | $78,100 | $189,300 |
| 2022 | $1,654 | $267,400 | $78,100 | $189,300 |
| 2021 | $1,654 | $267,400 | $78,100 | $189,300 |
| 2020 | $1,654 | $395,000 | $78,100 | $316,900 |
| 2019 | $1,654 | $267,400 | $78,100 | $189,300 |
| 2018 | $1,654 | $267,400 | $78,100 | $189,300 |
| 2017 | $1,654 | $267,400 | $78,100 | $189,300 |
| 2016 | $1,654 | $267,400 | $78,100 | $189,300 |
| 2015 | -- | $258,100 | $78,100 | $180,000 |
| 2013 | -- | $258,100 | $78,100 | $180,000 |
Source: Public Records
Agents Affiliated with this Home
-
Teresa Fannon
-
S
Buyer's Agent in 2024
Stephanie Conner
Powell Auction & Realty,LLC
-
S
Buyer's Agent in 2024
Sherry Dahrling
Crye-Leike, REALTORS
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9954933
APN: 37-(A)-102
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