$140,000
PENDING $25K PRICE DROP

264 Terrace Ave Gate City, VA 24251

Estimated payment $827/month

Total Views 8,507
3 Beds
1 Bath
1,100 Sq Ft
$127 Price per Sq Ft

Highlights

  • Mountain View
  • Covered Patio or Porch
  • Paneling
  • No HOA
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

Darling brick ranch with the perfect iced tea sippin' front porch to enjoy your gorgeous mountain views! This great home has a large living room, an eat-in kitchen, 3 bedrooms and a full bathroom on the main level with a full unfinished basement that could be finished for additional square footage! There is a large patio in the back as well! You will love the proximity to town with shopping and restaurants while also being a quick drive to Kingsport, TN. There is also a great yard barn for storage! Do not miss this one! Property is being sold ''as is''. Roof is metal and newer, heat pump is older but in good condition. Ask your agent for more details regarding the FHA appraisal that is currently on file (private remarks).

Listing Agent

Jennifer Lusk

The Addington Agency Bristol License #342869 Listed on: 06/02/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 28,750 Sq Ft Lot
  • Lot Dimensions are 146' x 194' x 151' x 193'
  • Sloped Lot
  • Property is in average condition

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Metal Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Combination Kitchen and Dining Room
  • Mountain Views
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • Parking Pad
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 146a9 4 9 1-3

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0.66 Acres

Listing Details

  • Directions: From Kingsport, on Highway 23 thru Weber City, Before arriving at the Gate City exit, turn left onto Terrace Ave.
  • Prop. Type: Residential
  • Building Stories: 1
  • Year Built: 1964
  • 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: 0.66
  • 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
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 146' x 194' x 151' x 193'
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1100.0
  • General Property Description Above Grade SqFt: 1100.0
  • AC Central Air: Yes
  • General Property Description Parcel ID2: 146a9 4 9 1-3
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • Interior Features KitchenDining Combo: Yes
  • View Mountain(s): Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Foundation Block6: Yes
  • Roof Metal3: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Basement Block4: Yes
  • Levels One: Yes
  • General Property Description Senior Community YN3: No
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Utilities Sewer Connected: Yes
  • Structure Type:House: Yes
  • Remarks Misc:userdefined80: Darling brick ranch with the perfect iced tea sippin' front porch to enjoy your gorgeous mountain views! This great home has a large living room, an eat-in kitchen, 3 bedrooms and a full bathroom on the main level with a full unfinished basement that could be finished for additional square footage! There is a large patio in the back as well! You will love the proximity to town with shopping and restaurants while also being a quick drive to Kingsport, TN. There is also a great yard barn for storage! Do not miss this one! Property is being sold ''as is''. Roof is metal and newer, heat pump is older but in good condition. Ask your agent for more details regarding the FHA appraisal that is currently on file (private remarks).
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, See Remarks
  • Has Basement: Block, Full, Interior Entry, Unfinished
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Primary Downstairs, Eat-in Kitchen, Kitchen/Dining Combo
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • General Property Description Baths - Full: 1
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Basement:Interior Entry: Yes
  • Basement:Unfinished: Yes
  • Full Basement: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Other Structures: Outbuilding
  • View: Mountain(s)
  • Acres: 0.66
  • Topography: Sloped
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Front Porch, Rear Patio
  • Exterior Finish Brick4: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Rear Patio: Yes

Garage/Parking

  • Parking Features: Driveway, Asphalt, Parking Pad
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Parking Pad: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 146' x 194' x 151' x 193'
  • Lot Size Sq Ft: 28749.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 146a9 4 9 1-3

