Nice home offering 4BR/2BA with Classic Character! Discover timeless charm and great potential in this spacious and charming 4-bedroom, 2-bath Cape Cod home located within town limits of Independence. Near schools, shopping and dining. Built in 1946, this classic property offers the character of an older home with several updates already completed — including a newer roof that has resolved previous leaks. A newer hot water heater and tilt windows. Features include: Beautiful hardwood floors (some areas show wear/pet stains) Large, bright living spaces with ample natural light Spacious master bath with generous layout Plenty of closet space — a rare find in homes of this era! Full basement for extra storage or workshop area Privacy-fenced yard great for your children or pets. Two older storage sheds (in need of repair or removal) Garden area and a circular driveway for easy access. Updates & TLC Opportunities: The home would benefit greatly from fresh interior paint, some ceiling tile replacement in the master bathroom, and cosmetic touch-ups to ceilings from past leaks (roof already replaced). With its solid structure, great layout, and unbeatable location, this home is perfect for buyers looking to add personal touches and make it shine again. Offered as-is. Bring your vision and make this Cape Cod gem your own! Priced to sell at only 139,900
Pending
$139,900
502 Powerhouse Rd, Independence, VA 24348
4beds
1,636sqft
Est.:
Single Family Residence
Built in 1946
2,352.24 Square Feet Lot
$139,100 Zestimate®
$86/sqft
$-- HOA
What's special
Garden areaPrivacy-fenced yardCircular drivewaySpacious master bathTwo older storage shedsLarge bright living spacesBeautiful hardwood floors
- 58 days |
- 7 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: November 05, 2025 at 01:38pm
Listed by:
Angela Brown 276-233-7009,
Angela Brown & Associates
Source: SWVAR,MLS#: 103963
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Basement
Primary bedroom
- Level: Second
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Bedroom 4
- Level: Second
Bathroom
- Level: Second
Bathroom 2
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Basement
- Area: 1088
Heating
- Forced Air, Oil
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Microwave, Range/Oven, Electric Water Heater
Features
- Ceiling Fan(s), Paneling, High Speed Internet
- Flooring: Carpet, Laminate, Vinyl
- Windows: Metal, Single Pane, Window Treatments
- Basement: Full,Interior Entry,Exterior Entry,Unfinished
- Has fireplace: Yes
- Fireplace features: Flue
Interior area
- Total structure area: 2,724
- Total interior livable area: 1,636 sqft
- Finished area above ground: 1,729
- Finished area below ground: 1,658
Video & virtual tour
Property
Parking
- Parking features: None, Gravel, Paved
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Porch, Porch Covered
- Exterior features: Garden, Mature Trees, Lighting
- Fencing: Privacy,Wood
- Water view: None
- Waterfront features: None
Lot
- Size: 2,352.24 Square Feet
- Features: Level
Details
- Additional structures: Outbuilding
- Parcel number: 73A2A102
- Zoning: RR
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Block, Vinyl Siding, Dry Wall, Plaster
- Foundation: Block, Permanent
- Roof: Shingle
Condition
- Exterior Condition: Good,Interior Condition: Average
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Not Available
Community & HOA
HOA
- Has HOA: No
- Services included: None
Location
- Region: Independence
Financial & listing details
- Price per square foot: $86/sqft
- Tax assessed value: $79,900
- Annual tax amount: $551
- Date on market: 10/30/2025
- Road surface type: Paved
Estimated market value
$139,100
$132,000 - $146,000
$1,910/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2025 | Pending sale | $139,900$86/sqft |
Source:  SWVAR #103963 Report a problem | ||
| 10/30/2025 | Listed for sale | $139,900$86/sqft |
Source: SWVAR #103963 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $431 | $79,900 |
| 2023 | $431 | $79,900 |
| 2022 | $431 +2.7% | $79,900 +12.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$791/mo
Principal & interest
$670
Property taxes
$72
Home insurance
$49
Climate risks
Neighborhood: 24348
Nearby schools
GreatSchools rating
- 5/10Independence Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10Independence Middle SchoolGrades: 6-8Distance: 0.3 mi
- 8/10Grayson County High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Independence
- Middle: Independence
- High: Grayson County
Source: SWVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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