NOT LISTED FOR SALE

2661 Bristol Hwy Gate City, VA 24251

Estimated Value: $155,736 - $281,000

3 Beds
2 Baths
2,528 Sq Ft
$81/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $90,000 $36 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,152/month

34 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Walk-In Closet
  • Hilton Elementary School Rated A-
  • Paneling
  • Cooling Available

About This Home

As of August 2023

Unique 3 bedroom 2 bathroom home minutes away from downtown Kingsport, Gate City and Weber City. Large rooms with a 2 car garage and detached 16x24 workshop/storage bldg. The 2nd tract/lot has water and septic hookups already in place for a small single or double wide home.
All information has been taken from tax records and should be verified by buyer and buyers agent. All information has been deemed reliable but not guaranteed. Buyer to verify square footage, schools, acreage, and zoning/restrictions.

Last Agent to Sell the Property

Billy Vermillion

Greater Impact Realty Kingsport License #366377 Listed on: 05/11/2023

Last Buyer's Agent

Hannah Powell

Weichert Realtors Saxon Clark KPT License #327857

Weichert Realtors Saxon Clark KPT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $778

Year Built

  • Built in 1935 | Remodeled

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 52'x187'
  • Level Lot
  • Property is in average condition

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,528 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Double Pane Windows
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Outbuilding

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Poor Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 148d A 15

Home Details

Home Type

Single Family

Est. Annual Taxes

$778

Year Built

Built in 1935 | Remodeled

Lot Details

0

Listing Details

  • Directions: From Weber City Va take US23 west and turn right on Wadlow Gap Rd, then left on Hwy 58 and go 2 miles to the 2661 Bristol Hwy on the left. From Bristol Va, take I-81 to exit 1, Hwy 58 then go approx 17 miles to 2661 Bristol Hwy on the right.
  • Prop. Type: Residential
  • Year Built: 1935
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Poor Valley
  • 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: 0.51
  • General Property Description Zoning2: R-1
  • General Property Description Elementary School3: Hilton
  • General Property Description Middle School2: Gate City
  • General Property Description High School3: Gate City
  • General Property Description HOA YN: No
  • Water Public: Yes
  • General Property Description Lot Dimensions: 52'x187'
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2528.0
  • General Property Description Above Grade SqFt: 2528.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 148d A 15
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • Interior Features KitchenDining Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • RoofAsphalt: Yes
  • Rooms Family Room3: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Kitchen Island, Kitchen/Dining Combo, Remodeled, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Window Treatments
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • General Property Description Baths - Full: 2
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • InteriorFeatures:Remodeled: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Kitchen Island: Yes

Exterior Features

  • Property Condition: Average, Updated/Remodeled
  • Roof: Asphalt
  • Other Structures: Outbuilding
  • Acres: 0.51
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Block, Vinyl Siding
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Window Treatments: Yes

Utilities

  • Heating: Heat Pump
  • 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: No

Schools

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

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 52'x187'
  • Lot Size Sq Ft: 22215.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 148d A 15
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 602

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Aug 9, 2023
Sold by
Short Robin Denise
Bought by
Melton Jessica D
Seller's Agent
Billy Vermillion
Greater Impact Realty Kingsport
Buyer's Agent
Hannah Powell
Weichert Realtors Saxon Clark KPT
List Price
$109,000
Sold Price
$90,000
Premium/Discount to List
-$19,000
-17.43%
Current Estimated Value
$205,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,934
Avg. Annual Appreciation
33.82%
Original Mortgage
$85,000
Outstanding Balance
$83,444
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$82,493

Purchase Details

Listed on
May 11, 2023
Closed on
Aug 7, 2023
Sold by
Short Robin Flanary
Bought by
Lanningham James Edward
Seller's Agent
Billy Vermillion
Greater Impact Realty Kingsport
Buyer's Agent
Hannah Powell
Weichert Realtors Saxon Clark KPT
List Price
$109,000
Sold Price
$90,000
Premium/Discount to List
-$19,000
-17.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$83,444
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$82,493
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
Melton Jessica D $102,100 Williams Title
Lanningham James Edward $20,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melton Jessica D $85,000
Previous Owner Flanary Alice Marie $30,020
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $90,000 -17.4% $36 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $109,000 -- $43 / 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 $778 $101,100 $23,000 $78,100
2023 $778 $101,100 $23,000 $78,100
2022 $778 $101,100 $23,000 $78,100
2021 $670 $83,800 $15,500 $68,300
2020 $670 $83,800 $15,500 $68,300
2019 $670 $83,800 $15,500 $68,300
2018 $620 $83,800 $15,500 $68,300
2017 $620 $83,800 $15,500 $68,300
2016 -- $83,800 $15,500 $68,300
2015 -- $58,000 $20,000 $38,000
2014 -- $58,000 $20,000 $38,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9951659

Tennessee/Virginia Regional MLS

APN: 148D-A-15