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106 PANNIET WAY
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Location
106 PANNIET WAY
Mblu
64/ H 1/ 1 111/ /
Acct#
8051018
Owner
MADISON III LLC
Class
MULTI FAMILY
Total Market Value
$41,800,800
Appraisal
$41,800,800
PID
51018
Building Count
6
Legal Description
MADISON VILLAGE LOT 111 22.22 ACRES
Water
Public
Sewer
Public Sewer
District
04: SHAWNEE
Current Value
Appraisal
Valuation Year
Improvements
Land
Total
2025
$40,882,600
$918,200
$41,800,800
Assessment
Valuation Year
Improvements
Land
Total
2025
$40,882,600
$918,200
$41,800,800
Owner of Record
Owner
MADISON III LLC
Co-Owner
Address
558 BENNYS BEACH RD
FRONT ROYAL, VA 22630-6963
Sale Price
$0
Instrument Year
2018
Book & Page
8207/0
Sale Date
01/01/1900
Instrument
00
Ownership History
Ownership History
Owner
Sale Price
Instrument Year
Book & Page
Instrument
Sale Date
MADISON III LLC
$0
2018
8207/0
00
01/01/1900
Building Information
Building 1 : Section 1
Year Built:
2025
Living Area:
0
Building Attributes
Field
Description
Section Style
Public Building
Model
Commercial
Grade
Grade C
Stories
1.0
Heat System
FORCED AIR
Interior Wall 1
DRYWALL
Interior Wall 2
Garage Type
Extra Fixture(s)
Fireplace(s)
Extra Kitchen(s)
Total Room(s)
10
Carport Type
Interior Floor 3
Frame Type
Roof Cover
COMP SHINGLE
Roof Type
HIP
AC Type
100%
Exterior Wall 2
Full Bath(s)
2
Foundation
CONCRETE
Exterior Wall 1
STONE
Basement
NONE
Bedroom(s)
Section Factor
Num Units
Gas Fireplace(s)
Flue(s)
Metal Flue(s)
Heat Fuel
ELECTRIC
Inop Flue/FPL
Interior Floor 1
CARPET
Interior Floor 2
CERAMIC TILE
Half Bath(s)
Stacked Fireplace(s)
Num Cars - Carport
Num Cars - Garage
Num Cars - Built In
Fin Bsmt Area
Garage Type 2
Num Cars - Garage 2
Split Foyer
No
Split Level
No
Grade Adjust
Basement Area
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
C30C
COMMUNITY CENTER - C
3,330
0
POR
PORCH
330
0
3,660
0
Building 2 : Section 1
Year Built:
2025
Living Area:
0
Building Attributes : Bldg 2 of 6
Field
Description
Section Style
Apartments
Model
Commercial
Grade
Grade B
Stories
4.0
Heat System
FORCED AIR
Interior Wall 1
DRYWALL
Interior Wall 2
Garage Type
Extra Fixture(s)
Fireplace(s)
Extra Kitchen(s)
Total Room(s)
350
Carport Type
Interior Floor 3
Frame Type
Roof Cover
COMP SHINGLE
Roof Type
GABLE
AC Type
100%
Exterior Wall 2
BRICK
Full Bath(s)
82
Foundation
CONCRETE
Exterior Wall 1
VINYL
Basement
NONE
Bedroom(s)
Section Factor
Num Units
48
Gas Fireplace(s)
Flue(s)
Metal Flue(s)
Heat Fuel
GAS
Inop Flue/FPL
Interior Floor 1
WOOD
Interior Floor 2
CARPET
Half Bath(s)
Stacked Fireplace(s)
Num Cars - Carport
Num Cars - Garage
Num Cars - Built In
Fin Bsmt Area
Garage Type 2
Num Cars - Garage 2
