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 YearImprovementsLandTotal
2025$40,882,600$918,200$41,800,800
Assessment
Valuation YearImprovementsLandTotal
2025$40,882,600$918,200$41,800,800

Owner of Record
OwnerMADISON III LLC
Co-Owner
Address558 BENNYS BEACH RD
FRONT ROYAL, VA 22630-6963
Sale Price$0
Instrument Year2018
Book & Page 8207/0
Sale Date01/01/1900
Instrument00

Ownership History
Ownership History
OwnerSale PriceInstrument YearBook & PageInstrumentSale Date
MADISON III LLC$020188207/00001/01/1900

Building Information
Building 1 : Section 1
Year Built: 2025
Living Area: 0
Building Attributes
FieldDescription
Section StylePublic Building
ModelCommercial
GradeGrade C
Stories1.0
Heat SystemFORCED AIR
Interior Wall 1DRYWALL
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 CoverCOMP SHINGLE
Roof TypeHIP
AC Type100%
Exterior Wall 2 
Full Bath(s)2
FoundationCONCRETE
Exterior Wall 1STONE
BasementNONE
Bedroom(s) 
Section Factor 
Num Units 
Gas Fireplace(s) 
Flue(s) 
Metal Flue(s) 
Heat FuelELECTRIC
Inop Flue/FPL 
Interior Floor 1CARPET
Interior Floor 2CERAMIC 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 FoyerNo
Split LevelNo
Grade Adjust 
Basement Area 
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
C30CCOMMUNITY CENTER - C 3,330 0
PORPORCH 330 0
   3,660 0
Building 2 : Section 1
Year Built: 2025
Living Area: 0
Building Attributes : Bldg 2 of 6
FieldDescription
Section StyleApartments
ModelCommercial
GradeGrade B
Stories4.0
Heat SystemFORCED AIR
Interior Wall 1DRYWALL
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 CoverCOMP SHINGLE
Roof TypeGABLE
AC Type100%
Exterior Wall 2BRICK
Full Bath(s)82
FoundationCONCRETE
Exterior Wall 1VINYL
BasementNONE
Bedroom(s) 
Section Factor 
Num Units48
Gas Fireplace(s) 
Flue(s) 
Metal Flue(s) 
Heat FuelGAS
Inop Flue/FPL 
Interior Floor 1WOOD
Interior Floor 2CARPET
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 FoyerNo
Split LevelNo
Grade Adjust 
Basement Area 
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
A03BAPARTMENT - FRAME - B 56,596 0
PORPORCH 936 0
PORCCOMPOSITE PORCH 2,160 0
STORSTORAGE 1,224 0
   60,916 0
Building 3 : Section 1
Year Built: 2025
Living Area: 0
Building Attributes : Bldg 3 of 6
FieldDescription
Section StyleApartments
ModelCommercial
GradeGrade B
Stories4.0
Heat SystemFORCED AIR
Interior Wall 1DRYWALL
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 CoverCOMP SHINGLE
Roof TypeGABLE
AC Type100%
Exterior Wall 2BRICK
Full Bath(s)82
FoundationCONCRETE
Exterior Wall 1VINYL
BasementNONE
Bedroom(s) 
Section Factor 
Num Units48
Gas Fireplace(s) 
Flue(s) 
Metal Flue(s) 
Heat FuelGAS
Inop Flue/FPL 
Interior Floor 1WOOD
Interior Floor 2CARPET
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 FoyerNo
Split LevelNo
Grade Adjust 
Basement Area 
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
A03BAPARTMENT - FRAME - B 56,596 0
PORPORCH 936 0
PORCCOMPOSITE PORCH 2,160 0
STORSTORAGE 1,224 0
   60,916 0
Building 4 : Section 1
Year Built: 2025
Living Area: 0
Building Attributes : Bldg 4 of 6
FieldDescription
Section StyleApartments
ModelCommercial
GradeGrade B
Stories4.0
Heat SystemFORCED AIR
Interior Wall 1DRYWALL
Interior Wall 2 
Garage Type 
Extra Fixture(s) 
Fireplace(s) 
Extra Kitchen(s) 
Total Room(s)350
Carport Type 
Interior Floor 3VINYL
