NOT LISTED FOR SALE

194 Gate Rd Richlands, VA 24641

Estimated Value: $75,000 - $88,000

3 Beds
1 Bath
900 Sq Ft
$92/Sq Ft Est. Value

Last Sold October 22, 2019

Last sale price $30,000 $33 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $465/month

336 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Ceiling Fan
  • Covered Patio or Porch
  • Bathroom on Main Level
  • High Speed Internet

About This Home

As of October 2019

Cozy brick ranch on level lot. Hardwood floors through out house. Newer heat pump. Covered side porch on back side. Home is being sold through social services.

Last Agent to Sell the Property

Vickie England

BHHS Four Seasons Select Prop- Richlands License #0225024600 Listed on: 09/04/2018

Last Buyer's Agent

Lisa Cordle

Richlands Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $408

Year Built

  • Built in 1968

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 75 x 100
  • The property's road front is unimproved
  • Level Lot
  • Property is zoned R1

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Vinyl Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Oven or Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

  • Richlands Elementary And Middle School
  • Richlands High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 34-35

Home Details

Home Type

Single Family

Est. Annual Taxes

$408

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Lot Size: 75 x 100
  • Road Surface Type: Unimproved
  • Directions: Rt 19/460 at Claypool Hill travel Rt. 460 W towards Richlands. Take the Town of Richlands exit. Bottom of ramp turn left on Big Creek Road. Cross first set of railroad tracks then turn immediately left on Gate Road. House is last house on street.
  • Above Grade Finished Sq Ft: 900
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1968
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator, Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Ceiling Fan(s), Cable High Speed Internet
  • Living Area: 900
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Window Features: Insulated Windows, Window Treatments
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main
  • Bathroom Level: Main

Exterior Features

  • Lot Features: Level
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Brick, Dry Wall
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch Covered, Other
  • Property Condition: Exterior Condition: Average, Interior Condition: Average
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Laundry Features: Main Level
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Richlands
  • High School: Richlands
  • Middle Or Junior School: Richlands

Lot Info

  • Lot Size Sq Ft: 21780
  • Zoning: R1
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 408.25
  • Tax Lot: 34-35
  • Tax Map Number: 105A101B 0034-36
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2025
Sold by
Moore Thomas Ray and Fuller Ashley Elaine
Bought by
Vandyke Noah Gage
Current Estimated Value
$82,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,587
Outstanding Balance
$76,587
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$5,976

Purchase Details

Listed on
Sep 4, 2018
Closed on
Oct 22, 2019
Sold by
Baldwin Charles William and Reeves Patricia Faye
Bought by
Moore Thomas Ray and Fuller Ashley Elaine
Seller's Agent
Vickie England
BHHS Four Seasons Select Prop- Richlands
Buyer's Agent
Lisa Cordle
Richlands Realty
List Price
$54,300
Sold Price
$30,000
Premium/Discount to List
-$24,300
-44.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.68%
Original Mortgage
$30,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Vandyke Noah Gage $78,000 None Listed On Document
Moore Thomas Ray $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandyke Noah Gage $76,587
Closed Vandyke Noah Gage $3,900
Previous Owner Moore Thomas Ray $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2019 10/22/19 Sold $30,000 -44.8% $33 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
09/06/2018 09/06/18 For Sale $54,300 -- $60 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

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 $346 $59,700 $8,000 $51,700
2023 $303 $52,300 $4,000 $48,300
2022 $303 $52,300 $4,000 $48,300
2021 $303 $52,300 $4,000 $48,300
2020 $303 $52,300 $4,000 $48,300
2019 $303 $52,300 $4,000 $48,300
2018 $5 $52,300 $4,000 $48,300
2017 $5 $55,500 $4,000 $51,500
2016 -- $55,500 $4,000 $51,500
2015 -- $55,500 $4,000 $51,500
2014 -- $55,500 $4,000 $51,500
2013 -- $55,500 $4,000 $51,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 66528

APN: 105A101B-0034-0035