$132,000
SOLD JUL 24, 2026

264 Terrace Ave Gate City, VA 24251

3 Beds
1 Bath
1,100 Sq Ft
0.66 Acre Lot

Sale Details

Date Sold: July 24, 2026

$120 Per Sq Ft

6% Below List Price

6 Days on Market

Highlights

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

About This Home

As of July 2026

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).

Last Agent to Sell the Property

Jennifer Lusk

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

Last Buyer's 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

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,526
Outstanding Balance
$56,033
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$83,845

Purchase Details

Closed on
Jun 4, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,526
Outstanding Balance
$56,033
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$83,845
Source: Public Records
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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

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
07/24/2026 07/24/26 Sold $132,000 -5.7% $120 / 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

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

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9994537

Tennessee/Virginia Regional MLS

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

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