NOT LISTED FOR SALE

157 May Dr Gate City, VA 24251

Estimated Value: $224,000 - $315,000

3 Beds
2.5 Baths
1,696 Sq Ft
$150/Sq Ft Est. Value

Sale Details

Date Sold: August 10, 2016

Last sale price $127,900 $75 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,424 / mo

87 Days on Market

Highlights

  • Deck
  • Victorian Architecture
  • Eat-In Kitchen
  • Wooded Lot
  • Porch
  • Cooling Available

About This Home

As of August 2016

Looking for a new home in Gate City Virginia, check out this Victorian Beauty on 1.27 acres. This home features 3bedrooms 2.5bathrooms, Large Living room, Breakfast Nook, Kitchen, Laundry Room, Formal Dining Room. Upstairs you have a Master Suite with Walk in closet, Bathroom, Vanity area, Beautiful Window seat, Two large additional bedrooms. Home has new deck off the back of home. Hardi-Plank Siding( which is concrete composite). Low Utility's run approx 190.00 electric service, Water/Sewer $50.00

Last Agent to Sell the Property

Joana Hoover-Glovier

Momentum Group License #00325247 Listed on: 04/06/2016

Momentum Group

Last Buyer's Agent

Joana Hoover-Glovier

Momentum Group License #00325247 Listed on: 04/06/2016

Momentum Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 1.27 Acre Lot
  • Wooded Lot
  • Property is in good condition

Parking

  • Gravel Driveway

Home Design

  • Victorian Architecture
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 1,696 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Sewer

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 124 A 65A

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

1.27 Acres

Listing Details

  • Directions: At Post Office take a Left, Take a Right onto Red Hill Rd and then take a Left onto May Dr home is on the Left.
  • Prop. Type: Residential
  • Year Built: 2001
  • Property Sub Type: Single Family Residence
  • Architectural Style: Victorian
  • 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: 1.27
  • General Property Description Zoning2: residential
  • 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
  • General Property Description Lot Dimensions: 5,5231
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1696.0
  • General Property Description Above Grade SqFt: 1696.0
  • Appliances Refrigerators: Yes
  • General Property Description Parcel ID2: 124 A 65A
  • General Property Description # Fireplaces: 1
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • Roof Composition: Yes
  • Flooring Laminate: Yes
  • Other Rooms Laundry: Yes
  • Flooring Vinyl: Yes
  • Sewer Private Sewer: Yes
  • TopographyLot Description Wooded: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Has Basement: Crawl Space
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Eat-in Kitchen, Laminate Counters
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • General Property Description Baths - Full: 2
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • General Property Description Baths - 12: 1
  • Interior Features:Laminate Counters: Yes
  • Fireplace:Living Room: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Composition
  • Acres: 1.27
  • Topography: Wooded
  • Home Warranty: No
  • Construction Type: HardiPlank Type
  • Patio And Porch Features: Deck, Porch
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Porch: Yes
  • Exterior Finish HardiPlank Type: Yes

Garage/Parking

  • Parking Features: Gravel, None
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Private Sewer
  • 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: residential
  • Lot Dimensions: 5,5231
  • Lot Size Sq Ft: 55321.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 124 A 65A
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2016
Closed on
Aug 10, 2016
Sold by
Smith David P and Smith Amy M
Bought by
Taylor Russell L and Taylor Misty D
Seller's Agent
Joana Hoover-Glovier
Momentum Group
Buyer's Agent
Joana Hoover-Glovier
Momentum Group
List Price
$138,000
Sold Price
$127,900
Premium/Discount to List
-$10,100
-7.32%
Current Estimated Value
$254,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,557
Avg. Annual Appreciation
7.36%
Original Mortgage
$131,516
Outstanding Balance
$104,157
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$150,300

Purchase Details

Closed on
Oct 10, 2012
Sold by
Smith David P and Smith Amy M
Bought by
Smith David P and Smith Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,950
Interest Rate
3.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Taylor Russell L $127,900 None Available
Smith David P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Russell L $131,516
Previous Owner Smith David P $100,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2016 08/10/16 Sold $127,900 -7.3% $75 / Sq Ft
07/02/2016 07/02/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $138,000 -- $81 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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 $1,009 $131,000 $28,000 $103,000
2024 $1,009 $131,000 $28,000 $103,000
2023 $1,009 $131,000 $28,000 $103,000
2022 $1,009 $131,000 $28,000 $103,000
2021 $813 $101,600 $13,500 $88,100
2020 $813 $101,600 $13,500 $88,100
2019 $813 $101,600 $13,500 $88,100
2018 $752 $101,600 $13,500 $88,100
2017 $752 $101,600 $13,500 $88,100
2016 -- $101,600 $13,500 $88,100
2015 -- $118,900 $14,800 $104,100
2014 -- $118,900 $14,800 $104,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 375270

Tennessee/Virginia Regional MLS

APN: 124-A-65A

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