NOT LISTED FOR SALE

101 Gilley Ave E Big Stone Gap, VA 24219

Estimated Value: $102,000 - $139,000

2 Beds
1 Bath
1,039 Sq Ft
$112/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $35,000 $34 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $673/month

556 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Cooling Available
  • Cottage
  • Double Pane Windows
  • Level Lot

About This Home

As of September 2017

Nice 2 bedroom, 1 bath vinyl sided home with partial unfinished storage basement on a corner lot. Has been used as offices for the past 30 years. Can easily be reverted back to residential. Carpet over hardwood floors. Double pane windows, shingled roof, heat pump, public water and sewer. Private parking off street.

Last Agent to Sell the Property

Brenda Hill

Appalachian Realty Executives, LLC License #0225080332,310750 Listed on: 01/05/2016

Appalachian Realty Executives, LLC

Last Buyer's Agent

Steve Boles

SVN I Wood Properties License #210302

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $493

Year Built

  • Built in 1942

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot
  • Property is in average condition
  • Property is zoned COMM/IND

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,039 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Covered Patio or Porch

Schools

  • Powell Valley Elementary And Middle School
  • Union High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 000117

Home Details

Home Type

Single Family

Est. Annual Taxes

$493

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Directions: From US 23 N, take 1st Big Stone Gap exit. Turn Left toward downtown onto Gilley Ave. Go to traffic light #3. Go straight through traffic light on Gilley Ave. Go 4 blocks. Property is on the Right.
  • Prop. Type: Residential
  • Year Built: 1942
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.2
  • General Property Description Zoning2: COMM/IND
  • General Property Description Elementary School3: Powell Valley
  • General Property Description Middle School2: Powell Valley
  • General Property Description High School3: Union
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: W 1/2 OF 16, 17
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1039.0
  • General Property Description Above Grade SqFt: 1039.0
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 000117
  • General Property Description # Fireplaces: 1
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Utilities Cable Connected: Yes
  • Foundation Block6: Yes
  • Property Condition Average: Yes
  • Basement Block4: Yes
  • RoofAsphalt: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Has Basement: Block, Interior Entry
  • Flooring: Carpet, Hardwood, Laminate
  • Interior Amenities: Laminate Counters
  • Window Features: Double Pane Windows
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 1
  • Interior Features:Laminate Counters: Yes
  • Fireplace:Living Room: Yes
  • Basement:Interior Entry: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Asphalt
  • Acres: 0.2
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Block, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Porch
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Porch: Yes

Garage/Parking

  • Parking Features: Gravel, None
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Fireplace(s), Heat Pump
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Fireplace(s): Yes

Schools

  • Elementary School: Powell Valley
  • High School: Union
  • Middle Or Junior School: Powell Valley

Lot Info

  • Zoning: COMM/IND
  • Lot Dimensions: W 1/2 OF 16, 17
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 000117
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2022
Sold by
Sampson Ethan G and Sampson Tessa G
Bought by
Barnett Jacop
Current Estimated Value
$115,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,920
Outstanding Balance
$82,384
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$33,572

Purchase Details

Listed on
Jan 5, 2016
Closed on
Sep 12, 2017
Sold by
Wright John and Mcconnell Lisa
Bought by
Mullins Tessa G and Sampson Ethan
Seller's Agent
Brenda Hill
Appalachian Realty Executives, LLC
Buyer's Agent
Steve Boles
SVN I Wood Properties
List Price
$56,600
Sold Price
$35,000
Premium/Discount to List
-$21,600
-38.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.31%
Original Mortgage
$10,500
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Barnett Jacop $86,920 Leonard D Rogers Pc
Mullins Tessa G $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnett Jacop $86,920
Previous Owner Mullins Tessa G $10,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2017 09/22/17 Sold $35,000 -38.2% $34 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
01/04/2016 01/04/16 For Sale $56,600 -- $54 / Sq Ft
Source: Tennessee/Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $493 $71,400 $8,300 $63,100
2024 $493 $71,400 $8,300 $63,100
2023 $493 $71,400 $8,300 $63,100
2022 $389 $56,400 $8,300 $48,100
2021 $328 $47,600 $7,500 $40,100
2020 $328 $47,600 $7,500 $40,100
2019 $328 $47,600 $7,500 $40,100
2018 $295 $47,600 $7,500 $40,100
2017 $0 $47,600 $7,500 $40,100
2016 $0 $56,600 $15,000 $41,600
2015 -- $56,600 $15,000 $41,600
2010 -- $56,600 $15,000 $41,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Brenda Hill

    Appalachian Realty Executives, LLC

    (276) 393-1942

    30 in this area

    115 Total Sales

    Brenda Hill
    Section Image

  • S

    Buyer's Agent in 2017

    Steve Boles

    SVN I Wood Properties

  • M

    Buyer's Agent in 2017

    MICHELLE CHILDRESS

    Appalachian Realty Executives, LLC

    (276) 393-1489

    25 in this area

    143 Total Sales

    MICHELLE CHILDRESS
    Section Image

  • G

    Buyer's Agent in 2017

    GENNY MORRISON

    Regions Bank

See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 371559

Tennessee/Virginia Regional MLS

APN: R000117

Virginia Wise County Big Stone Gap 24219

101 Gilley Ave E, Big Stone Gap, VA

This home is located at 101 Gilley Ave E, Big Stone Gap, VA 24219 since 05 January 2016 and is currently estimated at $115,956, approximately $111 per square foot. This property was built in 1942. 101 Gilley Ave E is a home located in Wise County with nearby schools including King's Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing information is deemed reliable, but not guaranteed.

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