$15,000
SOLD JAN 22, 2025

116 Market Ave Iron Gate, VA 24448

3 Beds
1 Bath
1,071 Sq Ft
1.59 Acres

Recently Sold

$14 Per Sq Ft

33% Below List Price

69 Days on Market

Highlights

  • 1.59 Acre Lot
  • Covered Patio or Porch
  • Views
  • No HOA

About This Home

As of January 2025

Located in the Gateway to the Highlands - here's your Gateway to Potential! Tear it down or let your imagination run wild with this RUSTIC and I mean RUSTIC property. Enjoy picturesque views of the town and surrounding mountains, and let your imagination run wild. Billboard lease on property.

Last Agent to Sell the Property

Garland Humphries, Jr

HIGHLANDS REALTY & ASSOCIATES LLC License #0225051318 Listed on: 10/25/2024

Last Buyer's Agent

Garland Humphries, Jr

HIGHLANDS REALTY & ASSOCIATES LLC License #0225051318 Listed on: 10/25/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $96

Year Built

  • Built in 1925

Lot Details

  • 1.59 Acre Lot
  • Lot Sloped Up

Interior Spaces

  • 1,071 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Covered Patio or Porch
  • No Cooling

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$96

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Heating System: Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Cooling System: No Cooling System
  • Outside Features: Covered Porch
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 607.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1071
  • Major Area: 27 - Alleghany County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2025-01-02
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 1071
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1071.00
  • UpperAboveGrdFin Sq Ft: 464.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Schools

  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Lot Description: Up Slope, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.59

Building Info

  • Year Built: 1925

Tax Info

  • Taxes (6 mo): 94.00
  • FILLTAXID: 044F2-01-000-0200

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 1989
Bought by
Dowd Ronald Lee and Dowd Bartsch
Current Estimated Value
$50,026
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2025 01/22/25 Sold $15,000 -24.6% $14 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
12/30/2024 12/30/24 Price Changed $19,900 -11.6% $19 / Sq Ft
10/25/2024 10/25/24 For Sale $22,500 -- $21 / Sq Ft
Source: Roanoke Valley 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 $96 $13,200 $9,200 $4,000
2023 $96 $13,200 $9,200 $4,000
2022 $96 $13,200 $9,200 $4,000
2021 $96 $13,200 $9,200 $4,000
2020 $96 $13,200 $9,200 $4,000
2019 $96 $13,200 $9,200 $4,000
2018 $122 $17,200 $9,200 $8,000
2017 $122 $17,200 $9,200 $8,000
2016 $122 $17,200 $9,200 $8,000
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2025

    Garland Humphries, Jr

    HIGHLANDS REALTY & ASSOCIATES LLC

    (540) 969-6904

    61 in this area

    130 Total Sales

    Garland Humphries, Jr
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 911970

Roanoke Valley Association of REALTORS®

APN: 044F2-01-000-0200

Virginia Alleghany County Iron Gate 24422

116 Market Ave, Iron Gate, VA

This home is located at 116 Market Ave, Iron Gate, VA 24448 and is currently priced at $15,000, approximately $14 per square foot. This property was built in 1925. 116 Market Ave is a home located in Alleghany County with nearby schools including Clifton Middle School, Sharon Elementary School, and Alleghany 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.

Roanoke Valley 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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