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $792 $102,900 $24,000 $78,900
2024 $792 $102,900 $24,000 $78,900
2023 $792 $102,900 $24,000 $78,900
2022 $792 $102,900 $24,000 $78,900
2021 $698 $87,300 $13,000 $74,300
2020 $698 $87,300 $13,000 $74,300
2019 $698 $87,300 $13,000 $74,300
2018 $646 $87,300 $13,000 $74,300
2017 $646 $87,300 $13,000 $74,300
2016 -- $87,300 $13,000 $74,300
2015 -- $77,600 $12,100 $65,500
2014 -- $77,600 $12,100 $65,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/08/2026 06/08/26 Pending -- -- --
06/02/2026 06/02/26 Price Changed $140,000 0.0% $127 / Sq Ft
06/02/2026 06/02/26 For Sale $140,000 +7.7% $127 / Sq Ft
05/10/2026 05/10/26 Pending -- -- --
05/05/2026 05/05/26 Price Changed $130,000 -21.2% $118 / Sq Ft
04/27/2026 04/27/26 For Sale $165,000 -- $150 / Sq Ft
Source: Tennessee/Virginia Regional MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $65,720 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $64,526 FHA
Source: Public Records

About the Listing Agent

Jennifer Lusk

The Addington Agency Bristol

(276) 533-8457

Section Image

Choose us! Choose us! Two full-time Realtors for the price of one? YES, and we love what we do! When you choose Matt and Jennifer as your Realtors, you can expect full time service (x2), Professionals with a proven track record and fun, positive friends for life. We use high tech equipment and personalized advertising for sellers and love to take our buyers out house hunting! If you are relocating, we are the agents for you! We can help you through the process with ease and make sure you have

Jennifer's Other Listings

  • 865 Shelleys Rd, Bristol, VA 24202

    $248,000 $12K PRICE DROP

    • 2 Beds
    • 1 Bath
    • 1,139 Sq Ft
    • 865 Shelleys Rd
    • Bristol, VA

    Tucked away in a peaceful hollow surrounded by rolling hills, towering trees, and the soothing sounds of a beautiful creek, this property is the definition of country charm and serenity. Imagine starting your mornings with coffee on the covered front porch and ending your evenings unwinding as nature surrounds you in every direction. This inviting 2-bedroom, 1-bath home sits on three tracts

    Jennifer Lusk The Addington Agency Bristol

    Section Image
  • 2564 Bridgeforth Crossing, Kingsport, TN 37664

    $378,000 $10K PRICE DROP

    • 4 Beds
    • 2.5 Baths
    • 1,990 Sq Ft
    • 2564 Bridgeforth Crossing
    • Kingsport, TN

    Price Improvement! Don't miss the summer pool season. Come check out this beautiful home that is located in Edinburg Subdivision. This home has access to the community pool and is part of the Edinburgh HOA, not the Evarts Valley HOA. Very rare lot and a beautiful home with many updates. The Belhaven is a 2 story, 2 car garage home with 4 Bedrooms, 2 1/2 bathrooms. as well as an additional flex

    Jennifer Lusk The Addington Agency Bristol

    Section Image
  • 178 Conant Rd, Church Hill, TN 37642

    $315,000 $10K PRICE DROP

    • 4 Beds
    • 2 Baths
    • 1,708 Sq Ft
    • 178 Conant Rd
    • Church Hill, TN

    Your mini-farm awaits! This wonderful 4 bedroom, 2.5 bath home sits on 2.82 acres and includes a small fenced pasture, several outbuildings and sit towards the end of a quiet cul-de-sac in beautiful Church Hill, Tennessee! The property has approximately 100 feet of creek frontage! Enjoy sunsets on your covered front porch, the updated kitchen and a large, comfortable living room. The layout is

    Jennifer Lusk The Addington Agency Bristol

    Section Image
  • 200 Arrowhead Dr Unit 1, Johnson City, TN 37601

    $199,900 $10K PRICE DROP

    • 2 Beds
    • 1.5 Baths
    • 1,080 Sq Ft
    • 200 Arrowhead Dr
    • Unit 1
    • Johnson City, TN

