NOT LISTED FOR SALE

Tbd Hickory Flats Rd Pennington Gap, VA 24277

Estimated Value: $44,000 - $107,000

1.4 Acres
$60,000 Price per Acre
60,984 Sq Ft Lot

Last Sold December 18, 2023

Last sale price $22,000

Est. 282% increase in value since last sale

Current estimated payment $462/month

546 Days on Market

Highlights

  • Pasture Views
  • Pasture
  • Level Lot
  • No HOA

About This Lot

As of December 2023

Beautiful 1.396 acre surveyed level lot on the corner of Hickory Flats Rd and Melzoni Rd. in the Woodway section of Pennington Gap. This would be a great location to build your dream. Public water at the road. Perk test for standard septic transfers to buyer.

Last Agent to Sell the Property

Brenda Hill

Appalachian Realty Executives, LLC License #0225080332,310750 Listed on: 08/08/2023

Appalachian Realty Executives, LLC

Last Buyer's Agent

Linda Massengill

Re/Max Action Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $56

Lot Details

  • 1.4 Acre Lot
  • Property fronts a state road
  • Level Lot
  • Cleared Lot
  • Property is in average condition

Property Views

  • Pasture Views

Schools

  • Elk Knob Elementary School
  • Pennington Middle School
  • Lee Co High School

Farming

  • Pasture
  • Livestock

Utilities

  • No Utilities
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 38-(10)-1

Property Details

Property Type

Land

Est. Annual Taxes

$56

Lot Details

0

Listing Details

  • Directions: From Hwy 421 between Pennington Gap toward US 58. Turn right onto Old Woodway Rd. Turn left onto Hickory Flats Rd. Property is on the left on the corner of Hickory Flats Rd and Melzoni Rd.
  • Prop. Type: Land
  • Road Surface Type: Gravel
  • Road Frontage Type: 2 Lane Road, State Road
  • Subdivision Name: Not In Subdivision
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 38-(10)-1
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.4
  • General Property Description Zoning2: RESIDENTIAL
  • General Property Description Elementary School3: Elk Knob
  • General Property Description Middle School2: Pennington
  • General Property Description High School3: Lee Co
  • General Property Description HOA YN: No
  • Lot Features Level3: Yes
  • Water Public: Yes
  • TopographyLot Description Cleared: Yes
  • General Property Description Lot Size SqFt: 60810.0
  • Lot Features Pasture4: Yes
  • Permitted Livestock: Yes
  • Sewer None16: Yes
  • Property Condition Average: Yes
  • Other Features Pasture5: Yes
  • Road Access State Road: Yes
  • View Pasture6: Yes
  • Utilities None21: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Average
  • Lot Features: Level, Pasture, Cleared
  • View: Pasture
  • Acres: 1.4

Utilities

  • Sewer: None, See Remarks
  • Utilities: None
  • Water Source: Public, See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Elk Knob
  • High School: Lee Co
  • Middle Or Junior School: Pennington

Lot Info

  • Zoning: RESIDENTIAL
  • Lot Dimensions: 1.396 ACRES
  • Lot Size Sq Ft: 60810.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 38-(10)-1
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Dec 18, 2023
Sold by
Allen Stanley Gregory
Bought by
Kennedy Teresa
Seller's Agent
Brenda Hill
Appalachian Realty Executives, LLC
Buyer's Agent
Linda Massengill
Re/Max Action Associates
List Price
$22,000
Sold Price
$22,000
Views
66
Current Estimated Value
$84,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,000
Avg. Annual Appreciation
141.35%
Original Mortgage
$18,700
Outstanding Balance
$14,012
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$82,655

Purchase Details

Closed on
Nov 1, 2016
Sold by
Melzoni Barbara
Bought by
Stanley Roy
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
Kennedy Teresa -- None Listed On Document
Stanley Roy $5,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Teresa $18,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $22,000 0.0% --
10/16/2023 10/16/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $22,000 0.0% --
04/23/2023 04/23/23 Pending -- -- --
04/18/2022 04/18/22 For Sale $22,000 -72.5% --
12/18/2021 12/18/21 Sold $80,000 -11.1% --
12/17/2021 12/17/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $90,000 -- --
Source: Tennessee/Virginia Regional MLS

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 $56 $7,500 $7,500 $0
2023 $46 $7,500 $7,500 $0
2022 $46 $7,500 $7,500 $0
2021 $46 $7,500 $7,500 $0
2020 $46 $7,500 $7,500 $0
2019 $46 $7,500 $7,500 $0
2018 $46 $7,500 $7,500 $0
2017 $46 $7,500 $7,500 $0
2016 $46 $7,500 $7,500 $0
2015 -- $7,500 $7,500 $0
2013 -- $7,500 $7,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9936591

Tennessee/Virginia Regional MLS

APN: 38-(10)-1