NOT LISTED FOR SALE

123 Chestnut St E Gate City, VA 24251

Estimated Value: $116,000 - $156,257

3 Beds
1 Bath
1,300 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $79,900 $61 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $811/month

27 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Front Porch
  • Deck
  • Home Office
  • Eat-In Kitchen

About This Home

As of October 2020

This charming home is conveniently located in town and just minutes from Kingsport. Completely remodeled. Custom kitchen cabinets. Newer windows. Fenced yard. Laundry on main level. Basement with workshop. Custom storage building. Nice deck to enjoy the mountain views. Curtains and rods do not convey. All information herein is deemed reliable but subject to buyer verification.

Last Agent to Sell the Property

Kristina Kilgore

Conservus Homes License #318614 Listed on: 06/21/2020

Last Buyer's Agent

Tina Carney

Prudential Realtycenter.Com License #301336

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $657

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • Property is Fully Fenced
  • Sloped Lot
  • Property is in good condition
  • Property is zoned RS

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Home Office
  • Wood Flooring
  • Mountain Views
  • Washer and Electric Dryer Hookup
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio
  • Outbuilding
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 146a2 1 9 18,19

Home Details

Home Type

Single Family

Est. Annual Taxes

$657

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Directions: From downtown Gate City, turn right onto Manville Road. Turn right onto CHestnut St. Home on right. See sign.
  • Prop. Type: Residential
  • Year Built: 1940
  • Property Sub Type: Single Family Residence
  • 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 Zoning2: RS
  • General Property Description Elementary School3: Shoemaker
  • General Property Description Middle School2: Gate City
  • General Property Description High School3: Gate City
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: per deed
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1300.0
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 146a2 1 9 18,19
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • View Mountain(s): Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Foundation Block6: Yes
  • Property Condition UpdatedRemodeled: Yes
  • RoofAsphalt: Yes
  • Fencing Full2: Yes
  • Levels One: Yes
  • Rooms:Office2: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range
  • Has Basement: Unfinished
  • Flooring: Hardwood
  • Interior Amenities: Primary Downstairs, Eat-in Kitchen, Kitchen Island, Remodeled
  • Window Features: Insulated Windows
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 1
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • InteriorFeatures:Remodeled: Yes
  • Interior Features:Kitchen Island: Yes
  • Appliances:Electric Range: Yes
  • Basement:Unfinished: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Property Condition: Above Average, Updated/Remodeled
  • Roof: Asphalt
  • Other Structures: Outbuilding
  • View: Mountain(s)
  • Fencing: Full
  • Topography: Sloped
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Back, Deck, Front Porch
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Front Porch: Yes

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

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

Lot Info

  • Zoning: RS
  • Lot Dimensions: per deed
  • Parcel #: 146a2 1 9 18,19

Tax Info

  • Tax Book Number: 501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2020
Closed on
Oct 9, 2020
Sold by
Jackson Lucy B and Jackson Christopher D
Bought by
Horner Mark Anthony
Seller's Agent
Kristina Kilgore
Conservus Homes
Buyer's Agent
Tina Carney
Prudential Realtycenter.Com
List Price
$79,900
Sold Price
$79,900
Current Estimated Value
$139,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,914
Avg. Annual Appreciation
10.89%
Original Mortgage
$80,707
Outstanding Balance
$72,591
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$59,874
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
Horner Mark Anthony $79,900 Commonwealth Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horner Mark Anthony $80,707
Previous Owner Jackson Lucy Branham $26,000
Previous Owner Jackson Lucy B $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $79,900 0.0% $61 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
06/21/2020 06/21/20 For Sale $79,900 -- $61 / 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 $657 $85,300 $18,000 $67,300
2023 $657 $85,300 $18,000 $67,300
2022 $657 $85,300 $18,000 $67,300
2021 $478 $59,800 $11,000 $48,800
2020 $478 $59,800 $11,000 $48,800
2019 $478 $59,800 $11,000 $48,800
2018 $443 $59,800 $11,000 $48,800
2017 $443 $59,800 $11,000 $48,800
2016 -- $59,800 $11,000 $48,800
2015 -- $62,900 $12,900 $50,000
2014 -- $62,900 $12,900 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9909399

Tennessee/Virginia Regional MLS

APN: 146A2-1-9-18.19