Last Sold Price
4 beds1,636 sqft$86/sqft
502 Powerhouse Rd, Independence, VA 24348

Description

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...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
LISTING CLOSED: 01/13/2026 12:00 AM

  1. Listed by Angela Brown • Brokerage DRE #0226025499 • Angela Brown & Associates
    P: (276) 233-7009 C: (276) 233-7009 abrown226@yahoo.com

Property Details for 502 Powerhouse Road

Status
MLS #
103963
Days on Market
76
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1946
Lot Size
0.05 AC / 2,352 SF
Architectural Style
Cape Cod
Zoning Description
RR

Location

Listing Courtesy of Angela Brown & Associates

Sold By Angela Brown & Associates

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Building Information for 502 Powerhouse Road

Stories-Year Built1946Building Size-Lot Size0.05 AC / 2,352 SF

Payment Calculator

$751 per month

30 year fixed, 6.55% Interest

Principal and Interest

$712

Property Taxes

$39

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 502 Powerhouse Road

Summary
Location and General 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
  • Latitude: 36.623338
  • Longitude: -81.141288
Taxes and HOA
  • Association: No
  • Parcel Number: 73A2-A-102
  • Tax Year: 2024
School Information
  • Elementary School: Independence
  • High School: Grayson County
  • Middle Or Junior School: Independence
Parking
  • Attached Garage: No
  • Parking Features: Gravel, Driveway, Paved
Property
Lot Information
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.054
Property and Assessments
  • Below Grade Unfinished Area: 1088.0
  • Building Area Total: 3387.0
  • Living Area: 1636.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1946
Building Features
  • Other Structures: Outbuilding
  • Construction Materials: Block, Vinyl Siding
  • Foundation Details: Block
  • Levels: One and One Half
  • Roof: Shingle
Farm Information
  • Other Equipment: Dehumidifier
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Lighting
  • Fencing: Privacy
  • Patio And Porch Features: Covered, Enclosed, Porch
Interior Features
  • Appliances: Dishwasher, Disposal, Microwave, Electric Water Heater, Range
  • Basement: Unfinished, Block, Full, Interior Entry, Exterior Entry
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Cooling: Ceiling Fan(s)
  • Has Cooling: Yes
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Heating: Forced Air, Oil
  • Has Heating: Yes
  • Interior Features: Ceiling Fan(s)
  • Laundry Features: Main Level
  • Water Heater: Electric
  • Window Features: Window Treatments
Room Information
Room 1
  • Level: Second
  • Type: Bathroom 1
Room 2
  • Level: First
  • Type: Living Room
Room 3
  • Level: First
  • Type: Bedroom 2
Room 4
  • Level: First
  • Type: Kitchen
Room 5
  • Type: Bathroom 4
Room 6
  • Level: First
  • Type: Bedroom 1
Room 7
  • Level: First
  • Type: Laundry
Room 8
  • Level: First
  • Type: Dining Room
Room 9
  • Type: Den
Room 10
  • Type: Bathroom 3
Room 11
  • Type: Great Room
Room 12
  • Level: First
  • Type: Bathroom 2

Property History for 502 Powerhouse Road

DateEvent & SourcePriceAppreciation
Jan 13, 2026

Closed

Southwest Virginia AOR #103963

$140,000
Jan 6, 2026

Closed (Public Record)

Public Record #1926393387

$140,000
Nov 4, 2025

Under Contract-No Show

Southwest Virginia AOR #103963

DateEvent & SourcePrice
01/13/2026

Closed

Southwest Virginia AOR #103963

$140,000
01/06/2026

Closed (Public Record)

Public Record #1926393387

$140,000
11/04/2025

Under Contract-No Show

Southwest Virginia AOR #103963

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 502 Powerhouse Road

Taxable ValueLand$11,000Additions$68,900Total$79,900
Tax Record2025$463 ($39 / month)
Home Facts
Beds3Total Finished SqFt1,658 SqFtAbove Grade Finished SqFt1,658 SqFtStories2Lot Size23,348 SqFtStyleSingle Family ResidenceYear Built1946Year Renovated1979CountyGRAYSONAPN73A2- A- - 102

Schools near 502 Powerhouse Road

This home is within Grayson County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 7
Rating
School
Distance
Independence Elementary School
PublicPK to 5

Independence Middle School
Public6 to 8

Grayson County High School
Public9 to 12

Fries Elementary
PublicPK to 7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Angela Brown & Associates

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Virginia Association of REALTORS®. 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. Real estate listings held by brokerage firms other than Compass and its related brokerages, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Virginia Association of REALTORS®. All Rights Reserved.