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Sold for $189,000
  • $189,000

    523 Melrose Ln, Independence, VA 24348

    3beds
    1,260sqft
    Single Family Residence
    Built in 1950
    0.54 Acres Lot
    $188,600 Zestimate®
    $150/sqft
    $1,406 Estimated rent

    Home value

    $188,600

    $179,000 - $198,000

    $1,406/mo

    Zestimate® history
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    What's special

    Stylish new fixturesFresh mountain airNew paint throughoutFresh modern interiorBright living spacesClean and inviting feelQuiet private setting
    Welcome to this beautifully updated 3-bedroom, 1-bath home nestled in the scenic countryside of Independence. Offering the perfect balance of privacy and convenience, this charming property is an excellent opportunity for first-time buyers, downsizers, or anyone looking for a peaceful place to call home in the heart of the Blue Ridge Highlands. Step inside to discover a fresh, modern interior featuring new paint throughout, updated flooring, and stylish new fixtures that give the home a clean and inviting feel. The bright living spaces provide a comfortable layout for everyday living, while the refreshed kitchen and bath make this home move-in ready from day one. With three bedrooms, there is plenty of space for family, guests, a home office, or hobby room. Situated in a quiet, private setting, the property offers room to relax and enjoy the natural beauty that makes this area of Southwest Virginia so desirable. Enjoy your morning coffee while taking in peaceful surroundings, or spend evenings unwinding in the fresh mountain air. Despite the tranquil location, you are only minutes from grocery stores, local restaurants, schools, and daily conveniences. Outdoor enthusiasts will love being near the recreational opportunities of New River, known for kayaking, fishing, tubing, and scenic beauty. It's just minutes away from Powerhouse Falls. The nearby Mount Rogers National Recreation Area offers exceptional hiking, horseback riding, and camping opportunities, while the famous Blue Ridge Parkway is just a short drive away for breathtaking mountain views and weekend adventures. Residents also enjoy local events, music, and small-town charm throughout Grayson County. Don't miss your chance to own this move-in ready gem in beautiful Independence, Virginia.

    Zillow last checked:

    Listing updated:

    Listed by:

    Elaine Smith 540-315-0155,

    BHHS- Mountain Sky Properties-Hillsville 276-728-9500

    Bought with:

    Bailey Reynolds

    Keller Williams Realty Elite

    Source: SWVAR,MLS#: 110221MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Rooms
    • Room types: Basement
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Main
    Bathroom
    • Level: Main
    Dining room
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Basement
    • Area: 924
    Heating
    • Forced Air
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Electric Oven
    • Laundry: In Basement
    Features
    • Newer Paint
    • Flooring: Newer Floor Covering, Luxury Vinyl
    • Windows: Insulated Windows
    • Basement: Partial,Unfinished
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,184
    • Total interior livable area: 1,260 sqft
    • Finished area above ground: 1,260
    • Finished area below ground: 924

    Property

    Parking
    • Parking features: Driveway, Gravel
    Features
    • Stories: 1
    • Patio & porch: Covered, Porch
    • Exterior features: Mature Trees
    • Fencing: None
    • Has view: Yes
    • Water view: None
    • Waterfront features: None
    Lot
    • Size: 0.54 Acres
    • Features: Cleared, Level, Secluded, Views
    Details
    • Parcel number: 73A2A103
    • Zoning: N/A

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Block, Vinyl Siding
    • Foundation: Block
    • Roof: Shingle
    Condition
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Not Available

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Independence

    Financial & listing details

    • Price per square foot: $150/sqft
    • Tax assessed value: $62,000
    • Annual tax amount: $427
    • Date on market: 5/21/2026
    • Road surface type: Unimproved

    Price history

    DateEventPrice
    8/17/2026Sold$189,000-2.8%$150/sqft
    Source: SWVAR #110221 Report a problem
    7/21/2026Pending sale$194,500$154/sqft
    Source: SWVAR #110221 Report a problem
    6/29/2026Price change$194,500-2.5%$154/sqft
    Source: SWVAR #110221 Report a problem
    5/21/2026Listed for sale$199,500+155.8%$158/sqft
    Source: SWVAR #110221 Report a problem
    12/5/2025Sold$78,000-1.3%$62/sqft
    Source: SWVAR #103769 Report a problem
    10/20/2025Contingent$79,000$63/sqft
    Source: SWVAR #103769 Report a problem
    10/16/2025Listed for sale$79,000$63/sqft
    Source: SWVAR #103769 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$360 +7.4%$62,000
    2024$335 $62,000
    2023$335 $62,000
    2022$335 +13.7%$62,000 +24.2%
    2021$294 $49,900
    2020-- $49,900
    2018-- $49,900
    2017-- $49,900
    2016-- $49,900
    2015-- --
    2014-- --
    2013-- --
    2012-- --
    2010-- --
    Find assessor info on the county website

    Neighborhood: 24348

    Nearby schools

    GreatSchools rating
    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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