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261 Powerhouse Road

261 Powerhouse Road, Independence, VA 24348
House in Grayson
261 Powerhouse Road has been categorized by the local assessors in Independence, VA as a type of property. The building on the property was first built in 1955 and is 71 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 is one partial bathroom in the home. The building has a total of 100 stories. In addition, 261 Powerhouse Road has 1,394 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 22,216 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. For the features and amenities located on the property. There is a for those who require parking. The garage measured 567 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a . Moving on to the building itself. The condition of the building has been evaluated as . The building has a style roof made of . The exterior walls of the building are made of . While the interior walls have been made of . As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing and being fueled with . Finally, the property is currently sourcing its water from system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 261 Powerhouse Road sold most recently in Feb 1, 2023 for a total of $209,000. If you work out the math, that's approximately a cost of $149.93 per sqft. 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 $35,370 in taxes each year. 261 Powerhouse Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $65,500. If we break it down further, the land itself was valued at $11,000. Improvements to the property, however, were assessed at a total of $54,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Vinyl Siding

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230202
02/02/2023
3 Bed
2 Bath
1394 ft²
$200,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1394 ft²
-
-
Keith Clark
BHHS- Mountain Sky Properties-Hillsville


Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 4
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 567
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,216
  • Total Building Area: 1,394
  • Gross Building Area: 1,394
  • Building Area: 1,394
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,394
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000510
  • Standard Land Use Code: 1001
  • County Land Use Code: 10
  • Legal Description 1: .51 73A2-A-63

Neighborhood

  • School District Name: Grayson County Public Schools
  • Census Tract: 060201

Zoning

  • Zoning: TOWN

Geography

  • Account Number: 3317
  • Parcel: 73A2- A- - 63
  • Municipality: INDEPENDENCE
  • Latitude: 36.6227
  • Longitude: -81.1442

    Address

  • Full Address: 261 Powerhouse Rd
  • Address - House Number: 261
  • Address - Street Name: Powerhouse
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Independence
  • Carrier Code: R002
  • 4-Digit Zip Code: 3991
  • Zip Code: 24348

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $35,370

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 78
  • Final Value: 191,725
  • High Value: 223,759
  • Low Value: 159,691

    Market Valuation

  • Market Total Value: $65,500
  • Market Land Value: $11,000
  • Market Improvement Value: $54,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,500
  • Assessed Land Value: $11,000
  • Assessed Improvements Value: $54,500

    Sales

  • Current Sale Contract Date: Feb 01, 2023
  • Current Sale Recording Date: Feb 01, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 158
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Independence



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Frequently Asked Questions

What neighborhood is 261 Powerhouse Road located in?
The 261 Powerhouse Road is a house located in the neighborhood of Grayson in Independence, Independence.
What is the average sales price for listings in 261 Powerhouse Road?
The average sales price for units in 261 Powerhouse Road is $0 currently.