NOT LISTED FOR SALE

954 Penn Ford Ln Independence, VA 24348

Estimated Value: $98,000 - $158,534

3 Beds
1 Bath
1,812 Sq Ft
$75/Sq Ft Est. Value

Sale Details

Date Sold: December 20, 2021

Last sale price $100,000 $55 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $768 / mo

34 Days on Market

Highlights

  • Horses Allowed On Property
  • 5 Acre Lot
  • Mature Trees
  • Home fronts a creek
  • Creek or Stream View
  • Farm

About This Home

As of December 2021

Cozy home with 5 acres out in the country. A nice mixture of wooded and open land. Potential mini farm. Limited traffic. This three bedroom, 1 bath home is in good condition and ready for you to call home. Multiple heat sources. Large yard for children to play and a sizable garden. A small creek runs through the property. Small storage building, excellent for garden equipment and a lawn mower.

Last Agent to Sell the Property

Felicia Hash

New River Realty 1, Inc. License #0225236694 Listed on: 10/19/2021

Last Buyer's Agent

Felicia Hash

New River Realty 1, Inc. License #0225236694 Listed on: 10/19/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $569

Year Built

  • Built in 1941

Lot Details

  • 5 Acre Lot
  • Home fronts a creek
  • Level Lot
  • Cleared Lot
  • Mature Trees
  • Wooded Lot
  • Garden
  • Property is in good condition
  • Property is zoned Rural Farm

Home Design

  • Cottage
  • Block Foundation
  • Fire Rated Drywall
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,812 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Flue
  • Tilt-In Windows
  • Living Room
  • Vinyl Flooring
  • Creek or Stream Views
  • Oven or Range

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • Gravel Driveway
  • Open Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Independence Elementary School
  • Grayson Middle School
  • Grayson High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Wood
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Satellite Dish

Additional Features

  • Farm
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$569

Year Built

Built in 1941

Lot Details

5 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 5
  • Lot Size: 5 acres
  • Road Surface Type: Paved
  • Directions: From the intersection of US-21N and US-58W in Independence, Va, travel West on US-58 5 miles. Turn left onto Penn Ford Ln. Travel 1 mile to property on the right. See sign.
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1941
  • Kitchen Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Washer, Refrigerator, Dryer, Electric Water Heater
  • Other Equipment: Satellite Dish
  • Has Basement: Exterior Entry, Partial
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None, Flue
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: Ceiling Fan(s), High Speed Internet
  • Living Area: 1812
  • Window Features: Tilt Windows, No Window Treatments
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Second
  • Room Bedroom2 Level: First
  • Bathroom Level: First

Exterior Features

  • Lot Features: Rolling/Sloping, Wooded, Cleared, Level, Farm
  • View: Creek
  • View: Yes
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Dry Wall
  • Exterior Features: Horses Allowed, Garden, Mature Trees
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch Covered
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: First Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Floor Furnace, Forced Air, Wood/Coal
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Not Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Sq Ft: 217800
  • Zoning: Rural Farm
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 569.41
  • Tax Map Number: 72-A-51
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Dec 18, 2021
Sold by
Horton Adam G
Bought by
Kennedy Peter William and Kennedy Tamela Sue
Seller's Agent
Felicia Hash
New River Realty 1, Inc.
Buyer's Agent
Felicia Hash
New River Realty 1, Inc.
List Price
$100,000
Sold Price
$100,000
Current Estimated Value
$135,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,134
Avg. Annual Appreciation
7.15%
Original Mortgage
$80,000
Outstanding Balance
$72,643
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$62,491

Purchase Details

Listed on
Oct 19, 2021
Closed on
Dec 16, 2021
Sold by
Horton Adam G
Bought by
Kennedy Peter William and Kennedy Tamela Sue
Seller's Agent
Felicia Hash
New River Realty 1, Inc.
Buyer's Agent
Felicia Hash
New River Realty 1, Inc.
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$72,643
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$62,491
Source: Public Records
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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
Kennedy Peter William $100,000 Appalachian Title
Kennedy Peter William $100,000 Appalachian Title & Stlmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Peter William $80,000
Closed Kennedy Peter William $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $100,000 0.0% $55 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $100,000 -- $55 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

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 $620 $63,300 $34,500 $28,800
2024 $342 $63,300 $34,500 $28,800
2023 $558 $63,300 $34,500 $28,800
2022 $353 $63,300 $34,500 $28,800
2021 $569 $59,900 $34,500 $25,400
2020 $563 $59,900 $34,500 $25,400
2019 $450 $59,900 $34,500 $25,400
2018 $450 $59,900 $34,500 $25,400
2017 $450 $59,900 $34,500 $25,400
2016 -- $59,900 $34,500 $25,400
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 80478

APN: 72 - A- - 51

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