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111 Nolan Avenue

111 Nolan Avenue, Pennington Gap, VA 24277
Property in Lee
Sold Apr 16, 2020
$70,000
$56,000 by Powell Valley National Bank
Mortgage
111 Nolan Avenue has been categorized by the local assessors in Pennington Gap, VA as a residential type of property. The building on the property was first built in 1981 and is 43 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 27,893 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as fair. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 111 Nolan Avenue sold most recently in Apr 16, 2020 for a total of $70,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $383 in taxes each year. 111 Nolan Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $61,900. If we break it down further, the land itself was valued at $7,000. Improvements to the property, however, were assessed at a total of $54,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: D
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 27,893
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.64
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LTS 1,2,3,4 NEW PLAT LOTS 11,12 OLD PLAT CECIL ADD

Ownership

  • Current Owner : COLEMAN MELISSA
  • Current Owner 2: RUTHERFORD HANNAH CAITLIN
  • Previous Owner : SCOTT JERRY
  • Previous Owner 2: SCOTT SUSAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lee County Public Schools
  • Census Tract: 950301

Geography

  • Account Number: 6392
  • District: 82
  • Parcel: 23E-(2)-BK10,1-4
  • Municipality: TOWN OF PENNINGTON GAP
  • Latitude: 36.7535
  • Longitude: -83.0422

    Address

  • Full Address: 111 Nolan Ave
  • Address - House Number: 111
  • Address - Street Name: Nolan
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Pennington Gap
  • Carrier Code: C001
  • 4-Digit Zip Code: 2870
  • Zip Code: 24277

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $383

    Appraisal Valuation

  • Standard Deviation: 0.1015
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 79
  • Final Value: 145,246
  • High Value: 159,990
  • Low Value: 130,501

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $56,000
  • First Open Lien Mortgage Lender: POWELL VALLEY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Apr 16, 2020
  • First Open Lien Mortgage Loan Amount: $56,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $61,900
  • Market Land Value: $7,000
  • Market Improvement Value: $54,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,900
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $54,900

    Sales

  • Current Sale Contract Date: Apr 16, 2020
  • Current Sale Recording Date: Apr 16, 2020
  • Current Sale Transaction ID: 11804834383
  • Current Sale Price: $70,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2003483

    Last Sale Mortgage

  • First Mortgage Lender: POWELL VALLEY NATIONAL BANK
  • First Mortgage Transaction Date: Apr 16, 2020
  • First Mortgage Loan Amount: $56,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Pennington Gap



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Frequently Asked Questions

What neighborhood is 111 Nolan Avenue located in?
The 111 Nolan Avenue is a located in the neighborhood of Lee in Pennington Gap, Pennington Gap.
What is the average sales price for listings in 111 Nolan Avenue?
The average sales price for units in 111 Nolan Avenue is $0 currently.

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