NOT LISTED FOR SALE

1453 Reed Hollow Rd Gate City, VA 24251

Estimated Value: $71,000 - $219,000

2 Beds
2 Baths
1,151 Sq Ft
$117/Sq Ft Est. Value

Last Sold April 22, 2014

Last sale price $25,000 $22 Per Sq Ft

Est. 439% increase in value since last sale

Current estimated payment $779/month

305 Days on Market

Highlights

  • Wood Burning Stove
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Wood Flooring
  • Rear Porch
  • Paneling

About This Home

As of April 2014

One level Ranch with 2 car detached garage. Washer/dryer hookup on back porch. All information from a 3rd party or tax records and should not be assumed accurate. Buyer or Buyer's agent to verify all information. Property being sold " As Is" condition with no warrenties written or implied. Lender letter or Proof of Funds needed at the time of offer.

Last Agent to Sell the Property

Dawn Carter

Copper Key Properties License #231853 Listed on: 06/14/2013

Last Buyer's Agent

Amanda Harrison

Rocky Top Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $614

Year Built

  • Built in 1950

Lot Details

  • Fenced Front Yard
  • Level Lot
  • Property is in average condition
  • Property is zoned RS

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Wood Walls
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,151 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Wood Burning Stove
  • Brick Fireplace
  • Eat-In Kitchen
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Baseboard Heating
  • Spring water is a source of water for the property
  • Septic Tank

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 125 A 10.2

Home Details

Home Type

Single Family

Est. Annual Taxes

$614

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Directions: From Kingsport, go to Gate City, turn right at high school. Go straight and turn right onto Hwy. 71. Turn left just past Thriftway onto Reed Hollow Road. House is on the left.
  • Prop. Type: Residential
  • Year Built: 1950
  • Garage Garage Spaces: 1
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • 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
  • General Property Description Lot Dimensions: TBD
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1151.0
  • General Property Description Above Grade SqFt: 1151.0
  • AC Central Air: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 125 A 10.2
  • General Property Description # Fireplaces: 1
  • Style Ranch: Yes
  • General Property Description Stories2: 1
  • Roof Composition: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Walls Wood3: Yes
  • Fencing Front Yard: Yes
  • Water Spring: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Other, See Remarks
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Eat-in Kitchen
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Brick, Wood Burning Stove
  • Fireplaces: 1
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 2
  • Interior Features:Eat-in Kitchen: Yes
  • Fireplace:Brick3: Yes
  • Fireplace:Wood Burning Stove: Yes
  • BasementFoundation:Other25: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition
  • Fencing: Front Yard
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding, Other, See Remarks
  • Foundation Details: Other, See Remarks
  • Patio And Porch Features: Back
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Back: Yes

Garage/Parking

  • Parking Features: Asphalt, Detached
  • Sq Ft DetailsGarageTotalSq Ft: 720
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Baseboard, Central
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Spring
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Baseboard: Yes

Schools

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

Lot Info

  • Zoning: RS
  • Lot Dimensions: TBD
  • Parcel #: 125 A 10.2

Tax Info

  • Tax Book Number: 566

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2013
Closed on
Apr 21, 2014
Sold by
Eastman Cu
Bought by
Dockery Sammy Lee and Dockery Cindy Ann
Seller's Agent
Dawn Carter
Copper Key Properties
Buyer's Agent
Amanda Harrison
Rocky Top Realty, Inc.
List Price
$55,900
Sold Price
$25,000
Premium/Discount to List
-$30,900
-55.28%
Current Estimated Value
$134,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,710

Purchase Details

Closed on
May 8, 2013
Sold by
Boy Sandy
Bought by
Eastman Credit Union
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
Dockery Sammy Lee $25,000 None Available
Eastman Credit Union $48,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elliott Kevin Lynn $4,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2014 04/22/14 Sold $25,000 -55.3% $22 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
06/14/2013 06/14/13 For Sale $55,900 -- $49 / 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 $614 $79,700 $14,000 $65,700
2023 $614 $79,700 $14,000 $65,700
2022 $614 $79,700 $14,000 $65,700
2021 $594 $74,200 $9,500 $64,700
2020 $594 $74,200 $9,500 $64,700
2019 $540 $74,200 $9,500 $64,700
2018 $549 $74,200 $9,500 $64,700
2017 $549 $74,200 $9,500 $64,700
2016 -- $74,200 $9,500 $64,700
2015 -- $90,600 $17,400 $73,200
2014 -- $90,600 $17,400 $73,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 334951

Tennessee/Virginia Regional MLS

APN: 125-A-102