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138 South Ford Street

138 South Ford Street, Pennington Gap, VA 24277
House in Lee
Sold Oct 21, 2021
$62,500
$63,822 by Quicken Loans Inc
Mortgage Due Aug 01, 2051
Sold Jul 19, 2021
$65,000
$63,822 by Quicken Loans Inc
Mortgage Due Aug 01, 2051
138 South Ford Street in Pennington Gap, VA was first built in 1941 and is 83 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. In total, the area measurement of the land is 13,740 square feet.

Learn more about the property and building on this page. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. As for heating, the home is utilizing a central heating system. 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, 138 South Ford Street sold most recently in Oct 19, 2021 for a total of $62,500. Before that, the property was also sold for $65,000 in Jul 6, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $395 in taxes each year. 138 South Ford Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $63,900. If we break it down further, the land itself was valued at $14,000. Improvements to the property, however, were assessed at a total of $49,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,740
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.315
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LT 27-30

Ownership

  • Current Owner : MEADE DEBORAH LYNN
  • Previous Owner : HINES BETTY J
  • Owner Before Previous Owner: MIDDLETON CHESIREE SIMPSON
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Oct 13, 2023

Neighborhood

  • School District Name: Lee County Public Schools
  • Census Tract: 950302

Geography

  • Account Number: 5944
  • District: 82
  • Parcel: 23E-(16)-BK5,27-30
  • Lot: 27-30
  • Municipality: TOWN OF PENNINGTON GAP
  • Latitude: 36.7552
  • Longitude: -83.0307

    Address

  • Full Address: 138 S Ford St
  • Address - House Number: 138
  • Street Direction: S
  • Address - Street Name: Ford
  • Address - Suffix Type: St
  • State: VA
  • City Name: Pennington Gap
  • Carrier Code: C001
  • 4-Digit Zip Code: 2302
  • Zip Code: 24277

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $395

    Appraisal Valuation

  • Standard Deviation: 0.1015
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 79
  • Final Value: 70,984
  • High Value: 78,189
  • Low Value: 63,778

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $65,991
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Jul 19, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $63,822
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: May 30, 2023
  • Second Open Lien Mortgage Loan Amount: $2,169
  • Second Open Lien Mortgage Term: 338
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $63,900
  • Market Land Value: $14,000
  • Market Improvement Value: $49,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,900
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $49,900

    Sales

  • Current Sale Contract Date: Oct 19, 2021
  • Current Sale Recording Date: Oct 21, 2021
  • Current Sale Transaction ID: 11861277029
  • Current Sale Price: $62,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2112277
  • Previous Sale Recording Date: Jul 19, 2021
  • Previous Sale Contract Date: Jul 06, 2021
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Jul 19, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $63,822
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2051

About Pennington Gap



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Frequently Asked Questions

What neighborhood is 138 South Ford Street located in?
The 138 South Ford Street is a house located in the neighborhood of Lee in Pennington Gap, Pennington Gap.
What is the average sales price for listings in 138 South Ford Street?
The average sales price for units in 138 South Ford Street is $0 currently.

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