Split Foyer
No
Split Level
No
Grade Adjust
Basement Area
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
A03B
APARTMENT - FRAME - B
56,596
0
POR
PORCH
936
0
PORC
COMPOSITE PORCH
2,160
0
STOR
STORAGE
1,224
0
60,916
0
Building 3 : Section 1
Year Built:
2025
Living Area:
0
Building Attributes : Bldg 3 of 6
Field
Description
Section Style
Apartments
Model
Commercial
Grade
Grade B
Stories
4.0
Heat System
FORCED AIR
Interior Wall 1
DRYWALL
Interior Wall 2
Garage Type
Extra Fixture(s)
Fireplace(s)
Extra Kitchen(s)
Total Room(s)
350
Carport Type
Interior Floor 3
Frame Type
Roof Cover
COMP SHINGLE
Roof Type
GABLE
AC Type
100%
Exterior Wall 2
BRICK
Full Bath(s)
82
Foundation
CONCRETE
Exterior Wall 1
VINYL
Basement
NONE
Bedroom(s)
Section Factor
Num Units
48
Gas Fireplace(s)
Flue(s)
Metal Flue(s)
Heat Fuel
GAS
Inop Flue/FPL
Interior Floor 1
WOOD
Interior Floor 2
CARPET
Half Bath(s)
Stacked Fireplace(s)
Num Cars - Carport
Num Cars - Garage
Num Cars - Built In
Fin Bsmt Area
Garage Type 2
Num Cars - Garage 2
Split Foyer
No
Split Level
No
Grade Adjust
Basement Area
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
A03B
APARTMENT - FRAME - B
56,596
0
POR
PORCH
936
0
PORC
COMPOSITE PORCH
2,160
0
STOR
STORAGE
1,224
0
60,916
0
Building 4 : Section 1
Year Built:
2025
Living Area:
0
Building Attributes : Bldg 4 of 6
Field
Description
Section Style
Apartments
Model
Commercial
Grade
Grade B
Stories
4.0
Heat System
FORCED AIR
Interior Wall 1
DRYWALL
Interior Wall 2
Garage Type
Extra Fixture(s)
Fireplace(s)
Extra Kitchen(s)
Total Room(s)
350
Carport Type
Interior Floor 3
VINYL
Frame Type
FRAME
Roof Cover
COMP SHINGLE
Roof Type
GABLE
AC Type
100%
Exterior Wall 2
BRICK
Full Bath(s)
Foundation
CONCRETE
Exterior Wall 1
VINYL
Basement
NONE
Bedroom(s)
Section Factor
Num Units
48
Gas Fireplace(s)
Flue(s)
Metal Flue(s)
Heat Fuel
GAS
Inop Flue/FPL
Interior Floor 1
CERAMIC TILE
Interior Floor 2
CARPET
Half Bath(s)
80
Stacked Fireplace(s)
Num Cars - Carport
Num Cars - Garage
Num Cars - Built In
Fin Bsmt Area
Garage Type 2
Num Cars - Garage 2
Split Foyer
No
Split Level
No
Grade Adjust
Basement Area
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
A03B
APARTMENT - FRAME - B
56,596
0
POR
PORCH
936
0
PORC
COMPOSITE PORCH
2,160
0
STOR
STORAGE
1,224
0
60,916
0
Building 5 : Section 1
Year Built:
2026
Living Area:
0
Building Attributes : Bldg 5 of 6
Field
Description
Section Style
Apartments
Model
Commercial
Grade
Grade B
Stories
4.0
Heat System
FORCED AIR
Interior Wall 1
DRYWALL
Interior Wall 2
Garage Type
Extra Fixture(s)
Fireplace(s)
Extra Kitchen(s)
Total Room(s)
350
Carport Type
Interior Floor 3
Frame Type
FRAME
Roof Cover
COMP SHINGLE
Roof Type
HIP
AC Type
100%
Exterior Wall 2
BRICK
Full Bath(s)
