NOT LISTED FOR SALE

240 Lynn Dr Gate City, VA 24251

Estimated Value: $161,000 - $190,000

3 Beds
1 Bath
1,162 Sq Ft
$149/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $160,000 $138 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $989/month

27 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Double Pane Windows
  • Wood Flooring
  • Covered Patio or Porch
  • Cooling Available

About This Home

As of December 2023

If you are dreaming of a classic 1950 Ranch home in Gate City your dreams have come true. This 3 bedroom home has character and charm to spare with original hardwood floors, arched doorways, tiled bathroom, and beautiful fireplace. Throw in modern touches in the kitchen, quaint dinning room, one car garage and room to expand in the basement this home is ready for you. Don't miss your chance to make your dream come true. All information is deemed reliable but not guaranteed. Buyer / buyer agent is to independently confirm.

Last Agent to Sell the Property

Alicia Kern

A Team Real Estate Professionals License #332220,0225220959 Listed on: 10/17/2023

Last Buyer's Agent

Jennifer Lusk

The Addington Agency Bristol License #342869

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $896

Year Built

  • Built in 1950

Lot Details

  • 0.29 Acre Lot
  • Level Lot
  • Property is in good condition

Parking

  • 1 Car Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • 1,162 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Double Pane Windows
  • Insulated Windows
  • Living Room with Fireplace
  • Mountain Views
  • Storm Doors

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Heated Basement
  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 146a310 C 25-27

Home Details

Home Type

Single Family

Est. Annual Taxes

$896

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Directions: From Jackson St Turn onto Barker Sub Ave turn Left onto Lynn Dr. HOME is on the right.
  • Prop. Type: Residential
  • Building Stories: 1
  • Year Built: 1950
  • Garage Garage Spaces: 1
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not Listed
  • Architectural Style: Ranch
  • 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: 0.29
  • 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
  • General Property Description HOA YN: No
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: Irregular
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1162.0
  • General Property Description Above Grade SqFt: 1162.0
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 146a310 C 25-27
  • General Property Description # Fireplaces: 1
  • Style Ranch: Yes
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • View Mountain(s): Yes
  • TopographyLot Description Sloped: Yes
  • Foundation Block6: Yes
  • Basement Block4: Yes
  • Basement Partial Heat: Yes
  • Flooring Ceramic Tile: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Block, Interior Entry, Partial Heat
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Wired for Data
  • Window Features: Double Pane Windows, Insulated Windows
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bedrooms: 7
  • General Property Description Baths - Full: 1
  • Fireplace:Living Room: Yes
  • Basement:Interior Entry: Yes
  • Interior Features:Wired for Data: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • View: Mountain(s)
  • Acres: 0.29
  • Topography: Level, Sloped
  • Home Warranty: No
  • Construction Type: Stone Veneer, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Covered: Yes
  • Exterior Finish Stone Veneer: Yes
  • Door Features:Storm Door(s): Yes

Garage/Parking

  • Parking Features: Asphalt
  • Sq Ft DetailsGarageAttachedSq Ft: 264
  • Sq Ft DetailsGarageTotalSq Ft: 264
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Asphalt2: Yes

Utilities

  • Heating: Fireplace(s), Heat Pump
  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: residential
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 12632.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 146a310 C 25-27
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 603

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Dec 15, 2023
Sold by
Allen Austin Xavier
Bought by
Corchado Ivonne
Seller's Agent
Alicia Kern
A Team Real Estate Professionals
Buyer's Agent
Jennifer Lusk
The Addington Agency Bristol
List Price
$170,000
Sold Price
$160,000
Premium/Discount to List
-$10,000
-5.88%
Views
17
Current Estimated Value
$172,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,924
Avg. Annual Appreciation
-1.02%
Original Mortgage
$128,000
Outstanding Balance
$126,485
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$30,659

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jul 8, 2021
Sold by
Rollins Kyle F
Bought by
Allen Austin Xavier
Seller's Agent
Lou Britt
Blue Ridge Properties
Buyer's Agent
Alicia Kern
A Team Real Estate Professionals
List Price
$129,900
Sold Price
$119,900
Premium/Discount to List
-$10,000
-7.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.55%
Original Mortgage
$116,303
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2007
Sold by
Richards Jeffrey Lynn and Richards Shelia Sue
Bought by
Cassell Emmit Gray and Cassell Edith Oauline
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
Corchado Ivonne $160,000 None Listed On Document
Allen Austin Xavier $119,900 Commonwealth Title Services
Cassell Emmit Gray -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corchado Ivonne $128,000
Previous Owner Allen Austin Xavier $116,303
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $160,000 -5.9% $138 / Sq Ft
10/17/2023 10/17/23 For Sale $170,000 +41.8% $146 / Sq Ft
07/09/2021 07/09/21 Sold $119,900 -7.7% $103 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $129,900 +52.6% $112 / Sq Ft
02/22/2019 02/22/19 Sold $85,100 0.0% $73 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
10/04/2018 10/04/18 For Sale $85,100 -- $73 / 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 $896 $116,300 $33,000 $83,300
2023 $896 $116,300 $33,000 $83,300
2022 $896 $116,300 $33,000 $83,300
2021 $669 $83,600 $18,500 $65,100
2020 $669 $83,600 $18,500 $65,100
2019 $669 $83,600 $18,500 $65,100
2018 $619 $83,600 $18,500 $65,100
2017 $619 $83,600 $18,500 $65,100
2016 -- $83,600 $18,500 $65,100
2015 -- $73,900 $15,500 $58,400
2014 -- $73,900 $15,500 $58,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9958196

Tennessee/Virginia Regional MLS

APN: 146A310-C-25-27