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118 Derby Ave, Pennington Gap, VA, 24277

$126,000

Home List Price

$1,496*

Closing Credit

3 Bedrooms
1 Full Bath
1,204 SqFt
$105/SqFt
House

Location

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118 Derby Ave, Pennington Gap$126,000

Buyer Closing Credits

$1,496*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Asphalt
Year Built1950
HeatingHeat Pump
CoolingHeat Pump
MLS #9968282
Lot Size0.20 Acres
StatusActive

About 118 Derby Ave

Well maintained 3 bedroom 1 bath ranch style home with an open concept living room and kitchen flow. Large size kitchen with plenty of cabinet and counter space. The master bedroom is spacious with room for any piece of furniture. Nice flat front yard with a side patio area for relaxing. Buyers and buyers agents to verify all information in this listing. Subject to errors and omissions.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1950
  • Living Area: 1,204 SqFt

Listing Office:

  • Office Name: Century 21 Bennett & Edwards
  • Office Phone: (276) 328-0034
  • Listing Agent: Tim Gardner

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Flooring Type: Laminate
  • Interior: Eat-in Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch/Covered, Porch Front, Patio

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Asphalt

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: In Pennington take S Lakewood St then turn left to Derby Ave 1st house on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $126,000
  • Price Per SqFt: $105/SqFt

Tax Information:

  • Annual Amount: $118
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Pennington Gap, VA.

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Pennington Gap, VA

City

Med. Sold Price

$190K

Med. Price/SqFt

$93

Avg. Days On Market

95

# of Sold Homes

3

118 Derby Ave vs Pennington Gap

166 DAYS ON ROCKET

+71 Days

$126,000

-$64K Less

$105/SqFt

+$11 More

KEY TAKEAWAY

This property is $64K less than the Median Sold Price and $11/SqFt more than other homes in Pennington Gap, VA.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: Tennessee/Virginia Regional MLS
  • MLS Number: #9968282

Listing Office:

  • Office Name: Century 21 Bennett & Edwards
  • Office Phone: (276) 328-0034
  • Listing Agent: Tim Gardner

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2024 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:51:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 29, 2016Home Sold
$35,000

Tax History

YEARPROP. TAXASSESSMENT
2021$118$19,100
2020 - $84,900
2019 - $19,100
2018$118$19,100
2017$118$19,100

History based on county public records data.

Payment Calculator

$696

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$444

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-824737
6
/10

  • Elk Knob Elementary School

  • 148 Hornet Loop

  • 2.59 miles

  • Public District Grades PK-4

school-card-donut-824738
6
/10

  • St. Charles Elementary School

  • 2434 Saint Charles Rd

  • 3.64 miles

  • Public District Grades PK-4

school-card-donut-824739
4
/10

  • Dryden Elementary School

  • 176 School House Ridge Rd

  • 4.68 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,627. The majority of Pennington Gap, VA residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 118 Derby Ave

What is the listing price of this property?

The listing price of 118 Derby Ave property is $126,000.

What type of property is this?

The property 118 Derby Ave is a house located in Pennington Gap, Virginia, 24277.

Is this property for sale now?

Active Listing: 118 Derby Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $118 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 29, 2016 for $35,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 118 Derby Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 118 Derby Ave is 1,204 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 118 Derby Ave is 1950.

Rocket Homes›Virginia›Lee County›Pennington Gap›24277›118 Derby Ave

This home is located at 118 Derby Ave in Pennington Gap, VA and zip code 24277. This 1,204 square foot home, which was built in 1950, sits on a 0.20 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $126,000.

Pennington Gap, VA housing market in November 2024 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 1 sold below. In November 2024 in Pennington Gap, VA there were 4.3% less homes for sale than in October 2024. While the average time on the market in November 2024 was 95 days, the median list price was $190,000.

From Rocket Homes Real Estate and based on county public records data.

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