NOT LISTED FOR SALE

1475 Reed Hollow Rd Gate City, VA 24251

Estimated Value: $115,000 - $168,000

3 Beds
2 Baths
1,147 Sq Ft
$126/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $102,000 $89 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $846/month

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Double Pane Windows
  • Gate City Middle School Rated 9+
  • Attached Garage
  • Cooling Available

About This Home

As of April 2022

Remodeled 3 Bedroom, 2 Full Bath home located just minutes from Gate City. Oak Hardwood flooring, Newer metal roof, replacement windows, Master bedroom has a huge walk in closet and private full bath with separate entrance from the outside. All Appliances stay with the home.

Last Agent to Sell the Property

ERIC BAKER

Blue Ridge Properties License #TN & VA Listed on: 02/23/2022

Last Buyer's Agent

ERIC BAKER

Blue Ridge Properties License #TN & VA Listed on: 02/23/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $534

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • Level Lot
  • Property is in good condition
  • Property is zoned RS

Home Design

  • Block Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,147 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Insulated Windows

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • Attached Garage
  • 1 Carport Space

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Shared Well
  • Septic Tank
  • Cable TV Available

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 125 A 103

Home Details

Home Type

Single Family

Est. Annual Taxes

$534

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Directions: From Gate City turn left on Reed Hollow Rd. Home is 1.4 miles on left...see sign
  • Prop. Type: Residential
  • Year Built: 1940
  • Garage Carport Spaces: 1
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Ranch
  • 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
  • General Property Description Lot Dimensions: 78x140 IRR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1147.0
  • General Property Description Above Grade SqFt: 1147.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • Flooring Tile2: Yes
  • General Property Description Parcel ID2: 125 A 103
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Other Rooms Laundry: Yes
  • Utilities Cable Available: Yes
  • Foundation Block6: Yes
  • Roof Metal3: Yes
  • Basement Block4: Yes
  • Water Shared Well2: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Has Basement: Block, Crawl Space
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Remodeled, See Remarks
  • Window Features: Double Pane Windows, Insulated Windows
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • General Property Description Baths - Full: 2
  • Appliances Dishwasher: Yes
  • InteriorFeatures:Remodeled: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • Exterior Features: See Remarks
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Front Porch, Side Porch
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Porch: Yes
  • Exterior Features:See Remarks23: Yes
  • PorchPatioDeck Side Porch: Yes

Garage/Parking

  • Parking Features: Attached, Carport, Concrete, Parking Spaces
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

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

Schools

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

Lot Info

  • Zoning: RS
  • Lot Dimensions: 78x140 IRR
  • Parcel #: 125 A 103

Tax Info

  • Tax Book Number: 575

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Apr 19, 2022
Sold by
Jenkins Brandon M
Bought by
Sigwalt James Warren and Sigwalt Kristin Marie
Seller's Agent
ERIC BAKER
Blue Ridge Properties
Buyer's Agent
ERIC BAKER
Blue Ridge Properties
List Price
$99,000
Sold Price
$102,000
Premium/Discount to List
$3,000
3.03%
Current Estimated Value
$144,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,902
Avg. Annual Appreciation
11.26%
Original Mortgage
$104,346
Outstanding Balance
$98,775
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$46,127

Purchase Details

Closed on
May 29, 2015
Sold by
Harper Jessie L and Harper Preston
Bought by
Jenkins Brandon M and Jenkins Amber M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2011
Sold by
Kroeker Dale and Kroeker Rhenda
Bought by
Johnson Jessie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2009
Sold by
Bank Of America Na
Bought by
Kroeker Dale and Kroeker Rhenda

Purchase Details

Closed on
Sep 28, 2009
Sold by
Glasser And Glasser Plc
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 3, 2007
Sold by
Addington Betty and Addington Earl
Bought by
Burke John H

Purchase Details

Closed on
May 10, 2005
Sold by
Green Tree Servicing Llc
Bought by
Addington Betty
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sigwalt James Warren $102,000 Old Republic National Title
Jenkins Brandon M $76,000 None Available
Johnson Jessie L $71,000 None Available
Kroeker Dale $47,000 None Available
Bank Of America Na $47,000 None Available
Burke John H $31,500 None Available
Addington Betty $20,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sigwalt James Warren $104,346
Previous Owner Jenkins Brandon M $79,000
Previous Owner Johnson Jessie L $63,900
Previous Owner Addington Betty R C $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $102,000 +3.0% $89 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $99,000 -- $86 / 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 $534 $69,300 $16,000 $53,300
2023 $534 $69,300 $16,000 $53,300
2022 $534 $69,300 $16,000 $53,300
2021 $486 $60,700 $13,000 $47,700
2020 $486 $60,700 $13,000 $47,700
2019 $486 $60,700 $13,000 $47,700
2018 $449 $60,700 $13,000 $47,700
2017 $449 $60,700 $13,000 $47,700
2016 -- $60,700 $13,000 $47,700
2015 -- $61,800 $17,400 $44,400
2014 -- $61,800 $17,400 $44,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9934235

Tennessee/Virginia Regional MLS

APN: 125-A-103