B
Seller's Agent in 2022
Brooke Pennington
Red Door Agency
(423) 823-1349
74 Total Sales
784 Elk Knob Rd Pennington Gap, VA 24277
Estimated Value: $106,000 - $164,000
3
Beds
1
Bath
1,582
Sq Ft
$83/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Level Lot
- 1-Story Property
- Cooling Available
- Heat Pump System
About This Home
As of August 2022Here's your chance to own for less than monthly rent! Many updates by current owner since 2018 including replacing most of the windows, new plumbing, water heater, heat pump & air exchanger (December 2021), and new countertops in the kitchen. All this plus a large, flat yard on a quiet street. Bring some paint and your vision to make it your own! Den area could be potentially used as a 4th bedroom if needed. Basement cellar access in storage room/potential garage space off of kitchen. Two parcels included in the 0.94 acres: Parcel ID/Tax ID 38-(3)-5B & Parcel ID/Tax ID 38-(3)-5A. Schedule your showing today! Lender's Pre-Approval Letter or Proof of Funds must accompany any offer. Buyer/Buyer's Agent to verify any and all info before close. Information deemed reliable, but not guaranteed. Home is being sold AS-IS.
Last Agent to Sell the Property
Red Door Agency License #TN 347985 / VA 0225247418 Listed on: 08/01/2022
Last Buyer's Agent
SARAH HOPKINS
Southern Dwellings License #360036
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $435
Year Built
- Built in 1940
Lot Details
- 0.94 Acre Lot
- Level Lot
- Property is in average condition
Home Design
- Shingle Roof
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,582 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Dirt Floor
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Elk Knob Elementary School
- Pennington Middle School
- Lee Co High School
Utilities
- Cooling Available
- Heat Pump System
- Septic Tank
- Sewer in Street
Listing and Financial Details
- Assessor Parcel Number 38-(3)-5b
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2022
Closed on
Aug 12, 2022
Sold by
Parsons Jerry R
Bought by
Spivey John and Spivey Sarah
Seller's Agent
Brooke Pennington
Red Door Agency
Buyer's Agent
SARAH HOPKINS
Southern Dwellings
List Price
$89,900
Sold Price
$77,000
Premium/Discount to List
-$12,900
-14.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,351
Avg. Annual Appreciation
19.38%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spivey John | $77,000 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2022 08/17/22 | Sold | $77,000 | -14.3% | $49 / Sq Ft |
| 08/06/2022 08/06/22 | Pending | -- | -- | -- |
| 07/18/2022 07/18/22 | For Sale | $89,900 | +190.0% | $57 / Sq Ft |
| 07/20/2018 07/20/18 | Sold | $31,000 | -51.1% | $20 / Sq Ft |
| 06/11/2018 06/11/18 | Pending | -- | -- | -- |
| 11/03/2017 11/03/17 | For Sale | $63,333 | -- | $40 / Sq Ft |
Source: Tennessee/Virginia Regional MLS
Tax History Compared to Growth
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 | $435 | $58,800 | $10,300 | $48,500 |
| 2023 | $364 | $58,800 | $10,300 | $48,500 |
| 2022 | $364 | $58,800 | $10,300 | $48,500 |
| 2021 | $364 | $58,800 | $10,300 | $48,500 |
| 2020 | $364 | $108,500 | $10,300 | $98,200 |
| 2019 | $364 | $58,800 | $10,300 | $48,500 |
| 2018 | $364 | $58,800 | $10,300 | $48,500 |
| 2017 | $364 | $58,800 | $10,300 | $48,500 |
| 2016 | $364 | $58,800 | $10,300 | $48,500 |
| 2015 | -- | $55,000 | $8,500 | $46,500 |
| 2013 | -- | $55,000 | $8,500 | $46,500 |
Source: Public Records
Agents Affiliated with this Home
-
Brooke Pennington
-
S
Buyer's Agent in 2022
SARAH HOPKINS
Southern Dwellings
-
Chris Ward
Seller's Agent in 2018
Chris Ward
Century 21 Bennett & Edwards
(276) 393-6216
72 Total Sales
-
Rex McCarty
Buyer's Agent in 2018
Rex McCarty
R-MAC Realty
(276) 690-2222
30 Total Sales
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9940908
APN: 38-(3)-5B
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