NOT LISTED FOR SALE

147 Gateway Dr Richlands, VA 24641

Estimated Value: $243,000 - $265,126

4 Beds
3 Baths
2,175 Sq Ft
$116/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $161,000 $74 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,422/month

33 Days on Market

Highlights

  • Mature Trees
  • No HOA
  • 2 Car Detached Garage
  • Newly Painted Property
  • Balcony
  • Bay Window

About This Home

As of December 2020

Beautiful 4 bed, 3 bath home in the heart of Richlands. Large living room, dining room, and kitchen with loads of cabinet and counter space. The kitchen has ceramic tile flooring featuring a beautiful mosaic design and updated counter tops. The master bedroom has a beautiful balcony overlooking the backyard, a perfect place to start your morning off right with a cup of coffee. There is a large two car detached garage with an unfinished area above that's perfect for storage. The possibilities are endless!

Last Agent to Sell the Property

Brandon Davis

Landmark Realty License #0225239779 Listed on: 09/10/2020

Last Buyer's Agent

Brandon Davis

Landmark Realty License #0225239779 Listed on: 09/10/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,227

Year Built

  • Built in 1949

Lot Details

  • 1.1 Acre Lot
  • Level Lot
  • Mature Trees
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Open Parking

Home Design

  • Newly Painted Property
  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,175 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Ventless Fireplace
  • Tilt-In Windows
  • Window Treatments
  • Bay Window
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Balcony

Schools

  • Richlands Elementary And Middle School
  • Richlands High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,227

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.1
  • Lot Size: 1.1
  • Directions: Traveling West from Intersection of Route 19/460 Claypool Hill take the first Cedar Bluff exit. Travel approximately 2.5 miles to Gateway Dr. on your left just past Richlands High School. Turn left directly at the carwash onto Gateway Dr. This is the last house on the left of Gateway Dr.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • Building Stories: 2
  • Year Built: 1949
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Ventless
  • Fireplace: Yes
  • Flooring: Tile, Vinyl
  • Interior Amenities: Walk-In Closet(s), Ceiling Fan(s), Newer Paint, Cable High Speed Internet
  • Living Area: 2175
  • Main Level Bathrooms: 1
  • Window Features: Bay Window(s), Tilt Windows, Some Window Treatments
  • Room Bedroom4 Area: 184.4444
  • Bathroom 2 Area: 113.2153
  • Room Bedroom4 Level: Upper
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 193.9583
  • Master Bedroom Master Bedroom Level: Upper
  • Bathroom 3 Area: 125
  • Room Bedroom2 Area: 107.5069
  • Room Bedroom3 Level: Upper
  • Master Bedroom Master Bedroom Width: 10.8333
  • Room Family Room Area: 280.7917
  • Bathroom 2 Level: Upper
  • Room Bedroom2 Level: Upper
  • Room Family Room Level: Upper
  • Bathroom 3 Level: Main
  • Room Living Room Area: 240
  • Room Kitchen Area: 184.25
  • Bathroom Level: Upper
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 255.4861
  • Room Dining Room Area: 195

Exterior Features

  • Lot Features: Level, Rolling/Sloping
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Dry Wall
  • Exterior Features: Balcony, Mature Trees
  • Property Condition: Exterior Condition: Fair, Interior Condition: Good
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Gravel, Detached
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Upper Level
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Propane
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Richlands
  • High School: Richlands
  • Middle Or Junior School: Richlands

Lot Info

  • Lot Size Sq Ft: 47916
  • Zoning: R
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1227.38
  • Tax Lot: NA
  • Tax Map Number: 106A1A0010
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Reynolds Lawrence Jessica
Bought by
Wess Darrell Elizabeth and Wess Katherine Elizabeth
Current Estimated Value
$252,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$233,660
Interest Rate
6.67%
Mortgage Type
VA
Estimated Equity
$18,372

Purchase Details

Listed on
Sep 10, 2020
Closed on
Dec 7, 2020
Sold by
Looney Justin K
Bought by
Lawrence Jessica Reynolds
Seller's Agent
Brandon Davis
Landmark Realty
Buyer's Agent
Brandon Davis
Landmark Realty
List Price
$170,000
Sold Price
$161,000
Premium/Discount to List
-$9,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%

Purchase Details

Listed on
Feb 4, 2019
Closed on
Jul 3, 2019
Sold by
Williams Ashley Renee and Counts Seth Neal
Bought by
Looney Justin K
Seller's Agent
Brandon Davis
Stuart and Associates
Buyer's Agent
Brandon Davis
Stuart and Associates
List Price
$184,900
Sold Price
$149,900
Premium/Discount to List
-$35,000
-18.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$147,184
Interest Rate
4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Wess Darrell Elizabeth $240,000 Old Republic National Title
Lawrence Jessica Reynolds $157,000 None Available
Looney Justin K $149,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wess Darrell Elizabeth $240,000
Previous Owner Looney Justin K $147,184
Closed Lawrence Jessica Reynolds $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2020 12/07/20 Sold $161,000 -5.3% $74 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $170,000 +13.4% $78 / Sq Ft
07/08/2019 07/08/19 Sold $149,900 -18.9% $68 / Sq Ft View Prior Sale
05/30/2019 05/30/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $184,900 -- $84 / Sq Ft
Source: Southwest Virginia 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
2025 -- $233,100 $20,000 $213,100
2024 $1,352 $233,100 $20,000 $213,100
2023 $881 $151,900 $12,000 $139,900
2022 $881 $151,900 $12,000 $139,900
2021 $881 $151,900 $12,000 $139,900
2020 $881 $151,900 $12,000 $139,900
2019 $881 $151,900 $12,000 $139,900
2018 $864 $151,900 $12,000 $139,900
2017 $864 $157,000 $12,000 $145,000
2016 -- $157,000 $12,000 $145,000
2015 -- $157,000 $12,000 $145,000
2014 -- $157,000 $12,000 $145,000
2013 -- $157,000 $12,000 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 75517

APN: 106A1A-0010