523 Melrose Ln, Independence, VA 24348
Home value
$188,600
$179,000 - $198,000
$1,406/mo
Owner options
$1,406/mo
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$1,157/mo
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Zillow last checked:
Listing updated:
Elaine Smith 540-315-0155,
BHHS- Mountain Sky Properties-Hillsville 276-728-9500
Bailey Reynolds
Keller Williams Realty Elite
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
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Sold | $189,000-2.8%$150/sqft |
Source: | ||
| 7/21/2026 | Pending sale | $194,500$154/sqft |
Source: | ||
| 6/29/2026 | Price change | $194,500-2.5%$154/sqft |
Source: | ||
| 5/21/2026 | Listed for sale | $199,500+155.8%$158/sqft |
Source: | ||
| 12/5/2025 | Sold | $78,000-1.3%$62/sqft |
Source: | ||
| 10/20/2025 | Contingent | $79,000$63/sqft |
Source: | ||
| 10/16/2025 | Listed for sale | $79,000$63/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | -- |
Neighborhood: 24348
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Nearby schools
GreatSchools rating
- 5/10Independence Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 7/10Independence Middle SchoolGrades: 6-8Distance: 0.3 mi
- 7/10Grayson 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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- Virginia
- Grayson County
- Independence
- 24348
- 523 Melrose Ln