NOT LISTED FOR SALE

165 Gates School Rd Gates, NC 27937

Estimated Value: $223,000 - $322,000

4 Beds
2 Baths
1,824 Sq Ft
$146/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $165,000 $90 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,543/month

14 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Air
  • Walk-In Closet
  • 1-Story Property
  • Ceiling Fan

About This Home

As of November 2020

2.77 acres close enough for commuters. Come see this gem. 4 bedrooms with a living room, den and laundry room. New appliances, new flooring. Room for everyone and to grow.

Last Agent to Sell the Property

Melinda Baldwin

Century 21 Nachman License #236131 Listed on: 08/31/2020

Century 21 Nachman

Last Buyer's Agent

Victoria Segar

Atlantic Sothebys International Realty License #319568

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,577

Year Built

  • Built in 2008

Lot Details

  • 2.77 Acre Lot
  • Property is Fully Fenced

Parking

  • Dirt Driveway

Home Design

  • Composition Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Attic Access Panel
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Not Available
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,577

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Construction Type: Modular
  • Cooling System: Central
  • Deed Page: 1.00
  • Directions To Property: Route 13 to Gates School Road about 1 mile down.
  • Document Count: 1
  • Fencing: Full
  • Foundation: Crawl Space
  • H O A: No
  • Listing I D: 8100878
  • Lot Acres: 2.77
  • Lot Number: 6
  • Lot Sq Ft: 98010.00
  • Lot Water Features: None
  • M L S Approved: Y
  • Service Providers Electric Provider: Roanoke Electric
  • Sign On Property: No
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories Levels: Multi-Split, One
  • Subdivision: None
  • Tax Year: 2019
  • Terms: Cash, USDA Loan, VA Loan, FHA, Conventional
  • Total Real Estate Property Taxes: 1577.00
  • Water Heater: Electric
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Flooring: Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Wash/Dry Connect, Walk-In Closet
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Roof: Composition

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: Dirt

Utilities

  • Heating System: Heat Pump
  • Utilities: No Water, Septic On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Oct 5, 2020
Sold by
Long Jordan
Bought by
Velazquez Yvette
Seller's Agent
Melinda Baldwin
Century 21 Nachman
Buyer's Agent
Victoria Segar
Atlantic Sothebys International Realty
Sold Price
$165,000
Current Estimated Value
$264,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,921
Avg. Annual Appreciation
9.73%
Original Mortgage
$162,894
Outstanding Balance
$144,886
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$122,086

Purchase Details

Listed on
Nov 28, 2018
Closed on
Jan 24, 2019
Sold by
Secretary Of Veterans Affairs
Bought by
Long Jordan
Seller's Agent
Linda Bass
KBL Companies, LLC
Buyer's Agent
Melinda Baldwin
Century 21 Nachman
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.24%
Original Mortgage
$108,007
Interest Rate
6.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 2018
Sold by
Sun Trust Bank
Bought by
Secretary Of Veterans Affairs An Officer

Purchase Details

Closed on
Sep 23, 2008
Sold by
Suffolk Land & Timber Co Inc
Bought by
Besterfeldt Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,470
Interest Rate
5.96%
Mortgage Type
VA

Purchase Details

Closed on
Aug 21, 2008
Sold by
Bedford James and Bedford Crystal
Bought by
Suffolk Land & Timber Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,470
Interest Rate
5.96%
Mortgage Type
VA
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
Velazquez Yvette $166,000 None Available
Long Jordan -- None Available
Secretary Of Veterans Affairs An Officer -- None Available
Suntrust Bank $84,050 None Available
Besterfeldt Jay $40,000 None Available
Suffolk Land & Timber Co Inc $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Yvette $162,894
Previous Owner Long Jordan $108,007
Previous Owner Besterfeldt Jay $201,470
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2021 02/11/21 Off Market $165,000 -- --
11/06/2020 11/06/20 Sold $165,000 +50.0% $90 / Sq Ft
04/28/2019 04/28/19 Off Market $110,000 -- --
02/11/2019 02/11/19 Sold $110,000 -- $60 / Sq Ft View Prior Sale
Source: Hive 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
2025 $1,888 $238,507 $37,893 $200,614
2024 $1,658 $162,849 $32,979 $129,870
2023 $1,658 $162,849 $32,979 $129,870
2022 $1,658 $162,849 $32,979 $129,870
2021 $1,577 $162,849 $32,979 $129,870
2020 $1,577 $162,849 $32,979 $129,870
2019 $1,577 $16,284,900 $3,297,900 $12,987,000
2018 $1,288 $162,849 $32,979 $129,870
2017 $1,238 $162,849 $0 $0
2016 -- $169,870 $0 $0
2015 -- $169,870 $0 $0
2014 -- $169,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 8100878

Hive MLS

APN: 03-01233