NOT LISTED FOR SALE

1168 Drum Hill Rd Gates, NC 27937

Estimated Value: $206,000 - $377,080

3 Beds
2 Baths
1,769 Sq Ft
$174/Sq Ft Est. Value

Sale Details

Date Sold: April 25, 2022

Last sale price $360,000 $204 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $1,765 / mo

6 Days on Market

Highlights

  • Barn
  • No HOA
  • 1-Story Property
  • 28.74 Acre Lot
  • Fenced Yard
  • Central Air

About This Home

As of April 2022

Must see this lovely horse farm conveniently located right at the VA/NC line. 28.74 acres w/multiple pastures complete with 4-strand electric fencing, 2 separate barns with 2 stalls each & hay hut. Additional outbuildings for equipment and supplies. Home has had too many improvements to list, new roof, HVAC, Plumbing to name a few. ask for the Improvements Document! Fenced in area for dogs. Chicken Coop. Home has 3 Bedrooms, 2 Baths, Huge family room and Large laundry room. Approximately 8 acres are cleared with the remainder wooded. Home is occupied Need 24 hr notice to show. Call today!

Last Agent to Sell the Property

T.K. Warden

RE/MAX Coastal Associates License #170337 Listed on: 03/01/2022

Last Buyer's Agent

Holly Long

The Real Estate Group Carolina Properties License #240904

The Real Estate Group Carolina Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,178

Year Built

  • Built in 1940

Lot Details

  • 28.74 Acre Lot
  • Fenced Yard

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Attic Access Panel
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 1 Car Detached Garage
  • Dirt Driveway

Farming

  • Barn

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,178

Year Built

Built in 1940

Lot Details

28.74 Acres

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, See Remarks, Microwave - Built-In
  • Total Real Estate Property Taxes: 1178.00
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Wash/Dry Connect
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Stories Levels: One

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Barn(s)
  • Fencing: Back Yard, Partial
  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Detached Garage Spaces: 1.00
  • Parking Driveway: Dirt

Utilities

  • Cooling System: Central
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Roanoke Electric
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: No

Lot Info

  • Deed Page: 920.00
  • Lot Acres: 28.74
  • Lot Number: 5
  • Lot Sq Ft: 1251914.40
  • Lot Water Features: None

Tax Info

  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
Mar 18, 2022
Sold by
Bought by
Seller's Agent
T.K. Warden
RE/MAX Coastal Associates
Buyer's Agent
Holly Long
The Real Estate Group Carolina Properties
Sold Price
$360,000
Current Estimated Value
$307,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,730
Avg. Annual Appreciation
-3.79%
Original Mortgage
$324,000
Outstanding Balance
$303,527
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$3,743

Purchase Details

Listed on
Jan 26, 2018
Closed on
Apr 2, 2018
Sold by
Bought by
Seller's Agent
KIM JORDAN-LANE
CORNERSTONE PROPERTIES
Buyer's Agent
Sally Seller
Non Member Office
List Price
$89,900
Sold Price
$79,900
Premium/Discount to List
-$10,000
-11.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.53%
Original Mortgage
$104,840
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2017
Sold by
Bought by

Purchase Details

Closed on
Jun 26, 2017
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 2015
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$360,000 None Listed On Document
$80,000 None Available
-- None Available
-- None Available
$126,075 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $324,000
Previous Owner $104,840
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2022 07/25/22 Off Market $360,000 -- --
04/25/2022 04/25/22 Sold $360,000 +350.6% $204 / Sq Ft
05/18/2018 05/18/18 Sold $79,900 -11.1% $51 / Sq Ft View Prior Sale
03/09/2018 03/09/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $89,900 -- $57 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,606 $196,489 $108,456 $88,033
2024 $1,542 $149,077 $94,081 $54,996
2023 $1,542 $149,077 $94,081 $54,996
2022 $1,542 $149,077 $94,081 $54,996
2021 $1,468 $149,077 $94,081 $54,996
2020 $1,468 $149,077 $94,081 $54,996
2019 $1,455 $14,750,800 $9,251,200 $5,499,600
2018 $1,171 $147,508 $92,512 $54,996
2017 $1,208 $147,508 $0 $0
2016 -- $155,511 $0 $0
2015 -- $155,511 $0 $0
2014 -- $155,511 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    T.K. Warden

    RE/MAX

  • Holly Long

    Buyer's Agent in 2022

    Holly Long

    The Real Estate Group Carolina Properties

    (757) 615-3335

    164 Total Sales

    Holly Long
    Section Image

  • K

    Seller's Agent in 2018

    KIM JORDAN-LANE

    CORNERSTONE PROPERTIES

  • S

    Buyer's Agent in 2018

    Sally Seller

    Non Member Office

  • A

    Buyer's Agent in 2018

    A Non Member

    Berkshire Hathaway HomeServices Carolina Premier Properties

See All Agents

Map

Source: Hive MLS

MLS Number: 8107035

Hive MLS

APN: 04-00558

North Carolina Gates County Gates 27937

1168 Drum Hill Rd, Gates, NC

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Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2026 Hive MLS LLC

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