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Single Family ResidenceResidential
$121,940$83 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 84How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

116 LIBRARY ST

INDEPENDENCE, VA 24348
3
Beds
1.5
Baths
1,470 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.98 ac
Lot SizeThe size of the land the home sits on, from county records.
1948
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$122K
$103K low$141K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$121,940
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$97,552

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$520 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$89,700 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$11,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$78,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$89,700

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyGRAYSON
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1980
Lot (acres)The size of the land the home sits on, from county records.0.98
RoofThe main material covering the roof, such as asphalt shingle or tile.Metal
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.None
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.No Garage
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 420 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Grayson County High SchoolB
High · Grades 9–12 · 0.2 mi
M
Independence Middle SchoolA-
Middle · Grades 6–8 · 0.3 mi
E
Independence Elementary SchoolC
Elementary · Grades PK–5 · 0.8 mi

District: Grayson County Public Schools

Neighborhood · ZIP 24348These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.146
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.102
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.94

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.67%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.10%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.6%
PopulationHow many people live in this area.4,369
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.42 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$41,437
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$59,939
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.43 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

116 Library St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 82% of homes in Independence 24348
  • Costs less per square foot than 90% of homes in Grayson County
  • Has a smaller lot than 72% of homes in Independence 24348
  • Older than 79% of homes in Independence 24348

What homes are worth in Independence 24348

Each bar is how many homes fall in that price range. The marker is this home.

This home
$55K$864K

This home is worth more than 18% of homes in Independence 24348.

How it measures up in Independence 24348

The dot is this home. The mark in the middle is the typical home in Independence 24348.

Estimated value$121,940
CheaperTypical $224,927Pricier

Pricier than 18% of homes nearby

Price per ft²$83
CheaperTypical $160Pricier

Pricier than 11% of homes nearby

Living area1,470 ft²
SmallerTypical 1,344 ft²Bigger

Bigger than 59% of homes nearby

Lot size0.98 ac
SmallerTypical 2.05 acBigger

Bigger than 28% of homes nearby

Year built1948
OlderTypical 1972Newer

Newer than 21% of homes nearby

How 116 Library St ranks against every home in each area.
MeasureThis homeIndependence 24348Grayson County
Estimated valuepricier than$121,94018% of homes20% of homes
Price per ft²pricier than$8311% of homes10% of homes
Living areabigger than1,470 ft²59% of homes62% of homes
Lot sizebigger than0.98 ac28% of homes29% of homes
Year builtnewer than194821% of homes25% of homes

About 116 Library St

How much is 116 Library St, Independence, VA worth?

The TopHap Estimate for 116 Library St, Independence, VA is $121,940 as of Jul 14, 2026. The likely range is $102,637 to $141,243. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 116 Library St, Independence, VA last sell?

116 Library St, Independence, VA last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 116 Library St, Independence, VA?

116 Library St, Independence, VA has 3 bedrooms, 1.5 bathrooms, 1,470 square feet of living space and a 0.98-acre lot.

When was 116 Library St, Independence, VA built?

116 Library St, Independence, VA was built in 1948, making it 78 years old. The building has 1 story.

What schools serve 116 Library St, Independence, VA?

116 Library St, Independence, VA is assigned to Grayson County High School (high), rated B; Independence Middle School (middle), rated A-; Independence Elementary School (elementary), rated C. All sit in Grayson County Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 116 Library St, Independence, VA compare to other homes in Independence 24348?

Among the 2,079 homes in Independence 24348, it is worth more than 18% of them ($121,940 against a typical $224,927), its price per square foot is higher than 11% of them ($83 against a typical $160), it is bigger than 59% of them (1,470 ft² against a typical 1,344 ft²), its lot is bigger than 28% of them (0.98 ac against a typical 2.05 ac) and it is newer than 21% of them (1948 against a typical 1972). Measured against all of Grayson County, it is worth more than 20% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 116 Library St, Independence, VA?

The 2025 property tax bill for 116 Library St, Independence, VA was $520. The county assessed it at $89,700.

Closest homes

More homes in Independence 24348

Assigned schools

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