NOT LISTED FOR SALE

1056 Gates Bass Rd Rice, VA 23966

Estimated Value: $472,000 - $487,186

5 Beds
3.5 Baths
2,950 Sq Ft
$162/Sq Ft Est. Value

Last Sold May 09, 2024

Last sale price $472,500 $160 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,694/month

40 Days on Market

Highlights

  • Lake Front
  • Deck
  • 2 Car Garage
  • 6.43 Acre Lot
  • Screened Porch
  • Satellite Dish

About This Home

As of May 2024

Pristine property with gorgeous views of the Sandy River Reservoir! The home offers 5 bedrooms, 3.5 baths and over 2,900 square feet. Walk up the concrete walkway and onto your covered front porch. As you open the door to this dream home, you are greeted with sparkling wood floors, an open living and dining area with French doors leading out to the screened porch that offers breathtaking sunsets over the water. The kitchen is bright and airy and has a gas range, prep counter and a pantry. The main bedroom w/ensuite is on the first floor and has a walk-in closet. There are 3 bedrooms upstairs that share a full bath. The full walk-out basement offers an additional living area, bedroom, kitchenette, laundry and storage area. Outside on the 6.43 acres there is fencing for kids or pets, a massive 40x30 garage w/electric, storage sheds, beautiful landscaping, peach & fig trees and grape vines. The home comes with a generator, tankless gas water heater and the heat pumps were replaced in 2017. Come start making your memories here today.

Last Agent to Sell the Property

Larry Atkins

State Wide Realty Brokerage Email: 4343926163, info@vastatewiderealty.com License #0225108792 Listed on: 01/04/2024

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,283

Year Built

  • Built in 2003

Lot Details

  • 6.43 Acre Lot
  • Lake Front

Parking

  • 2 Car Garage
  • Gravel Driveway
  • Open Parking

Home Design

  • Brick Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,950 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Screened Porch

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck

Utilities

  • Heat Pump System
  • Well
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,283

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Attribution Contact: 4343926163, info@vastatewiderealty.com
  • Prop. Type: Residential
  • Year Built: 2003
  • Property Sub Type: Off Frame Modular,Residential
  • Lot Size Acres: 6.43
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Off Frame Modular
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Washer, Dryer, Gas Water Heater
  • Has Basement: Finished, Full, Walk-Out Access
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 2950
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Acreage Range (5 to 9)
  • Waterfront Features: Lake, Waterfront
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck, Screened

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Gravel, 2 Car Garage, Detached
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Heating: Heat Pump
  • Laundry Features: In Basement
  • Heating Yn: Yes
  • Water Source: Well

Lot Info

  • Zoning: AG
  • Lot Size Sq Ft: 280090.8
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
May 8, 2024
Sold by
Patten George and Patten Ruth
Bought by
Brown Michael and Brown Caprina
Seller's Agent
Larry Atkins
State Wide Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$469,900
Sold Price
$472,500
Premium/Discount to List
$2,600
0.55%
Views
150
Current Estimated Value
$478,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,047
Avg. Annual Appreciation
0.96%
Original Mortgage
$354,375
Outstanding Balance
$349,977
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$128,570

Purchase Details

Listed on
May 16, 2017
Closed on
Apr 25, 2017
Sold by
Tran George M T and Tran Kathryn S
Bought by
Patten George and Patten Ruth
Seller's Agent
Linda Yoder
Yoder Properties, Inc.
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Source: Public Records

Range of Values:

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Average Value
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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
Brown Michael $472,500 Wfg National Title
Patten George $320,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Michael $354,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Off Market $469,900 -- --
05/09/2024 05/09/24 Sold $472,500 +0.6% $160 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $469,900 +46.8% $159 / Sq Ft
05/16/2017 05/16/17 Sold $320,000 -- $112 / Sq Ft
Source: South Central Association of REALTORS®

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
2024 $1,283 $251,500 $43,700 $207,800
2023 $1,207 $251,500 $43,700 $207,800
2022 $1,207 $251,500 $43,700 $207,800
2021 $1,207 $251,500 $43,700 $207,800
2020 $969 $190,000 $41,700 $148,300
2019 $969 $190,000 $41,700 $148,300
2018 $969 $190,000 $41,700 $148,300
2017 $969 $190,000 $41,700 $148,300
2016 $959 $188,000 $41,700 $146,300
2015 $921 $188,000 $41,700 $146,300
2014 $1,147 $244,100 $52,200 $191,900
2013 $1,025 $244,100 $52,200 $191,900
Source: Public Records

Agents Affiliated with this Home

  • Larry Atkins

    Seller's Agent in 2024

    Larry Atkins

    State Wide Realty

    (434) 392-6163

    18 in this area

    514 Total Sales

    Larry Atkins
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member Agent

    Non Member Office

  • Linda Yoder

    Seller's Agent in 2017

    Linda Yoder

    Yoder Properties, Inc.

    (434) 391-3737

    1 in this area

    89 Total Sales

    Linda Yoder
    Section Image
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Map

Source: South Central Association of REALTORS®

MLS Number: 52209

South Central Association of REALTORS®

APN: 054-A-31

Virginia Prince Edward County Rice 23966

1056 Gates Bass Rd, Rice, VA

This home is located at 1056 Gates Bass Rd, Rice, VA 23966 since 04 January 2024 and is currently estimated at $478,547, approximately $162 per square foot. This property was built in 2003. 1056 Gates Bass Rd is a home located in Prince Edward County with nearby schools including Prince Edward Elementary School, Prince Edward Middle School, and Prince Edward County High School.

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.

South Central Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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