NOT LISTED FOR SALE

713 Oakwood Ave Pennington Gap, VA 24277

Estimated Value: $89,000 - $113,000

2 Beds
1 Bath
1,246 Sq Ft
$81/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $87,600 $70 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $584/month

5 Days on Market

Highlights

  • Waterfront
  • No HOA
  • 288 Car Attached Garage
  • A-Frame Home
  • Enclosed Patio or Porch
  • Living Room

About This Home

As of September 2022

Come see this adorable home with a oversized front country porch in the heart of charming Pennington Gap.. convenient to stores, restaurants and highway. Beautiful mountain vistas all around!! This spacious home has two bedrooms, one good size full bath and additional office/den or guest bedroom with optional entrance from outside covered porch area. There is also a large eat-in sunny kitchen and laundry area. Surprisingly this home has over 600 square feet of covered outside patio, carport and garage/enclosed storage area. So many opportunities for additional living space, storage, kids play areas, pets, etc..!! This is a total of 1,934 square feet. Seller is also offering a home warranty of your choice or CINCH valuing $499. Home has a small partial cellar/basement with outside entrance. Water Heater and Air handler system located in accessible area and submersible pump (see pics).

Last Agent to Sell the Property

Cheryl Chandler

New Market Realty Listed on: 07/29/2022

Last Buyer's Agent

Cassie Boyd

Uptown Properties LLC License #0225259292

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $350

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Waterfront
  • Level Lot

Parking

  • 288 Car Attached Garage
  • Attached Carport

Home Design

  • A-Frame Home
  • Bungalow
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,246 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Oven or Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Dryden Elementary School
  • Pennington Middle School
  • Lee High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3A

Home Details

Home Type

Single Family

Est. Annual Taxes

$350

Year Built

Built in 1950

Lot Details

0

Parking

288

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • Subdivision Name: Other
  • Directions: 713 Oakwood Ave Pennington Gap VA
  • Above Grade Finished Sq Ft: 1246
  • Architectural Style: A-Frame, Bungalow
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1950
  • Kitchen Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Electric Water Heater
  • Has Basement: Basement/Foundation Other/See Remarks, Partial, Unfinished, Crawl Space, Walk-Out Access
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: High Speed Internet
  • Living Area: 1246
  • Window Features: Other-See Remarks
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Bathroom Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Level
  • Waterfront Features: Other
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Foundation Details: Basement/Foundation Other/See Remarks
  • Patio And Porch Features: Covered, Enclosed, Porch Covered, Porch, Porch Open
  • Property Condition: Exterior Condition: Average, Interior Condition: Average
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 288
  • Garage Spaces: 288
  • Parking Features: Attached Carport, Combination, Other, Attached
  • Total Parking Spaces: 288

Utilities

  • Laundry Features: First Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • 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: Dryden
  • High School: Lee
  • Middle Or Junior School: Pennington

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Zoning: Residentia
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 349.56
  • Tax Lot: 3A
  • Tax Map Number: 23E (38)-BK7,3A,4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Sep 1, 2022
Sold by
Woods Hannah Parker
Bought by
Jones Raymond Walter and Jones April
Seller's Agent
Cheryl Chandler
New Market Realty
Buyer's Agent
Cassie Boyd
Uptown Properties LLC
List Price
$95,000
Sold Price
$87,600
Premium/Discount to List
-$7,400
-7.79%
Current Estimated Value
$100,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,346
Avg. Annual Appreciation
5.75%
Original Mortgage
$87,600
Outstanding Balance
$84,254
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$19,101

Purchase Details

Closed on
Jan 7, 2021
Sold by
Allen Lawson Kobe and Rose Dakota
Bought by
Woods Hannah Parker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,242
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2020
Closed on
Sep 30, 2020
Sold by
Capps Joann and Martin Verlin
Bought by
Lawson Kobe Allen and Lawson Dakota Rose
Seller's Agent
Teresa Fannon
Fannon Land & Auction
Buyer's Agent
Sarah Sawyers
REMAX Results Bristol
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$67,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Jones Raymond Walter $87,600 --
Woods Hannah Parker $82,000 None Listed On Document
Lawson Kobe Allen $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Raymond Walter $87,600
Previous Owner Woods Hannah Parker $84,242
Previous Owner Lawson Kobe Allen $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $87,600 -7.8% $70 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $95,000 +15.9% $76 / Sq Ft
01/07/2022 01/07/22 Sold $82,000 -11.8% $66 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
08/01/2021 08/01/21 For Sale $92,995 +43.1% $75 / Sq Ft
10/02/2020 10/02/20 Sold $65,000 -7.0% $52 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $69,900 -- $56 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

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 $418 $56,500 $9,000 $47,500
2023 $350 $56,500 $9,000 $47,500
2022 $350 $56,500 $9,000 $47,500
2021 $350 $56,500 $9,000 $47,500
2020 $350 $95,800 $9,000 $86,800
2019 $350 $56,500 $9,000 $47,500
2018 $350 $56,500 $9,000 $47,500
2017 $350 $56,500 $9,000 $47,500
2016 $350 $56,500 $9,000 $47,500
2015 -- $51,100 $9,000 $42,100
2013 -- $51,100 $9,000 $42,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Cheryl Chandler

    New Market Realty

  • Sarah Sawyers

    Seller's Agent in 2022

    Sarah Sawyers

    RE/MAX

    (888) 316-7790

    207 Total Sales

    Sarah Sawyers
    Section Image

  • C

    Buyer's Agent in 2022

    Cassie Boyd

    Uptown Properties LLC

    (276) 880-4624

    66 Total Sales

    Cassie Boyd
    Section Image

  • S

    Buyer's Agent in 2022

    Stori Spotten

    Park Hill Realty Group, LLC

    Section Image

  • T

    Seller's Agent in 2020

    Teresa Fannon

    Fannon Land & Auction

    (276) 546-4650

    108 Total Sales

    Teresa Fannon
    Section Image

  • S

    Buyer Co-Listing Agent in 2020

    Stephanie Conner

    Powell Auction & Realty,LLC

See All Agents

Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 83655

APN: 23E-(38)-BK7,3A,4

Virginia Lee County Pennington Gap 24277

713 Oakwood Ave, Pennington Gap, VA

This home is located at 713 Oakwood Ave, Pennington Gap, VA 24277 since 29 July 2022 and is currently estimated at $100,946, approximately $81 per square foot. This property was built in 1950. 713 Oakwood Ave is a home located in Lee County.

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