NOT LISTED FOR SALE

2544 Bristol Hwy Gate City, VA 24251

Estimated Value: $155,000 - $213,549

2 Beds
1 Bath
1,680 Sq Ft
$109/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $145,000 $86 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,077/month

37 Days on Market

Highlights

  • Mountain View
  • Mountainous Lot
  • Cottage
  • Hilton Elementary School Rated A-
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of September 2022

Finally, what you've been waiting for. Homes in this area does not come up for sale very often. This one however is a hunter's dream. 7.3 acres of wooded mountainous area with about 1 to 1.5 leveled and cleared.

This home has been cared for throughout the years. Solid oak wood floors throughout most of the homes first level. Large living room with fireplace makes it cozy and inviting. Dining room right off the kitchen for convenience. Kitchen has plenty of counter tops and cabinetry. On the side holds the washer and dryer.

This home comes with two bedrooms and one bath on the main level and two additional finished rooms on the second floor. It was attic space that was finished and are pretty large rooms that can be used as bedrooms. They both have closets and windows but no heat source, so not counted as part of the square footage.

A few things to the home have been done. Bathroom renovated and new drywall throughout some of the areas of the homes within the last 5 years. Roof is approx 7 years old. New wall oven with the last 5 years. Hot water tank is in process of getting replaced within the next day or two.

Basement is unfinished but has a door to the exterior. This space can be finished to add square footage to the home as will.

I hope you enjoy touring this home as much as I loved listing it. Buyer and Buyer's rep to verify all information.

Last Agent to Sell the Property

Ramona Morrison

Weichert Realtors Saxon Clark KPT License #335600 Listed on: 07/01/2022

Weichert Realtors Saxon Clark KPT

Last Buyer's Agent

Melissa Parton

Blue Ridge Properties License #359064; 0225254586

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $940

Year Built

  • Built in 1965

Lot Details

  • 7.3 Acre Lot
  • Level Lot
  • Mountainous Lot
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • 1 Carport Space

Home Design

  • Cottage
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • 1.5-Story Property
  • Paneling
  • Brick Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Mountain Views
  • Washer and Electric Dryer Hookup

Kitchen

  • Built-In Electric Oven
  • Cooktop
  • Laminate Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Attic

  • Attic Floors
  • Partially Finished Attic

Basement

  • Exterior Basement Entry
  • Sump Pump
  • Block Basement Construction

Outdoor Features

  • Covered Patio or Porch

Schools

  • Hilton Elementary School
  • Gate City Middle School
  • Gate City High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Poor Valley Subdivision
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 148 A 104

Home Details

Home Type

Single Family

Est. Annual Taxes

$940

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Directions: From Kingsport I-26 West towards Gate City VA. Stay on US-23 North entering VA for 3.4 miles. Turn Right onto US-421 continue to follow. Turn Left to stay on US-421S/US-58E Bristol Highway. 2.1 Miles home is on the right. Please look for sign.
  • Prop. Type: Residential
  • Year Built: 1965
  • Garage Carport Spaces: 1
  • Garage Garage Spaces: 1
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Poor Valley
  • Architectural Style: Cottage
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 7.3
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Hilton
  • General Property Description Middle School2: Gate City
  • General Property Description High School3: Gate City
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 0
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1680.0
  • General Property Description Above Grade SqFt: 1680.0
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 148 A 104
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • View Mountain(s): Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Basement Block4: Yes
  • TopographyLot Description Mountainous: Yes
  • Attic Part Finished: Yes
  • Levels One and One Half: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Built-In Electric Oven, Cooktop, Refrigerator
  • Has Basement: Block, Concrete, Exterior Entry, Sump Pump
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Laminate Counters
  • Window Features: Double Pane Windows
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Brick, Living Room
  • Total Bedrooms: 7
  • General Property Description Baths - Full: 1
  • Interior Features:Laminate Counters: Yes
  • Fireplace:Living Room: Yes
  • Fireplace:Brick3: Yes
  • Basement:Exterior Entry: Yes
  • Appliances:Built-In Electric Oven: Yes
  • Appliances:Cooktop: Yes
  • Basement:Concrete3: Yes
  • Attic Features:Attic Floored: Yes
  • Basement:Sump Pump: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • View: Mountain(s)
  • Acres: 7.3
  • Topography: Level, Mountainous
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Back, Covered
  • Exterior Finish Brick4: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Covered: Yes

Garage/Parking

  • Parking Features: Concrete, Detached
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Concrete2: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

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

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 317988.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 148 A 104
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 603

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Sep 13, 2022
Sold by
Ann Vernon Lindsay Beth
Bought by
Morgan Jared Clifton and Morgan Desirea Leann
Seller's Agent
Ramona Morrison
Weichert Realtors Saxon Clark KPT
Buyer's Agent
Melissa Parton
Blue Ridge Properties
List Price
$165,000
Sold Price
$145,000
Premium/Discount to List
-$20,000
-12.12%
Current Estimated Value
$183,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,387
Avg. Annual Appreciation
8.39%
Original Mortgage
$70,000
Outstanding Balance
$63,787
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$119,802

Purchase Details

Closed on
Aug 10, 2021
Sold by
Vernon Benjamin Joseph
Bought by
Vernon Lindsay Beth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,300
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Morgan Jared Clifton $145,000 Old Republic National Title
Vernon Lindsay Beth Ann $125,000 Commonwealth Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Jared Clifton $70,000
Previous Owner Vernon Lindsay Beth Ann $128,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $145,000 -12.1% $86 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $165,000 -- $98 / 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 $940 $122,100 $29,300 $92,800
2023 $940 $122,100 $29,300 $92,800
2022 $940 $122,100 $29,300 $92,800
2021 $964 $120,500 $24,300 $96,200
2020 $964 $120,500 $24,300 $96,200
2019 $964 $120,500 $24,300 $96,200
2018 $892 $120,500 $24,300 $96,200
2017 $892 $120,500 $24,300 $96,200
2016 -- $120,500 $24,300 $96,200
2015 -- $132,500 $27,700 $104,800
2014 -- $132,500 $27,700 $104,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9940171

Tennessee/Virginia Regional MLS

APN: 148-A-104