NOT LISTED FOR SALE

84 Penny Ln Independence, VA 24348

Estimated Value: $131,000 - $251,795

3 Beds
1 Bath
1,000 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $72,000 $72 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $1,204/month

24 Days on Market

Highlights

  • 22.25 Acre Lot
  • Mature Trees
  • No HOA
  • Grayson County High School Rated 9+
  • Farmhouse Style Home
  • Covered Patio or Porch

About This Home

As of August 2018

House with 22.25 acres! Priced substantially below tax value. Needs some TLC. The property is approximately 200 ft down a seldom traveled gravel road This would make a great place for a hunter! Approximately 20 acres is wooded. If you wanted to start from scratch and build your dream home, their is several nice building spots. The property has 2 septic and 2 wells on it. The property is only about 20 mins from Galax and 5 mins from access to the New River! Pictures will show a lot of "unwanted items" in the house and around the property, but seller is in the process of cleaning it out.

Last Agent to Sell the Property

Alex Lineberry

Galax Realty Group Listed on: 07/16/2018

Last Buyer's Agent

Alex Lineberry

Galax Realty Group Listed on: 07/16/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $921

Year Built

  • Built in 1970

Lot Details

  • 22.25 Acre Lot
  • Level Lot
  • Cleared Lot
  • Mature Trees
  • Wooded Lot
  • Property is zoned None noted

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Masonite

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Flue
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Crawl Space
  • Laundry on main level
  • Property Views

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Elk Creek Elementary School
  • Independence Middle School
  • Grayson High School

Utilities

  • No Cooling
  • Space Heater
  • Natural Gas Not Available
  • Well
  • No Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$921

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 22.25
  • Lot Size: 22.25 ac. (see deed)
  • Directions: From the intersection of US-221 S/US-58 W and N Lafayette St in Galax, VA, Turn left onto US-221 S/US-58 W/ RESERVE BOULVARD for 2.8 miles. Turn right onto VA-94 N. Continue straight onto VA-274 W. Turn right onto State Rte 692. Turn Left onto State Rte 843/Penny Ln. House will be on the right. See signs.
  • Above Grade Finished Sq Ft: 1420
  • Architectural Style: Farm House
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1970
  • Kitchen Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: None, No Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Flue
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: Internet Availability Other/See Remarks
  • Living Area: 1000
  • Window Features: Wood Frames, No Window Treatments
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 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, Views, Wooded, Cleared, Rolling/Sloping
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Masonite, Dry Wall
  • Exterior Features: Other, Mature Trees
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch Covered
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Laundry Features: First Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater
  • Heating Yn: Yes
  • Sewer: Other, Septic Tank
  • Utilities: Natural Gas Not Available
  • Water Source: Other, Well

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Elk Creek
  • High School: Grayson
  • Middle Or Junior School: Independence

Lot Info

  • Lot Size Sq Ft: 969210
  • Zoning: None noted
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 921
  • Tax Map Number: 54-A-109
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
Aug 31, 2018
Sold by
Poole Wilma M
Bought by
Shue Anthony J and Shue Amber R
Seller's Agent
Alex Lineberry
Galax Realty Group
Buyer's Agent
Alex Lineberry
Galax Realty Group
List Price
$89,900
Sold Price
$72,000
Premium/Discount to List
-$17,900
-19.91%
Current Estimated Value
$206,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,155
Avg. Annual Appreciation
14.23%
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
Shue Anthony J $72,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $72,000 -19.9% $72 / Sq Ft
08/12/2018 08/12/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $89,900 -- $90 / 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 $897 $166,100 $98,000 $68,100
2023 $1,113 $166,100 $98,000 $68,100
2022 $922 $166,100 $98,000 $68,100
2021 $1,138 $156,300 $98,000 $58,300
2020 $1,123 $156,300 $98,000 $58,300
2019 $922 $156,300 $98,000 $58,300
2018 $922 $156,300 $98,000 $58,300
2017 $922 $156,300 $98,000 $58,300
2016 -- $156,300 $98,000 $58,300
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Alex Lineberry

    Galax Realty Group

See All Agents

Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 65761

APN: 54-A-109

Virginia Grayson County Independence 24348

84 Penny Ln, Independence, VA

This home is located at 84 Penny Ln, Independence, VA 24348 since 16 July 2018 and is currently estimated at $179,949, approximately $179 per square foot. This property was built in 1970. 84 Penny Ln is a home located in Grayson County with nearby schools including Grayson County High School.

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