NOT LISTED FOR SALE

261 Cypress St Gate City, VA 24251

Estimated Value: $166,000 - $193,000

3 Beds
1.5 Baths
1,726 Sq Ft
$108/Sq Ft Est. Value

Last Sold February 01, 2018

Last sale price $80,000 $46 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,066/month

55 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Cooling Available
  • Heated Sun or Florida Room
  • 1 Car Attached Garage
  • Fireplace in Basement

About This Home

As of February 2018

CLASSIC BRICK RANCH This great three bedroom 1 ½ bath, one level home has been well maintained and has tons of possibilities. It features a new metal roof, hardwood flooring under the carpet, and large open living/dining room. The kitchen has room for a table or island and lots of cabinets. There is a sunroom on the back, which is being used as a workout area, but could be used for sitting and enjoying mountains, or even a play room for the kids. Downstairs there is a finished den area, and lots of unfinished space for storage of future expansion. The home is situated in a quiet neighborhood not far from town. It is priced below tax appraisal, call for a showing today!

Last Agent to Sell the Property

Lou Britt

Blue Ridge Properties License #313463 Listed on: 10/16/2017

Last Buyer's Agent

Lou Britt

Blue Ridge Properties License #313463 Listed on: 10/16/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $987

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • Lot Dimensions are 100 x 100
  • Landscaped
  • Level Lot
  • Property is in good condition
  • Property is zoned RS

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Plaster Walls
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Window Treatments
  • Heated Sun or Florida Room
  • Pull Down Stairs to Attic
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 146 A 7 78

Home Details

Home Type

Single Family

Est. Annual Taxes

$987

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Directions: Take US 23 toward VA. Take the first Gate City exit onto Kane St. Continue to Jackson St. turn left on Jackson, after going through town turn right on Elm then left on Cypress. The house is on the left.
  • Prop. Type: Residential
  • Year Built: 1950
  • Garage Garage Spaces: 1
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Landscaping
  • 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 Zoning2: RS
  • General Property Description Elementary School3: Shoemaker
  • 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: 100 x 100
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1726.0
  • General Property Description Above Grade SqFt: 1386.0
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 146 A 7 78
  • General Property Description # Fireplaces: 1
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Utilities Cable Connected: Yes
  • Fireplace Basement3: Yes
  • Roof Metal3: Yes
  • Walls Plaster: Yes
  • Attic Pull Down Stairs: Yes
  • Window Features Window Treatment-Negotiable: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range
  • Has Basement: Full, Partially Finished
  • Flooring: Carpet, Hardwood, Laminate
  • Interior Amenities: Primary Downstairs, Kitchen Island, Laminate Counters, Remodeled
  • Window Features: Insulated Windows, Window Treatment-Negotiable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 340.0
  • Fireplace Features: Basement
  • Fireplaces: 1
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 1
  • General Property Description Baths - 12: 1
  • InteriorFeatures:Remodeled: Yes
  • Interior Features:Laminate Counters: Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Kitchen Island: Yes
  • Appliances:Electric Range: Yes
  • Full Basement: Yes
  • Other Rooms:Sun Room - Heated: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • Topography: Level, Sloped
  • Home Warranty: No
  • Construction Type: Brick, Plaster
  • Patio And Porch Features: Covered
  • Exterior Finish Brick4: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Covered: Yes

Garage/Parking

  • Parking Features: Attached, Concrete, Garage Door Opener, Parking Pad
  • Sq Ft DetailsGarageTotalSq Ft: 360
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:Parking Pad: Yes

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

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

Lot Info

  • Zoning: RS
  • Lot Dimensions: 100 x 100
  • Parcel #: 146 A 7 78

Tax Info

  • Tax Book Number: 447

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2017
Closed on
Feb 1, 2018
Sold by
Porter Kevin M and Porter Amy M
Bought by
Perry Robert and Perry Sherry
Seller's Agent
Lou Britt
Blue Ridge Properties
Buyer's Agent
Lou Britt
Blue Ridge Properties
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%
Current Estimated Value
$185,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,559
Avg. Annual Appreciation
11.55%
Original Mortgage
$78,551
Outstanding Balance
$66,955
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$118,604
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Perry Robert $80,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Robert $78,551
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2018 02/01/18 Sold $80,000 -5.9% $46 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $85,000 -- $49 / 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 $987 $128,200 $23,000 $105,200
2023 $987 $128,200 $23,000 $105,200
2022 $987 $128,200 $23,000 $105,200
2021 $910 $113,700 $13,000 $100,700
2020 $910 $113,700 $13,000 $100,700
2019 $910 $113,700 $13,000 $100,700
2018 $841 $113,700 $13,000 $100,700
2017 $841 $113,700 $13,000 $100,700
2016 -- $113,700 $13,000 $100,700
2015 -- $124,500 $15,500 $109,000
2014 -- $124,500 $15,500 $109,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 398438

Tennessee/Virginia Regional MLS

APN: 146A7-A-78