NOT LISTED FOR SALE

3535 Low Gap Rd Troutdale, VA 24378

Estimated Value: $102,000 - $265,000

4 Beds
2 Baths
2,336 Sq Ft
$89/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $80,000 $34 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,176/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Wood Frame Window
  • Mature Trees
  • No HOA
  • 1 Car Detached Garage

About This Home

As of October 2021

Looking for a fixer upper full of character and original charm? If so, this house is for you! This 1920 built Cape Cod style home is loaded with original details such as wide wood trim and moldings, crystal door knobs, solid wood doors, built-in pantry hutch, french doors and more. The home features 4 bedrooms and 2 full baths, kitchen with breakfast nook, formal dining room, large living room and a sunroom. Bedrooms have decent closet/storage space, which is unusual in homes of this age, and there is good storage throughout the rest of the home. The unfinished block basement has some dividing walls and could easily be finished for more living space. Outside is a detached block garage with a second floor storage loft and a nice pasture area. Property is 1.422 acres and would be great for a small homestead, garden area or a couple small animals. House does have some issues with the plaster and will need work, but with a little TLC, this could be restored to a truly beautiful home.

Last Agent to Sell the Property

Sara Baker

Tri-County Real Estate License #0225246130 Listed on: 08/25/2021

Co-Listed By

Dennis Harrington

Tri-County Real Estate License #0225058007

Last Buyer's Agent

Sara Baker

Tri-County Real Estate License #0225246130 Listed on: 08/25/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $901

Year Built

  • Built in 1920

Lot Details

  • 1.42 Acre Lot
  • The property's road front is unimproved
  • Level Lot
  • Cleared Lot
  • Mature Trees

Parking

  • 1 Car Detached Garage
  • Open Parking

Home Design

  • Cape Cod Architecture
  • Cottage
  • Block Foundation
  • Shingle Roof
  • Metal Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,336 Sq Ft Home
  • 2-Story Property
  • Brick Fireplace
  • Tilt-In Windows
  • Window Treatments
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Laundry on main level
  • Property Views

Kitchen

  • Oven
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Outdoor Features

  • Porch

Schools

  • Grayson Highlands Elementary School
  • Grayson County Middle School
  • Grayson County High School

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Spring water is a source of water for the property
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$901

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.422
  • Road Surface Type: Unimproved
  • Co List Office Mls Id: 102
  • Co List Office Phone: 276-773-3632
  • Directions: From the stoplight in Independence at the intersection of U.S. 21 and U.S. 58, take 58W for 16.6 miles. Continue straight on VA-16N for 1.1. miles then turn left on State Rt. 738 (Little Wilson Road; just before Grayson Highlands School) for 1.4 miles. Turn right on State Rt. 740 (Low Gap Road) and property is 0.2 miles on the left.
  • Above Grade Finished Sq Ft: 2336
  • Architectural Style: Cottage, Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1920
  • Kitchen Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oven, Microwave, Other, Electric Water Heater
  • Has Basement: Full, Walk-Up Access, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1440
  • Fireplace Features: Brick
  • Fireplace: Yes
  • Interior Amenities: Internet Availability Other/See Remarks
  • Living Area: 2336
  • Window Features: Single Pane, Tilt Windows, Wood Frames, Some Window Treatments
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Second
  • Bathroom 2 Level: Second
  • Room Bedroom2 Level: Second
  • Bathroom Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Rolling/Sloping, Cleared, Level, Views
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Metal Siding, Plaster
  • Exterior Features: Mature Trees
  • Foundation Details: Block, Concrete Perimeter
  • Patio And Porch Features: Porch Open
  • Property Condition: Exterior Condition: Poor, Interior Condition: Fair
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Paved, Detached
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: First Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Not Available
  • Water Source: Spring

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Grayson Highlands
  • High School: Grayson County
  • Middle Or Junior School: Grayson County

Lot Info

  • Lot Size Sq Ft: 61942.32
  • Zoning: Residentia
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 900.98
  • Tax Map Number: 47B-1-7A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2023
Sold by
Campbell Charles D
Bought by
Dietrich Gilbert
Current Estimated Value
$207,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Outstanding Balance
$75,932
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$131,558

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 12, 2021
Sold by
Gerwan Michael J and Gerwan Lillie P
Bought by
Campbell Charles D
Seller's Agent
Sara Baker
Tri-County Real Estate
Buyer's Agent
Sara Baker
Tri-County Real Estate
List Price
$69,900
Sold Price
$80,000
Premium/Discount to List
$10,100
14.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.52%
Original Mortgage
$64,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Dietrich Gilbert $80,000 Amrock
Campbell Charles D $80,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dietrich Gilbert $77,600
Previous Owner Campbell Charles D $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $80,000 +14.4% $34 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $69,900 -- $30 / Sq Ft
Source: Southwest Virginia 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
2024 $831 $153,800 $18,400 $135,400
2023 $1,047 $153,800 $18,400 $135,400
2022 $697 $153,800 $18,400 $135,400
2021 $913 $118,100 $18,400 $99,700
2020 $901 $118,100 $18,400 $99,700
2019 $735 $118,100 $18,400 $99,700
2018 $735 $118,100 $18,400 $99,700
2017 $735 $118,100 $18,400 $99,700
2016 -- $118,100 $18,400 $99,700
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sara Baker

    Tri-County Real Estate

    (276) 773-3632

    6 in this area

    28 Total Sales

    Sara Baker
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Dennis Harrington

    Tri-County Real Estate

    (276) 768-8800

    2 in this area

    15 Total Sales

    Dennis Harrington
    Section Image
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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 79787

APN: 47B - 1- - 7A

Virginia Grayson County Troutdale 24378

3535 Low Gap Rd, Troutdale, VA

This home is located at 3535 Low Gap Rd, Troutdale, VA 24378 since 25 August 2021 and is currently estimated at $207,688, approximately $88 per square foot. This property was built in 1920. 3535 Low Gap Rd is a home located in Grayson County with nearby schools including Grayson County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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