NOT LISTED FOR SALE

1848 Possum Creek Rd Gate City, VA 24251

Estimated Value: $96,400

3 Beds
1 Bath
1,020 Sq Ft
$95/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $58,000 $57 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $564/month

732 Days on Market

Highlights

  • Partially Wooded Lot
  • Wood Flooring
  • Cottage
  • Gate City Middle School Rated 9+
  • No HOA
  • Covered Patio or Porch

About This Home

As of August 2017

A great little home with a country environment near the Tri-Cities. New vinyl exterior, new metal roof and all new double-paned windows. 18" blown-in insulation in attic. Refinished hardwood floors and new carpet throughout. New plumbing, wiring gone over and new light fixtures to bring this older house up to date. A recently installed hook-up for a Camper (septic/electricity) in driveway. Newly added closet space in three rooms.

Last Agent to Sell the Property

TAMMY TILLER

Signature Properties Kpt License #TN - 313746; VA - 0225184677 Listed on: 08/19/2015

Last Buyer's Agent

TAMMY TILLER

Signature Properties Kpt License #TN - 313746; VA - 0225184677 Listed on: 08/19/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $451

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 6 Acre Lot
  • Sloped Lot
  • Partially Wooded Lot
  • Property is in average condition
  • Property is zoned Residential/ Ag

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,020 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Partial Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Schools

  • Yuma Elementary School
  • Gate City Middle School
  • Gate City High School

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Pasture

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2593

Home Details

Home Type

Single Family

Est. Annual Taxes

$451

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Directions: From Kingsport Tn, take Hwy 23 toward Gate City, turn left at red light at Family Dollar and Holston Cemetery onto Yuma rd. take left onto Frisco Yard rd, take second right (Haynes Valley Rd) which staying to the right after crossing railroad tracks runs into Possum Creek to the property on right.
  • Prop. Type: Residential
  • Year Built: 1940
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • 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 Acres: 6.0
  • General Property Description Zoning2: Residential/ Ag
  • General Property Description Elementary School3: Yuma
  • General Property Description Middle School2: Gate City
  • General Property Description High School3: Gate City
  • Water Public: Yes
  • General Property Description Lot Dimensions: SEE ACRES
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1020.0
  • General Property Description Above Grade SqFt: 1020.0
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 2593
  • General Property Description # Fireplaces: 1
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 1
  • Interior Features KitchenDining Combo: Yes
  • TopographyLot Description Pasture2: Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Other Rooms Laundry: Yes
  • Utilities Cable Available: Yes
  • Roof Metal3: Yes
  • Property Condition Average: Yes
  • TopographyLot Description Part Wooded: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Other, See Remarks
  • Has Basement: Partial, Unfinished
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Entrance Foyer, Kitchen/Dining Combo, Remodeled
  • Window Features: Double Pane Windows
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 1
  • InteriorFeatures:Remodeled: Yes
  • Fireplace:Living Room: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Unfinished: Yes
  • Appliances:Other2: Yes
  • Basement:Partial: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Acres: 6.0
  • Topography: Part Wooded, Pasture, Sloped
  • Home Warranty: No
  • Construction Type: Block, Vinyl Siding
  • Patio And Porch Features: Covered, Front Patio, Front Porch, Porch, Side Porch
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Porch: Yes
  • PorchPatioDeck Side Porch: Yes

Garage/Parking

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

Utilities

  • Heating: Fireplace(s), 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: Public, Well
  • Heating:Heat Pump2: Yes
  • Heating:Fireplace(s): Yes
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: Residential/ Ag
  • Lot Dimensions: SEE ACRES
  • Lot Size Sq Ft: 261360.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 2593
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 573

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2015
Closed on
Aug 31, 2017
Sold by
Large Dale T
Bought by
Lusk Richard R and Mcgriff Susan
Seller's Agent
TAMMY TILLER
Signature Properties Kpt
Buyer's Agent
TAMMY TILLER
Signature Properties Kpt
List Price
$79,900
Sold Price
$58,000
Premium/Discount to List
-$21,900
-27.41%
Current Estimated Value
$96,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,400

Purchase Details

Listed on
May 20, 2014
Closed on
Oct 24, 2014
Sold by
Edens Alfred B and Edens Larry Wayne
Bought by
Large Dale T
Seller's Agent
Transferred Listings
R-MAC Realty
List Price
$39,100
Sold Price
$39,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.84%
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
Lusk Richard R $58,000 None Available
Large Dale T $39,100 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $58,000 -27.4% $57 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/19/2015 08/19/15 For Sale $79,900 +104.3% $78 / Sq Ft
10/24/2014 10/24/14 Sold $39,100 0.0% $38 / Sq Ft
10/23/2014 10/23/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $39,100 -- $38 / 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 $451 $91,100 $32,500 $58,600
2023 $701 $91,100 $32,500 $58,600
2022 $501 $91,100 $32,500 $58,600
2021 $491 $61,400 $23,000 $38,400
2020 $316 $61,400 $23,000 $38,400
2019 $316 $61,400 $23,000 $38,400
2018 $454 $61,400 $23,000 $38,400
2017 $454 $61,400 $23,000 $38,400
2016 -- $61,400 $23,000 $38,400
2015 -- $39,100 $19,400 $19,700
2014 -- $39,100 $19,400 $19,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 366935

Tennessee/Virginia Regional MLS

APN: 164-A-6