SOLD JAN 13, 2026

Off Market Jan 2026 for $140K

$157,504

Est. refi paymentEst. refi $896/mo

•

1,636

sq ft

502 Powerhouse Rd, Independence, VA 24348

About this home

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

Single-familyProperty Type

1946Year Built

2,352 sq ftLot Size

$96Est. Price/Sq.Ft.

Listed by Angela Brown • Angela Brown & Associates

Contact: 2767732256

Bought with Angela Brown • Angela Brown & Associates

Redfin checked: 2 minutes ago

•Source:SWVAR #103963

Redfin Estimate

$157,504

$18K since sold in January 2026$20K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 23.4% lower than the average sale price ($206K) of 6 comparable homes.

SOLD JUL 22, 2026
$195,000
A
3 beds2 baths1,755 sq ft
409 S Independence Ave, Independence, VA 24348
SOLD JUL 20, 2026
$189,900
B
3 beds2 baths1,620 sq ft
6805 Wilson Hwy, Independence, VA 28348
SOLD AUG 17, 2026
$189,000
C
3 beds1 bath1,260 sq ft
523 Melrose Ln, Independence, VA 24348
SOLD JUN 22, 2026
$250,000
D
3 beds2 baths1,560 sq ft
59 Memorial Park Dr, Sparta, NC 28675
SOLD JUN 18, 2026
$270,000
E
3 beds2 baths1,260 sq ft
1083 Comers Rock Rd, Elk Creek, VA 24326
SOLD SEP 15, 2025
$140,000
F
3 beds1 bath1,442 sq ft
201 Hilltop Dr, Independence, VA 24348

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Earn from this home

Refinance

Est. cash available

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Rent

$2,551/mo

Redfin rental estimate

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Market trends in 24348, VA

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

93.8%

1.8% MoM

Median sale price

$311K

$21K MoM

Avg. days on market

57d

7 days MoM

Recently sold homes

1 MoM

Provided by Redfin

Sale history for 502 Powerhouse Rd

Year

Property tax

Land + Additions

Assessment*

2025

$320 (−25.9%)

$11,000 + $68,900

$79,900

2024

$431 (+228.2%)

$11,000 + $68,900

$79,900

2023

$131 (−69.5%)

$11,000 + $68,900

$79,900

2022

$431 (+2.7%)

$11,000 + $68,900

$79,900

2021

$420 (+1.7%)

$11,000 + $60,200

$71,200

2020

$413 (+3.6%)

$11,000 + $60,200

$71,200

2019

$399 (+14.3%)

$11,000 + $60,200

$71,200

2018

$349

$11,000 + $60,200

$71,200

2017

$349 (−1.2%)

$11,000 + $60,200

$71,200

2012

$353

$12,000 + $60,100

$72,100

Tax history for 502 Powerhouse Rd

Year

Property tax

Land + Additions

Assessment*

2025

$320 (−25.9%)

$11,000 + $68,900

$79,900

2024

$431 (+228.2%)

$11,000 + $68,900

$79,900

2023

$131 (−69.5%)

$11,000 + $68,900

$79,900

2022

$431 (+2.7%)

$11,000 + $68,900

$79,900

2021

$420 (+1.7%)

$11,000 + $60,200

$71,200

2020

$413 (+3.6%)

$11,000 + $60,200

$71,200

2019

$399 (+14.3%)

$11,000 + $60,200

$71,200

2018

$349

$11,000 + $60,200

$71,200

2017

$349 (−1.2%)

$11,000 + $60,200

$71,200

2012

$353

$12,000 + $60,100

$72,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

1.5

Lot width

—

Lot depth

—

Lot size

0.54 Acres

Year renovated

1979

Sq. Ft.

1,658

Year built

1946

Style

Single Family Residential

County

Grayson County

APN

73A2- A- - 102

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

Property details

Parking

Parking/Garage Information
Parking Features: None, Gravel, Driveway, Paved

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 2

Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s), None
Has Heating
Heating: Forced Air, Oil

Interior Features
Interior Features: Ceiling Fan(s)
Window Features: Window Treatments
Appliances: Dishwasher, Disposal, Microwave, Electric Water Heater, Range
Flooring: Carpet, Laminate, Vinyl, Wood

Room Information
Laundry Features: Main Level
Has Basement
Basement Details: Unfinished, Block, Full, Interior Entry, Exterior Entry

Exterior

Exterior Features
Exterior Features: Lighting
Patio And Porch Features: Covered, Enclosed, Porch
Fencing: Privacy
Roof: Shingle

Building Information
Levels: One and One Half
Construction Materials: Block, Vinyl Siding
Foundation Details: Block

Property Features
Security Features: Closed Circuit Camera(s)
Other Equipment: Dehumidifier
Other Structures: Outbuilding

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family

Lot Information
Lot Features: Cleared, Level
Lot Size Acres: 0.054
Zoning Description: RR

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Location

HOA Information
Association Amenities: None

Schools Information
Elementary School: Independence
Middle Or Junior School: Independence
High School: Grayson County

Location Information
Directions: FROM THE INTERSECTION OF HIGHWAYS 21 AND 58 IN INDEPENDENCE TURN ONTO HIGHWAY 58 EAST FOR .06 MILES, TURN LEFT ONTO LOCUST AVE FOR 70 FEET THEN TURN RIGHT ONTO POWERHOUSE RD. TRAVEL .03 MILES PROPERTY WILL BE ON THE RIGHT. SEE SIGN
Subdivision Name: N/A

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,658
Stories: 1.5
Lot Size: 0.54 acres
Style: Single Family Residential
Year Built: 1946
Year Renovated: 1979
County: Grayson County
APN: 73A2- A- - 102

Home facts updated by county records on Aug 10, 2026

Other

Listing Information
AttributionContact: 2767732256

Around this home

Schools

Independence Elementary School

Public PreK-5 • Assigned • 0.2mi

5/10

Independence Middle School

Public 6-8 • Assigned • 0.3mi

7/10

Grayson County High School

Public 9-12 • Assigned • 0.3mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.46% chance of being in a wildfire in next 30 years

2/10 Heat Factor

7 days above 92° expected this year, 20 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Independence, VA • 24348

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.5 hours in June and 4.7 hours in December, placing it below the U.S. average for solar exposure.

8.5 hrs

4.7 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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Home values near 502 Powerhouse Rd

Data from public records.

Address	Redfin Estimate
430 Powerhouse Rd, Independence, VA 2 Beds \| 1 Baths \| 794 Sq. Ft.	$108,348
412 Powerhouse Rd, Independence, VA 2 Beds \| 1 Baths \| 768 Sq. Ft.	$118,432

Address	Redfin Estimate
413 Powerhouse Rd, Independence, VA 2 Beds \| 1 Baths \| 742 Sq. Ft.	$104,666
529 Powerhouse Rd, Independence, VA 3 Beds \| 1 Baths \| 1023 Sq. Ft.	$156,851

Address	Redfin Estimate
523 Powerhouse Rd, Independence, VA 2 Beds \| 1 Baths \| 1378 Sq. Ft.	$145,412
420 Powerhouse Rd, Independence, VA 3 Beds \| 1 Baths \| 972 Sq. Ft.	$122,168

Property information provided by SWVAR when last listed in 2025. This data may not match . Learn more.

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