NOT LISTED FOR SALE

192 Solon St Gate City, VA 24251

Estimated Value: $188,078 - $295,000

3 Beds
1.5 Baths
2,004 Sq Ft
$119/Sq Ft Est. Value

Last Sold November 07, 2016

Last sale price $64,140 $32 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $1,318/month

31 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Covered Patio or Porch
  • Living Room with Fireplace
  • Cottage
  • 2 Car Detached Garage

About This Home

As of November 2016

Lender will only accept cash, hard money, line of credit, in house bank loans ( in as is condition ) and rehab loans. Pre-approval letter or proof of funds letter is required for all offers.****Heating & cooling type, sewer/water type, be it public or private should be determined by the buyer. Listing company/agent or seller will not be responsible for making this determination. **** ****SQ footage and other measurements provided as a courtesy and not guaranteed to be correct. Some information taken from court house system. Buyer to confirm all information that would be important to him or her. Information herein deemed reliable but not guaranteed ****Min Earnest Money Deposit will be $1,000 or 3% of purchase price, whichever is higher. *****

Last Agent to Sell the Property

TRANSFERRED LISTINGS

Momentum Group Listed on: 08/26/2016

Last Buyer's Agent

Joana Hoover-Glovier

Momentum Group License #00325247

Momentum Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1897

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 160
  • Level Lot
  • Property is in below average condition

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Cottage
  • Plaster Walls
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,004 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Insulated Windows
  • Living Room with Fireplace
  • 4 Fireplaces
  • Laminate Countertops
  • Washer and Gas Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 5

Home Details

Home Type

Single Family

Year Built

Built in 1897

Lot Details

0

Parking

2

Listing Details

  • Directions: From Kingsport take US23 to gate city. Turn right onto Solon - house on right.
  • Prop. Type: Residential
  • Year Built: 1897
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Cottage
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.18
  • General Property Description Zoning2: R
  • General Property Description Elementary School3: Shoemaker
  • General Property Description Middle School2: Gate City
  • General Property Description High School3: Gate City
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 50 X 160
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2004.0
  • General Property Description Above Grade SqFt: 2004.0
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 5
  • General Property Description # Fireplaces: 4
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 2
  • TopographyLot Description Rolling Slope: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • Walls Plaster: Yes
  • Property Condition Below Average: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Exterior Entry, Partial
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Built-in Features, Laminate Counters
  • Window Features: Insulated Windows
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 4
  • General Property Description Baths - Full: 1
  • General Property Description Baths - 12: 1
  • Interior Features:Laminate Counters: Yes
  • Fireplace:Living Room: Yes
  • Basement:Exterior Entry: Yes
  • Interior Features:Built-in Features: Yes
  • Basement:Partial: Yes

Exterior Features

  • Property Condition: Below Average
  • Roof: Shingle
  • Acres: 0.18
  • Topography: Level, Rolling Slope
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Plaster
  • Patio And Porch Features: Back, Covered, Deck, Front Patio, Front Porch
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes

Garage/Parking

  • Parking Features: Detached, Gravel
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Gravel: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Heat Pump, Other, See Remarks
  • Sewer: Public Sewer, Other, See Remarks
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump, Other, See Remarks
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public, Other, See Remarks
  • Heating:Heat Pump2: Yes
  • Heating:See Remarks10: Yes
  • Heating:Other12: Yes

Schools

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

Lot Info

  • Zoning: R
  • Lot Dimensions: 50 X 160
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 5
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2016
Closed on
Oct 3, 2016
Sold by
Us Bank Trust Na As Trustee
Bought by
Dockery James R
Seller's Agent
TRANSFERRED LISTINGS
Momentum Group
Buyer's Agent
Joana Hoover-Glovier
Momentum Group
List Price
$64,900
Sold Price
$64,140
Premium/Discount to List
-$760
-1.17%
Current Estimated Value
$237,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,630
Avg. Annual Appreciation
15.36%
Original Mortgage
$54,519
Interest Rate
3.52%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 16, 2015
Sold by
Alg Trustees Llc and Durham
Bought by
Us Bank Trust Na
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
Dockery James R $64,140 None Available
Us Bank Trust Na $115,589 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dockery James R $54,519
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2016 11/07/16 Sold $64,140 -1.2% $32 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $64,900 -- $32 / 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
2025 $896 $116,300 $26,000 $90,300
2024 $896 $116,300 $26,000 $90,300
2023 $896 $116,300 $26,000 $90,300
2022 $896 $116,300 $26,000 $90,300
2021 $829 $103,600 $18,500 $85,100
2020 $829 $103,600 $18,500 $85,100
2019 $291 $103,600 $18,500 $85,100
2018 $767 $103,600 $18,500 $85,100
2017 $767 $103,600 $18,500 $85,100
2016 -- $103,600 $18,500 $85,100
2015 -- $102,600 $16,900 $85,700
2014 -- $102,600 $16,900 $85,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 381997

Tennessee/Virginia Regional MLS

APN: 146A8-A-5