NOT LISTED FOR SALE

120 Harness Rd Gate City, VA 24251

Estimated Value: $398,000 - $477,915

3 Beds
2.5 Baths
2,124 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $470,000 $221 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,539/month

44 Days on Market

Highlights

  • Barn
  • Mountain View
  • 2-Story Property
  • Gate City Middle School Rated 9+
  • Fireplace in Kitchen
  • No HOA

About This Home

As of July 2024

Welcome to your dream home nestled on ten picturesque acres in Gate City, VA. This stunning brick ranch boasts three bedrooms, two and a half baths, and a seamlessly integrated updated kitchen and dining area complete with a cozy fireplace, granite countertops, and pretty wooden cabinets, perfect for family gatherings. Enjoy panoramic views of the majestic mountains from the expansive living room, ideal for relaxation and entertainment. Additional main-level features include a den with a gas fireplace, a convenient laundry room, and a functional office space.

Downstairs, the lower level offers a drive-under garage for added convenience, along with three generously-sized multipurpose rooms, providing endless possibilities. The 10 acres allows for ample storage options including a large detached garage, multiple outbuildings, a storage barn, and stalls for animals. You will have plenty of space to accommodate all your needs.

Conveniently located just off US Highway 23, this property offers easy access to East Tennessee, Southwest Virginia, and Eastern Kentucky, making it an ideal retreat for those seeking both tranquility and accessibility. Don't miss out on this exceptional opportunity to own a piece of paradise - schedule your viewing today and make this your forever home!

Last Agent to Sell the Property

Lou Britt

Blue Ridge Properties License #313463 Listed on: 03/19/2024

Last Buyer's Agent

Leah McMahan

Crossroads Realty License #263654

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,560

Year Built

  • Built in 1977

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 824 x 593
  • Fenced
  • Landscaped
  • Sloped Lot
  • Property is in good condition
  • Property is zoned RS

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • 2-Story Property
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Metal Roof

Interior Spaces

  • Paneling
  • Double Pane Windows
  • Combination Kitchen and Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Utility Room
  • Washer and Electric Dryer Hookup
  • Mountain Views
  • Finished Basement
  • Fireplace in Basement
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Shed
  • Outbuilding
  • Front Porch

Schools

  • Shoemaker Elementary School
  • Gate City Middle School
  • Gate City High School

Farming

  • Barn
  • Pasture

Utilities

  • Cooling Available
  • Heating System Uses Kerosene
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Not Listed Subdivision
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 143 A 8a

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,560

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Directions: Take US 23 toward VA, continue on 23, bypass Gate City. The property is approximately 6 miles past Gate City. Turn right on Harness Rd, driveway on right.
  • Prop. Type: Residential
  • Year Built: 1977
  • Garage Garage Spaces: 4
  • Property Sub Type: Single Family Residence
  • ResoSecurityFeatures: Security System
  • Reso Association Amenities: Landscaping
  • Subdivision Name: Not Listed
  • Architectural Style: Ranch, Traditional
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 10.0
  • General Property Description Zoning2: RS
  • General Property Description Elementary School3: Shoemaker
  • General Property Description Middle School2: Gate City
  • General Property Description High School3: Gate City
  • General Property Description HOA YN: No
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 824 X 593
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2124.0
  • General Property Description Above Grade SqFt: 1508.0
  • Appliances Refrigerators: Yes
  • General Property Description Parcel ID2: 143 A 8a
  • General Property Description # Fireplaces: 2
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • Interior Features KitchenDining Combo: Yes
  • View Mountain(s): Yes
  • TopographyLot Description Pasture2: Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Utilities Cable Available: Yes
  • Foundation Block6: Yes
  • Fireplace Basement3: Yes
  • Roof Metal3: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Other Structures Barn(s): Yes
  • Fencing Pasture3: Yes
  • Attic Pull Down Stairs: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Security Features:Security System2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Has Basement: Finished
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Eat-in Kitchen, Kitchen/Dining Combo
  • Window Features: Double Pane Windows
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 616.0
  • Fireplace Features: Basement, Den, Kitchen
  • Fireplaces: 2
  • Total Bedrooms: 11
  • General Property Description Baths - Full: 2
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • General Property Description Baths - 12: 1
  • Fireplace:Den: Yes
  • Other Rooms:Utility Room: Yes
  • Basement:Basement Finished2: Yes
  • Fireplace:Kitchen: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • Other Structures: Barn(s), Outbuilding, Shed(s)
  • View: Mountain(s)
  • Exterior Features: Pasture
  • Fencing: Pasture
  • Acres: 10.0
  • Topography: Pasture, Sloped
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Block
  • Patio And Porch Features: Back, Front Porch
  • Exterior Finish Brick4: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Pasture: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Front Porch: Yes

Garage/Parking

  • Parking Features: Driveway, Asphalt, Concrete, Garage Door Opener
  • Sq Ft DetailsGarageAttachedSq Ft: 324
  • Sq Ft DetailsGarageTotalSq Ft: 324
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Driveway: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete2: Yes
  • Other Structures:Garage(s): Yes

Utilities

  • Heating: Heat Pump, Kerosene
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Kerosene: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Shoemaker
  • High School: Gate City
  • Middle Or Junior School: Gate City

Lot Info

  • Zoning: RS
  • Lot Dimensions: 824 X 593
  • Lot Size Sq Ft: 435600.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 143 A 8a
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 498

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Jul 25, 2024
Sold by
Gillenwater Roger Allen and Gillenwater Dallas Earl
Bought by
Cowan Desiree and Cowan Bret
Seller's Agent
Lou Britt
Blue Ridge Properties
Buyer's Agent
Leah McMahan
Crossroads Realty
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Views
109
Current Estimated Value
$441,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,021
Avg. Annual Appreciation
-6.57%
Original Mortgage
$282,000
Outstanding Balance
$280,094
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$156,951
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 Buyer Sale Price Title Company
Cowan Desiree $470,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cowan Desiree $282,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $470,000 -1.1% $221 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $475,000 -- $224 / 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
2024 $1,560 $202,600 $69,000 $133,600
2023 $1,560 $202,600 $69,000 $133,600
2022 $1,560 $202,600 $69,000 $133,600
2021 $1,050 $131,200 $20,000 $111,200
2020 $1,050 $131,200 $20,000 $111,200
2019 $1,050 $131,200 $20,000 $111,200
2018 $971 $131,200 $20,000 $111,200
2017 $971 $131,200 $20,000 $111,200
2016 -- $131,200 $20,000 $111,200
2015 -- $120,500 $22,000 $98,500
2014 -- $120,500 $22,000 $98,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9963330

Tennessee/Virginia Regional MLS

APN: 143-A-8A