NOT LISTED FOR SALE

3157 Willis Gap Rd Ararat, VA 24053

Estimated Value: $126,000 - $185,622

3 Beds
1 Bath
1,000 Sq Ft
$165/Sq Ft Est. Value

Last Sold April 07, 2020

Last sale price $40,000 $40 Per Sq Ft

Est. 312% increase in value since last sale

Current estimated payment $951/month

179 Days on Market

Highlights

  • 461,736 Sq Ft lot
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Wood Flooring
  • 1 Fireplace
  • Forced Air Heating System

About This Home

As of April 2020

Home is right off Willis Gap Rd. It has a small detached garage and per tax information there are 10.60 acres. Not able to locate foreclosure deed so may not be recorded yet. Home needs work before moving in. No power so not been able to try electrical, plumbing or heat. Appears to have a well but no permit available. Appears to have oil heat downstairs but furnace not found. Information is believed to be correct but cannot be guaranteed. Deed references water rights of some type. Seller offering $4025.00 buyer cash incentives. This is due to HUD regulations.

Last Agent to Sell the Property

Keith Gunter

Rogers Realty and Auction Co. Brokerage Phone: 2766942459 License #0225039002 Listed on: 10/09/2019

Last Buyer's Agent

Keith Gunter

Rogers Realty and Auction Co. Brokerage Phone: 2766942459 License #0225039002 Listed on: 10/09/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $578

Year Built

  • Built in 1940

Lot Details

  • 10.6 Acre Lot
  • Property is in good condition

Parking

  • Garage

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Schools

  • Blue Ridge Elementary School
  • Patrick County High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Baseboard Heating
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$578

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 10.60 acres
  • Subdivision Name: Other
  • Directions: From Stuart follow Rte. 8 south to Hwy 103. Follow to Ararat Hwy on right until you get to Willis Gap Rd. near N.C. and Va. border. Follow to property on left just past Willis Gap grocery.
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1940
  • Kitchen Level: First
  • RoomBedroomLevel: First
  • RoomBathroomLevel: First
  • Attribution Contact: 2766942459
  • Special Features: None

Interior Features

  • Appliances: Other Type Water Heater, As Is
  • Other Equipment: No Farm Equipment
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: 1st Floor Bedroom, Other
  • Living Area: 1000
  • Dining Room Dining Room Level: First

Exterior Features

  • Waterfront Features: Other Surface Water
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Property Condition: Fair
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Utilities Off
  • Water Source: Well

Schools

  • Elementary School: Blue Ridge
  • High School: Patrick County High School
  • Middle Or Junior School: NO MIDDLE SCHOOL

Lot Info

  • Lot Size Sq Ft: 461736
  • Zoning: Other
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2024
Sold by
King James E and King Betty S
Bought by
Springer Robert C and Andrews Meaghan
Current Estimated Value
$164,906

Purchase Details

Listed on
Oct 9, 2019
Closed on
Mar 20, 2020
Sold by
Reverse Mortgage Funding Llc
Bought by
King James E and King Betty S
Seller's Agent
Keith Gunter
Rogers Realty and Auction Co.
Buyer's Agent
Keith Gunter
Rogers Realty and Auction Co.
List Price
$40,000
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.32%

Purchase Details

Closed on
Sep 20, 2019
Sold by
Equity Trustees Llc
Bought by
Reverse Mortgage Funding Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Springer Robert C $285,000 None Listed On Document
King James E $31,350 Attorney
Reverse Mortgage Funding Llc $47,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marshall Kenneth Lee $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold $40,000 0.0% $40 / Sq Ft
04/06/2020 04/06/20 Pending -- -- --
10/09/2019 10/09/19 For Sale $40,000 -- $40 / Sq Ft
Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

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
2025 $578 $79,200 $40,800 $38,400
2024 $578 $79,200 $40,800 $38,400
2023 $578 $79,200 $40,800 $38,400
2022 $578 $79,200 $40,800 $38,400
2021 $539 $79,200 $40,800 $38,400
2020 $521 $76,600 $37,900 $38,700
2019 $521 $76,600 $37,900 $38,700
2018 $437 $76,600 $37,900 $38,700
2017 -- $76,600 $37,900 $38,700
2016 $437 $76,600 $37,900 $38,700
2015 -- $76,600 $37,900 $38,700
2014 -- $85,400 $43,800 $41,600
Source: Public Records

Agents Affiliated with this Home

  • Keith Gunter

    Seller's Agent in 2020

    Keith Gunter

    Rogers Realty and Auction Co.

    (276) 694-2459

    1 in this area

    16 Total Sales

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Map

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 134045

APN: 38100058

Virginia Patrick County Ararat 24053

3157 Willis Gap Rd, Ararat, VA

This home is located at 3157 Willis Gap Rd, Ararat, VA 24053 since 09 October 2019 and is currently estimated at $164,906, approximately $164 per square foot. This property was built in 1940. 3157 Willis Gap Rd is a home located in Patrick County with nearby schools including Patrick County High School.

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