    Welcome to 200 Arrowhead Drive, Apt. 1, where modern updates and comfortable living come together in the heart of Johnson City. This beautifully renovated end-unit apartment offers a move-in-ready opportunity with thoughtful upgrades throughout. NEW WATER HEATER! The recently updated kitchen features freshly painted cabinetry, countertops, and flooring, complemented by a stylish new sink that

    Jennifer Lusk The Addington Agency Bristol

    Section Image
  • 2823 van Hill Rd, Greeneville, TN 37745

    $715,000 $10K PRICE DROP

    • 5 Beds
    • 4.5 Baths
    • 4,131 Sq Ft
    • 2823 van Hill Rd
    • Greeneville, TN

    This home has a contract on it for a buyer that needs to sell their home with the ability to bump the first Buyer (bump clause). Ask your agent for more info! Tucked away like a private retreat just minutes from I-81, this enchanting 5-bedroom, 4.5-bath home offers the perfect blend of elegance, comfort, and timeless charm. From the moment you step inside, you'll be welcomed by warm maple

    Jennifer Lusk The Addington Agency Bristol

    Section Image
  • 617 Telford New Victory Rd, Telford, TN 37690

    $299,999 $19K PRICE DROP

    • 4 Beds
    • 3 Baths
    • 2,280 Sq Ft
    • 617 Telford New Victory Rd
    • Telford, TN

    This is the LIFE! Come see this amazing 4 bedroom, 3 bath manufactured home sitting on over 3/4 acres in beautiful Telford, Tennessee! Just minutes from historic Jonesborough with territorial and mountain views. You will love the amazing space this home has to offer. It has an open concept with large kitchen, 2 large living rooms and amazing primary suite. Beautiful stack stone fireplace in the

    Jennifer Lusk The Addington Agency Bristol

    Section Image
  • 665 Laurels Rd, Johnson City, TN 37601

    $535,000

    • 3 Beds
    • 2.5 Baths
    • 1,848 Sq Ft
    • 665 Laurels Rd
    • Johnson City, TN

    This very special log cabin is tucked against the mountains of South Johnson City on 5 acres of wooded land with stunning views! Wonderful Airbnb opportunity as the home is available fully furnished! As you enter the property, you will love crossing over the beautiful creek (see the attached video to hear it). The land is heavily wooded with opportunities galore to create paths and view spots or

    Jennifer Lusk The Addington Agency Bristol

    Section Image
  • 2104 Southcote Dr, Kingsport, TN 37660

    $435,000 Sold Mar 16, 2026

    • 4 Beds
    • 4 Baths
    • 3,132 Sq Ft
    • 2104 Southcote Dr
    • Kingsport, TN

    Welcome to this stunning Dutch Colonial style home in the sought-after Preston Forest neighborhood of Kingsport, 4 bedrooms, 4 bathrooms (2 full, 2 half), over 3,100 sq ft of finished living space and ready for you to move in. Enjoy your beautifully updated kitchen featuring crisp white granite countertops, subway tile backsplash, deep sink, stylish faucet and disposal, new flooring and a

    Jennifer Lusk The Addington Agency Bristol

  • 4005 Leaning Pine Rd, Kingsport, TN 37660

    $273,000 Sold Oct 17, 2025

    • 4 Beds
    • 2.5 Baths
    • 2,312 Sq Ft
    • 4005 Leaning Pine Rd
    • Kingsport, TN

    THIS IS A GREAT HOME!!Spacious home in a wonderful location on a quiet cul-de-sac. BEAUTIFUL and private back yard with a creek along the back of the property. There is an upper yard with a garden area that was just seeded plus a large lower yard with plenty or room for kids to play and pets! Do not miss this wonderful home with MANY upgrades and a great layout! The main living room,

    Jennifer Lusk The Addington Agency Bristol

Source: Tennessee/Virginia Regional MLS

MLS Number: 9994537

Tennessee/Virginia Regional MLS

APN: 146A9-4-9-1-3

Your Personal Tour Guide

Ask me questions while you tour the home.