Frame TypeFRAME
Roof CoverCOMP SHINGLE
Roof TypeGABLE
AC Type100%
Exterior Wall 2BRICK
Full Bath(s) 
FoundationCONCRETE
Exterior Wall 1VINYL
BasementNONE
Bedroom(s) 
Section Factor 
Num Units48
Gas Fireplace(s) 
Flue(s) 
Metal Flue(s) 
Heat FuelGAS
Inop Flue/FPL 
Interior Floor 1CERAMIC TILE
Interior Floor 2CARPET
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 FoyerNo
Split LevelNo
Grade Adjust 
Basement Area 
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
A03BAPARTMENT - FRAME - B 56,596 0
PORPORCH 936 0
PORCCOMPOSITE PORCH 2,160 0
STORSTORAGE 1,224 0
   60,916 0
Building 5 : Section 1
Year Built: 2026
Living Area: 0
Building Attributes : Bldg 5 of 6
FieldDescription
Section StyleApartments
ModelCommercial
GradeGrade B
Stories4.0
Heat SystemFORCED AIR
Interior Wall 1DRYWALL
Interior Wall 2 
Garage Type 
Extra Fixture(s) 
Fireplace(s) 
Extra Kitchen(s) 
Total Room(s)350
Carport Type 
Interior Floor 3 
Frame TypeFRAME
Roof CoverCOMP SHINGLE
Roof TypeHIP
AC Type100%
Exterior Wall 2BRICK
Full Bath(s)82
FoundationCONCRETE
Exterior Wall 1VINYL
BasementNONE
Bedroom(s) 
Section Factor 
Num Units48
Gas Fireplace(s) 
Flue(s) 
Metal Flue(s) 
Heat FuelGAS
Inop Flue/FPL 
Interior Floor 1WOOD
Interior Floor 2CARPET
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 FoyerNo
Split LevelNo
Grade Adjust 
Basement Area 
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
A03BAPARTMENT - FRAME - B 56,596 0
PORPORCH 936 0
PORCCOMPOSITE PORCH 2,160 0
STORSTORAGE 1,224 0
   60,916 0
Building 6 : Section 1
Year Built: 2026
Living Area: 0
Building Attributes : Bldg 6 of 6
FieldDescription
Section StyleApartments
ModelCommercial
GradeGrade B
Stories4.0
Heat SystemFORCED AIR
Interior Wall 1DRYWALL
Interior Wall 2 
Garage Type 
Extra Fixture(s) 
Fireplace(s) 
Extra Kitchen(s) 
Total Room(s)350
Carport Type 
Interior Floor 3 
Frame TypeFRAME
Roof CoverCOMP SHINGLE
Roof TypeHIP
AC Type100%
Exterior Wall 2BRICK
Full Bath(s)82
FoundationCONCRETE
Exterior Wall 1VINYL
BasementNONE
Bedroom(s) 
Section Factor 
Num Units48
Gas Fireplace(s) 
Flue(s) 
Metal Flue(s) 
Heat FuelGAS
Inop Flue/FPL 
Interior Floor 1WOOD
Interior Floor 2CARPET
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 FoyerNo
Split LevelNo
Grade Adjust 
Basement Area 
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
A03BAPARTMENT - FRAME - B 56,596 0
PORPORCH 936 0
PORCCOMPOSITE PORCH 2,160 0
STORSTORAGE 1,224 0
   60,916 0

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code300C
DescriptionMULTI FAMILY - COM  
ZoneRPB2
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)23.05
Frontage0
Depth0
Total Market Land$918,200
Appraised Value$918,200

Outbuildings
Outbuildings
CodeDescriptionSizeValueBldg #
PAVMTPavement46546.00 UN$93,1002
LIGHTLight8.00 UN$8,0002
SHLTShelter240.00 UN$1,9002
PAVMTPavement7000.00 UN$14,0003
POOLPool1560.00 UN$78,0001
POOLHSPool House672.00 UN$33,6001
FENFence178.00 UN$1,8001
CONCConcrete3366.00 UN$13,5001
SHLTShelter240.00 UN$1,9004
PAVMTPavement30100.00 UN$60,2004
PAVMTPavement16000.00 UN$32,0005
PAVMTPavement55500.00 UN$111,0006
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
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 YearImprovementsLandTotal
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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