82
Foundation
CONCRETE
Exterior Wall 1
VINYL
Basement
NONE
Bedroom(s)
Section Factor
Num Units
48
Gas Fireplace(s)
Flue(s)
Metal Flue(s)
Heat Fuel
GAS
Inop Flue/FPL
Interior Floor 1
WOOD
Interior Floor 2
CARPET
Half Bath(s)
Stacked Fireplace(s)
Num Cars - Carport
Num Cars - Garage
Num Cars - Built In
Fin Bsmt Area
Garage Type 2
Num Cars - Garage 2
Split Foyer
No
Split Level
No
Grade Adjust
Basement Area
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
A03B
APARTMENT - FRAME - B
56,596
0
POR
PORCH
936
0
PORC
COMPOSITE PORCH
2,160
0
STOR
STORAGE
1,224
0
60,916
0
Building 6 : Section 1
Year Built:
2026
Living Area:
0
Building Attributes : Bldg 6 of 6
Field
Description
Section Style
Apartments
Model
Commercial
Grade
Grade B
Stories
4.0
Heat System
FORCED AIR
Interior Wall 1
DRYWALL
Interior Wall 2
Garage Type
Extra Fixture(s)
Fireplace(s)
Extra Kitchen(s)
Total Room(s)
350
Carport Type
Interior Floor 3
Frame Type
FRAME
Roof Cover
COMP SHINGLE
Roof Type
HIP
AC Type
100%
Exterior Wall 2
BRICK
Full Bath(s)
82
Foundation
CONCRETE
Exterior Wall 1
VINYL
Basement
NONE
Bedroom(s)
Section Factor
Num Units
48
Gas Fireplace(s)
Flue(s)
Metal Flue(s)
Heat Fuel
GAS
Inop Flue/FPL
Interior Floor 1
WOOD
Interior Floor 2
CARPET
Half Bath(s)
Stacked Fireplace(s)
Num Cars - Carport
Num Cars - Garage
Num Cars - Built In
Fin Bsmt Area
Garage Type 2
Num Cars - Garage 2
Split Foyer
No
Split Level
No
Grade Adjust
Basement Area
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
A03B
APARTMENT - FRAME - B
56,596
0
POR
PORCH
936
0
PORC
COMPOSITE PORCH
2,160
0
STOR
STORAGE
1,224
0
60,916
0
Extra Features
Extra Features
No Data for Extra Features
Land
Land Use
Use Code
300C
Description
MULTI FAMILY - COM
Zone
RPB2
Neighborhood
Alt Land Appr
No
Category
Land Line Valuation
Size (Acres)
23.05
Frontage
0
Depth
0
Total Market Land
$918,200
Appraised Value
$918,200
Outbuildings
Outbuildings
Code
Description
Size
Value
Bldg #
PAVMT
Pavement
46546.00 UN
$93,100
2
LIGHT
Light
8.00 UN
$8,000
2
SHLT
Shelter
240.00 UN
$1,900
2
PAVMT
Pavement
7000.00 UN
$14,000
3
POOL
Pool
1560.00 UN
$78,000
1
POOLHS
Pool House
672.00 UN
$33,600
1
FEN
Fence
178.00 UN
$1,800
1
CONC
Concrete
3366.00 UN
$13,500
1
SHLT
Shelter
240.00 UN
$1,900
4
PAVMT
Pavement
30100.00 UN
$60,200
4
PAVMT
Pavement
16000.00 UN
$32,000
5
PAVMT
Pavement
55500.00 UN
$111,000
6
Valuation History
Appraisal
Valuation Year
Improvements
Land
Total
2026
$37,678,800
$918,200
$38,597,000
2025
$5,267,800
$945,800
$6,213,600
2024
$0
$924,500
$924,500
Assessment
Valuation Year
Improvements
Land
Total
2026
$37,678,800
$918,200
$38,597,000
2025
$5,267,800
$945,800
$6,213,600
2024
$0
$924,500
$924,500
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