8 months on rocket

40736 W Morgan Ave, Pennington Gap, VA, 24277

$89,900

Home List Price

$1,068*

Closing Credit

2 Bedrooms
2 Full Baths
1,279 SqFt
$70/SqFt
House

Location

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40736 W Morgan Ave, Pennington Gap$89,900

Buyer Closing Credits

$1,068*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingBasement, Off-Street Parking
Year Built1960
HeatingCentral, Heat Pump, Propane, Electric
CoolingCentral Air
BasementYes
FireplaceBrick, Gas Log
MLS #1258436
Lot Size0.22 Acres
StatusActive

About 40736 W Morgan Ave

This charming home has so much potential with 2 bedrooms, 2 baths, dining room, kitchen, family room, laundry room and unfinished basement. Den could actually serve as 3rd bedroom. City water and city sewer service this home as well as central heat and air and a metal roof. Convenient location to downtown Pennington Gap, close to the hospital and within walking distance to stores, restaurants and banks. Make an appointment to see this home today. Per seller: Home is being sold as is.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1960
  • Living Area: 1,279 SqFt

Listing Office:

  • Office Name: Coldwell Banker Bisceglia Real
  • Office Phone: (606) 248-4932

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Laminate, Hardwood, Vinyl
  • Fireplace: Brick, Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Windows - Vinyl, Doors - Storm

Parking Information:

  • Attached Garage: No
  • Parking: Basement, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Rolling/Hilly
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump, Propane, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Jonesville property is on the right 40736 W Morgan Ave GPS available.

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,900
  • Price Per SqFt: $70/SqFt

Tax Information:

  • Annual Amount: $316
  • 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

40736 W Morgan Ave vs Pennington Gap

259 DAYS ON ROCKET

+164 Days

$89,900

-$100.1K Less

$70/SqFt

-$24 Less

KEY TAKEAWAY

This property is $100.1K less than the Median Sold Price and $24/SqFt less than other homes in Pennington Gap, VA.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1258436

Listing Office:

  • Office Name: Coldwell Banker Bisceglia Real
  • Office Phone: (606) 248-4932

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
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, 11:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$316$51,100
2020 - $97,400
2019 - $51,100
2018$316$51,100
2017$316$51,100

History based on county public records data.

Payment Calculator

$516

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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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-818085
6
/10

  • Elk Knob Elementary School

  • 148 Hornet Loop

  • 3.13 miles

  • Public District Grades PK-4

school-card-donut-818086
6
/10

  • St. Charles Elementary School

  • 2434 Saint Charles Rd

  • 3.71 miles

  • Public District Grades PK-4

school-card-donut-818087
4
/10

  • Dryden Elementary School

  • 176 School House Ridge Rd

  • 5.93 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 $31,860. Typical income of Pennington Gap, VA residents is less than $35k annually. The majority of families are 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 40736 W Morgan Ave

What is the listing price of this property?

The listing price of 40736 W Morgan Ave property is $89,900.

What type of property is this?

The property 40736 W Morgan Ave is a house located in Pennington Gap, Virginia, 24277.

Is this property for sale now?

Active Listing: 40736 W Morgan 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 $316 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 40736 W Morgan Ave has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 40736 W Morgan Ave is 1,279 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40736 W Morgan Ave is 1960.

Rocket Homes›Virginia›Lee County›Pennington Gap›24277›40736 W Morgan Ave

This home is located at 40736 W Morgan Ave in Pennington Gap, VA and zip code 24277. This 1,279 square foot home, which was built in 1960, sits on a 0.22 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 06, 2024 and is currently priced at $89,900.

In November 2024, from all listings sold in Pennington Gap, VA there were more than 1 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price. In November 2024 in Pennington Gap, VA there were 4.3% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $190,000, while the average time on the real estate market was 95 days.

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

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